Central Bank & Trust Co. Has $865,000 Stock Position in Expedia Group, Inc. (NASDAQ:EXPE)

Central Bank & Trust Co. cut its stake in Expedia Group, Inc. (NASDAQ:EXPE) by 6.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,643 shares of the online travel company’s stock after selling 346 shares during the period. Central Bank & Trust Co.’s holdings in Expedia Group were worth $865,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of EXPE. Vanguard Personalized Indexing Management LLC raised its stake in Expedia Group by 9.1% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 10,631 shares of the online travel company’s stock worth $1,335,000 after acquiring an additional 883 shares in the last quarter. Canada Pension Plan Investment Board grew its holdings in shares of Expedia Group by 144.5% in the 2nd quarter. Canada Pension Plan Investment Board now owns 25,742 shares of the online travel company’s stock worth $3,243,000 after purchasing an additional 15,215 shares during the last quarter. Ensign Peak Advisors Inc increased its position in shares of Expedia Group by 32.4% during the 2nd quarter. Ensign Peak Advisors Inc now owns 97,722 shares of the online travel company’s stock worth $12,312,000 after purchasing an additional 23,895 shares in the last quarter. ProShare Advisors LLC lifted its holdings in Expedia Group by 4.4% during the 2nd quarter. ProShare Advisors LLC now owns 17,326 shares of the online travel company’s stock valued at $2,183,000 after purchasing an additional 735 shares during the last quarter. Finally, Public Sector Pension Investment Board lifted its holdings in Expedia Group by 45.3% during the 2nd quarter. Public Sector Pension Investment Board now owns 4,341 shares of the online travel company’s stock valued at $547,000 after purchasing an additional 1,354 shares during the last quarter. Institutional investors own 90.76% of the company’s stock.

Insider Buying and Selling

In related news, insider Robert J. Dzielak sold 1,951 shares of the stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $180.00, for a total transaction of $351,180.00. Following the completion of the sale, the insider now directly owns 85,250 shares of the company’s stock, valued at approximately $15,345,000. This represents a 2.24 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Dara Khosrowshahi sold 10,000 shares of the firm’s stock in a transaction that occurred on Friday, November 1st. The stock was sold at an average price of $156.87, for a total transaction of $1,568,700.00. Following the sale, the director now owns 188,505 shares in the company, valued at $29,570,779.35. This trade represents a 5.04 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 28,951 shares of company stock valued at $5,045,310. 6.80% of the stock is owned by company insiders.

Analyst Ratings Changes

Several analysts have weighed in on EXPE shares. Benchmark upped their price objective on shares of Expedia Group from $180.00 to $200.00 and gave the stock a “buy” rating in a research note on Friday, November 8th. Barclays increased their price target on Expedia Group from $153.00 to $166.00 and gave the stock an “equal weight” rating in a research report on Monday, January 13th. Jefferies Financial Group lifted their price objective on Expedia Group from $145.00 to $160.00 and gave the company a “hold” rating in a research report on Tuesday, October 22nd. The Goldman Sachs Group increased their target price on Expedia Group from $208.00 to $236.00 and gave the stock a “buy” rating in a report on Friday, January 10th. Finally, Melius raised Expedia Group from a “hold” rating to a “buy” rating and set a $220.00 price target for the company in a report on Monday, January 6th. Twenty analysts have rated the stock with a hold rating, ten have issued a buy rating and three have issued a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $175.96.

Expedia Group Trading Down 0.7 %

EXPE opened at $187.28 on Tuesday. Expedia Group, Inc. has a twelve month low of $107.25 and a twelve month high of $192.34. The firm has a market cap of $24.04 billion, a PE ratio of 24.10, a price-to-earnings-growth ratio of 0.81 and a beta of 1.83. 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 firm’s fifty day moving average is $184.66 and its two-hundred day moving average is $156.14.

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.