Impax Asset Management Group plc Reduces Stake in Expedia Group, Inc. (NASDAQ:EXPE)

Impax Asset Management Group plc cut its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 3.5% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 19,912 shares of the online travel company’s stock after selling 731 shares during the period. Impax Asset Management Group plc’s holdings in Expedia Group were worth $2,947,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Innealta Capital LLC purchased a new stake in shares of Expedia Group in the 2nd quarter worth about $27,000. Blue Trust Inc. grew its holdings in Expedia Group by 93.8% in the second quarter. Blue Trust Inc. now owns 217 shares of the online travel company’s stock worth $30,000 after purchasing an additional 105 shares during the period. Crewe Advisors LLC bought a new position in shares of Expedia Group during the first quarter valued at approximately $40,000. LRI Investments LLC bought a new position in shares of Expedia Group during the first quarter valued at approximately $48,000. Finally, Cedar Wealth Management LLC bought a new stake in shares of Expedia Group in the 1st quarter worth approximately $49,000. Institutional investors own 90.76% of the company’s stock.

Insider Transactions at Expedia Group

In other Expedia Group news, insider Robert J. Dzielak sold 5,417 shares of Expedia Group stock in a transaction on Monday, August 19th. The shares were sold at an average price of $134.60, for a total value of $729,128.20. Following the transaction, the insider now directly owns 84,543 shares of the company’s stock, valued at approximately $11,379,487.80. The trade was a 6.02 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Dara Khosrowshahi sold 10,000 shares of the firm’s stock in a transaction dated Friday, September 27th. The stock was sold at an average price of $150.21, for a total value of $1,502,100.00. Following the completion of the sale, the director now directly owns 208,505 shares of the company’s stock, valued at approximately $31,319,536.05. This represents a 4.58 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 35,417 shares of company stock valued at $5,301,728. Company insiders own 6.80% of the company’s stock.

Expedia Group Stock Down 0.5 %

NASDAQ:EXPE opened at $181.35 on Friday. The company has a debt-to-equity ratio of 2.03, a current ratio of 0.73 and a quick ratio of 0.76. Expedia Group, Inc. has a 1-year low of $107.25 and a 1-year high of $190.40. The company has a 50-day moving average of $154.45 and a 200 day moving average of $135.07. The firm has a market cap of $23.61 billion, a PE ratio of 23.34, a price-to-earnings-growth ratio of 0.71 and a beta of 1.78.

Analyst Ratings Changes

A number of research analysts recently weighed in on the company. Wells Fargo & Company raised their price objective on Expedia Group from $130.00 to $159.00 and gave the company an “equal weight” rating in a research report on Tuesday, October 8th. BTIG Research lifted their price target on Expedia Group from $175.00 to $200.00 and gave the stock a “buy” rating in a research report on Friday, November 8th. DA Davidson reissued a “neutral” rating and set a $135.00 price objective on shares of Expedia Group in a research report on Friday, August 9th. Barclays lifted their target price on shares of Expedia Group from $134.00 to $153.00 and gave the stock an “equal weight” rating in a report on Friday, November 8th. Finally, Wedbush raised their price target on shares of Expedia Group from $130.00 to $180.00 and gave the company a “neutral” rating in a research report on Friday, November 8th. Nineteen research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $162.68.

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.