Expedia Group, Inc. (NASDAQ:EXPE) Holdings Lifted by MML Investors Services LLC

MML Investors Services LLC grew its position in Expedia Group, Inc. (NASDAQ:EXPE) by 8.0% in the 3rd quarter, Holdings Channel.com reports. The firm owned 11,508 shares of the online travel company’s stock after buying an additional 849 shares during the period. MML Investors Services LLC’s holdings in Expedia Group were worth $1,703,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Innealta Capital LLC bought a new position in Expedia Group in the 2nd quarter worth about $27,000. Blue Trust Inc. boosted its holdings in shares of Expedia Group by 93.8% in the second quarter. Blue Trust Inc. now owns 217 shares of the online travel company’s stock valued at $30,000 after acquiring an additional 105 shares in the last quarter. Venturi Wealth Management LLC boosted its holdings in shares of Expedia Group by 709.8% in the third quarter. Venturi Wealth Management LLC now owns 332 shares of the online travel company’s stock valued at $49,000 after acquiring an additional 291 shares in the last quarter. Brooklyn Investment Group bought a new position in shares of Expedia Group in the third quarter valued at approximately $51,000. Finally, Future Financial Wealth Managment LLC bought a new position in shares of Expedia Group in the third quarter valued at approximately $74,000. Institutional investors own 90.76% of the company’s stock.

Insiders Place Their Bets

In other Expedia Group news, CAO Lance A. Soliday sold 7,000 shares of the stock in a transaction that occurred on Thursday, November 14th. The shares were sold at an average price of $181.99, for a total value of $1,273,930.00. Following the completion of the sale, the chief accounting officer now owns 11,187 shares in the company, valued at $2,035,922.13. This represents a 38.49 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Robert J. Dzielak sold 1,951 shares of the stock in a transaction 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 transaction, the insider now owns 85,250 shares in the company, valued at approximately $15,345,000. This trade represents a 2.24 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 38,951 shares of company stock worth $6,197,710 in the last quarter. 6.80% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several research firms have recently issued reports on EXPE. JMP Securities reiterated a “market perform” rating on shares of Expedia Group in a report on Monday. Oppenheimer increased their price objective on shares of Expedia Group from $155.00 to $210.00 and gave the company an “outperform” rating in a report on Friday, November 8th. BTIG Research increased their price objective on shares of Expedia Group from $175.00 to $200.00 and gave the company a “buy” rating in a report on Friday, November 8th. Truist Financial started coverage on shares of Expedia Group in a research note on Friday, September 6th. They set a “hold” rating and a $148.00 target price for the company. Finally, Baird R W raised shares of Expedia Group to a “strong-buy” rating in a research note on Wednesday, November 27th. Twenty-one investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, Expedia Group has a consensus rating of “Hold” and an average price target of $167.67.

Expedia Group Stock Down 1.1 %

EXPE stock opened at $180.64 on Wednesday. Expedia Group, Inc. has a 12-month low of $107.25 and a 12-month high of $192.34. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 2.03. The company has a market cap of $23.18 billion, a price-to-earnings ratio of 23.25, a PEG ratio of 1.07 and a beta of 1.84. The company has a 50 day moving average of $173.00 and a two-hundred day moving average of $146.16.

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.