Oppenheimer Asset Management Inc. Buys 503 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

Oppenheimer Asset Management Inc. boosted its position in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 2.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 17,784 shares of the online travel company’s stock after acquiring an additional 503 shares during the period. Oppenheimer Asset Management Inc.’s holdings in Expedia Group were worth $2,632,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Pacer Advisors Inc. increased its position in shares of Expedia Group by 36.8% during the second quarter. Pacer Advisors Inc. now owns 2,654,200 shares of the online travel company’s stock valued at $334,403,000 after purchasing an additional 714,229 shares during the period. Dimensional Fund Advisors LP boosted its stake in Expedia Group by 14.8% during the second quarter. Dimensional Fund Advisors LP now owns 1,054,485 shares of the online travel company’s stock worth $132,851,000 after buying an additional 135,973 shares in the last quarter. Clearbridge Investments LLC increased its holdings in Expedia Group by 3.1% in the 1st quarter. Clearbridge Investments LLC now owns 971,327 shares of the online travel company’s stock valued at $133,800,000 after buying an additional 29,294 shares during the period. AustralianSuper Pty Ltd raised its stake in shares of Expedia Group by 8.5% in the 3rd quarter. AustralianSuper Pty Ltd now owns 817,592 shares of the online travel company’s stock valued at $121,020,000 after buying an additional 64,332 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. lifted its holdings in shares of Expedia Group by 13.1% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 649,716 shares of the online travel company’s stock worth $96,171,000 after acquiring an additional 75,120 shares during the period. Institutional investors and hedge funds own 90.76% of the company’s stock.

Analyst Ratings Changes

EXPE has been the subject of several recent research reports. StockNews.com lowered shares of Expedia Group from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 9th. UBS Group increased their target price on Expedia Group from $137.00 to $156.00 and gave the stock a “neutral” rating in a report on Wednesday, October 23rd. TD Cowen lowered Expedia Group from a “buy” rating to a “hold” rating and boosted their price target for the company from $130.00 to $150.00 in a research note on Wednesday, September 25th. Susquehanna increased their price objective on Expedia Group from $145.00 to $190.00 and gave the stock a “neutral” rating in a research note on Monday, November 11th. Finally, Wells Fargo & Company boosted their target price on shares of Expedia Group from $130.00 to $159.00 and gave the company an “equal weight” rating in a research note on Tuesday, October 8th. Nineteen investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $162.68.

Insider Activity at Expedia Group

In related news, insider Robert J. Dzielak sold 5,417 shares of Expedia Group stock in a transaction that occurred on Monday, August 19th. The shares were sold at an average price of $134.60, for a total transaction of $729,128.20. Following the transaction, the insider now owns 84,543 shares of the company’s stock, valued at $11,379,487.80. This trade represents a 6.02 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Dara Khosrowshahi sold 10,000 shares of the business’s stock in a transaction that occurred 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 transaction, the director now owns 208,505 shares of the company’s stock, valued at approximately $31,319,536.05. This represents a 4.58 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 35,417 shares of company stock worth $5,301,728. 6.80% of the stock is owned by insiders.

Expedia Group Stock Performance

Shares of Expedia Group stock opened at $181.35 on Friday. The firm has a fifty day moving average of $154.45 and a two-hundred day moving average of $135.07. The company has a debt-to-equity ratio of 2.03, a quick ratio of 0.76 and a current ratio of 0.73. The stock has a market capitalization of $23.61 billion, a price-to-earnings ratio of 23.34, a PEG ratio of 0.71 and a beta of 1.78. Expedia Group, Inc. has a 52 week low of $107.25 and a 52 week high of $190.40.

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.