Orion Capital Management LLC Has $362,000 Stake in Expedia Group, Inc. (NASDAQ:EXPE)

Orion Capital Management LLC lifted its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 4.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,445 shares of the online travel company’s stock after buying an additional 100 shares during the quarter. Orion Capital Management LLC’s holdings in Expedia Group were worth $362,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. Innealta Capital LLC bought a new position in Expedia Group during the 2nd quarter worth approximately $27,000. Blue Trust Inc. boosted its stake in Expedia Group by 93.8% during the 2nd quarter. Blue Trust Inc. now owns 217 shares of the online travel company’s stock worth $30,000 after acquiring an additional 105 shares during the last quarter. Venturi Wealth Management LLC boosted its stake in Expedia Group by 709.8% during the 3rd quarter. Venturi Wealth Management LLC now owns 332 shares of the online travel company’s stock worth $49,000 after acquiring an additional 291 shares during the last quarter. Brooklyn Investment Group bought a new position in Expedia Group during the 3rd quarter worth approximately $51,000. Finally, Future Financial Wealth Managment LLC bought a new position in Expedia Group during the 3rd quarter worth approximately $74,000. Institutional investors and hedge funds own 90.76% of the company’s stock.

Insider Buying and Selling

In other news, Director Dara Khosrowshahi sold 10,000 shares of the stock in a transaction dated 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 completion of the transaction, the director now owns 198,505 shares of the company’s stock, valued at approximately $29,811,480.90. This represents a 4.80 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Lance A. Soliday sold 7,000 shares of the stock in a transaction dated 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 completion of the transaction, the chief accounting officer now directly owns 11,187 shares of the company’s stock, valued at $2,035,922.13. This trade represents a 38.49 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 38,951 shares of company stock valued at $6,197,710 over the last quarter. 6.80% of the stock is owned by company insiders.

Expedia Group Price Performance

NASDAQ:EXPE opened at $189.52 on Tuesday. Expedia Group, Inc. has a one year low of $107.25 and a one year high of $192.34. The firm’s fifty day moving average price is $168.71 and its two-hundred day moving average price is $143.02. 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 company has a market cap of $24.32 billion, a P/E ratio of 24.39, a P/E/G ratio of 0.75 and a beta of 1.84.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on EXPE. Morgan Stanley lifted their price target on shares of Expedia Group from $150.00 to $180.00 and gave the company an “equal weight” rating in a research note on Friday, November 22nd. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $130.00 price target on shares of Expedia Group in a research note on Monday, October 7th. BTIG Research lifted their price target on shares of Expedia Group from $175.00 to $200.00 and gave the company a “buy” rating in a research note on Friday, November 8th. TD Cowen lowered 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 research note on Wednesday, September 25th. Finally, Wells Fargo & Company lifted their price target on shares of Expedia Group from $130.00 to $159.00 and gave the company an “equal weight” rating in a research note on Tuesday, October 8th. Twenty equities research 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 data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target 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.