Integrated Investment Consultants LLC Lowers Stock Position in Expedia Group, Inc. (NASDAQ:EXPE)

Integrated Investment Consultants LLC reduced its stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 28.8% during the fourth quarter, Holdings Channel reports. The institutional investor owned 2,537 shares of the online travel company’s stock after selling 1,025 shares during the period. Integrated Investment Consultants LLC’s holdings in Expedia Group were worth $473,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in EXPE. Venturi Wealth Management LLC lifted its holdings in Expedia Group by 709.8% in the 3rd quarter. Venturi Wealth Management LLC now owns 332 shares of the online travel company’s stock worth $49,000 after purchasing an additional 291 shares in the last quarter. Brooklyn Investment Group purchased a new position in Expedia Group in the 3rd quarter worth approximately $51,000. Future Financial Wealth Managment LLC purchased a new position in Expedia Group in the 3rd quarter worth approximately $74,000. Versant Capital Management Inc lifted its holdings in Expedia Group by 299.3% in the 4th quarter. Versant Capital Management Inc now owns 559 shares of the online travel company’s stock worth $104,000 after purchasing an additional 419 shares in the last quarter. Finally, Ashton Thomas Securities LLC bought a new stake in Expedia Group in the 3rd quarter worth approximately $118,000. 90.76% of the stock is owned by hedge funds and other institutional investors.

Expedia Group Price Performance

Shares of EXPE stock opened at $187.28 on Friday. Expedia Group, Inc. has a twelve month low of $107.25 and a twelve month high of $192.34. The stock has a market capitalization of $24.04 billion, a price-to-earnings ratio of 24.10, a P/E/G ratio of 0.81 and a beta of 1.83. The stock has a fifty day simple moving average of $184.66 and a two-hundred day simple moving average of $155.92. 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

A number of research firms have issued reports on EXPE. Robert W. Baird began coverage on Expedia Group in a research note on Wednesday, November 27th. They issued an “outperform” rating and a $225.00 price objective on the stock. The Goldman Sachs Group lifted their price objective on Expedia Group from $208.00 to $236.00 and gave the stock a “buy” rating in a research note on Friday, January 10th. Melius Research raised Expedia Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 6th. Argus lifted their price objective on Expedia Group from $210.00 to $220.00 and gave the stock a “buy” rating in a research note on Friday, January 10th. Finally, Wedbush lifted their price objective on Expedia Group from $130.00 to $180.00 and gave the stock a “neutral” rating in a research note on Friday, November 8th. Twenty equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and three have given a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $175.96.

Insiders Place Their Bets

In other Expedia Group news, Director Dara Khosrowshahi sold 10,000 shares of the company’s stock in a transaction on Friday, November 1st. The stock was sold at an average price of $156.87, for a total value of $1,568,700.00. Following the completion of the sale, the director now directly owns 188,505 shares in the company, valued at approximately $29,570,779.35. This represents a 5.04 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Robert J. Dzielak sold 1,951 shares of the company’s stock in a transaction 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 completion of the sale, the insider now owns 85,250 shares of the company’s stock, valued at $15,345,000. This represents a 2.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 28,951 shares of company stock worth $5,045,310. 6.80% of the stock is currently owned by company insiders.

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.