Expedia Group, Inc. (NASDAQ:EXPE) Shares Sold by D.A. Davidson & CO.

D.A. Davidson & CO. cut its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPEFree Report) by 4.1% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 11,516 shares of the online travel company’s stock after selling 491 shares during the period. D.A. Davidson & CO.’s holdings in Expedia Group were worth $1,187,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Raymond James Trust N.A. increased its holdings in Expedia Group by 17.6% in the first quarter. Raymond James Trust N.A. now owns 1,364 shares of the online travel company’s stock valued at $267,000 after buying an additional 204 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in Expedia Group by 6.2% in the first quarter. Dimensional Fund Advisors LP now owns 301,932 shares of the online travel company’s stock valued at $59,077,000 after buying an additional 17,680 shares in the last quarter. Blair William & Co. IL increased its holdings in Expedia Group by 16.1% in the first quarter. Blair William & Co. IL now owns 6,052 shares of the online travel company’s stock valued at $1,184,000 after buying an additional 838 shares in the last quarter. Prudential PLC purchased a new position in Expedia Group in the first quarter valued at $397,000. Finally, Cetera Investment Advisers increased its holdings in Expedia Group by 50.9% in the first quarter. Cetera Investment Advisers now owns 3,751 shares of the online travel company’s stock valued at $734,000 after buying an additional 1,265 shares in the last quarter. 91.15% of the stock is currently owned by institutional investors and hedge funds.

Expedia Group Stock Down 17.8 %

Shares of NASDAQ EXPE opened at $131.11 on Monday. Expedia Group, Inc. has a 12-month low of $87.94 and a 12-month high of $160.05. The stock has a market cap of $18.20 billion, a PE ratio of 24.37, a P/E/G ratio of 0.39 and a beta of 1.90. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 2.14. The company has a 50-day moving average of $148.98 and a 200 day moving average of $123.76.

Expedia Group declared that its board has authorized a stock repurchase plan on Thursday, November 2nd that permits the company to repurchase $5.00 billion in outstanding shares. This repurchase authorization permits the online travel company to purchase up to 30.9% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s board of directors believes its stock is undervalued.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the stock. Oppenheimer reaffirmed an “outperform” rating and issued a $175.00 price objective on shares of Expedia Group in a report on Monday, February 5th. Evercore ISI raised shares of Expedia Group from an “in-line” rating to an “outperform” rating and lifted their price objective for the company from $135.00 to $200.00 in a report on Friday, November 17th. Wells Fargo & Company cut their price objective on shares of Expedia Group from $159.00 to $155.00 and set an “equal weight” rating for the company in a report on Friday. Wedbush reissued a “neutral” rating and set a $130.00 target price on shares of Expedia Group in a research note on Friday. Finally, Piper Sandler boosted their target price on shares of Expedia Group from $119.00 to $135.00 and gave the stock an “overweight” rating in a research note on Friday, November 3rd. Fourteen investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $149.29.

Read Our Latest Analysis on Expedia Group

Insider Buying and Selling at Expedia Group

In other Expedia Group news, Director Dara Khosrowshahi sold 10,000 shares of the business’s stock in a transaction dated Tuesday, January 2nd. The shares were sold at an average price of $150.88, for a total value of $1,508,800.00. Following the transaction, the director now directly owns 226,521 shares in the company, valued at approximately $34,177,488.48. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other Expedia Group news, CAO Lance A. Soliday sold 477 shares of the business’s stock in a transaction dated Friday, November 17th. The shares were sold at an average price of $136.53, for a total value of $65,124.81. Following the transaction, the chief accounting officer now directly owns 9,931 shares in the company, valued at approximately $1,355,879.43. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Dara Khosrowshahi sold 10,000 shares of the business’s stock in a transaction dated Tuesday, January 2nd. The shares were sold at an average price of $150.88, for a total transaction of $1,508,800.00. Following the completion of the transaction, the director now owns 226,521 shares in the company, valued at $34,177,488.48. The disclosure for this sale can be found here. Insiders have sold 100,477 shares of company stock worth $13,989,925 in the last ninety days. 8.07% of the stock is owned by insiders.

Expedia Group Profile

(Free Report)

Expedia Group, Inc operates as an online travel company in the United States and internationally. The company operates through Retail, B2B, and trivago segments. Its brand portfolio includes Brand Expedia, a full-service online travel brand with localized websites; Hotels.com for marketing and distributing lodging accommodations; Vrbo, an online marketplace for the alternative accommodations; Orbitz; Travelocity; Wotif Group; CheapTickets; ebookers; Expedia; Hotwire; CarRentals.com; Classic Vacations; and Expedia Cruise.

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Institutional Ownership by Quarter for Expedia Group (NASDAQ:EXPE)

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