Expedia Group, Inc. (NASDAQ:EXPE) Shares Sold by Anchor Investment Management LLC

Anchor Investment Management LLC decreased its stake in Expedia Group, Inc. (NASDAQ:EXPE) by 8.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,280 shares of the online travel company’s stock after selling 115 shares during the period. Anchor Investment Management LLC’s holdings in Expedia Group were worth $189,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in EXPE. Hantz Financial Services Inc. grew 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 valued at $441,000 after purchasing an additional 62 shares during the last quarter. Empirical Finance LLC boosted its position in shares of Expedia Group by 1.3% in the 3rd quarter. Empirical Finance LLC now owns 4,754 shares of the online travel company’s stock worth $704,000 after buying an additional 63 shares in the last quarter. Venture Visionary Partners LLC grew its stake in Expedia Group by 0.6% in the 3rd quarter. Venture Visionary Partners LLC now owns 11,367 shares of the online travel company’s stock valued at $1,683,000 after acquiring an additional 64 shares during the last quarter. GHE LLC increased its holdings in 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 acquiring an additional 69 shares in the last quarter. Finally, AdvisorShares Investments LLC raised its position in Expedia Group by 7.1% during the second quarter. AdvisorShares Investments LLC now owns 1,517 shares of the online travel company’s stock worth $186,000 after acquiring an additional 100 shares during the last quarter. Hedge funds and other institutional investors own 90.76% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. Truist Financial assumed coverage on shares of Expedia Group in a research report on Friday, September 6th. They issued a “hold” rating and a $148.00 price target on the stock. Deutsche Bank Aktiengesellschaft cut Expedia Group from a “buy” rating to a “hold” rating in a report on Friday, November 8th. Baird R W raised Expedia Group to a “strong-buy” rating in a research report on Wednesday, November 27th. Wells Fargo & Company upped 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. Finally, Oppenheimer lifted their price objective on Expedia Group from $155.00 to $210.00 and gave the stock an “outperform” rating in a research report on Friday, November 8th. Twenty equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $167.67.

Expedia Group Stock Performance

Shares of NASDAQ:EXPE opened at $183.00 on Friday. The business has a 50-day moving average of $171.80 and a two-hundred day moving average of $144.68. The firm has a market capitalization of $23.49 billion, a PE ratio of 23.55, a P/E/G ratio of 1.07 and a beta of 1.84. The company has a debt-to-equity ratio of 2.03, a current ratio of 0.73 and a quick ratio of 0.73. Expedia Group, Inc. has a 12 month low of $107.25 and a 12 month high of $192.34.

Insider Transactions at Expedia Group

In other Expedia Group news, insider Robert J. Dzielak sold 1,951 shares of the business’s stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $180.00, for a total transaction of $351,180.00. Following the transaction, the insider now owns 85,250 shares in the company, valued at $15,345,000. The trade was a 2.24 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Dara Khosrowshahi sold 10,000 shares of the company’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 $31,319,536.05. The trade was a 4.58 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 38,951 shares of company stock worth $6,197,710. 6.80% of the stock is currently 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.