Czech National Bank Increases Position in Expedia Group, Inc. (NASDAQ:EXPE)

Czech National Bank lifted its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 5.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 26,664 shares of the online travel company’s stock after acquiring an additional 1,271 shares during the quarter. Czech National Bank’s holdings in Expedia Group were worth $4,968,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Caprock Group LLC increased its stake in shares of Expedia Group by 33.7% during the 3rd 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 during the last quarter. Cozad Asset Management Inc. grew its holdings in Expedia Group by 16.9% during the third quarter. Cozad Asset Management Inc. now owns 30,823 shares of the online travel company’s stock valued at $4,562,000 after purchasing an additional 4,449 shares during the period. Robeco Institutional Asset Management B.V. increased its position in 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 buying an additional 75,120 shares during the last quarter. Integrated Investment Consultants LLC bought a new stake in shares of Expedia Group in the third quarter valued at $527,000. Finally, DoubleLine ETF Adviser LP bought a new stake in shares of Expedia Group in the second quarter valued at $465,000. 90.76% of the stock is currently owned by institutional investors.

Expedia Group Price Performance

Shares of EXPE stock opened at $186.52 on Thursday. The company has a debt-to-equity ratio of 2.03, a quick ratio of 0.73 and a current ratio of 0.73. Expedia Group, Inc. has a fifty-two week low of $107.25 and a fifty-two week high of $192.34. The firm has a market cap of $23.94 billion, a P/E ratio of 24.01, a P/E/G ratio of 1.03 and a beta of 1.83. The business’s 50 day moving average price is $183.94 and its 200-day moving average price is $154.78.

Analyst Ratings Changes

Several equities research analysts have commented on the stock. Jefferies Financial Group upped their price objective on shares of Expedia Group from $145.00 to $160.00 and gave the company a “hold” rating in a report on Tuesday, October 22nd. Benchmark raised their price target on Expedia Group from $180.00 to $200.00 and gave the stock a “buy” rating in a report on Friday, November 8th. Melius Research upgraded Expedia Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 6th. Oppenheimer increased their price target on shares of Expedia Group from $155.00 to $210.00 and gave the stock an “outperform” rating in a report on Friday, November 8th. Finally, Cantor Fitzgerald reaffirmed a “neutral” rating and set a $130.00 price objective on shares of Expedia Group in a research note on Monday, October 7th. Twenty investment analysts have rated the stock with a hold rating, ten have assigned a buy rating and three have given a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $175.64.

Insider Buying and Selling

In other news, Director Dara Khosrowshahi sold 10,000 shares of the stock in a transaction that occurred on Friday, November 1st. The stock was 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 owns 188,505 shares of the company’s stock, valued at approximately $29,570,779.35. This represents a 5.04 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Lance A. Soliday sold 7,000 shares of Expedia Group stock in a transaction that occurred on Thursday, November 14th. The shares were sold at an average price of $181.99, for a total value of $1,273,930.00. Following the sale, the chief accounting officer now owns 11,187 shares in the company, valued at $2,035,922.13. This represents a 38.49 % 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 quarter. 6.80% of the stock is owned by company insiders.

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.