Expedia Group, Inc. (NASDAQ:EXPE) Shares Sold by Swedbank AB

Swedbank AB lessened its position in Expedia Group, Inc. (NASDAQ:EXPE) by 0.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 168,340 shares of the online travel company’s stock after selling 736 shares during the period. Swedbank AB owned about 0.13% of Expedia Group worth $24,918,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the company. Empirical Finance LLC raised its holdings in Expedia Group by 1.3% in the 3rd quarter. Empirical Finance LLC now owns 4,754 shares of the online travel company’s stock valued at $704,000 after acquiring an additional 63 shares during the last quarter. Venture Visionary Partners LLC increased its stake in Expedia Group by 0.6% in the third quarter. Venture Visionary Partners LLC now owns 11,367 shares of the online travel company’s stock valued at $1,683,000 after purchasing an additional 64 shares during the last quarter. GHE LLC lifted its position in Expedia Group by 1.0% during the third quarter. GHE LLC now owns 6,689 shares of the online travel company’s stock worth $980,000 after buying an additional 69 shares during the period. AdvisorShares Investments LLC boosted its stake in Expedia Group by 7.1% in the 2nd quarter. AdvisorShares Investments LLC now owns 1,517 shares of the online travel company’s stock worth $186,000 after buying an additional 100 shares during the last quarter. Finally, Bleakley Financial Group LLC grew its holdings in Expedia Group by 5.2% in the 3rd quarter. Bleakley Financial Group LLC now owns 2,076 shares of the online travel company’s stock valued at $307,000 after buying an additional 102 shares during the period. Hedge funds and other institutional investors own 90.76% of the company’s stock.

Expedia Group Trading Down 0.5 %

NASDAQ:EXPE opened at $184.08 on Tuesday. 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, Inc. has a one year low of $107.25 and a one year high of $190.40. The business’s 50-day simple moving average is $160.28 and its 200 day simple moving average is $137.80. The stock has a market cap of $23.63 billion, a price-to-earnings ratio of 23.69, a price-to-earnings-growth ratio of 0.73 and a beta of 1.78.

Insider Transactions at Expedia Group

In related news, insider Robert J. Dzielak sold 1,951 shares of Expedia Group stock in a transaction dated Thursday, November 21st. The stock was 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 directly 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Dara Khosrowshahi sold 10,000 shares of the stock in a transaction that occurred on Friday, October 4th. The stock was sold at an average price of $150.18, for a total value of $1,501,800.00. Following the transaction, the director now directly owns 198,505 shares in the company, valued at approximately $29,811,480.90. This represents a 4.80 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 38,951 shares of company stock valued at $6,197,710. 6.80% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on EXPE shares. Bank of America raised their target price on shares of Expedia Group from $144.00 to $166.00 and gave the stock a “neutral” rating in a research report on Friday, October 25th. Truist Financial began coverage on shares of Expedia Group in a research note on Friday, September 6th. They set a “hold” rating and a $148.00 price objective for the company. JPMorgan Chase & Co. increased their target price on Expedia Group from $135.00 to $170.00 and gave the stock a “neutral” rating in a research report on Friday, November 8th. Piper Sandler reissued a “neutral” rating and set a $140.00 price target (down previously from $145.00) on shares of Expedia Group in a research report on Friday, August 9th. Finally, Susquehanna raised their price objective on Expedia Group from $145.00 to $190.00 and gave the stock a “neutral” rating in a report on Monday, November 11th. Twenty investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $165.46.

About Expedia Group

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.