LSV Asset Management Has $198.14 Million Position in Expedia Group, Inc. $EXPE

LSV Asset Management lifted its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 6.3% during the 3rd quarter, HoldingsChannel reports. The firm owned 926,955 shares of the online travel company’s stock after acquiring an additional 55,118 shares during the period. LSV Asset Management’s holdings in Expedia Group were worth $198,137,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Brighton Jones LLC acquired a new position in shares of Expedia Group during the fourth quarter worth $408,000. NewEdge Advisors LLC grew its position in Expedia Group by 5.0% during the 1st quarter. NewEdge Advisors LLC now owns 5,455 shares of the online travel company’s stock worth $917,000 after acquiring an additional 259 shares during the last quarter. Sivia Capital Partners LLC acquired a new position in Expedia Group in the 2nd quarter worth about $596,000. Callan Family Office LLC bought a new position in Expedia Group in the second quarter valued at about $492,000. Finally, IFP Advisors Inc raised its position in Expedia Group by 105.4% in the second quarter. IFP Advisors Inc now owns 3,434 shares of the online travel company’s stock valued at $579,000 after purchasing an additional 1,762 shares during the last quarter. Institutional investors own 90.76% of the company’s stock.

Expedia Group Stock Down 3.3%

Shares of NASDAQ EXPE opened at $233.60 on Thursday. The company’s 50 day moving average price is $275.04 and its 200-day moving average price is $239.91. The company has a debt-to-equity ratio of 1.72, a quick ratio of 0.74 and a current ratio of 0.74. Expedia Group, Inc. has a 52-week low of $130.01 and a 52-week high of $303.80. The company has a market capitalization of $28.62 billion, a P/E ratio of 22.35, a price-to-earnings-growth ratio of 0.77 and a beta of 1.41.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the company. KeyCorp initiated coverage on Expedia Group in a report on Wednesday, October 22nd. They set a “sector weight” rating on the stock. Barclays boosted their target price on shares of Expedia Group from $220.00 to $245.00 and gave the stock an “equal weight” rating in a report on Wednesday, January 21st. Argus upped their price target on shares of Expedia Group from $340.00 to $345.00 and gave the company a “buy” rating in a research report on Friday, January 16th. BMO Capital Markets lifted their price target on shares of Expedia Group from $205.00 to $250.00 in a report on Friday, November 7th. Finally, Evercore ISI restated an “outperform” rating on shares of Expedia Group in a report on Monday. Fourteen analysts have rated the stock with a Buy rating and twenty have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $292.23.

Insider Buying and Selling at Expedia Group

In other Expedia Group news, CAO Lance A. Soliday sold 849 shares of the company’s stock in a transaction on Friday, November 21st. The shares were sold at an average price of $248.08, for a total transaction of $210,619.92. Following the sale, the chief accounting officer owned 11,662 shares of the company’s stock, valued at approximately $2,893,108.96. This represents a 6.79% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Madhumita Moina Banerjee sold 1,000 shares of the business’s stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $258.00, for a total value of $258,000.00. Following the completion of the transaction, the director directly owned 2,916 shares in the company, valued at $752,328. This represents a 25.54% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 9.13% of the stock is owned by insiders.

About Expedia Group

Expedia Group (NASDAQ: EXPE) is a global travel technology company that operates an online marketplace connecting consumers, travel suppliers and third‑party partners. The company’s platform enables search, comparison and booking of travel products and services, including hotels, airline tickets, vacation rentals, car rentals, cruises and packaged travel. Its portfolio comprises consumer-facing travel brands as well as corporate travel solutions and technology services that serve both leisure and business travelers.

Key offerings include consumer booking platforms and mobile apps that aggregate inventory from hotels, vacation rental managers, airlines and car rental companies, alongside ancillary travel services such as trip insurance and activities.