Oddo BHF Asset Management Sas Takes Position in Expedia Group, Inc. (NASDAQ:EXPE)

Oddo BHF Asset Management Sas bought a new stake in Expedia Group, Inc. (NASDAQ:EXPE) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 13,038 shares of the online travel company’s stock, valued at approximately $1,930,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in EXPE. Innealta Capital LLC acquired a new stake in shares of Expedia Group in the second quarter valued at about $27,000. Blue Trust Inc. increased 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 purchasing an additional 105 shares during the last quarter. Venturi Wealth Management LLC raised its stake in shares of 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 in the last quarter. Brooklyn Investment Group acquired a new stake in shares of Expedia Group in the 3rd quarter valued at approximately $51,000. Finally, Strategic Financial Concepts LLC acquired a new position in Expedia Group during the second quarter worth $65,000. 90.76% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

EXPE has been the topic of several recent analyst reports. Truist Financial assumed coverage on shares of Expedia Group in a research note on Friday, September 6th. They set a “hold” rating and a $148.00 price objective on the stock. StockNews.com raised Expedia Group from a “buy” rating to a “strong-buy” rating in a report on Saturday. Benchmark lifted their price objective on shares of Expedia Group from $180.00 to $200.00 and gave the stock a “buy” rating in a research report on Friday, November 8th. Cantor Fitzgerald restated a “neutral” rating and set a $130.00 target price on shares of Expedia Group in a research note on Monday, October 7th. Finally, Oppenheimer increased their price target on shares of Expedia Group from $155.00 to $210.00 and gave the company an “outperform” rating in a report on Friday, November 8th. Twenty research 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 stock. Based on data from MarketBeat, Expedia Group currently has an average rating of “Hold” and an average target price of $167.67.

Expedia Group Stock Performance

Shares of Expedia Group stock opened at $183.00 on Friday. The company’s 50 day moving average price is $171.80 and its two-hundred day moving average price is $144.68. The firm has a market capitalization of $23.49 billion, a P/E ratio of 23.55, a P/E/G ratio of 1.07 and a beta of 1.84. Expedia Group, Inc. has a fifty-two week low of $107.25 and a fifty-two week high of $192.34. The company has a debt-to-equity ratio of 2.03, a current ratio of 0.73 and a quick ratio of 0.73.

Insider Activity

In other Expedia Group news, insider Robert J. Dzielak sold 1,951 shares of the company’s stock in a transaction that occurred 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 directly owns 85,250 shares in the company, valued at approximately $15,345,000. This represents a 2.24 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Dara Khosrowshahi sold 10,000 shares of Expedia Group stock in a transaction on Friday, September 27th. The stock was sold at an average price of $150.21, for a total transaction of $1,502,100.00. Following the transaction, the director now owns 208,505 shares in the company, valued at approximately $31,319,536.05. This trade represents a 4.58 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 38,951 shares of company stock worth $6,197,710. 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.