Expedia Group, Inc. (NASDAQ:EXPE) Shares Bought by Two Sigma Advisers LP

Two Sigma Advisers LP raised its position in Expedia Group, Inc. (NASDAQ:EXPE) by 43.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 256,400 shares of the online travel company’s stock after acquiring an additional 78,000 shares during the quarter. Two Sigma Advisers LP’s holdings in Expedia Group were worth $37,952,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of EXPE. Innealta Capital LLC acquired a new position in Expedia Group in the 2nd quarter valued at about $27,000. Blue Trust Inc. grew its position in Expedia Group by 93.8% in the 2nd quarter. Blue Trust Inc. now owns 217 shares of the online travel company’s stock valued at $30,000 after acquiring an additional 105 shares in the last quarter. Venturi Wealth Management LLC grew its position in Expedia Group by 709.8% in the 3rd quarter. Venturi Wealth Management LLC now owns 332 shares of the online travel company’s stock valued at $49,000 after acquiring an additional 291 shares in the last quarter. Brooklyn Investment Group acquired a new position in shares of Expedia Group during the third quarter worth about $51,000. Finally, Strategic Financial Concepts LLC acquired a new position in shares of Expedia Group during the second quarter worth about $65,000. 90.76% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Expedia Group

In other news, insider Robert J. Dzielak sold 1,951 shares of the company’s stock in a transaction that occurred 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 sale, the insider now owns 85,250 shares in the company, valued at $15,345,000. This represents a 2.24 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Dara Khosrowshahi sold 10,000 shares of the company’s stock in a transaction that occurred on Friday, September 27th. The stock was sold at an average price of $150.21, for a total value of $1,502,100.00. Following the sale, the director now owns 208,505 shares of the company’s stock, valued at $31,319,536.05. This trade represents a 4.58 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 38,951 shares of company stock worth $6,197,710 over the last 90 days. 6.80% of the stock is currently owned by insiders.

Expedia Group Price Performance

Shares of NASDAQ EXPE opened at $190.72 on Friday. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 2.03. Expedia Group, Inc. has a twelve month low of $107.25 and a twelve month high of $192.28. The stock has a 50 day moving average of $167.04 and a two-hundred day moving average of $141.51. The stock has a market cap of $24.48 billion, a P/E ratio of 24.55, a P/E/G ratio of 0.72 and a beta of 1.84.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on EXPE. Benchmark boosted their price objective on Expedia Group from $180.00 to $200.00 and gave the stock a “buy” rating in a research report on Friday, November 8th. Piper Sandler reissued a “neutral” rating and set a $140.00 price objective (down from $145.00) on shares of Expedia Group in a research report on Friday, August 9th. Oppenheimer boosted their price objective on Expedia Group from $155.00 to $210.00 and gave the stock an “outperform” rating in a research report on Friday, November 8th. Citigroup boosted their price objective on Expedia Group from $140.00 to $145.00 and gave the stock a “neutral” rating in a research report on Friday, August 9th. Finally, UBS Group boosted their price objective on Expedia Group from $137.00 to $156.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 23rd. Twenty investment analysts have rated the stock with a hold rating, eight have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $167.67.

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.