UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Sells 20,569 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed its stake in Expedia Group, Inc. (NASDAQ:EXPE) by 2.6% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 780,679 shares of the online travel company’s stock after selling 20,569 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.60% of Expedia Group worth $115,556,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of EXPE. Empirical Finance LLC boosted its stake in Expedia Group by 1.3% in the 3rd quarter. Empirical Finance LLC now owns 4,754 shares of the online travel company’s stock worth $704,000 after purchasing an additional 63 shares in the last quarter. Venture Visionary Partners LLC lifted its stake in shares of Expedia Group by 0.6% in the third quarter. Venture Visionary Partners LLC now owns 11,367 shares of the online travel company’s stock worth $1,683,000 after buying an additional 64 shares in the last quarter. GHE LLC grew its holdings in shares of Expedia Group by 1.0% during the third quarter. GHE LLC now owns 6,689 shares of the online travel company’s stock valued at $980,000 after buying an additional 69 shares during the last quarter. AdvisorShares Investments LLC increased its position in shares of Expedia Group by 7.1% during the second quarter. AdvisorShares Investments LLC now owns 1,517 shares of the online travel company’s stock valued at $186,000 after acquiring an additional 100 shares in the last quarter. Finally, Bleakley Financial Group LLC raised its holdings in Expedia Group by 5.2% in the 3rd quarter. Bleakley Financial Group LLC now owns 2,076 shares of the online travel company’s stock worth $307,000 after acquiring an additional 102 shares during the last quarter. 90.76% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Expedia Group

In related news, insider Robert J. Dzielak sold 1,951 shares of the business’s stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $180.00, for a total value of $351,180.00. Following the transaction, the insider now directly owns 85,250 shares of the company’s stock, valued at approximately $15,345,000. The trade was a 2.24 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Dara Khosrowshahi sold 10,000 shares of the stock in a transaction that occurred on Friday, October 4th. The shares were sold at an average price of $150.18, for a total transaction of $1,501,800.00. Following the sale, the director now directly owns 198,505 shares of the company’s stock, valued at approximately $29,811,480.90. This trade represents a 4.80 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 38,951 shares of company stock valued at $6,197,710 over the last 90 days. Company insiders own 6.80% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have commented on EXPE shares. Citigroup lifted their target price on Expedia Group from $140.00 to $145.00 and gave the stock a “neutral” rating in a report on Friday, August 9th. DA Davidson lifted their price objective on Expedia Group from $135.00 to $190.00 and gave the stock a “neutral” rating in a report on Monday, November 18th. 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 report on Tuesday, October 22nd. Truist Financial assumed coverage on shares of Expedia Group in a report on Friday, September 6th. They set a “hold” rating and a $148.00 price objective for the company. Finally, BTIG Research raised their target price on shares of Expedia Group from $175.00 to $200.00 and gave the stock a “buy” rating in a report on Friday, November 8th. Twenty investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $167.67.

Expedia Group Trading Down 0.2 %

Shares of Expedia Group stock opened at $184.62 on Monday. 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 2.03, a quick ratio of 0.73 and a current ratio of 0.73. The company has a market capitalization of $23.70 billion, a P/E ratio of 23.76, a P/E/G ratio of 0.73 and a beta of 1.78. The company has a fifty day moving average of $163.80 and a 200 day moving average of $139.83.

Expedia Group Company 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.