Moody National Bank Trust Division Reduces Stake in Expedia Group, Inc. (NASDAQ:EXPE)

Moody National Bank Trust Division trimmed its position in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 7.1% during the fourth quarter, Holdings Channel reports. The firm owned 4,777 shares of the online travel company’s stock after selling 367 shares during the quarter. Moody National Bank Trust Division’s holdings in Expedia Group were worth $890,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Oppenheimer Asset Management Inc. grew its stake in Expedia Group by 32.6% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 17,281 shares of the online travel company’s stock valued at $2,177,000 after acquiring an additional 4,244 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of Expedia Group by 8.4% in the second quarter. Envestnet Asset Management Inc. now owns 217,286 shares of the online travel company’s stock valued at $27,376,000 after purchasing an additional 16,856 shares in the last quarter. Dimensional Fund Advisors LP grew its position in shares of Expedia Group by 14.8% in the second quarter. Dimensional Fund Advisors LP now owns 1,054,485 shares of the online travel company’s stock valued at $132,851,000 after purchasing an additional 135,973 shares during the last quarter. Stock Yards Bank & Trust Co. increased its stake in shares of Expedia Group by 1.4% during the 2nd quarter. Stock Yards Bank & Trust Co. now owns 186,289 shares of the online travel company’s stock worth $23,471,000 after purchasing an additional 2,521 shares in the last quarter. Finally, Foresight Global Investors Inc. acquired a new position in shares of Expedia Group during the 2nd quarter worth approximately $1,231,000. Institutional investors and hedge funds own 90.76% of the company’s stock.

Insider Activity at Expedia Group

In related news, Director Dara Khosrowshahi sold 10,000 shares of the stock in a transaction dated Friday, November 1st. The shares were sold at an average price of $156.87, for a total transaction of $1,568,700.00. Following the sale, the director now owns 188,505 shares in the company, valued at $29,570,779.35. This represents a 5.04 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Robert J. Dzielak sold 1,951 shares of Expedia Group stock in a transaction that occurred on 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 transaction, the insider now owns 85,250 shares of the company’s stock, valued at approximately $15,345,000. The trade was a 2.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 28,951 shares of company stock valued at $5,045,310. Corporate insiders own 6.80% of the company’s stock.

Wall Street Analysts Forecast Growth

EXPE has been the subject of a number of recent research reports. Barclays lifted their price target on shares of Expedia Group from $153.00 to $166.00 and gave the stock an “equal weight” rating in a report on Monday. Wells Fargo & Company increased their target price on Expedia Group from $130.00 to $159.00 and gave the stock an “equal weight” rating in a research report on Tuesday, October 8th. Melius Research raised shares of Expedia Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 6th. Benchmark increased their price objective on shares of Expedia Group from $180.00 to $200.00 and gave the stock a “buy” rating in a report on Friday, November 8th. Finally, Baird R W upgraded shares of Expedia Group to a “strong-buy” rating in a report on Wednesday, November 27th. Twenty analysts have rated the stock with a hold rating, ten have issued a buy rating and three have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $175.64.

Expedia Group Trading Up 1.0 %

NASDAQ:EXPE opened at $183.19 on Wednesday. The company has a market cap of $23.51 billion, a PE ratio of 23.58, a P/E/G ratio of 1.03 and a beta of 1.83. The business’s 50 day moving average is $183.94 and its two-hundred day moving average is $154.78. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 2.03. Expedia Group, Inc. has a 52 week low of $107.25 and a 52 week high of $192.34.

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.