Quantinno Capital Management LP grew its position in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 97.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 32,210 shares of the online travel company's stock after purchasing an additional 15,921 shares during the period. Quantinno Capital Management LP's holdings in Expedia Group were worth $4,768,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently made changes to their positions in EXPE. Hantz Financial Services Inc. increased its holdings in Expedia Group by 2.1% in the third quarter. Hantz Financial Services Inc. now owns 2,980 shares of the online travel company's stock worth $441,000 after buying an additional 62 shares during the last quarter. Empirical Finance LLC grew its position in Expedia Group by 1.3% in the third quarter. Empirical Finance LLC now owns 4,754 shares of the online travel company's stock worth $704,000 after acquiring an additional 63 shares in the last quarter. Venture Visionary Partners LLC increased its stake in shares of Expedia Group by 0.6% during the 3rd quarter. Venture Visionary Partners LLC now owns 11,367 shares of the online travel company's stock worth $1,683,000 after purchasing an additional 64 shares during the last quarter. GHE LLC raised its holdings in shares of Expedia Group by 1.0% during the 3rd quarter. GHE LLC now owns 6,689 shares of the online travel company's stock valued at $980,000 after purchasing an additional 69 shares in the last quarter. Finally, AdvisorShares Investments LLC lifted its stake in shares of Expedia Group by 7.1% in the 2nd quarter. AdvisorShares Investments LLC now owns 1,517 shares of the online travel company's stock valued at $186,000 after purchasing an additional 100 shares during the last quarter. 90.76% of the stock is owned by hedge funds and other institutional investors.
In other Expedia Group news, insider Robert J. Dzielak sold 1,951 shares of Expedia Group stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $180.00, for a total transaction of $351,180.00. Following the completion of the transaction, the insider now directly owns 85,250 shares of the company's stock, valued at approximately $15,345,000. This trade represents a 2.24 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Dara Khosrowshahi sold 10,000 shares of the business's stock in a transaction on Friday, October 4th. The shares were sold at an average price of $150.18, for a total transaction of $1,501,800.00. Following the completion of the sale, the director now owns 198,505 shares in the company, valued at $29,811,480.90. This represents a 4.80 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 38,951 shares of company stock valued at $6,197,710. 6.80% of the stock is currently owned by corporate insiders.
Several equities analysts have weighed in on EXPE shares. StockNews.com upgraded Expedia Group from a "buy" rating to a "strong-buy" rating in a report on Thursday. UBS Group boosted their target price on Expedia Group from $137.00 to $156.00 and gave the stock a "neutral" rating in a report on Wednesday, October 23rd. Susquehanna increased their price target on Expedia Group from $145.00 to $190.00 and gave the company a "neutral" rating in a report on Monday, November 11th. Baird R W raised shares of Expedia Group to a "strong-buy" rating in a research report on Wednesday, November 27th. Finally, 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 report on Friday, November 8th. Twenty analysts have rated the stock with a hold rating, eight have given a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $167.67.
Read Our Latest Report on Expedia Group
NASDAQ EXPE opened at $190.72 on Friday. Expedia Group, Inc. has a twelve month low of $107.25 and a twelve month high of $192.28. 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 stock has a market cap of $24.48 billion, a P/E ratio of 24.55, a PEG ratio of 0.74 and a beta of 1.84. The company's 50-day simple moving average is $167.88 and its 200 day simple moving average is $142.25.
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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