Expedia Group, Inc. (NASDAQ:EXPE) Shares Purchased by Toronto Dominion Bank

Toronto Dominion Bank raised its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 19.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 44,710 shares of the online travel company's stock after purchasing an additional 7,425 shares during the quarter. Toronto Dominion Bank's holdings in Expedia Group were worth $6,618,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Windacre Partnership LLC boosted its position in Expedia Group by 49.5% in the third quarter. Windacre Partnership LLC now owns 4,323,700 shares of the online travel company's stock valued at $639,994,000 after buying an additional 1,431,500 shares during the last quarter. Pacer Advisors Inc. boosted its holdings in shares of Expedia Group by 22.5% in the 3rd quarter. Pacer Advisors Inc. now owns 3,250,710 shares of the online travel company's stock valued at $481,170,000 after acquiring an additional 596,510 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of Expedia Group by 0.6% in the third quarter. Geode Capital Management LLC now owns 3,197,927 shares of the online travel company's stock worth $472,212,000 after acquiring an additional 20,005 shares during the period. Fisher Asset Management LLC increased its stake in shares of Expedia Group by 9.4% in the third quarter. Fisher Asset Management LLC now owns 1,689,485 shares of the online travel company's stock worth $250,078,000 after acquiring an additional 144,579 shares during the period. Finally, Alkeon Capital Management LLC raised its holdings in shares of Expedia Group by 46.3% during the third quarter. Alkeon Capital Management LLC now owns 1,576,472 shares of the online travel company's stock worth $233,349,000 after purchasing an additional 498,934 shares during the last quarter. Hedge funds and other institutional investors own 90.76% of the company's stock.

Expedia Group Price Performance

EXPE stock traded down $1.56 during mid-day trading on Friday, reaching $183.00. The company's stock had a trading volume of 871,843 shares, compared to its average volume of 2,085,598. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 2.03. The company's 50 day moving average is $171.80 and its two-hundred day moving average is $145.17. Expedia Group, Inc. has a fifty-two week low of $107.25 and a fifty-two week high of $192.34. The stock has a market cap of $23.49 billion, a PE ratio of 23.55, a P/E/G ratio of 1.07 and a beta of 1.84.

Insider Activity at Expedia Group

In other news, insider Robert J. Dzielak sold 1,951 shares of the firm's stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $180.00, for a total transaction of $351,180.00. Following the completion of the sale, the insider now owns 85,250 shares in the company, valued at $15,345,000. This trade represents a 2.24 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Dara Khosrowshahi sold 10,000 shares of the stock in a transaction that occurred on Friday, September 27th. The stock was sold at an average price of $150.21, for a total value of $1,502,100.00. Following the completion of the transaction, the director now owns 208,505 shares of the company's stock, valued at $31,319,536.05. The trade was a 4.58 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 38,951 shares of company stock valued at $6,197,710. 6.80% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on EXPE shares. Morgan Stanley increased their price target on Expedia Group from $150.00 to $180.00 and gave the stock an "equal weight" rating in a research report on Friday, November 22nd. Truist Financial began coverage on Expedia Group in a research report on Friday, September 6th. They set a "hold" rating and a $148.00 price target for the company. JPMorgan Chase & Co. boosted their price target on Expedia Group from $135.00 to $170.00 and gave the company a "neutral" rating in a report on Friday, November 8th. UBS Group raised their price objective on shares of Expedia Group from $137.00 to $156.00 and gave the stock a "neutral" rating in a research note on Wednesday, October 23rd. Finally, Jefferies Financial Group boosted their target price on shares of Expedia Group from $145.00 to $160.00 and gave the company a "hold" rating in a research note on Tuesday, October 22nd. Twenty investment analysts have rated the stock with a hold rating, eight have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $167.67.

About Expedia Group

Expedia Group, Inc operates as an online travel company in the United States and internationally. The company operates through B2C, B2B, and trivago segments. Its B2C segment includes Brand Expedia, a full-service online travel brand offers various travel products and services; Hotels.com for lodging accommodations; Vrbo, an online marketplace for the alternative accommodations; Orbitz, Travelocity, Wotif Group, ebookers, CheapTickets, Hotwire.com and CarRentals.com.