Expedia Group, Inc. (NASDAQ:EXPE) Shares Purchased by Acropolis Investment Management LLC

Acropolis Investment Management LLC increased its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 36.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,608 shares of the online travel company’s stock after buying an additional 959 shares during the period. Acropolis Investment Management LLC’s holdings in Expedia Group were worth $672,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Oppenheimer Asset Management Inc. boosted its stake in shares of Expedia Group by 32.6% during the 2nd quarter. Oppenheimer Asset Management Inc. now owns 17,281 shares of the online travel company’s stock worth $2,177,000 after acquiring an additional 4,244 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in Expedia Group by 8.4% during the second quarter. Envestnet Asset Management Inc. now owns 217,286 shares of the online travel company’s stock worth $27,376,000 after purchasing an additional 16,856 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in Expedia Group by 14.8% during the second quarter. Dimensional Fund Advisors LP now owns 1,054,485 shares of the online travel company’s stock worth $132,851,000 after purchasing an additional 135,973 shares in the last quarter. Stock Yards Bank & Trust Co. grew its holdings in Expedia Group by 1.4% in the second quarter. Stock Yards Bank & Trust Co. now owns 186,289 shares of the online travel company’s stock valued at $23,471,000 after purchasing an additional 2,521 shares during the last quarter. Finally, Foresight Global Investors Inc. purchased a new position in shares of Expedia Group in the second quarter valued at $1,231,000. 90.76% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts recently commented on EXPE shares. DA Davidson boosted their price objective on shares of Expedia Group from $135.00 to $190.00 and gave the stock a “neutral” rating in a research report on Monday, November 18th. Melius Research raised shares of Expedia Group from a “hold” rating to a “strong-buy” rating in a report on Monday, January 6th. Morgan Stanley increased their price target on shares of Expedia Group from $180.00 to $185.00 and gave the company an “equal weight” rating in a research report on Monday. Wells Fargo & Company lifted their price objective on Expedia Group from $130.00 to $159.00 and gave the stock an “equal weight” rating in a research report on Tuesday, October 8th. Finally, Cantor Fitzgerald reiterated a “neutral” rating and set a $130.00 target price on shares of Expedia Group in a report on Monday, October 7th. Twenty equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and three have assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $175.64.

Expedia Group Stock Performance

NASDAQ:EXPE opened at $183.19 on Wednesday. The firm’s fifty day simple moving average is $183.94 and its 200 day simple moving average is $154.78. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 2.03. Expedia Group, Inc. has a twelve month low of $107.25 and a twelve month high of $192.34. The firm has a market capitalization of $23.51 billion, a price-to-earnings ratio of 23.58, a PEG ratio of 1.03 and a beta of 1.83.

Insider Buying and Selling at Expedia Group

In other Expedia Group news, 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 value of $1,568,700.00. Following the completion of the transaction, the director now owns 188,505 shares in the company, valued at $29,570,779.35. This represents a 5.04 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Robert J. Dzielak sold 1,951 shares of the stock in a transaction that occurred 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 completion of the sale, the insider now directly owns 85,250 shares of the company’s stock, valued at $15,345,000. This trade represents a 2.24 % decrease in their position. 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 three months. 6.80% of the stock is owned by company insiders.

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.