Expedia Group, Inc. (NASDAQ:EXPE) Stock Holdings Reduced by Farther Finance Advisors LLC

Farther Finance Advisors LLC cut its position in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 68.1% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 438 shares of the online travel company’s stock after selling 936 shares during the period. Farther Finance Advisors LLC’s holdings in Expedia Group were worth $65,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in EXPE. Envestnet Portfolio Solutions Inc. lifted its stake in Expedia Group by 17.0% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 3,988 shares of the online travel company’s stock valued at $549,000 after acquiring an additional 579 shares during the last quarter. Avantax Advisory Services Inc. boosted its holdings in Expedia Group by 12.3% in the first quarter. Avantax Advisory Services Inc. now owns 1,674 shares of the online travel company’s stock worth $231,000 after purchasing an additional 183 shares in the last quarter. Bleakley Financial Group LLC increased its position in Expedia Group by 5.1% during the first quarter. Bleakley Financial Group LLC now owns 2,028 shares of the online travel company’s stock worth $279,000 after buying an additional 99 shares during the last quarter. State Board of Administration of Florida Retirement System increased its position in Expedia Group by 7.2% during the first quarter. State Board of Administration of Florida Retirement System now owns 164,317 shares of the online travel company’s stock worth $22,635,000 after buying an additional 11,045 shares during the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in Expedia Group by 18.3% during the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 154,867 shares of the online travel company’s stock valued at $21,333,000 after buying an additional 23,939 shares in the last quarter. 90.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Expedia Group

In related news, 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 transaction 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 trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. In related news, Director Dara Khosrowshahi sold 10,000 shares of the firm’s stock in a transaction on Friday, November 1st. The stock was 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 directly owns 188,505 shares of the company’s stock, valued at $29,570,779.35. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Robert J. Dzielak sold 5,417 shares of the business’s stock in a transaction on Monday, August 19th. The stock was sold at an average price of $134.60, for a total value of $729,128.20. Following the completion of the transaction, the insider now directly owns 84,543 shares in the company, valued at approximately $11,379,487.80. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 48,019 shares of company stock valued at $6,958,891. 6.80% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. Truist Financial initiated coverage on Expedia Group in a report on Friday, September 6th. They set a “hold” rating and a $148.00 price objective on the stock. Benchmark lifted their price target on shares of Expedia Group from $180.00 to $200.00 and gave the company a “buy” rating in a research report on Friday, November 8th. Citigroup upped their price objective on shares of Expedia Group from $140.00 to $145.00 and gave the stock a “neutral” rating in a report on Friday, August 9th. Piper Sandler reiterated a “neutral” rating and issued a $140.00 target price (down previously from $145.00) on shares of Expedia Group in a report on Friday, August 9th. Finally, Cantor Fitzgerald restated a “neutral” rating and set a $130.00 price target on shares of Expedia Group in a report on Monday, October 7th. Twenty research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $161.62.

Expedia Group Price Performance

Shares of EXPE stock opened at $182.00 on Wednesday. The company has a debt-to-equity ratio of 2.45, a current ratio of 0.76 and a quick ratio of 0.76. The stock’s fifty day simple moving average is $150.71 and its 200 day simple moving average is $133.78. Expedia Group, Inc. has a one year low of $107.25 and a one year high of $190.40. The firm has a market cap of $23.69 billion, a price-to-earnings ratio of 23.72, a P/E/G ratio of 0.70 and a beta of 1.78.

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.