Winthrop Advisory Group LLC acquired a new stake in shares of Expedia Group, Inc. (NASDAQ:EXPE – Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 1,127 shares of the online travel company’s stock, valued at approximately $210,000.
Other hedge funds have also recently made changes to their positions in the company. Windacre Partnership LLC boosted its holdings in Expedia Group by 49.5% during the third quarter. Windacre Partnership LLC now owns 4,323,700 shares of the online travel company’s stock worth $639,994,000 after purchasing an additional 1,431,500 shares during the last quarter. Pacer Advisors Inc. boosted its holdings in Expedia Group by 36.8% during the second quarter. Pacer Advisors Inc. now owns 2,654,200 shares of the online travel company’s stock worth $334,403,000 after purchasing an additional 714,229 shares during the last quarter. Alkeon Capital Management LLC boosted its holdings in Expedia Group by 46.3% during the third quarter. Alkeon Capital Management LLC now owns 1,576,472 shares of the online travel company’s stock worth $233,349,000 after purchasing an additional 498,934 shares during the last quarter. Point72 Asset Management L.P. boosted its holdings in Expedia Group by 1,649.4% during the second quarter. Point72 Asset Management L.P. now owns 407,605 shares of the online travel company’s stock worth $51,354,000 after purchasing an additional 384,305 shares during the last quarter. Finally, Marshall Wace LLP purchased a new position in Expedia Group during the second quarter worth about $39,183,000. 90.76% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity
In other news, 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 sale, the insider now owns 85,250 shares of the company’s stock, valued at approximately $15,345,000. This represents a 2.24 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Lance A. Soliday sold 7,000 shares of the company’s stock in a transaction on 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 sale, the chief accounting officer now owns 11,187 shares of the company’s stock, valued at $2,035,922.13. This represents a 38.49 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 28,951 shares of company stock valued at $5,045,310. Corporate insiders own 6.80% of the company’s stock.
Expedia Group Trading Down 0.6 %
Wall Street Analyst Weigh In
EXPE has been the topic of several analyst reports. Baird R W upgraded shares of Expedia Group to a “strong-buy” rating in a report on Wednesday, November 27th. Barclays lifted their price objective on shares of Expedia Group from $153.00 to $166.00 and gave the stock an “equal weight” rating in a research report on Monday. Argus lifted their price objective on shares of Expedia Group from $210.00 to $220.00 and gave the stock a “buy” rating in a research report on Friday. 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. Finally, Wells Fargo & Company lifted their price objective on shares of Expedia Group from $130.00 to $159.00 and gave the stock an “equal weight” rating in a research report on Tuesday, October 8th. Twenty investment analysts have rated the stock with a hold rating, ten have given a buy rating and three have assigned a strong buy rating to the company’s stock. According to MarketBeat, Expedia Group presently has an average rating of “Hold” and an average target price of $175.46.
View Our Latest Stock Report on EXPE
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.
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