Expedia Group, Inc. (NASDAQ:EXPE) Shares Acquired by OneDigital Investment Advisors LLC

OneDigital Investment Advisors LLC lifted its stake in Expedia Group, Inc. (NASDAQ:EXPE) by 16.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,485 shares of the online travel company’s stock after purchasing an additional 356 shares during the period. OneDigital Investment Advisors LLC’s holdings in Expedia Group were worth $368,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the company. Pacer Advisors Inc. grew its holdings in Expedia Group by 36.8% in the second quarter. Pacer Advisors Inc. now owns 2,654,200 shares of the online travel company’s stock valued at $334,403,000 after purchasing an additional 714,229 shares during the last quarter. Point72 Asset Management L.P. grew its stake in Expedia Group by 1,649.4% in the 2nd quarter. Point72 Asset Management L.P. now owns 407,605 shares of the online travel company’s stock valued at $51,354,000 after acquiring an additional 384,305 shares during the last quarter. AustralianSuper Pty Ltd increased its holdings in Expedia Group by 88.8% during the 2nd quarter. AustralianSuper Pty Ltd now owns 753,260 shares of the online travel company’s stock valued at $94,903,000 after acquiring an additional 354,389 shares in the last quarter. Marshall Wace LLP purchased a new position in Expedia Group during the 2nd quarter valued at about $39,183,000. Finally, Rokos Capital Management LLP acquired a new position in Expedia Group during the first quarter worth about $25,514,000. Hedge funds and other institutional investors own 90.76% of the company’s stock.

Expedia Group Stock Performance

Shares of EXPE stock opened at $183.51 on Friday. The firm has a market capitalization of $23.55 billion, a price-to-earnings ratio of 23.62, a PEG ratio of 0.69 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’s 50-day moving average price is $158.33 and its 200-day moving average price is $136.47. Expedia Group, Inc. has a 12 month low of $107.25 and a 12 month high of $190.40.

Analysts Set New Price Targets

Several research analysts recently weighed in on EXPE shares. JPMorgan Chase & Co. boosted their target price 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. Wedbush boosted their price objective on shares of Expedia Group from $130.00 to $180.00 and gave the company a “neutral” rating in a research report on Friday, November 8th. Royal Bank of Canada restated a “sector perform” rating and set a $140.00 target price on shares of Expedia Group in a research report on Friday, August 9th. UBS Group boosted their price target on Expedia Group from $137.00 to $156.00 and gave the company a “neutral” rating in a report on Wednesday, October 23rd. Finally, Benchmark raised their price objective on Expedia Group from $180.00 to $200.00 and gave the stock a “buy” rating in a report on Friday, November 8th. Nineteen research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat, Expedia Group presently has a consensus rating of “Hold” and a consensus price target of $164.88.

Insider Activity at Expedia Group

In related news, Director Dara Khosrowshahi sold 10,000 shares of the company’s stock in a transaction that occurred on Friday, October 4th. The stock was sold at an average price of $150.18, for a total value of $1,501,800.00. Following the sale, the director now directly owns 198,505 shares in the company, valued at $29,811,480.90. This represents a 4.80 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CAO Lance A. Soliday sold 7,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 14th. The stock was sold at an average price of $181.99, for a total transaction of $1,273,930.00. Following the transaction, the chief accounting officer now owns 11,187 shares of the company’s stock, valued at approximately $2,035,922.13. The trade was a 38.49 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 37,000 shares of company stock worth $5,846,530 over the last three months. Company insiders own 6.80% of the company’s stock.

Expedia Group Company 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.