Clark Estates Inc. NY Sells 2,100 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

Clark Estates Inc. NY lessened its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 7.6% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 25,650 shares of the online travel company’s stock after selling 2,100 shares during the quarter. Expedia Group comprises about 0.7% of Clark Estates Inc. NY’s portfolio, making the stock its 29th largest holding. Clark Estates Inc. NY’s holdings in Expedia Group were worth $3,797,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently made changes to their positions in EXPE. Innealta Capital LLC bought a new position in shares of Expedia Group during the second quarter worth approximately $27,000. Blue Trust Inc. grew its holdings in Expedia Group by 93.8% in the 2nd quarter. Blue Trust Inc. now owns 217 shares of the online travel company’s stock valued at $30,000 after buying an additional 105 shares in the last quarter. LRI Investments LLC bought a new position in Expedia Group during the 1st quarter worth $48,000. Venturi Wealth Management LLC lifted its holdings in shares of Expedia Group by 709.8% during the third quarter. Venturi Wealth Management LLC now owns 332 shares of the online travel company’s stock worth $49,000 after buying an additional 291 shares in the last quarter. Finally, Brooklyn Investment Group acquired a new stake in shares of Expedia Group during the third quarter worth $51,000. Institutional investors own 90.76% of the company’s stock.

Expedia Group Stock Performance

Shares of Expedia Group stock opened at $186.28 on Wednesday. The company has a market cap of $23.91 billion, a P/E ratio of 23.97, a PEG ratio of 0.72 and a beta of 1.78. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 2.03. The business has a 50-day moving average price of $161.24 and a two-hundred day moving average price of $138.31. Expedia Group, Inc. has a 1-year low of $107.25 and a 1-year high of $190.40.

Insider Buying and Selling

In other news, Director Dara Khosrowshahi sold 10,000 shares of the company’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 transaction, the director now owns 198,505 shares in the company, valued at approximately $29,811,480.90. This represents a 4.80 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Robert J. Dzielak sold 1,951 shares of the firm’s stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $180.00, for a total value of $351,180.00. Following the completion of the sale, the insider now owns 85,250 shares of the company’s stock, valued at approximately $15,345,000. This represents a 2.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 38,951 shares of company stock valued at $6,197,710 over the last 90 days. Company insiders own 6.80% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have issued reports on the stock. Citigroup increased their target price on shares of Expedia Group from $140.00 to $145.00 and gave the stock a “neutral” rating in a research report on Friday, August 9th. Wells Fargo & Company upped their price target on shares of Expedia Group from $130.00 to $159.00 and gave the stock an “equal weight” rating in a report on Tuesday, October 8th. JPMorgan Chase & Co. lifted their price objective on shares of Expedia Group from $135.00 to $170.00 and gave the company a “neutral” rating in a research note on Friday, November 8th. 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 research note on Tuesday, October 22nd. Finally, Robert W. Baird started coverage on Expedia Group in a research note on Wednesday. They issued an “outperform” rating and a $225.00 price target on the stock. Twenty analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $167.67.

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.