Toronto Dominion Bank Acquires 7,425 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

Toronto Dominion Bank increased its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 19.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 44,710 shares of the online travel company’s stock after acquiring an additional 7,425 shares during the quarter. Toronto Dominion Bank’s holdings in Expedia Group were worth $6,618,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Windacre Partnership LLC grew its position in Expedia Group by 49.5% in the 3rd quarter. Windacre Partnership LLC now owns 4,323,700 shares of the online travel company’s stock worth $639,994,000 after purchasing an additional 1,431,500 shares during the last quarter. Pacer Advisors Inc. grew its position in Expedia Group by 22.5% during the third quarter. Pacer Advisors Inc. now owns 3,250,710 shares of the online travel company’s stock worth $481,170,000 after buying an additional 596,510 shares in the last quarter. Geode Capital Management LLC increased its stake in Expedia Group by 0.6% during the third quarter. Geode Capital Management LLC now owns 3,197,927 shares of the online travel company’s stock valued at $472,212,000 after acquiring an additional 20,005 shares during the period. Fisher Asset Management LLC raised its holdings in Expedia Group by 9.4% in the 3rd quarter. Fisher Asset Management LLC now owns 1,689,485 shares of the online travel company’s stock valued at $250,078,000 after acquiring an additional 144,579 shares in the last quarter. Finally, Alkeon Capital Management LLC lifted its position in shares of Expedia Group by 46.3% in the 3rd quarter. Alkeon Capital Management LLC now owns 1,576,472 shares of the online travel company’s stock worth $233,349,000 after acquiring an additional 498,934 shares during the period. 90.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Expedia Group

In other news, Director Dara Khosrowshahi sold 10,000 shares of the stock in a transaction on Friday, September 27th. The stock was sold at an average price of $150.21, for a total value of $1,502,100.00. Following the transaction, the director now owns 208,505 shares of the company’s stock, valued at $31,319,536.05. This represents a 4.58 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Robert J. Dzielak sold 1,951 shares of the firm’s 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 completion of the transaction, the insider now owns 85,250 shares in the company, valued at $15,345,000. This represents a 2.24 % decrease in their ownership of the stock. 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 90 days. Insiders own 6.80% of the company’s stock.

Expedia Group Stock Down 0.8 %

NASDAQ EXPE opened at $183.00 on Friday. The stock has a market capitalization of $23.49 billion, a P/E ratio of 23.55, a price-to-earnings-growth ratio of 1.07 and a beta of 1.84. Expedia Group, Inc. has a 52 week low of $107.25 and a 52 week high of $192.34. The company has a debt-to-equity ratio of 2.03, a quick ratio of 0.73 and a current ratio of 0.73. The stock has a fifty day moving average of $171.80 and a 200-day moving average of $144.92.

Analysts Set New Price Targets

A number of research analysts recently commented on EXPE shares. Baird R W upgraded Expedia Group to a “strong-buy” rating in a research note on Wednesday, November 27th. Benchmark increased their price objective on shares of Expedia Group from $180.00 to $200.00 and gave the company a “buy” rating in a research note on Friday, November 8th. Cantor Fitzgerald reiterated a “neutral” rating and set a $130.00 target price on shares of Expedia Group in a research report on Monday, October 7th. BTIG Research increased their price target on shares of Expedia Group from $175.00 to $200.00 and gave the stock a “buy” rating in a research report on Friday, November 8th. Finally, Deutsche Bank Aktiengesellschaft downgraded Expedia Group from a “buy” rating to a “hold” rating in a report on Friday, November 8th. Twenty equities 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. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $167.67.

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.