Brooklyn Investment Group Buys New Shares in Expedia Group, Inc. (NASDAQ:EXPE)

Brooklyn Investment Group bought a new stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 347 shares of the online travel company’s stock, valued at approximately $51,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. Caprock Group LLC increased its stake in Expedia Group by 33.7% in the 3rd quarter. Caprock Group LLC now owns 10,191 shares of the online travel company’s stock valued at $1,508,000 after buying an additional 2,569 shares during the period. Cozad Asset Management Inc. grew its stake in Expedia Group by 16.9% in the 3rd quarter. Cozad Asset Management Inc. now owns 30,823 shares of the online travel company’s stock valued at $4,562,000 after buying an additional 4,449 shares during the last quarter. Robeco Institutional Asset Management B.V. grew its stake in Expedia Group by 13.1% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 649,716 shares of the online travel company’s stock valued at $96,171,000 after buying an additional 75,120 shares during the last quarter. DoubleLine ETF Adviser LP bought a new stake in Expedia Group in the 2nd quarter valued at $465,000. Finally, Integrated Investment Consultants LLC bought a new stake in Expedia Group in the 3rd quarter valued at $527,000. 90.76% of the stock is 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 that occurred on Friday, October 4th. The shares were sold at an average price of $150.18, for a total transaction of $1,501,800.00. Following the transaction, the director now owns 198,505 shares of the company’s stock, valued at $29,811,480.90. This trade represents a 4.80 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Lance A. Soliday sold 7,000 shares of Expedia Group stock in a transaction that occurred 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 transaction, the chief accounting officer now directly owns 11,187 shares in the company, valued at $2,035,922.13. The trade was a 38.49 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 38,951 shares of company stock worth $6,197,710 in the last quarter. 6.80% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of research firms have recently commented on EXPE. JPMorgan Chase & Co. raised their price objective on shares of Expedia Group from $135.00 to $170.00 and gave the stock a “neutral” rating in a report on Friday, November 8th. TD Cowen downgraded shares of Expedia Group from a “buy” rating to a “hold” rating and lifted their price target for the company from $130.00 to $150.00 in a report on Wednesday, September 25th. Susquehanna lifted their price target on shares of Expedia Group from $145.00 to $190.00 and gave the company a “neutral” rating in a report on Monday, November 11th. Oppenheimer lifted their price target on shares of Expedia Group from $155.00 to $210.00 and gave the company an “outperform” rating in a report on Friday, November 8th. Finally, StockNews.com downgraded shares of Expedia Group from a “strong-buy” rating to a “buy” rating in a report on Saturday, November 9th. Twenty investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Expedia Group currently has an average rating of “Hold” and a consensus target price of $167.67.

Expedia Group Stock Down 0.2 %

Shares of NASDAQ:EXPE opened at $184.62 on Friday. Expedia Group, Inc. has a one year low of $107.25 and a one year high of $190.40. The company has a 50 day moving average of $163.80 and a 200-day moving average of $139.46. 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 stock has a market cap of $23.70 billion, a price-to-earnings ratio of 23.76, a P/E/G ratio of 0.73 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.