Mutual of America Capital Management LLC decreased its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE – Free Report) by 4.1% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 15,360 shares of the online travel company’s stock after selling 661 shares during the period. Mutual of America Capital Management LLC’s holdings in Expedia Group were worth $2,274,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds also recently made changes to their positions in EXPE. Empirical Finance LLC lifted its stake in Expedia Group by 1.3% during the third quarter. Empirical Finance LLC now owns 4,754 shares of the online travel company’s stock valued at $704,000 after buying an additional 63 shares in the last quarter. Venture Visionary Partners LLC boosted its stake in Expedia Group by 0.6% in the 3rd quarter. Venture Visionary Partners LLC now owns 11,367 shares of the online travel company’s stock worth $1,683,000 after purchasing an additional 64 shares during the period. GHE LLC grew its position in Expedia Group by 1.0% during the 3rd quarter. GHE LLC now owns 6,689 shares of the online travel company’s stock worth $980,000 after purchasing an additional 69 shares in the last quarter. AdvisorShares Investments LLC raised its stake in Expedia Group by 7.1% during the 2nd quarter. AdvisorShares Investments LLC now owns 1,517 shares of the online travel company’s stock valued at $186,000 after purchasing an additional 100 shares during the period. Finally, Bleakley Financial Group LLC lifted its holdings in shares of Expedia Group by 5.2% in the third quarter. Bleakley Financial Group LLC now owns 2,076 shares of the online travel company’s stock valued at $307,000 after purchasing an additional 102 shares in the last quarter. Institutional investors and hedge funds own 90.76% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of analysts recently issued reports on the company. Citigroup lifted their price objective on Expedia Group from $140.00 to $145.00 and gave the company a “neutral” rating in a research report on Friday, August 9th. Bank of America increased their price objective on Expedia Group from $144.00 to $166.00 and gave the stock a “neutral” rating in a report on Friday, October 25th. TD Cowen downgraded shares of Expedia Group from a “buy” rating to a “hold” rating and increased their target price for the stock from $130.00 to $150.00 in a research report on Wednesday, September 25th. Wells Fargo & Company upped their target price on Expedia Group from $130.00 to $159.00 and gave the stock an “equal weight” rating in a research report on Tuesday, October 8th. Finally, Royal Bank of Canada reissued a “sector perform” rating and issued a $140.00 price target on shares of Expedia Group in a research report on Friday, August 9th. Twenty research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $165.46.
Insider Transactions at Expedia Group
In other Expedia Group news, Director Dara Khosrowshahi sold 10,000 shares of Expedia Group stock in a transaction that occurred on Friday, October 4th. The shares were sold at an average price of $150.18, for a total value of $1,501,800.00. Following the transaction, the director now owns 198,505 shares of the company’s stock, valued at approximately $29,811,480.90. The trade was a 4.80 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CAO Lance A. Soliday sold 7,000 shares of the stock in a transaction on Thursday, November 14th. The stock was sold at an average price of $181.99, for a total transaction of $1,273,930.00. Following the sale, the chief accounting officer now directly owns 11,187 shares of the company’s stock, valued at $2,035,922.13. This represents a 38.49 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 38,951 shares of company stock worth $6,197,710. 6.80% of the stock is currently owned by company insiders.
Expedia Group Stock Up 0.8 %
Shares of Expedia Group stock opened at $184.92 on Monday. Expedia Group, Inc. has a 12 month low of $107.25 and a 12 month high of $190.40. The business has a fifty day simple moving average of $159.31 and a 200 day simple moving average of $137.29. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 2.03. The stock has a market cap of $23.73 billion, a PE ratio of 23.80, a price-to-earnings-growth ratio of 0.72 and a beta of 1.78.
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.
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