Expedia Group, Inc. (NASDAQ:EXPE) Shares Sold by Pine Valley Investments Ltd Liability Co

Pine Valley Investments Ltd Liability Co lowered its position in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 1.6% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,638 shares of the online travel company’s stock after selling 59 shares during the period. Pine Valley Investments Ltd Liability Co’s holdings in Expedia Group were worth $538,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Innealta Capital LLC purchased a new position in Expedia Group during the 2nd quarter worth $27,000. Blue Trust Inc. grew its holdings in shares of Expedia Group by 93.8% during the second 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. Venturi Wealth Management LLC increased 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 during the period. Brooklyn Investment Group purchased a new stake in Expedia Group during the 3rd quarter valued at approximately $51,000. Finally, Strategic Financial Concepts LLC acquired a new stake in Expedia Group during the 2nd quarter worth approximately $65,000. 90.76% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Expedia Group news, Director Dara Khosrowshahi sold 10,000 shares of the stock in a transaction on Friday, October 4th. The stock was sold at an average price of $150.18, for a total transaction of $1,501,800.00. Following the transaction, the director now owns 198,505 shares of the company’s stock, valued at $29,811,480.90. This represents a 4.80 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, insider Robert J. Dzielak sold 1,951 shares of the company’s stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $180.00, for a total value of $351,180.00. Following the completion of the transaction, the insider now owns 85,250 shares of the company’s stock, valued at $15,345,000. The trade was a 2.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 38,951 shares of company stock valued at $6,197,710 in the last ninety days. Insiders own 6.80% of the company’s stock.

Expedia Group Stock Down 0.8 %

EXPE opened at $183.00 on Friday. The firm has a market cap of $23.49 billion, a P/E ratio of 23.55, a PEG ratio of 1.07 and a beta of 1.84. The business’s fifty day simple moving average is $171.80 and its 200 day simple moving average is $144.68. Expedia Group, Inc. has a 52 week low of $107.25 and a 52 week high of $192.34. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 2.03.

Analyst Ratings Changes

Several equities research analysts have recently commented on the company. Barclays upped their price target on Expedia Group from $134.00 to $153.00 and gave the stock an “equal weight” rating in a research note on Friday, November 8th. TD Cowen downgraded shares of Expedia Group from a “buy” rating to a “hold” rating and upped their price objective for the stock from $130.00 to $150.00 in a research report on Wednesday, September 25th. UBS Group lifted their target price on shares of Expedia Group from $137.00 to $156.00 and gave the company a “neutral” rating in a report on Wednesday, October 23rd. Morgan Stanley increased their price target on shares of Expedia Group from $150.00 to $180.00 and gave the stock an “equal weight” rating in a report on Friday, November 22nd. Finally, Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $130.00 price objective on shares of Expedia Group in a report on Monday, October 7th. Twenty analysts have rated the stock with a hold rating, eight have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, Expedia Group currently 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.