First Horizon Advisors Inc. Acquires 129 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

First Horizon Advisors Inc. boosted its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 10.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,344 shares of the online travel company’s stock after purchasing an additional 129 shares during the quarter. First Horizon Advisors Inc.’s holdings in Expedia Group were worth $199,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Pacer Advisors Inc. raised 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 buying an additional 714,229 shares during the last quarter. Point72 Asset Management L.P. grew its stake in Expedia Group by 1,649.4% during the second quarter. Point72 Asset Management L.P. now owns 407,605 shares of the online travel company’s stock valued at $51,354,000 after acquiring an additional 384,305 shares in the last quarter. AustralianSuper Pty Ltd increased its holdings in Expedia Group by 88.8% in the 2nd quarter. AustralianSuper Pty Ltd now owns 753,260 shares of the online travel company’s stock valued at $94,903,000 after acquiring an additional 354,389 shares during the last quarter. Marshall Wace LLP purchased a new stake in Expedia Group in the 2nd quarter worth $39,183,000. Finally, Rokos Capital Management LLP bought a new position in shares of Expedia Group during the 1st quarter valued at about $25,514,000. 90.76% of the stock is owned by hedge funds and other institutional investors.

Expedia Group Trading Up 0.8 %

NASDAQ EXPE opened at $184.92 on Friday. The stock has a market cap of $23.73 billion, a PE ratio of 23.80, a PEG ratio of 0.69 and a beta of 1.78. Expedia Group, Inc. has a 12 month low of $107.25 and a 12 month high of $190.40. The company’s 50-day moving average price is $159.31 and its 200-day moving average price is $136.94. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 2.03.

Analyst Ratings Changes

Several brokerages have recently issued reports on EXPE. Deutsche Bank Aktiengesellschaft cut Expedia Group from a “buy” rating to a “hold” rating in a report on Friday, November 8th. Morgan Stanley upped their price objective on Expedia Group from $150.00 to $180.00 and gave the stock an “equal weight” rating in a report on Friday. Piper Sandler reiterated a “neutral” rating and set a $140.00 target price (down from $145.00) on shares of Expedia Group in a research report on Friday, August 9th. Truist Financial initiated coverage on shares of Expedia Group in a research report on Friday, September 6th. They issued a “hold” rating and a $148.00 price target on the stock. Finally, Royal Bank of Canada reiterated a “sector perform” rating and set a $140.00 price objective on shares of Expedia Group in a research report on Friday, August 9th. Twenty analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $165.46.

Insider Buying and Selling at Expedia Group

In other news, Director Dara Khosrowshahi sold 10,000 shares of Expedia Group 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 completion of the sale, the director now owns 198,505 shares of the company’s stock, valued at approximately $29,811,480.90. The trade was a 4.80 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO Lance A. Soliday sold 7,000 shares of the business’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 sale, the chief accounting officer now 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 sold a total of 38,951 shares of company stock valued at $6,197,710 in the last three months. Company insiders own 6.80% of the company’s stock.

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.