MML Investors Services LLC Grows Stock Holdings in Expedia Group, Inc. (NASDAQ:EXPE)

MML Investors Services LLC boosted its position in Expedia Group, Inc. (NASDAQ:EXPE) by 8.0% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 11,508 shares of the online travel company’s stock after acquiring an additional 849 shares during the period. MML Investors Services LLC’s holdings in Expedia Group were worth $1,703,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Innealta Capital LLC purchased a new stake in shares of Expedia Group during the 2nd quarter valued at $27,000. Blue Trust Inc. grew its stake in shares of Expedia Group by 93.8% during the 2nd quarter. Blue Trust Inc. now owns 217 shares of the online travel company’s stock valued at $30,000 after buying an additional 105 shares during the period. Venturi Wealth Management LLC grew its stake in shares of Expedia Group by 709.8% during the 3rd quarter. Venturi Wealth Management LLC now owns 332 shares of the online travel company’s stock valued at $49,000 after buying an additional 291 shares during the period. Brooklyn Investment Group purchased a new stake in shares of Expedia Group during the 3rd quarter valued at $51,000. Finally, Strategic Financial Concepts LLC purchased a new stake in shares of Expedia Group during the 2nd quarter valued at $65,000. 90.76% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Expedia Group

In related news, insider Robert J. Dzielak sold 1,951 shares of the business’s stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $180.00, for a total transaction of $351,180.00. Following the completion of the sale, the insider now owns 85,250 shares of the company’s stock, valued at $15,345,000. This represents a 2.24 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Dara Khosrowshahi sold 10,000 shares of the business’s stock in a transaction dated 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 sale, the director now directly owns 198,505 shares of the company’s stock, 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. Insiders sold a total of 38,951 shares of company stock valued at $6,197,710 in the last quarter. Insiders own 6.80% of the company’s stock.

Expedia Group Stock Performance

Shares of Expedia Group stock opened at $180.64 on Wednesday. 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 1 year low of $107.25 and a 1 year high of $192.34. The firm’s 50-day simple moving average is $173.00 and its 200-day simple moving average is $146.16. The firm has a market cap of $23.18 billion, a PE ratio of 23.25, a price-to-earnings-growth ratio of 1.07 and a beta of 1.84.

Analysts Set New Price Targets

EXPE has been the subject of several research reports. Wedbush boosted their price objective on shares of Expedia Group from $130.00 to $180.00 and gave the company a “neutral” rating in a research note on Friday, November 8th. Deutsche Bank Aktiengesellschaft cut shares of Expedia Group from a “buy” rating to a “hold” rating in a research report on Friday, November 8th. JMP Securities reaffirmed a “market perform” rating on shares of Expedia Group in a research report on Monday. Truist Financial assumed coverage on shares of Expedia Group in a research report on Friday, September 6th. They set a “hold” rating and a $148.00 price target for the company. Finally, StockNews.com raised shares of Expedia Group from a “buy” rating to a “strong-buy” rating in a research report on Saturday. Twenty-one research analysts have rated the stock with a hold rating, eight have assigned a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Expedia Group currently has a consensus rating of “Hold” and a consensus target price of $167.67.

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.