Citigroup Inc. Sells 8,958 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

Citigroup Inc. reduced its position in Expedia Group, Inc. (NASDAQ:EXPE) by 3.3% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 263,385 shares of the online travel company’s stock after selling 8,958 shares during the period. Citigroup Inc.’s holdings in Expedia Group were worth $38,986,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Advisors Asset Management Inc. grew its stake in Expedia Group by 33.7% during the 1st quarter. Advisors Asset Management Inc. now owns 7,927 shares of the online travel company’s stock worth $1,092,000 after buying an additional 1,996 shares during the last quarter. LRI Investments LLC acquired a new stake in Expedia Group in the 1st quarter worth approximately $48,000. Price T Rowe Associates Inc. MD grew its position in Expedia Group by 55.1% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 275,430 shares of the online travel company’s stock worth $37,942,000 after purchasing an additional 97,825 shares during the last quarter. Ascent Group LLC increased its stake in Expedia Group by 7.7% during the 1st quarter. Ascent Group LLC now owns 2,008 shares of the online travel company’s stock valued at $277,000 after purchasing an additional 144 shares in the last quarter. Finally, Janus Henderson Group PLC raised its holdings in shares of Expedia Group by 4.9% in the first quarter. Janus Henderson Group PLC now owns 18,556 shares of the online travel company’s stock worth $2,555,000 after buying an additional 859 shares during the last quarter. Hedge funds and other institutional investors own 90.76% of the company’s stock.

Expedia Group Stock Up 0.8 %

EXPE stock opened at $184.92 on Monday. Expedia Group, Inc. has a one year low of $107.25 and a one year high of $190.40. The company has a debt-to-equity ratio of 2.03, a quick ratio of 0.73 and a current ratio of 0.73. The company has a fifty day moving average of $159.31 and a 200-day moving average of $137.29. The stock has a market capitalization of $23.73 billion, a PE ratio of 23.80, a price-to-earnings-growth ratio of 0.72 and a beta of 1.78.

Analyst Ratings Changes

Several analysts have weighed in on the company. Barclays boosted their price target on Expedia Group from $134.00 to $153.00 and gave the company an “equal weight” rating in a research note on Friday, November 8th. TD Cowen downgraded shares of Expedia Group from a “buy” rating to a “hold” rating and increased their price target for the stock from $130.00 to $150.00 in a report on Wednesday, September 25th. Bank of America raised their price target on shares of Expedia Group from $144.00 to $166.00 and gave the stock a “neutral” rating in a research report on Friday, October 25th. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $130.00 price objective on shares of Expedia Group in a report on Monday, October 7th. Finally, BTIG Research raised their target price on shares of Expedia Group from $175.00 to $200.00 and gave the stock a “buy” rating in a report on Friday, November 8th. Twenty research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $165.46.

Insider Buying and Selling at Expedia Group

In other news, insider Robert J. Dzielak sold 1,951 shares of the company’s stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $180.00, for a total transaction of $351,180.00. Following the transaction, the insider now directly owns 85,250 shares of the company’s stock, valued at $15,345,000. This represents a 2.24 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Dara Khosrowshahi sold 10,000 shares of the firm’s stock in a transaction dated Friday, October 4th. The shares were sold at an average price of $150.18, for a total transaction of $1,501,800.00. Following the completion of the sale, the director now owns 198,505 shares of the company’s stock, valued at $29,811,480.90. This trade represents a 4.80 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 38,951 shares of company stock valued at $6,197,710. 6.80% of the stock is owned by corporate insiders.

Expedia Group Profile

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.