Ashton Thomas Securities LLC Makes New $118,000 Investment in Expedia Group, Inc. (NASDAQ:EXPE)

Ashton Thomas Securities LLC bought a new stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 795 shares of the online travel company’s stock, valued at approximately $118,000.

A number of other hedge funds have also made changes to their positions in EXPE. Pacer Advisors Inc. boosted its stake in Expedia Group by 36.8% during the 2nd quarter. Pacer Advisors Inc. now owns 2,654,200 shares of the online travel company’s stock valued at $334,403,000 after acquiring an additional 714,229 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Expedia Group by 14.8% during the second quarter. Dimensional Fund Advisors LP now owns 1,054,485 shares of the online travel company’s stock worth $132,851,000 after purchasing an additional 135,973 shares during the last quarter. Clearbridge Investments LLC grew its stake in Expedia Group by 3.1% in the first quarter. Clearbridge Investments LLC now owns 971,327 shares of the online travel company’s stock worth $133,800,000 after purchasing an additional 29,294 shares in the last quarter. AustralianSuper Pty Ltd increased its holdings in Expedia Group by 8.5% in the third quarter. AustralianSuper Pty Ltd now owns 817,592 shares of the online travel company’s stock valued at $121,020,000 after buying an additional 64,332 shares during the last quarter. Finally, Acadian Asset Management LLC raised its stake in Expedia Group by 414.4% during the first quarter. Acadian Asset Management LLC now owns 686,244 shares of the online travel company’s stock valued at $94,512,000 after buying an additional 552,831 shares in the last quarter. Institutional investors and hedge funds own 90.76% of the company’s stock.

Expedia Group Price Performance

NASDAQ EXPE opened at $182.00 on Wednesday. Expedia Group, Inc. has a 12 month low of $107.25 and a 12 month high of $190.40. The firm has a market capitalization of $23.69 billion, a PE ratio of 23.42, a P/E/G ratio of 0.70 and a beta of 1.78. The company’s 50 day simple moving average is $150.71 and its 200 day simple moving average is $133.78. The company has a debt-to-equity ratio of 2.45, a current ratio of 0.76 and a quick ratio of 0.76.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on EXPE. Wedbush boosted their price target on Expedia Group from $130.00 to $180.00 and gave the company a “neutral” rating in a report on Friday, November 8th. UBS Group boosted their target price on shares of Expedia Group from $137.00 to $156.00 and gave the company a “neutral” rating in a research note on Wednesday, October 23rd. Susquehanna raised their price target on shares of Expedia Group from $145.00 to $190.00 and gave the stock a “neutral” rating in a research report on Monday. Truist Financial initiated coverage on shares of Expedia Group in a research report on Friday, September 6th. They set a “hold” rating and a $148.00 price objective for the company. Finally, Cantor Fitzgerald reissued a “neutral” rating and issued a $130.00 target price on shares of Expedia Group in a report on Monday, October 7th. Twenty investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, Expedia Group currently has an average rating of “Hold” and a consensus price target of $161.62.

Insider Buying and Selling at Expedia Group

In other news, insider Robert J. Dzielak sold 12,602 shares of the business’s stock in a transaction on Thursday, August 15th. The stock was sold at an average price of $131.50, for a total value of $1,657,163.00. Following the sale, the insider now owns 89,960 shares of the company’s stock, valued at approximately $11,829,740. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other news, Director Dara Khosrowshahi sold 10,000 shares of the firm’s 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 completion of the transaction, the director now owns 188,505 shares in the company, valued at approximately $29,570,779.35. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Robert J. Dzielak sold 12,602 shares of the business’s stock in a transaction that occurred on Thursday, August 15th. The stock was sold at an average price of $131.50, for a total transaction of $1,657,163.00. Following the completion of the sale, the insider now owns 89,960 shares in the company, valued at $11,829,740. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 48,019 shares of company stock valued at $6,958,891. 6.80% of the stock is owned by corporate insiders.

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.