Farther Finance Advisors LLC Sells 936 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

Farther Finance Advisors LLC reduced its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 68.1% in the 3rd quarter, Holdings Channel.com reports. The fund owned 438 shares of the online travel company’s stock after selling 936 shares during the period. Farther Finance Advisors LLC’s holdings in Expedia Group were worth $65,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of EXPE. Innealta Capital LLC bought a new stake in Expedia Group in the second quarter valued at approximately $27,000. Blue Trust Inc. lifted its holdings in shares of Expedia Group by 93.8% in the second quarter. Blue Trust Inc. now owns 217 shares of the online travel company’s stock worth $30,000 after acquiring an additional 105 shares during the last quarter. Crewe Advisors LLC bought a new stake in Expedia Group during the 1st quarter worth $40,000. LRI Investments LLC bought a new stake in shares of Expedia Group in the first quarter worth $48,000. Finally, Cedar Wealth Management LLC acquired a new stake in shares of Expedia Group during the first quarter worth $49,000. Institutional investors own 90.76% of the company’s stock.

Expedia Group Price Performance

Shares of EXPE stock opened at $182.00 on Wednesday. The business’s 50 day moving average price is $150.71 and its 200-day moving average price is $133.78. Expedia Group, Inc. has a fifty-two week low of $107.25 and a fifty-two week high of $190.40. The company has a debt-to-equity ratio of 2.45, a quick ratio of 0.76 and a current ratio of 0.76. The firm has a market cap of $23.69 billion, a P/E ratio of 23.72, a P/E/G ratio of 0.70 and a beta of 1.78.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the company. Truist Financial started coverage on Expedia Group in a report on Friday, September 6th. They issued a “hold” rating and a $148.00 target price on the stock. Royal Bank of Canada restated a “sector perform” rating and set a $140.00 price target on shares of Expedia Group in a research note on Friday, August 9th. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $130.00 target price on shares of Expedia Group in a report on Monday, October 7th. Oppenheimer increased their price objective on Expedia Group from $155.00 to $210.00 and gave the stock an “outperform” rating in a research report on Friday, November 8th. Finally, DA Davidson restated a “neutral” rating and issued a $135.00 price objective on shares of Expedia Group in a research report on Friday, August 9th. Twenty research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $161.62.

Insider Activity at Expedia Group

In other Expedia Group news, insider Robert J. Dzielak sold 12,602 shares of the stock in a transaction on Thursday, August 15th. The stock was sold at an average price of $131.50, for a total value of $1,657,163.00. Following the completion of the transaction, the insider now owns 89,960 shares in the company, valued at approximately $11,829,740. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In related news, insider Robert J. Dzielak sold 12,602 shares of the stock in a transaction dated Thursday, August 15th. The shares were sold at an average price of $131.50, for a total transaction of $1,657,163.00. Following the sale, the insider now directly owns 89,960 shares of the company’s stock, valued at approximately $11,829,740. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Dara Khosrowshahi sold 10,000 shares of the business’s 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 completion of the transaction, the director now owns 208,505 shares of the company’s stock, valued at $31,319,536.05. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 48,019 shares of company stock worth $6,958,891 over the last 90 days. 6.80% of the stock is owned by company insiders.

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.