Signet Financial Management LLC Increases Position in Expedia Group, Inc. (NASDAQ:EXPE)

Signet Financial Management LLC lifted its position in Expedia Group, Inc. (NASDAQ:EXPE) by 0.3% during the 4th quarter, Holdings Channel.com reports. The fund owned 25,499 shares of the online travel company’s stock after acquiring an additional 74 shares during the period. Signet Financial Management LLC’s holdings in Expedia Group were worth $4,751,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Pallas Capital Advisors LLC increased its stake in shares of Expedia Group by 5.5% in the fourth quarter. Pallas Capital Advisors LLC now owns 4,134 shares of the online travel company’s stock worth $770,000 after acquiring an additional 216 shares during the period. Miracle Mile Advisors LLC purchased a new stake in Expedia Group in the fourth quarter valued at $457,000. Friedenthal Financial acquired a new stake in Expedia Group during the 4th quarter worth about $800,000. Fiduciary Alliance LLC purchased a new position in shares of Expedia Group during the 4th quarter valued at about $450,000. Finally, Winthrop Advisory Group LLC purchased a new position in shares of Expedia Group during the 4th quarter valued at about $210,000. Hedge funds and other institutional investors own 90.76% of the company’s stock.

Expedia Group Trading Up 0.6 %

Shares of EXPE traded up $1.10 during midday trading on Monday, reaching $181.30. The company had a trading volume of 1,097,893 shares, compared to its average volume of 1,120,856. Expedia Group, Inc. has a 1-year low of $107.25 and a 1-year 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. The firm has a 50 day simple moving average of $183.17 and a 200-day simple moving average of $153.98. The stock has a market cap of $23.27 billion, a PE ratio of 23.33, a price-to-earnings-growth ratio of 1.03 and a beta of 1.83.

Insiders Place Their Bets

In other Expedia Group news, 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 transaction of $1,273,930.00. Following the completion of the sale, the chief accounting officer now directly owns 11,187 shares in the company, valued at $2,035,922.13. This trade represents a 38.49 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Dara Khosrowshahi sold 10,000 shares of the company’s stock in a transaction that occurred on Friday, November 1st. The stock was sold at an average price of $156.87, for a total transaction of $1,568,700.00. Following the completion of the transaction, the director now owns 188,505 shares in the company, valued at approximately $29,570,779.35. This represents a 5.04 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 28,951 shares of company stock valued at $5,045,310 over the last ninety days. Company insiders own 6.80% of the company’s stock.

Wall Street Analysts Forecast Growth

EXPE has been the subject of a number of analyst reports. Jefferies Financial Group boosted their price target on Expedia Group from $145.00 to $160.00 and gave the company a “hold” rating in a report on Tuesday, October 22nd. Morgan Stanley boosted their target price on shares of Expedia Group from $180.00 to $185.00 and gave the company an “equal weight” rating in a research note on Monday. Deutsche Bank Aktiengesellschaft lowered shares of Expedia Group from a “buy” rating to a “hold” rating in a research report on Friday, November 8th. JPMorgan Chase & Co. upped their price objective on shares of Expedia Group from $135.00 to $170.00 and gave the stock a “neutral” rating in a research report on Friday, November 8th. Finally, Robert W. Baird initiated coverage on shares of Expedia Group in a research note on Wednesday, November 27th. They set an “outperform” rating and a $225.00 target price on the stock. Twenty research analysts have rated the stock with a hold rating, ten have assigned a buy rating and three have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $175.64.

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.