Integrated Investment Consultants LLC Takes Position in Expedia Group, Inc. (NASDAQ:EXPE)

Integrated Investment Consultants LLC purchased a new position in Expedia Group, Inc. (NASDAQ:EXPE) in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 3,562 shares of the online travel company’s stock, valued at approximately $527,000.

Other large investors have also made changes to their positions in the company. Innealta Capital LLC bought a new stake in shares of Expedia Group in the 2nd quarter valued at approximately $27,000. Blue Trust Inc. grew its holdings in shares of Expedia Group by 93.8% in the 2nd quarter. Blue Trust Inc. now owns 217 shares of the online travel company’s stock valued at $30,000 after acquiring an additional 105 shares in the last quarter. LRI Investments LLC acquired a new stake in Expedia Group in the 1st quarter valued at about $48,000. Venturi Wealth Management LLC lifted its stake in Expedia Group by 709.8% in the 3rd quarter. Venturi Wealth Management LLC now owns 332 shares of the online travel company’s stock valued at $49,000 after purchasing an additional 291 shares during the last quarter. Finally, Strategic Financial Concepts LLC acquired a new stake in Expedia Group during the second quarter worth approximately $65,000. Institutional investors and hedge funds own 90.76% of the company’s stock.

Expedia Group Stock Performance

Shares of EXPE stock opened at $183.51 on Friday. Expedia Group, Inc. has a 12 month low of $107.25 and a 12 month high of $190.40. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 2.03. The stock has a market capitalization of $23.55 billion, a P/E ratio of 23.62, a PEG ratio of 0.69 and a beta of 1.78. The firm’s 50 day moving average is $158.33 and its 200 day moving average is $136.47.

Insiders Place Their Bets

In other news, Director Dara Khosrowshahi sold 10,000 shares of the firm’s stock in a transaction on Friday, September 27th. The shares were sold at an average price of $150.21, for a total transaction of $1,502,100.00. Following the sale, the director now owns 208,505 shares in the company, valued at approximately $31,319,536.05. This trade represents a 4.58 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CAO Lance A. Soliday sold 7,000 shares of the firm’s stock in a transaction on 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 sale, the chief accounting officer now owns 11,187 shares in the company, valued at approximately $2,035,922.13. This trade represents a 38.49 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 37,000 shares of company stock worth $5,846,530 in the last three months. 6.80% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of brokerages recently issued reports on EXPE. Citigroup lifted their price objective on shares of Expedia Group from $140.00 to $145.00 and gave the company a “neutral” rating in a research note on Friday, August 9th. Susquehanna boosted their target price on shares of Expedia Group from $145.00 to $190.00 and gave the stock a “neutral” rating in a research report on Monday, November 11th. Piper Sandler reissued a “neutral” rating and set a $140.00 target price (down from $145.00) on shares of Expedia Group in a research report on Friday, August 9th. JPMorgan Chase & Co. upped their price objective on shares of Expedia Group from $135.00 to $170.00 and gave the stock a “neutral” rating in a research report on Friday, November 8th. Finally, Truist Financial initiated coverage on shares of Expedia Group in a research report on Friday, September 6th. They issued a “hold” rating and a $148.00 price objective for the company. Nineteen investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $164.88.

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.