Empirical Finance LLC Has $704,000 Stock Position in Expedia Group, Inc. (NASDAQ:EXPE)

Empirical Finance LLC boosted its position in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 1.3% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 4,754 shares of the online travel company’s stock after buying an additional 63 shares during the quarter. Empirical Finance LLC’s holdings in Expedia Group were worth $704,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in EXPE. Pacer Advisors Inc. grew its stake in shares of Expedia Group by 36.8% during the second quarter. Pacer Advisors Inc. now owns 2,654,200 shares of the online travel company’s stock worth $334,403,000 after purchasing an additional 714,229 shares during the period. Point72 Asset Management L.P. grew its stake in shares of Expedia Group by 1,649.4% during the 2nd quarter. Point72 Asset Management L.P. now owns 407,605 shares of the online travel company’s stock worth $51,354,000 after acquiring an additional 384,305 shares in the last quarter. AustralianSuper Pty Ltd lifted its position in shares of Expedia Group by 88.8% in the second quarter. AustralianSuper Pty Ltd now owns 753,260 shares of the online travel company’s stock worth $94,903,000 after purchasing an additional 354,389 shares in the last quarter. Marshall Wace LLP bought a new position in Expedia Group in the second quarter valued at $39,183,000. Finally, Rokos Capital Management LLP acquired a new stake in Expedia Group in the 1st quarter valued at $25,514,000. 90.76% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the company. Oppenheimer raised their price objective on Expedia Group from $155.00 to $210.00 and gave the company an “outperform” rating in a report on Friday, November 8th. Cantor Fitzgerald reissued a “neutral” rating and issued a $130.00 price objective on shares of Expedia Group in a report on Monday, October 7th. Citigroup boosted their target price on shares of Expedia Group from $140.00 to $145.00 and gave the stock a “neutral” rating in a report on Friday, August 9th. Wedbush increased their price target on shares of Expedia Group from $130.00 to $180.00 and gave the company a “neutral” rating in a research note on Friday, November 8th. Finally, Wells Fargo & Company boosted their price objective on shares of Expedia Group from $130.00 to $159.00 and gave the stock an “equal weight” rating in a research note on Tuesday, October 8th. Nineteen investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $162.68.

Expedia Group Stock Performance

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

Insider Buying and Selling

In other news, insider Robert J. Dzielak sold 5,417 shares of the business’s stock in a transaction on Monday, August 19th. The stock was sold at an average price of $134.60, for a total transaction of $729,128.20. Following the completion of the transaction, the insider now 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Dara Khosrowshahi sold 10,000 shares of the firm’s stock in a transaction dated Friday, September 27th. The shares were 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 in the company, valued at $31,319,536.05. This trade represents a 4.58 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 35,417 shares of company stock valued at $5,301,728 over the last quarter. 6.80% of the stock is 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.