Sanctuary Advisors LLC Has $1.35 Million Stock Position in Expedia Group, Inc. (NASDAQ:EXPE)

Sanctuary Advisors LLC lifted its holdings in Expedia Group, Inc. (NASDAQ:EXPE) by 6.8% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 9,124 shares of the online travel company’s stock after acquiring an additional 584 shares during the period. Sanctuary Advisors LLC’s holdings in Expedia Group were worth $1,351,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the business. Hantz Financial Services Inc. grew its position in shares of Expedia Group by 2.1% during the 3rd quarter. Hantz Financial Services Inc. now owns 2,980 shares of the online travel company’s stock worth $441,000 after purchasing an additional 62 shares in the last quarter. Empirical Finance LLC grew its position in Expedia Group by 1.3% during the third quarter. Empirical Finance LLC now owns 4,754 shares of the online travel company’s stock worth $704,000 after buying an additional 63 shares in the last quarter. Venture Visionary Partners LLC grew its position in Expedia Group by 0.6% during the third quarter. Venture Visionary Partners LLC now owns 11,367 shares of the online travel company’s stock worth $1,683,000 after buying an additional 64 shares in the last quarter. GHE LLC increased its stake in Expedia Group by 1.0% during the 3rd quarter. GHE LLC now owns 6,689 shares of the online travel company’s stock worth $980,000 after acquiring an additional 69 shares during the period. Finally, AdvisorShares Investments LLC grew its holdings in shares of Expedia Group by 7.1% during the 2nd quarter. AdvisorShares Investments LLC now owns 1,517 shares of the online travel company’s stock worth $186,000 after purchasing an additional 100 shares in the last quarter. 90.76% of the stock is owned by institutional investors.

Expedia Group Stock Up 3.0 %

Shares of NASDAQ EXPE opened at $184.75 on Friday. The firm has a market cap of $23.71 billion, a PE ratio of 23.78, a P/E/G ratio of 1.07 and a beta of 1.84. The company’s fifty day simple moving average is $174.73 and its 200 day simple moving average is $147.09. The company has a quick ratio of 0.73, a current 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 $192.34.

Insider Activity at Expedia Group

In related news, Director Dara Khosrowshahi sold 10,000 shares of the company’s stock in a transaction dated Friday, September 27th. The shares were sold at an average price of $150.21, for a total value of $1,502,100.00. Following the sale, the director now owns 208,505 shares in the company, valued at $31,319,536.05. This represents a 4.58 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CAO Lance A. Soliday sold 7,000 shares of Expedia Group stock in a transaction dated 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 transaction, the chief accounting officer now owns 11,187 shares of the company’s stock, valued at $2,035,922.13. This trade represents a 38.49 % decrease in their position. 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 three months. Corporate insiders own 6.80% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the stock. Oppenheimer upped their price objective on shares of Expedia Group from $155.00 to $210.00 and gave the stock an “outperform” rating in a research report on Friday, November 8th. Wedbush increased their target price on shares of Expedia Group from $130.00 to $180.00 and gave the stock a “neutral” rating in a report on Friday, November 8th. Robert W. Baird assumed coverage on shares of Expedia Group in a report on Wednesday, November 27th. They set an “outperform” rating and a $225.00 price target on the stock. Truist Financial started coverage on shares of Expedia Group in a research note on Friday, September 6th. They issued a “hold” rating and a $148.00 price objective for the company. Finally, Deutsche Bank Aktiengesellschaft downgraded shares of Expedia Group from a “buy” rating to a “hold” rating in a report on Friday, November 8th. Twenty research analysts have rated the stock with a hold rating, nine have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $169.70.

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.