Ghe LLC Has $980,000 Stake in Expedia Group, Inc. (NASDAQ:EXPE)

Ghe LLC grew its stake in Expedia Group, Inc. (NASDAQ:EXPE) by 1.0% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,689 shares of the online travel company’s stock after purchasing an additional 69 shares during the quarter. Ghe LLC’s holdings in Expedia Group were worth $980,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of EXPE. Cozad Asset Management Inc. boosted its holdings in Expedia Group by 16.9% during the 3rd quarter. Cozad Asset Management Inc. now owns 30,823 shares of the online travel company’s stock worth $4,562,000 after acquiring an additional 4,449 shares during the last quarter. Robeco Institutional Asset Management B.V. lifted its position in shares of Expedia Group by 13.1% during the third quarter. Robeco Institutional Asset Management B.V. now owns 649,716 shares of the online travel company’s stock valued at $96,171,000 after purchasing an additional 75,120 shares in the last quarter. DoubleLine ETF Adviser LP bought a new stake in Expedia Group in the 2nd quarter worth about $465,000. Mitsubishi UFJ Asset Management Co. Ltd. grew its position in Expedia Group by 18.3% in the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 154,867 shares of the online travel company’s stock worth $21,333,000 after purchasing an additional 23,939 shares in the last quarter. Finally, Swedbank AB increased its stake in Expedia Group by 5.0% in the 2nd quarter. Swedbank AB now owns 169,076 shares of the online travel company’s stock valued at $21,302,000 after buying an additional 8,026 shares during the last quarter. Institutional investors own 90.76% of the company’s stock.

Insider Transactions at Expedia Group

In other news, insider Robert J. Dzielak sold 12,602 shares of Expedia Group stock in a transaction on Thursday, August 15th. The shares were sold at an average price of $131.50, for a total transaction of $1,657,163.00. Following the completion of the sale, the insider now directly owns 89,960 shares of the company’s stock, valued at approximately $11,829,740. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In other news, Director Dara Khosrowshahi sold 10,000 shares of the company’s stock in a transaction on Friday, November 1st. The shares were sold at an average price of $156.87, for a total value of $1,568,700.00. Following the completion of the sale, the director now owns 188,505 shares of the company’s stock, valued at approximately $29,570,779.35. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Robert J. Dzielak sold 12,602 shares of Expedia Group stock in a transaction on Thursday, August 15th. The stock was sold at an average price of $131.50, for a total transaction of $1,657,163.00. Following the completion of the transaction, the insider now owns 89,960 shares in the company, valued at approximately $11,829,740. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 48,019 shares of company stock valued at $6,958,891 in the last quarter. Insiders own 6.80% of the company’s stock.

Analyst Upgrades and Downgrades

EXPE has been the subject of several recent analyst reports. Benchmark upped their target price on Expedia Group from $180.00 to $200.00 and gave the company a “buy” rating in a report on Friday, November 8th. Citigroup upped their price objective on Expedia Group from $140.00 to $145.00 and gave the company a “neutral” rating in a research note on Friday, August 9th. Cantor Fitzgerald reiterated a “neutral” rating and set a $130.00 target price on shares of Expedia Group in a research note on Monday, October 7th. Susquehanna boosted their price target on shares of Expedia Group from $145.00 to $190.00 and gave the stock a “neutral” rating in a report on Monday. Finally, Barclays raised their price objective 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. Twenty analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $161.62.

Expedia Group Price Performance

Shares of NASDAQ EXPE traded up $0.80 during midday trading on Wednesday, hitting $182.80. 57,768 shares of the company’s stock were exchanged, compared to its average volume of 2,172,316. Expedia Group, Inc. has a 12-month low of $107.25 and a 12-month high of $190.40. The company has a market cap of $23.80 billion, a price-to-earnings ratio of 23.42, a PEG ratio of 0.71 and a beta of 1.78. The company has a current ratio of 0.73, a quick ratio of 0.76 and a debt-to-equity ratio of 2.03. The business’s fifty day moving average price is $151.62 and its two-hundred day moving average price is $134.10.

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.