Kera Capital Partners Inc. Invests $266,000 in Expedia Group, Inc. (NASDAQ:EXPE)

Kera Capital Partners Inc. acquired a new stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 1,430 shares of the online travel company’s stock, valued at approximately $266,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Venturi Wealth Management LLC grew its holdings in shares of Expedia Group by 709.8% during the third quarter. Venturi Wealth Management LLC now owns 332 shares of the online travel company’s stock valued at $49,000 after purchasing an additional 291 shares during the last quarter. Brooklyn Investment Group acquired a new position in Expedia Group during the 3rd quarter valued at approximately $51,000. Future Financial Wealth Managment LLC bought a new position in Expedia Group during the 3rd quarter worth $74,000. Versant Capital Management Inc increased its position in Expedia Group by 299.3% in the fourth quarter. Versant Capital Management Inc now owns 559 shares of the online travel company’s stock worth $104,000 after buying an additional 419 shares during the period. Finally, Ashton Thomas Securities LLC bought a new stake in Expedia Group in the third quarter valued at $118,000. Institutional investors and hedge funds own 90.76% of the company’s stock.

Insider Activity

In other news, insider Robert J. Dzielak sold 1,951 shares of the business’s stock in a transaction on Thursday, November 21st. The shares were 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 in the company, valued at $15,345,000. The trade was a 2.24 % 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 company’s stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $185.15, for a total transaction of $1,851,500.00. Following the completion of the transaction, the director now directly owns 168,505 shares in the company, valued at $31,198,700.75. This trade represents a 5.60 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 28,951 shares of company stock worth $5,045,310 over the last quarter. Corporate insiders own 6.80% of the company’s stock.

Analyst Upgrades and Downgrades

EXPE has been the subject of several recent research reports. Susquehanna upped their price target on shares of Expedia Group from $145.00 to $190.00 and gave the stock a “neutral” rating in a research report on Monday, November 11th. Wells Fargo & Company reduced their price objective on Expedia Group from $172.00 to $168.00 and set an “equal weight” rating for the company in a research report on Thursday. JPMorgan Chase & Co. raised their target price on Expedia Group from $135.00 to $170.00 and gave the company a “neutral” rating in a research report on Friday, November 8th. JMP Securities reiterated a “market perform” rating on shares of Expedia Group in a research report on Monday, December 16th. Finally, Melius upgraded shares of Expedia Group from a “hold” rating to a “buy” rating and set a $220.00 price objective on the stock in a research note on Monday, January 6th. Twenty investment analysts have rated the stock with a hold rating, ten have assigned a buy rating and three have given a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $175.96.

Expedia Group Stock Down 0.7 %

Shares of NASDAQ:EXPE opened at $187.28 on Friday. The firm has a 50 day simple moving average of $184.66 and a 200 day simple moving average of $155.92. Expedia Group, Inc. has a 52 week low of $107.25 and a 52 week high of $192.34. The company has a debt-to-equity ratio of 2.03, a quick ratio of 0.73 and a current ratio of 0.73. The company has a market cap of $24.04 billion, a PE ratio of 24.10, a price-to-earnings-growth ratio of 0.81 and a beta of 1.83.

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.