Expedia Group, Inc. (NASDAQ:EXPE) Shares Sold by Fmr LLC

Fmr LLC lowered its holdings in Expedia Group, Inc. (NASDAQ:EXPE) by 29.8% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,224,160 shares of the online travel company’s stock after selling 519,901 shares during the period. Fmr LLC owned about 0.94% of Expedia Group worth $181,200,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Innealta Capital LLC bought a new position in Expedia Group in the second quarter worth about $27,000. Blue Trust Inc. lifted its stake in Expedia Group by 93.8% during the second quarter. Blue Trust Inc. now owns 217 shares of the online travel company’s stock valued at $30,000 after purchasing an additional 105 shares during the last quarter. Venturi Wealth Management LLC boosted its holdings in Expedia Group by 709.8% during the third 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 in the last quarter. Future Financial Wealth Managment LLC bought a new stake in Expedia Group during the third quarter worth approximately $74,000. Finally, Mendota Financial Group LLC grew its position in Expedia Group by 57.4% in the second quarter. Mendota Financial Group LLC now owns 754 shares of the online travel company’s stock worth $95,000 after buying an additional 275 shares during the last quarter. 90.76% of the stock is currently owned by hedge funds and other institutional investors.

Expedia Group Stock Up 0.2 %

EXPE opened at $185.01 on Tuesday. The business has a 50 day moving average of $164.62 and a 200-day moving average of $140.34. The stock has a market capitalization of $23.75 billion, a price-to-earnings ratio of 23.81, a P/E/G ratio of 0.73 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 1-year low of $107.25 and a 1-year high of $190.40.

Insider Buying and Selling

In other news, insider Robert J. Dzielak sold 1,951 shares of the firm’s stock in a transaction dated 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 transaction, the insider now directly owns 85,250 shares of the company’s stock, valued at approximately $15,345,000. This trade represents a 2.24 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Dara Khosrowshahi sold 10,000 shares of the company’s stock in a transaction dated Friday, October 4th. The shares were sold at an average price of $150.18, for a total transaction of $1,501,800.00. Following the completion of the sale, the director now directly owns 198,505 shares in the company, valued at approximately $29,811,480.90. The trade was a 4.80 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 38,951 shares of company stock valued at $6,197,710 over the last three months. 6.80% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the company. Bank of America increased their price target on Expedia Group from $144.00 to $166.00 and gave the company a “neutral” rating in a research report on Friday, October 25th. Benchmark boosted their price target on shares of Expedia Group from $180.00 to $200.00 and gave the company a “buy” rating in a report on Friday, November 8th. Deutsche Bank Aktiengesellschaft lowered shares of Expedia Group from a “buy” rating to a “hold” rating in a research note on Friday, November 8th. Jefferies Financial Group increased their target price on Expedia Group from $145.00 to $160.00 and gave the company a “hold” rating in a report on Tuesday, October 22nd. Finally, Piper Sandler reissued a “neutral” rating and set a $140.00 price target (down from $145.00) on shares of Expedia Group in a research report on Friday, August 9th. Twenty 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 presently has a consensus rating of “Hold” and a consensus price target of $167.67.

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.