Signet Financial Management LLC Acquires 74 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

Signet Financial Management LLC grew its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 0.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 25,499 shares of the online travel company’s stock after acquiring an additional 74 shares during the period. Signet Financial Management LLC’s holdings in Expedia Group were worth $4,751,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of EXPE. Venturi Wealth Management LLC lifted its stake in shares of Expedia Group by 709.8% during the 3rd quarter. Venturi Wealth Management LLC now owns 332 shares of the online travel company’s stock valued at $49,000 after buying an additional 291 shares in the last quarter. Brooklyn Investment Group purchased a new position in shares of Expedia Group in the third quarter valued at about $51,000. Future Financial Wealth Managment LLC bought a new position in shares of Expedia Group in the third quarter worth about $74,000. Versant Capital Management Inc grew its position in shares of Expedia Group by 299.3% during the fourth quarter. Versant Capital Management Inc now owns 559 shares of the online travel company’s stock worth $104,000 after purchasing an additional 419 shares in the last quarter. Finally, Ashton Thomas Securities LLC bought a new stake in Expedia Group during the 3rd quarter valued at approximately $118,000. 90.76% of the stock is currently owned by hedge funds and other institutional investors.

Expedia Group Stock Up 0.6 %

NASDAQ EXPE traded up $1.10 during trading on Monday, reaching $181.30. 1,097,893 shares of the company’s stock traded hands, compared to its average volume of 1,120,856. The company’s 50 day simple moving average is $183.17 and its two-hundred day simple moving average is $153.98. Expedia Group, Inc. has a 12-month low of $107.25 and a 12-month high of $192.34. The firm has a market cap of $23.27 billion, a price-to-earnings ratio of 23.33, a price-to-earnings-growth ratio of 1.03 and a beta of 1.83. The company has a debt-to-equity ratio of 2.03, a current ratio of 0.73 and a quick ratio of 0.73.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on EXPE. UBS Group lifted their price objective on shares of Expedia Group from $137.00 to $156.00 and gave the company a “neutral” rating in a research report on Wednesday, October 23rd. BTIG Research raised their price target on Expedia Group from $175.00 to $200.00 and gave the company a “buy” rating in a report on Friday, November 8th. JPMorgan Chase & Co. increased their target price on Expedia Group from $135.00 to $170.00 and gave the company a “neutral” rating in a research report on Friday, November 8th. Benchmark boosted their price target on shares of Expedia Group from $180.00 to $200.00 and gave the stock a “buy” rating in a research report on Friday, November 8th. Finally, Susquehanna increased their price objective on shares of Expedia Group from $145.00 to $190.00 and gave the company a “neutral” rating in a research report on Monday, November 11th. Twenty research analysts have rated the stock with a hold rating, ten have assigned a buy rating and three have given a strong buy rating to the stock. According to MarketBeat, Expedia Group presently has a consensus rating of “Hold” and an average price target of $175.64.

Insider Buying and Selling

In related 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 transaction of $1,273,930.00. Following the completion of the sale, the chief accounting officer now owns 11,187 shares of the company’s stock, valued at $2,035,922.13. This represents a 38.49 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Dara Khosrowshahi sold 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $185.15, for a total transaction of $1,851,500.00. Following the completion of the sale, the director now owns 168,505 shares of the company’s stock, valued at approximately $31,198,700.75. This trade represents a 5.60 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 28,951 shares of company stock valued at $5,045,310 over the last 90 days. Corporate insiders own 6.80% of the company’s stock.

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.