Expedia Group, Inc. (NASDAQ:EXPE) Shares Purchased by Okabena Investment Services Inc.

Okabena Investment Services Inc. grew its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 10.5% in the third quarter, Holdings Channel reports. The institutional investor owned 5,912 shares of the online travel company’s stock after purchasing an additional 561 shares during the period. Okabena Investment Services Inc.’s holdings in Expedia Group were worth $875,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of EXPE. Innealta Capital LLC acquired a new stake in shares of Expedia Group during the 2nd quarter worth about $27,000. Blue Trust Inc. lifted its position in shares of 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 buying an additional 105 shares during the last quarter. LRI Investments LLC purchased a new stake in shares of Expedia Group during the 1st quarter worth approximately $48,000. Venturi Wealth Management LLC boosted its holdings in shares of 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 buying an additional 291 shares in the last quarter. Finally, Strategic Financial Concepts LLC purchased a new position in shares of Expedia Group in the 2nd quarter valued at $65,000. 90.76% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts have recently commented on the company. Jefferies Financial Group lifted their target price on Expedia Group from $145.00 to $160.00 and gave the stock a “hold” rating in a research report on Tuesday, October 22nd. JPMorgan Chase & Co. lifted their target price on shares of Expedia Group from $135.00 to $170.00 and gave the company a “neutral” rating in a report on Friday, November 8th. Wells Fargo & Company increased their price target on shares of Expedia Group from $130.00 to $159.00 and gave the stock an “equal weight” rating in a research note on Tuesday, October 8th. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $130.00 target price on shares of Expedia Group in a report on Monday, October 7th. Finally, UBS Group raised their price target on Expedia Group from $137.00 to $156.00 and gave the stock a “neutral” rating in a report on Wednesday, October 23rd. Twenty equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat.com, Expedia Group presently has a consensus rating of “Hold” and an average price target of $165.46.

Expedia Group Price Performance

EXPE stock opened at $184.92 on Friday. The firm has a 50 day moving average of $159.31 and a 200-day moving average of $137.11. The company has a market cap of $23.73 billion, a price-to-earnings ratio of 23.80, a PEG ratio of 0.72 and a beta of 1.78. 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 12-month low of $107.25 and a 12-month high of $190.40.

Insider Activity at Expedia Group

In other news, CAO Lance A. Soliday sold 7,000 shares of the stock in a transaction that occurred on Thursday, November 14th. The shares were sold at an average price of $181.99, for a total value of $1,273,930.00. Following the sale, the chief accounting officer now directly owns 11,187 shares in the company, valued at $2,035,922.13. This represents a 38.49 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Robert J. Dzielak sold 1,951 shares of the firm’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 transaction, the insider now directly owns 85,250 shares of the company’s stock, valued at approximately $15,345,000. This trade represents a 2.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 38,951 shares of company stock valued at $6,197,710 in the last ninety days. Corporate insiders own 6.80% of the company’s stock.

About Expedia Group

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.