Expedia Group, Inc. (NASDAQ:EXPE) Shares Bought by Acropolis Investment Management LLC

Acropolis Investment Management LLC lifted its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 36.2% during the fourth quarter, Holdings Channel reports. The fund owned 3,608 shares of the online travel company’s stock after purchasing an additional 959 shares during the quarter. Acropolis Investment Management LLC’s holdings in Expedia Group were worth $672,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. Venturi Wealth Management LLC increased its holdings 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 purchasing an additional 291 shares during the last quarter. Brooklyn Investment Group acquired a new stake in shares of Expedia Group during the third quarter worth approximately $51,000. Future Financial Wealth Managment LLC acquired a new stake in shares of Expedia Group during the third quarter worth approximately $74,000. Versant Capital Management Inc raised its holdings in Expedia Group by 299.3% in the fourth quarter. Versant Capital Management Inc now owns 559 shares of the online travel company’s stock valued at $104,000 after acquiring an additional 419 shares in the last quarter. Finally, Ashton Thomas Securities LLC bought a new position in Expedia Group during the 3rd quarter valued at $118,000. Institutional investors and hedge funds own 90.76% of the company’s stock.

Insider Activity

In other Expedia Group news, Director Dara Khosrowshahi sold 10,000 shares of the company’s stock in a transaction dated Friday, November 1st. The shares were sold at an average price of $156.87, for a total value of $1,568,700.00. Following the completion of the sale, the director now directly 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 can be accessed through this hyperlink. Also, insider Robert J. Dzielak sold 1,951 shares of Expedia Group 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 transaction, the insider now directly owns 85,250 shares in the company, valued at $15,345,000. This represents a 2.24 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 28,951 shares of company stock worth $5,045,310 over the last three months. Corporate insiders own 6.80% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on EXPE shares. Bank of America raised shares of Expedia Group from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $187.00 to $221.00 in a research report on Wednesday, December 18th. StockNews.com upgraded Expedia Group from a “buy” rating to a “strong-buy” rating in a research note on Saturday, December 14th. Oppenheimer increased their target price on Expedia Group from $155.00 to $210.00 and gave the stock an “outperform” rating in a report on Friday, November 8th. Deutsche Bank Aktiengesellschaft downgraded Expedia Group from a “buy” rating to a “hold” rating in a report on Friday, November 8th. Finally, Benchmark raised their price objective on Expedia Group from $180.00 to $200.00 and gave the stock a “buy” rating in a research note on Friday, November 8th. Twenty analysts have rated the stock with a hold rating, ten have given a buy rating and three have issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $175.64.

Expedia Group Stock Performance

Shares of EXPE opened at $183.19 on Wednesday. The firm has a market capitalization of $23.51 billion, a PE ratio of 23.58, a P/E/G ratio of 1.03 and a beta of 1.83. 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 firm has a 50-day moving average price of $183.94 and a 200 day moving average price of $154.78. Expedia Group, Inc. has a 52-week low of $107.25 and a 52-week high of $192.34.

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.