Centaurus Financial Inc. Invests $383,000 in Expedia Group, Inc. (NASDAQ:EXPE)

Centaurus Financial Inc. acquired a new position in shares of Expedia Group, Inc. (NASDAQ:EXPE) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 2,585 shares of the online travel company’s stock, valued at approximately $383,000.

Several other institutional investors have also added to or reduced their stakes in EXPE. Innealta Capital LLC acquired a new stake in shares of Expedia Group in the 2nd quarter valued at about $27,000. Blue Trust Inc. grew its holdings in shares of Expedia Group by 93.8% during the second quarter. Blue Trust Inc. now owns 217 shares of the online travel company’s stock worth $30,000 after buying an additional 105 shares in the last quarter. LRI Investments LLC bought a new stake in Expedia Group in the 1st quarter valued at approximately $48,000. Venturi Wealth Management LLC boosted its position in Expedia Group by 709.8% during the 3rd quarter. Venturi Wealth Management LLC now owns 332 shares of the online travel company’s stock worth $49,000 after acquiring an additional 291 shares during the last quarter. Finally, Strategic Financial Concepts LLC bought a new position in shares of Expedia Group during the 2nd quarter worth approximately $65,000. 90.76% of the stock is owned by institutional investors.

Insider Activity

In other news, Director Dara Khosrowshahi sold 10,000 shares of Expedia Group stock in a transaction that occurred on 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 approximately $31,319,536.05. The trade was a 4.58 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Robert J. Dzielak sold 1,951 shares of the stock in a transaction that occurred on 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 in the company, valued at $15,345,000. This represents a 2.24 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 38,951 shares of company stock valued at $6,197,710. 6.80% of the stock is owned by company insiders.

Expedia Group Stock Performance

Shares of NASDAQ EXPE opened at $186.28 on Wednesday. The company has a debt-to-equity ratio of 2.03, a current ratio of 0.73 and a quick ratio of 0.73. The firm has a market cap of $23.91 billion, a price-to-earnings ratio of 23.97, a P/E/G ratio of 0.73 and a beta of 1.78. The stock’s fifty day moving average price is $161.24 and its two-hundred day moving average price is $138.31. Expedia Group, Inc. has a one year low of $107.25 and a one year high of $190.40.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on EXPE. Truist Financial assumed coverage on shares of Expedia Group in a report on Friday, September 6th. They set a “hold” rating and a $148.00 target price for the company. TD Cowen cut Expedia Group from a “buy” rating to a “hold” rating and raised their price objective for the company from $130.00 to $150.00 in a report on Wednesday, September 25th. Jefferies Financial Group upped their target price on Expedia Group from $145.00 to $160.00 and gave the stock a “hold” rating in a report on Tuesday, October 22nd. Cantor Fitzgerald reissued a “neutral” rating and set a $130.00 price target on shares of Expedia Group in a research report on Monday, October 7th. Finally, Benchmark boosted their price target on Expedia Group from $180.00 to $200.00 and gave the stock a “buy” rating in a research report on Friday, November 8th. Twenty analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat, the stock 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.