XTX Topco Ltd Sells 8,254 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

XTX Topco Ltd decreased its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 40.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,110 shares of the online travel company's stock after selling 8,254 shares during the quarter. XTX Topco Ltd's holdings in Expedia Group were worth $1,793,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in EXPE. Windacre Partnership LLC raised its stake in shares of Expedia Group by 49.5% during the 3rd quarter. Windacre Partnership LLC now owns 4,323,700 shares of the online travel company's stock valued at $639,994,000 after purchasing an additional 1,431,500 shares during the period. Pacer Advisors Inc. increased its position in shares of Expedia Group by 36.8% during the second quarter. Pacer Advisors Inc. now owns 2,654,200 shares of the online travel company's stock valued at $334,403,000 after buying an additional 714,229 shares during the period. Alkeon Capital Management LLC lifted its holdings in shares of Expedia Group by 46.3% in 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 buying an additional 498,934 shares in the last quarter. Point72 Asset Management L.P. boosted its position in shares of Expedia Group by 1,649.4% in the second quarter. Point72 Asset Management L.P. now owns 407,605 shares of the online travel company's stock valued at $51,354,000 after acquiring an additional 384,305 shares during the period. Finally, AustralianSuper Pty Ltd grew its stake in Expedia Group by 88.8% during the second quarter. AustralianSuper Pty Ltd now owns 753,260 shares of the online travel company's stock valued at $94,903,000 after acquiring an additional 354,389 shares in the last quarter. Hedge funds and other institutional investors own 90.76% of the company's stock.

Wall Street Analysts Forecast Growth

EXPE has been the subject of several analyst reports. Truist Financial started coverage on shares of Expedia Group in a report on Friday, September 6th. They issued a "hold" rating and a $148.00 price target for the company. UBS Group raised their price target on Expedia Group from $137.00 to $156.00 and gave the company a "neutral" rating in a report on Wednesday, October 23rd. Oppenheimer boosted their price objective on Expedia Group from $155.00 to $210.00 and gave the stock an "outperform" rating in a report on Friday, November 8th. JPMorgan Chase & Co. raised their target price on shares of Expedia Group from $135.00 to $170.00 and gave the company a "neutral" rating in a research note on Friday, November 8th. Finally, Robert W. Baird started coverage on shares of Expedia Group in a research note on Wednesday, November 27th. They issued an "outperform" rating and a $225.00 price target for the company. Twenty investment analysts have rated the stock with a hold rating, eight have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $167.67.

Insider Activity

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

Expedia Group Stock Down 0.2 %

Shares of NASDAQ:EXPE traded down $0.29 during trading on Friday, hitting $190.72. The stock had a trading volume of 1,131,008 shares, compared to its average volume of 1,457,636. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 2.03. Expedia Group, Inc. has a 12 month low of $107.25 and a 12 month high of $192.28. The company has a market capitalization of $24.48 billion, a PE ratio of 24.55, a PEG ratio of 0.74 and a beta of 1.84. The firm's fifty day moving average is $167.88 and its 200 day moving average is $142.46.

Expedia Group Profile

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.