Pathstone Holdings LLC Raises Position in Expedia Group, Inc. (NASDAQ:EXPE)

Pathstone Holdings LLC raised its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 2.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 9,802 shares of the online travel company’s stock after buying an additional 195 shares during the quarter. Pathstone Holdings LLC’s holdings in Expedia Group were worth $1,451,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in EXPE. Innealta Capital LLC purchased a new position in shares of Expedia Group during the second quarter worth about $27,000. Blue Trust Inc. grew its stake in Expedia Group by 93.8% in the 2nd quarter. Blue Trust Inc. now owns 217 shares of the online travel company’s stock worth $30,000 after buying an additional 105 shares in the last quarter. LRI Investments LLC bought a new position in shares of Expedia Group in the 1st quarter worth $48,000. Venturi Wealth Management LLC increased its holdings in shares of Expedia Group by 709.8% in the 3rd quarter. Venturi Wealth Management LLC now owns 332 shares of the online travel company’s stock worth $49,000 after buying an additional 291 shares during the last quarter. Finally, Strategic Financial Concepts LLC purchased a new stake in shares of Expedia Group during the 2nd quarter valued at $65,000. 90.76% of the stock is currently owned by institutional investors.

Insider Activity at Expedia Group

In related news, Director Dara Khosrowshahi sold 10,000 shares of the firm’s stock in a transaction that occurred on Friday, September 27th. The stock was sold at an average price of $150.21, for a total transaction 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. This trade represents a 4.58 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, 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 sale, the insider now directly owns 85,250 shares in the company, valued at $15,345,000. This trade represents a 2.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 38,951 shares of company stock valued at $6,197,710 in the last three months. Company insiders own 6.80% of the company’s stock.

Wall Street Analysts Forecast Growth

EXPE has been the topic of a number of research analyst reports. DA Davidson increased their target price on Expedia Group from $135.00 to $190.00 and gave the company a “neutral” rating in a research note on Monday, November 18th. Barclays increased their price objective on Expedia Group from $134.00 to $153.00 and gave the company an “equal weight” rating in a research report on Friday, November 8th. Susquehanna boosted their target price on Expedia Group from $145.00 to $190.00 and gave the stock a “neutral” rating in a research report on Monday, November 11th. TD Cowen cut shares of Expedia Group from a “buy” rating to a “hold” rating and increased their price target for the company from $130.00 to $150.00 in a research report on Wednesday, September 25th. Finally, Jefferies Financial Group lifted their price target on shares of Expedia Group from $145.00 to $160.00 and gave the stock a “hold” rating in a research note on Tuesday, October 22nd. Twenty research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $167.67.

Expedia Group Stock Performance

Shares of Expedia Group stock opened at $184.92 on Friday. The business has a fifty day simple moving average of $162.99 and a two-hundred day simple moving average of $138.96. The firm has a market capitalization of $23.73 billion, a P/E ratio of 23.80, a P/E/G ratio of 0.72 and a beta of 1.78. The company has a current ratio of 0.73, a quick 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 $190.40.

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.