Fiduciary Alliance LLC Makes New $450,000 Investment in Expedia Group, Inc. (NASDAQ:EXPE)

Fiduciary Alliance LLC purchased a new position in shares of Expedia Group, Inc. (NASDAQ:EXPE) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 2,417 shares of the online travel company’s stock, valued at approximately $450,000.

Other large investors have also recently made changes to their positions in the company. Venturi Wealth Management LLC boosted its holdings in 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 acquiring an additional 291 shares during the period. Brooklyn Investment Group bought a new stake in Expedia Group in the third quarter valued at approximately $51,000. Future Financial Wealth Managment LLC bought a new stake in Expedia Group in the third quarter valued at approximately $74,000. Versant Capital Management Inc boosted its stake in shares of 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 purchasing an additional 419 shares during the period. Finally, Ashton Thomas Securities LLC bought a new position in shares of Expedia Group in the third quarter worth approximately $118,000. 90.76% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, Director Dara Khosrowshahi sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, November 1st. The shares were sold at an average price of $156.87, for a total value of $1,568,700.00. Following the completion of the transaction, the director now directly owns 188,505 shares in the company, valued at $29,570,779.35. The trade was a 5.04 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Lance A. Soliday sold 7,000 shares of the company’s stock in a transaction that occurred on Thursday, November 14th. The shares were sold at an average price of $181.99, for a total value of $1,273,930.00. Following the completion of the transaction, the chief accounting officer now directly owns 11,187 shares in the company, 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. Over the last ninety days, insiders sold 28,951 shares of company stock valued at $5,045,310. Insiders own 6.80% of the company’s stock.

Expedia Group Price Performance

EXPE opened at $183.19 on Wednesday. Expedia Group, Inc. has a 1 year low of $107.25 and a 1 year high of $192.34. The stock has a 50-day moving average price of $183.94 and a 200-day moving average price of $154.78. The firm has a market cap of $23.51 billion, a PE ratio of 23.58, a P/E/G ratio of 1.03 and a beta of 1.83. The company has a debt-to-equity ratio of 2.03, a current ratio of 0.73 and a quick ratio of 0.73.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the stock. StockNews.com upgraded shares of Expedia Group from a “buy” rating to a “strong-buy” rating in a report on Saturday, December 14th. DA Davidson upped their price objective on shares of Expedia Group from $135.00 to $190.00 and gave the company a “neutral” rating in a research note on Monday, November 18th. Melius Research raised Expedia Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 6th. Morgan Stanley upped their price target on Expedia Group from $180.00 to $185.00 and gave the company an “equal weight” rating in a research report on Monday. Finally, Argus lifted their price objective on Expedia Group from $210.00 to $220.00 and gave the stock a “buy” rating in a research report on Friday, January 10th. Twenty analysts have rated the stock with a hold rating, ten have given a buy rating and three have issued a strong buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $175.64.

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.