Versant Capital Management Inc Buys 419 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

Versant Capital Management Inc raised its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 299.3% in the 4th quarter, HoldingsChannel reports. The firm owned 559 shares of the online travel company’s stock after purchasing an additional 419 shares during the period. Versant Capital Management Inc’s holdings in Expedia Group were worth $104,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of EXPE. Oddo BHF Asset Management Sas purchased a new position in Expedia Group in the third quarter worth $1,930,000. Optimist Retirement Group LLC bought a new stake in Expedia Group during the third quarter worth about $246,000. Wilmington Savings Fund Society FSB purchased a new position in shares of Expedia Group in the 3rd quarter worth about $2,958,000. Sanctuary Advisors LLC increased its position in shares of Expedia Group by 6.8% during the 3rd quarter. Sanctuary Advisors LLC now owns 9,124 shares of the online travel company’s stock valued at $1,351,000 after purchasing an additional 584 shares during the last quarter. Finally, Stock Yards Bank & Trust Co. lifted its position in Expedia Group by 16.3% in the 3rd quarter. Stock Yards Bank & Trust Co. now owns 216,685 shares of the online travel company’s stock worth $32,074,000 after buying an additional 30,396 shares during the last quarter. Hedge funds and other institutional investors own 90.76% of the company’s stock.

Insider Buying and Selling

In other news, Director Dara Khosrowshahi sold 10,000 shares of the business’s stock in a transaction on Friday, November 1st. The shares were sold at an average price of $156.87, for a total transaction of $1,568,700.00. Following the completion of the sale, the director now owns 188,505 shares of the company’s stock, valued at $29,570,779.35. The trade was a 5.04 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Robert J. Dzielak sold 1,951 shares of the firm’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 directly owns 85,250 shares in the company, valued at approximately $15,345,000. This represents a 2.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 28,951 shares of company stock valued at $5,045,310 over the last 90 days. Company insiders own 6.80% of the company’s stock.

Expedia Group Trading Up 0.4 %

Shares of EXPE stock opened at $186.09 on Friday. The stock has a market capitalization of $23.88 billion, a P/E ratio of 23.95, a P/E/G ratio of 1.07 and a beta of 1.83. 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 firm’s 50 day moving average is $180.79 and its 200 day moving average is $151.67. Expedia Group, Inc. has a 12-month low of $107.25 and a 12-month high of $192.34.

Wall Street Analysts Forecast Growth

EXPE has been the subject of a number of recent research reports. Baird R W upgraded shares of Expedia Group to a “strong-buy” rating in a report on Wednesday, November 27th. Bank of America raised Expedia Group from a “neutral” rating to a “buy” rating and boosted their target price for the company from $187.00 to $221.00 in a research note on Wednesday, December 18th. Oppenheimer lifted their price target on Expedia Group from $155.00 to $210.00 and gave the stock an “outperform” rating in a research note on Friday, November 8th. UBS Group increased their price objective on Expedia Group from $137.00 to $156.00 and gave the company a “neutral” rating in a research note on Wednesday, October 23rd. Finally, Wells Fargo & Company upped their price target on shares of Expedia Group from $130.00 to $159.00 and gave the company an “equal weight” rating in a report on Tuesday, October 8th. Twenty investment analysts have rated the stock with a hold rating, eight have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $169.77.

Expedia Group Company 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.