Expedia Group, Inc. (NASDAQ:EXPE) Shares Bought by GAMMA Investing LLC

GAMMA Investing LLC lifted its position in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 33.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,937 shares of the online travel company’s stock after purchasing an additional 486 shares during the quarter. GAMMA Investing LLC’s holdings in Expedia Group were worth $361,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Versant Capital Management Inc grew its position in Expedia Group by 299.3% during the fourth quarter. Versant Capital Management Inc now owns 559 shares of the online travel company’s stock valued at $104,000 after buying an additional 419 shares during the period. Oddo BHF Asset Management Sas acquired a new stake in shares of Expedia Group during the 3rd quarter valued at about $1,930,000. Optimist Retirement Group LLC purchased a new position in shares of Expedia Group in the 3rd quarter valued at about $246,000. Wilmington Savings Fund Society FSB acquired a new position in Expedia Group in the 3rd quarter worth about $2,958,000. Finally, Sanctuary Advisors LLC boosted its position in Expedia Group by 6.8% during the third quarter. Sanctuary Advisors LLC now owns 9,124 shares of the online travel company’s stock worth $1,351,000 after purchasing an additional 584 shares in the last quarter. 90.76% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Expedia Group

In other news, Director Dara Khosrowshahi sold 10,000 shares of the company’s stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $185.15, for a total value of $1,851,500.00. Following the transaction, the director now directly owns 168,505 shares in the company, valued at approximately $31,198,700.75. This represents a 5.60 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CAO Lance A. Soliday sold 7,000 shares of the stock in a transaction that occurred on Thursday, November 14th. The stock was sold at an average price of $181.99, for a total transaction of $1,273,930.00. Following the transaction, the chief accounting officer now directly owns 11,187 shares of the company’s stock, valued at $2,035,922.13. The trade was a 38.49 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 28,951 shares of company stock valued at $5,045,310 over the last 90 days. 6.80% of the stock is owned by insiders.

Expedia Group Stock Performance

NASDAQ EXPE opened at $184.99 on Tuesday. The stock has a fifty day simple moving average of $181.33 and a 200-day simple moving average of $152.47. 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 cap of $23.74 billion, a PE ratio of 23.81, a P/E/G ratio of 1.07 and a beta of 1.83. Expedia Group, Inc. has a twelve month low of $107.25 and a twelve month high of $192.34.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on EXPE shares. Melius raised Expedia Group from a “hold” rating to a “buy” rating and set a $220.00 target price for the company in a research note on Monday. Cantor Fitzgerald restated a “neutral” rating and set a $130.00 price objective on shares of Expedia Group in a research report on Monday, October 7th. Oppenheimer lifted their target price on shares of Expedia Group from $155.00 to $210.00 and gave the company an “outperform” rating in a research report on Friday, November 8th. Deutsche Bank Aktiengesellschaft cut shares of Expedia Group from a “buy” rating to a “hold” rating in a research note on Friday, November 8th. Finally, Jefferies Financial Group raised their price target on shares of Expedia Group from $145.00 to $160.00 and gave the company a “hold” rating in a research note on Tuesday, October 22nd. Twenty investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $171.63.

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.