Impact Partnership Wealth LLC lifted its position in Expedia Group, Inc. (NASDAQ:EXPE – Free Report) by 9.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,352 shares of the online travel company’s stock after acquiring an additional 197 shares during the quarter. Impact Partnership Wealth LLC’s holdings in Expedia Group were worth $438,000 as of its most recent SEC filing.
Other institutional investors have also made changes to their positions in the company. RFG Advisory LLC bought a new stake in Expedia Group during the fourth quarter valued at $251,000. Brighton Jones LLC acquired a new position in shares of Expedia Group in the 4th quarter valued at about $408,000. Donoghue Forlines LLC grew its position in shares of Expedia Group by 368.1% during the 4th quarter. Donoghue Forlines LLC now owns 11,226 shares of the online travel company’s stock valued at $2,092,000 after buying an additional 8,828 shares during the last quarter. Teamwork Financial Advisors LLC acquired a new stake in Expedia Group during the fourth quarter worth about $1,791,000. Finally, Janney Montgomery Scott LLC lifted its holdings in Expedia Group by 6.5% in the fourth quarter. Janney Montgomery Scott LLC now owns 37,485 shares of the online travel company’s stock worth $6,985,000 after acquiring an additional 2,272 shares during the last quarter. 90.76% of the stock is currently owned by institutional investors.
Expedia Group Stock Performance
Expedia Group stock opened at $171.23 on Friday. 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 $21.98 billion, a P/E ratio of 22.04, a price-to-earnings-growth ratio of 0.78 and a beta of 1.83. Expedia Group, Inc. has a fifty-two week low of $107.25 and a fifty-two week high of $192.34. The firm’s 50 day simple moving average is $184.46 and its 200-day simple moving average is $157.24.
Insider Activity at Expedia Group
In other news, CAO Lance A. Soliday sold 7,000 shares of the business’s stock in a transaction on Thursday, November 14th. The shares were 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 transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Dara Khosrowshahi sold 10,000 shares of the stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $185.15, for a total value of $1,851,500.00. Following the sale, the director now owns 168,505 shares of the company’s stock, valued at approximately $31,198,700.75. This represents a 5.60 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 28,951 shares of company stock valued at $5,045,310. Company insiders own 6.80% of the company’s stock.
Analysts Set New Price Targets
A number of analysts have recently weighed in on the company. The Goldman Sachs Group increased their price target on Expedia Group from $208.00 to $236.00 and gave the stock a “buy” rating in a research report on Friday, January 10th. Deutsche Bank Aktiengesellschaft cut Expedia Group from a “buy” rating to a “hold” rating in a research note on Friday, November 8th. Robert W. Baird assumed coverage on shares of Expedia Group in a research report on Wednesday, November 27th. They set an “outperform” rating and a $225.00 price target for the company. Barclays lifted their price objective on shares of Expedia Group from $153.00 to $166.00 and gave the company an “equal weight” rating in a research report on Monday, January 13th. Finally, DA Davidson upped their target price on shares of Expedia Group from $135.00 to $190.00 and gave the stock a “neutral” rating in a research report on Monday, November 18th. Twenty equities research analysts have rated the stock with a hold rating, ten have given a buy rating and three have given a strong buy rating to the company’s stock. According to MarketBeat, Expedia Group presently has a consensus rating of “Hold” and an average price target of $175.96.
Get Our Latest Stock Report on EXPE
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.
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