Fortem Financial Group LLC Purchases 100 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

Fortem Financial Group LLC boosted its position in Expedia Group, Inc. (NASDAQ:EXPE) by 4.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,450 shares of the online travel company’s stock after acquiring an additional 100 shares during the period. Fortem Financial Group LLC’s holdings in Expedia Group were worth $457,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Venturi Wealth Management LLC grew its position 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 worth $49,000 after buying an additional 291 shares during the period. Brooklyn Investment Group bought a new position in Expedia Group in the third quarter valued at approximately $51,000. Future Financial Wealth Managment LLC bought a new position in Expedia Group in the third quarter valued at approximately $74,000. Versant Capital Management Inc grew its holdings in Expedia Group by 299.3% during 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 period. Finally, Ashton Thomas Securities LLC bought a new stake in shares of Expedia Group during the 3rd quarter valued at $118,000. 90.76% of the stock is currently owned by institutional investors and hedge funds.

Expedia Group Stock Down 1.1 %

EXPE traded down $1.99 on Monday, hitting $184.10. 902,295 shares of the company were exchanged, compared to its average volume of 888,442. 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’s fifty day moving average is $180.79 and its 200-day moving average is $152.05. The company has a market cap of $23.63 billion, a PE ratio of 23.69, a PEG ratio of 1.07 and a beta of 1.83. Expedia Group, Inc. has a 12 month low of $107.25 and a 12 month high of $192.34.

Wall Street Analysts Forecast Growth

EXPE has been the topic of several recent research reports. JMP Securities restated a “market perform” rating on shares of Expedia Group in a research report on Monday, December 16th. Barclays boosted their target price on Expedia Group from $134.00 to $153.00 and gave the stock an “equal weight” rating in a research report on Friday, November 8th. StockNews.com upgraded shares of Expedia Group from a “buy” rating to a “strong-buy” rating in a research report on Saturday, December 14th. JPMorgan Chase & Co. lifted their price objective on shares of Expedia Group from $135.00 to $170.00 and gave the stock a “neutral” rating in a research note on Friday, November 8th. Finally, TD Cowen downgraded shares of Expedia Group from a “buy” rating to a “hold” rating and upped their target price for the company from $130.00 to $150.00 in a research note on Wednesday, September 25th. Twenty investment analysts have rated the stock with a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $171.63.

Insider Transactions at Expedia Group

In other news, insider Robert J. Dzielak sold 1,951 shares of the company’s stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $180.00, for a total value of $351,180.00. Following the sale, the insider now directly owns 85,250 shares of the company’s stock, valued at approximately $15,345,000. This represents a 2.24 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Lance A. Soliday sold 7,000 shares of the firm’s stock in a transaction dated Thursday, November 14th. The shares were sold at an average price of $181.99, for a total transaction of $1,273,930.00. Following the completion of the sale, the chief accounting officer now owns 11,187 shares of the company’s stock, valued at $2,035,922.13. This trade represents a 38.49 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 28,951 shares of company stock worth $5,045,310 in the last 90 days. Corporate insiders own 6.80% of the company’s stock.

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.