Atria Investments Inc Cuts Position in Expedia Group, Inc. (NASDAQ:EXPE)

Atria Investments Inc reduced its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 21.2% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 3,254 shares of the online travel company’s stock after selling 876 shares during the period. Atria Investments Inc’s holdings in Expedia Group were worth $482,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the business. Innealta Capital LLC acquired a new position in Expedia Group during the 2nd quarter worth approximately $27,000. Blue Trust Inc. boosted its stake in shares of Expedia Group by 93.8% in the second quarter. Blue Trust Inc. now owns 217 shares of the online travel company’s stock valued at $30,000 after purchasing an additional 105 shares during the period. Crewe Advisors LLC acquired a new stake in Expedia Group during the 1st quarter valued at $40,000. LRI Investments LLC purchased a new stake in Expedia Group during the 1st quarter worth $48,000. Finally, Future Financial Wealth Managment LLC purchased a new position in Expedia Group in the 3rd quarter valued at about $74,000. Institutional investors and hedge funds own 90.76% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently commented on EXPE shares. BTIG Research boosted their price target on Expedia Group from $175.00 to $200.00 and gave the stock a “buy” rating in a research note on Friday, November 8th. Jefferies Financial Group increased their target price on Expedia Group from $145.00 to $160.00 and gave the company a “hold” rating in a research note on Tuesday, October 22nd. DA Davidson lifted their price target on shares of Expedia Group from $135.00 to $190.00 and gave the stock a “neutral” rating in a research note on Monday. Deutsche Bank Aktiengesellschaft downgraded shares of Expedia Group from a “buy” rating to a “hold” rating in a research note on Friday, November 8th. Finally, UBS Group boosted their target price on shares of Expedia Group from $137.00 to $156.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 23rd. Nineteen investment analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $164.88.

Insider Transactions at Expedia Group

In other news, CAO Lance A. Soliday sold 7,000 shares of the business’s 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 sale, the chief accounting officer now owns 11,187 shares in the company, valued at $2,035,922.13. The trade was a 38.49 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Dara Khosrowshahi sold 10,000 shares of the firm’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 transaction of $1,501,800.00. Following the completion of the transaction, the director now directly owns 198,505 shares of the company’s stock, valued at $29,811,480.90. This represents a 4.80 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 37,000 shares of company stock valued at $5,846,530 in the last three months. 6.80% of the stock is currently owned by corporate insiders.

Expedia Group Stock Up 1.2 %

NASDAQ EXPE opened at $179.10 on Thursday. Expedia Group, Inc. has a 12 month low of $107.25 and a 12 month high of $190.40. The company has a market capitalization of $22.99 billion, a P/E ratio of 23.05, a PEG ratio of 0.71 and a beta of 1.78. The company’s 50 day simple moving average is $157.30 and its 200 day simple moving average is $136.14. The company has a debt-to-equity ratio of 2.03, a current ratio of 0.73 and a quick ratio of 0.73.

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.