Friedenthal Financial Invests $800,000 in Expedia Group, Inc. (NASDAQ:EXPE)

Friedenthal Financial bought a new stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 4,293 shares of the online travel company’s stock, valued at approximately $800,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of EXPE. Windacre Partnership LLC increased its holdings in shares of Expedia Group by 49.5% in the third quarter. Windacre Partnership LLC now owns 4,323,700 shares of the online travel company’s stock worth $639,994,000 after purchasing an additional 1,431,500 shares during the last quarter. Pacer Advisors Inc. grew its holdings in Expedia Group by 22.5% during the 3rd quarter. Pacer Advisors Inc. now owns 3,250,710 shares of the online travel company’s stock valued at $481,170,000 after buying an additional 596,510 shares in the last quarter. Geode Capital Management LLC increased its stake in Expedia Group by 0.6% in the 3rd quarter. Geode Capital Management LLC now owns 3,197,927 shares of the online travel company’s stock worth $472,212,000 after acquiring an additional 20,005 shares during the last quarter. Fisher Asset Management LLC raised its holdings in shares of Expedia Group by 9.4% during the 3rd quarter. Fisher Asset Management LLC now owns 1,689,485 shares of the online travel company’s stock worth $250,078,000 after acquiring an additional 144,579 shares in the last quarter. Finally, Alkeon Capital Management LLC boosted its position in shares of Expedia Group by 46.3% during the 3rd quarter. Alkeon Capital Management LLC now owns 1,576,472 shares of the online travel company’s stock valued at $233,349,000 after acquiring an additional 498,934 shares during the last quarter. 90.76% of the stock is currently owned by institutional investors.

Expedia Group Stock Up 0.6 %

Shares of EXPE traded up $1.10 during mid-day trading on Monday, hitting $181.30. 1,081,972 shares of the company traded hands, compared to its average volume of 1,062,843. The company has a market capitalization of $23.27 billion, a PE ratio of 23.33, a price-to-earnings-growth ratio of 1.03 and a beta of 1.83. 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 business has a 50 day moving average of $183.17 and a 200 day moving average of $153.98. Expedia Group, Inc. has a 1-year low of $107.25 and a 1-year high of $192.34.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on EXPE shares. UBS Group upped their price target on shares of Expedia Group from $137.00 to $156.00 and gave the company a “neutral” rating in a research note on Wednesday, October 23rd. BTIG Research increased their price target on shares of Expedia Group from $175.00 to $200.00 and gave the company a “buy” rating in a report on Friday, November 8th. Melius Research raised Expedia Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 6th. Benchmark raised their price objective on Expedia Group from $180.00 to $200.00 and gave the company a “buy” rating in a research note on Friday, November 8th. Finally, Deutsche Bank Aktiengesellschaft downgraded Expedia Group from a “buy” rating to a “hold” rating in a research report on Friday, November 8th. Twenty analysts have rated the stock with a hold rating, ten have given a buy rating and three have given a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $175.64.

Insider Buying and Selling at Expedia Group

In other news, Director Dara Khosrowshahi sold 10,000 shares of the firm’s stock in a transaction dated 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 directly owns 188,505 shares in the company, valued at $29,570,779.35. This trade represents a 5.04 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Robert J. Dzielak sold 1,951 shares of Expedia Group stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $180.00, for a total value of $351,180.00. Following 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. In the last quarter, insiders have sold 28,951 shares of company stock worth $5,045,310. 6.80% of the stock is owned by corporate insiders.

Expedia Group Company 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.