Fulton Bank N.A. Makes New Investment in Expedia Group, Inc. (NASDAQ:EXPE)

Fulton Bank N.A. bought a new position in Expedia Group, Inc. (NASDAQ:EXPE) in the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 1,367 shares of the online travel company’s stock, valued at approximately $255,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in EXPE. Caprock Group LLC lifted its position in shares of Expedia Group by 33.7% in the third quarter. Caprock Group LLC now owns 10,191 shares of the online travel company’s stock worth $1,508,000 after purchasing an additional 2,569 shares in the last quarter. Cozad Asset Management Inc. lifted its position in shares of Expedia Group by 16.9% in the third quarter. Cozad Asset Management Inc. now owns 30,823 shares of the online travel company’s stock worth $4,562,000 after purchasing an additional 4,449 shares in the last quarter. Robeco Institutional Asset Management B.V. lifted its position in shares of Expedia Group by 13.1% in the third quarter. Robeco Institutional Asset Management B.V. now owns 649,716 shares of the online travel company’s stock worth $96,171,000 after purchasing an additional 75,120 shares in the last quarter. Integrated Investment Consultants LLC purchased a new stake in shares of Expedia Group in the third quarter worth approximately $527,000. Finally, DoubleLine ETF Adviser LP purchased a new stake in shares of Expedia Group in the second quarter worth approximately $465,000. 90.76% of the stock is currently owned by institutional investors and hedge funds.

Expedia Group Stock Down 1.3 %

EXPE opened at $180.20 on Friday. Expedia Group, Inc. has a fifty-two week low of $107.25 and a fifty-two week high of $192.34. The company has a debt-to-equity ratio of 2.03, a current ratio of 0.73 and a quick ratio of 0.73. The firm’s fifty day moving average price is $183.17 and its two-hundred day moving average price is $153.63. The company has a market capitalization of $23.13 billion, a P/E ratio of 23.19, a P/E/G ratio of 1.03 and a beta of 1.84.

Insiders Place Their Bets

In other Expedia Group news, insider Robert J. Dzielak sold 1,951 shares of Expedia Group stock in a transaction on Thursday, November 21st. The stock was 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 ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Dara Khosrowshahi sold 10,000 shares of Expedia Group stock in a transaction dated Friday, November 1st. The shares were sold at an average price of $156.87, for a total value of $1,568,700.00. Following the completion of the transaction, the director now directly owns 188,505 shares of the company’s stock, valued at $29,570,779.35. This represents a 5.04 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 28,951 shares of company stock worth $5,045,310 over the last 90 days. Corporate insiders own 6.80% of the company’s stock.

Wall Street Analysts Forecast Growth

EXPE has been the subject of a number of research analyst reports. DA Davidson increased their price target on shares of Expedia Group from $135.00 to $190.00 and gave the stock a “neutral” rating in a research report on Monday, November 18th. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $130.00 price objective on shares of Expedia Group in a research report on Monday, October 7th. JMP Securities reaffirmed a “market perform” rating on shares of Expedia Group in a research report on Monday, December 16th. UBS Group raised their price objective on shares of Expedia Group from $137.00 to $156.00 and gave the company a “neutral” rating in a research report on Wednesday, October 23rd. Finally, Oppenheimer raised their price objective on shares of Expedia Group from $155.00 to $210.00 and gave the company an “outperform” rating in a research report on Friday, November 8th. Twenty analysts have rated the stock with a hold rating, ten have issued a buy rating and three have given a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $175.00.

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.