4,293 Shares in Expedia Group, Inc. (NASDAQ:EXPE) Bought by Friedenthal Financial

Friedenthal Financial acquired a new stake in Expedia Group, Inc. (NASDAQ:EXPE) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 4,293 shares of the online travel company’s stock, valued at approximately $800,000.

A number of other large investors have also modified their holdings of the company. Venturi Wealth Management LLC grew its position in shares of 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 purchasing an additional 291 shares in the last quarter. Brooklyn Investment Group acquired a new position in Expedia Group during the third quarter worth $51,000. Future Financial Wealth Managment LLC purchased a new stake in Expedia Group in the 3rd quarter valued at $74,000. Versant Capital Management Inc increased its stake in shares of Expedia Group by 299.3% in the 4th quarter. Versant Capital Management Inc now owns 559 shares of the online travel company’s stock worth $104,000 after acquiring an additional 419 shares during the last quarter. Finally, Ashton Thomas Securities LLC purchased a new position in shares of Expedia Group during the 3rd quarter worth $118,000. Institutional investors and hedge funds own 90.76% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on EXPE shares. Jefferies Financial Group upped their price objective on shares of Expedia Group from $145.00 to $160.00 and gave the company a “hold” rating in a report on Tuesday, October 22nd. Cantor Fitzgerald restated a “neutral” rating and set a $130.00 price target on shares of Expedia Group in a research note on Monday, October 7th. Barclays raised their target price on Expedia Group from $153.00 to $166.00 and gave the company an “equal weight” rating in a report on Monday. Deutsche Bank Aktiengesellschaft cut shares of Expedia Group from a “buy” rating to a “hold” rating in a research report on Friday, November 8th. Finally, Robert W. Baird began coverage on shares of Expedia Group in a report on Wednesday, November 27th. They issued an “outperform” rating and a $225.00 price objective for the company. Twenty equities research 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. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $175.64.

Expedia Group Price Performance

EXPE stock traded up $1.10 during trading on Monday, hitting $181.30. The stock had a trading volume of 1,081,972 shares, compared to its average volume of 1,062,843. Expedia Group, Inc. has a 1-year low of $107.25 and a 1-year high of $192.34. The stock has a market cap of $23.27 billion, a price-to-earnings ratio of 23.33, a price-to-earnings-growth ratio of 1.03 and a beta of 1.83. The company’s 50 day moving average price is $183.17 and its two-hundred day moving average price is $153.98. The company has a debt-to-equity ratio of 2.03, a quick ratio of 0.73 and a current ratio of 0.73.

Insiders Place Their Bets

In related news, insider Robert J. Dzielak sold 1,951 shares of Expedia Group stock in a transaction 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 transaction, the insider now owns 85,250 shares in the company, valued at approximately $15,345,000. This trade represents a 2.24 % decrease in their ownership of the stock. The sale 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 business’s stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $185.15, for a total value of $1,851,500.00. Following the sale, the director now owns 168,505 shares of the company’s stock, valued at $31,198,700.75. The trade was a 5.60 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 28,951 shares of company stock valued at $5,045,310. 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.