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

Hillsdale Investment Management Inc. reduced its holdings in Expedia Group, Inc. (NASDAQ:EXPE) by 31.8% during the 4th quarter, Holdings Channel reports. The fund owned 3,210 shares of the online travel company’s stock after selling 1,500 shares during the quarter. Hillsdale Investment Management Inc.’s holdings in Expedia Group were worth $487,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. City State Bank raised its stake in Expedia Group by 157.3% during the 4th quarter. City State Bank now owns 193 shares of the online travel company’s stock valued at $29,000 after purchasing an additional 118 shares during the period. CVA Family Office LLC acquired a new stake in Expedia Group in the fourth quarter valued at approximately $32,000. Parkside Financial Bank & Trust grew its position in Expedia Group by 173.0% in the third quarter. Parkside Financial Bank & Trust now owns 344 shares of the online travel company’s stock worth $35,000 after acquiring an additional 218 shares in the last quarter. MV Capital Management Inc. increased its stake in shares of Expedia Group by 335.6% during the 4th quarter. MV Capital Management Inc. now owns 318 shares of the online travel company’s stock worth $48,000 after purchasing an additional 245 shares during the last quarter. Finally, Bruce G. Allen Investments LLC acquired a new stake in shares of Expedia Group in the 4th quarter valued at $65,000. Institutional investors own 90.76% of the company’s stock.

Insiders Place Their Bets

In other news, CAO Lance A. Soliday sold 5,119 shares of the business’s stock in a transaction dated Thursday, February 22nd. The stock was sold at an average price of $137.21, for a total value of $702,377.99. Following the sale, the chief accounting officer now directly owns 10,880 shares in the company, valued at $1,492,844.80. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. In other news, Director Craig A. Jacobson sold 6,722 shares of Expedia Group stock in a transaction dated Wednesday, May 15th. The shares were sold at an average price of $112.71, for a total value of $757,636.62. Following the completion of the transaction, the director now owns 32,620 shares of the company’s stock, valued at approximately $3,676,600.20. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CAO Lance A. Soliday sold 5,119 shares of the firm’s stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $137.21, for a total transaction of $702,377.99. Following the completion of the sale, the chief accounting officer now owns 10,880 shares of the company’s stock, valued at $1,492,844.80. The disclosure for this sale can be found here. Corporate insiders own 8.07% of the company’s stock.

Analyst Ratings Changes

EXPE has been the subject of several analyst reports. Mizuho reduced their target price on Expedia Group from $140.00 to $135.00 and set a “neutral” rating for the company in a report on Friday, May 3rd. BTIG Research dropped their price objective on shares of Expedia Group from $175.00 to $150.00 and set a “buy” rating for the company in a research note on Tuesday. Oppenheimer reiterated an “outperform” rating and set a $175.00 target price on shares of Expedia Group in a research report on Monday, April 29th. Royal Bank of Canada decreased their price objective on Expedia Group from $155.00 to $140.00 and set a “sector perform” rating on the stock in a report on Friday, May 3rd. Finally, B. Riley dropped their target price on Expedia Group from $200.00 to $190.00 and set a “buy” rating for the company in a report on Friday, May 3rd. Sixteen equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $148.12.

Expedia Group Trading Down 2.3 %

Shares of NASDAQ EXPE opened at $111.71 on Wednesday. Expedia Group, Inc. has a twelve month low of $92.00 and a twelve month high of $160.05. The stock has a market cap of $15.22 billion, a price-to-earnings ratio of 20.92, a P/E/G ratio of 0.43 and a beta of 1.83. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 2.93. The company’s fifty day moving average is $128.47 and its 200-day moving average is $136.87.

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.