Fisher Asset Management LLC Grows Position in Expedia Group, Inc. (NASDAQ:EXPE)

Fisher Asset Management LLC boosted its holdings in Expedia Group, Inc. (NASDAQ:EXPE) by 9.4% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,689,485 shares of the online travel company’s stock after acquiring an additional 144,579 shares during the quarter. Fisher Asset Management LLC owned about 1.30% of Expedia Group worth $250,078,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of EXPE. Empirical Finance LLC increased its position in shares of Expedia Group by 1.3% in the third quarter. Empirical Finance LLC now owns 4,754 shares of the online travel company’s stock valued at $704,000 after buying an additional 63 shares in the last quarter. Venture Visionary Partners LLC increased its position in shares of Expedia Group by 0.6% in the third quarter. Venture Visionary Partners LLC now owns 11,367 shares of the online travel company’s stock valued at $1,683,000 after buying an additional 64 shares in the last quarter. GHE LLC increased its position in shares of Expedia Group by 1.0% in the third quarter. GHE LLC now owns 6,689 shares of the online travel company’s stock valued at $980,000 after buying an additional 69 shares in the last quarter. AdvisorShares Investments LLC increased its position in shares of Expedia Group by 7.1% in the second quarter. AdvisorShares Investments LLC now owns 1,517 shares of the online travel company’s stock valued at $186,000 after buying an additional 100 shares in the last quarter. Finally, Bleakley Financial Group LLC increased its position in shares of Expedia Group by 5.2% in the third quarter. Bleakley Financial Group LLC now owns 2,076 shares of the online travel company’s stock valued at $307,000 after buying an additional 102 shares in the last quarter. Hedge funds and other institutional investors own 90.76% of the company’s stock.

Insider Buying and Selling

In other Expedia Group news, insider Robert J. Dzielak sold 1,951 shares of Expedia Group stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $180.00, for a total transaction of $351,180.00. Following the sale, the insider now directly owns 85,250 shares in the company, valued at $15,345,000. The trade was a 2.24 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Dara Khosrowshahi sold 10,000 shares of Expedia Group stock in a transaction that occurred on Friday, October 4th. The stock was sold at an average price of $150.18, for a total value of $1,501,800.00. Following the sale, the director now owns 198,505 shares in the company, valued at $29,811,480.90. This represents a 4.80 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 38,951 shares of company stock valued at $6,197,710. Corporate insiders own 6.80% of the company’s stock.

Expedia Group Stock Performance

Expedia Group stock opened at $184.08 on Tuesday. The stock’s 50 day moving average price is $160.28 and its 200 day moving average price is $137.80. The firm has a market capitalization of $23.63 billion, a PE ratio of 23.69, a price-to-earnings-growth ratio of 0.73 and a beta of 1.78. The company has a debt-to-equity ratio of 2.03, a quick ratio of 0.73 and a current ratio of 0.73. Expedia Group, Inc. has a one year low of $107.25 and a one year high of $190.40.

Wall Street Analyst Weigh In

EXPE has been the subject of a number of recent research reports. BTIG Research lifted their price objective on Expedia Group from $175.00 to $200.00 and gave the stock a “buy” rating in a research report on Friday, November 8th. Wedbush lifted their price objective on Expedia Group from $130.00 to $180.00 and gave the stock a “neutral” rating in a research report on Friday, November 8th. Royal Bank of Canada reiterated a “sector perform” rating and set a $140.00 price objective on shares of Expedia Group in a research report on Friday, August 9th. Wells Fargo & Company lifted their price objective on Expedia Group from $130.00 to $159.00 and gave the stock an “equal weight” rating in a research report on Tuesday, October 8th. Finally, Bank of America lifted their price objective on Expedia Group from $144.00 to $166.00 and gave the stock a “neutral” rating in a research report on Friday, October 25th. Twenty analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat.com, Expedia Group has a consensus rating of “Hold” and an average target price of $165.46.

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.