Expedia Group, Inc. (NASDAQ:EXPE) Shares Sold by Anchor Investment Management LLC

Anchor Investment Management LLC decreased its position in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 8.2% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 1,280 shares of the online travel company’s stock after selling 115 shares during the period. Anchor Investment Management LLC’s holdings in Expedia Group were worth $189,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Innealta Capital LLC acquired a new position in shares of Expedia Group in the 2nd quarter valued at approximately $27,000. Blue Trust Inc. increased 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 worth $30,000 after buying an additional 105 shares during the last quarter. Venturi Wealth Management LLC raised its holdings in Expedia Group by 709.8% in the third quarter. Venturi Wealth Management LLC now owns 332 shares of the online travel company’s stock valued at $49,000 after acquiring an additional 291 shares in the last quarter. Brooklyn Investment Group bought a new position in Expedia Group during the 3rd quarter valued at $51,000. Finally, Strategic Financial Concepts LLC acquired a new position in Expedia Group during the 2nd quarter worth $65,000. 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 firm’s stock in a transaction that occurred on 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 $29,811,480.90. This trade represents a 4.80 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Robert J. Dzielak sold 1,951 shares of the business’s stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $180.00, for a total value of $351,180.00. Following the sale, the insider now directly owns 85,250 shares in the company, valued at approximately $15,345,000. The trade was a 2.24 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 38,951 shares of company stock worth $6,197,710 over the last ninety days. 6.80% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on EXPE. Robert W. Baird assumed coverage on shares of Expedia Group in a research note on Wednesday, November 27th. They issued an “outperform” rating and a $225.00 target price on the stock. Benchmark upped their price objective on Expedia Group from $180.00 to $200.00 and gave the company a “buy” rating in a research note on Friday, November 8th. Wells Fargo & Company lifted 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. Deutsche Bank Aktiengesellschaft downgraded Expedia Group from a “buy” rating to a “hold” rating in a report on Friday, November 8th. Finally, UBS Group raised their price objective on Expedia Group from $137.00 to $156.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 23rd. Twenty research analysts have rated the stock with a hold rating, eight have issued a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $167.67.

Expedia Group Trading Down 0.8 %

Shares of EXPE stock opened at $183.00 on Friday. Expedia Group, Inc. has a 1 year low of $107.25 and a 1 year high of $192.34. The firm has a market capitalization of $23.49 billion, a PE ratio of 23.55, a price-to-earnings-growth ratio of 1.07 and a beta of 1.84. The stock has a fifty day moving average of $171.80 and a two-hundred day moving average of $144.68. The company has a debt-to-equity ratio of 2.03, a quick ratio of 0.73 and a current 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.