Oak Ridge Investments LLC Acquires 171 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

Oak Ridge Investments LLC raised its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 4.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,025 shares of the online travel company’s stock after buying an additional 171 shares during the quarter. Oak Ridge Investments LLC’s holdings in Expedia Group were worth $750,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Caprock Group LLC increased its position in shares of Expedia Group by 33.7% in the third quarter. Caprock Group LLC now owns 10,191 shares of the online travel company’s stock worth $1,508,000 after purchasing an additional 2,569 shares during the last quarter. Cozad Asset Management Inc. grew its stake in Expedia Group by 16.9% in the 3rd quarter. Cozad Asset Management Inc. now owns 30,823 shares of the online travel company’s stock worth $4,562,000 after buying an additional 4,449 shares in the last quarter. Robeco Institutional Asset Management B.V. increased its holdings in shares of Expedia Group by 13.1% in 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 buying an additional 75,120 shares during the last quarter. Integrated Investment Consultants LLC purchased a new stake in shares of Expedia Group during the 3rd quarter valued at $527,000. Finally, DoubleLine ETF Adviser LP bought a new stake in shares of Expedia Group during the 2nd quarter worth $465,000. 90.76% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the company. Wells Fargo & Company lowered their price target on Expedia Group from $172.00 to $168.00 and set an “equal weight” rating on the stock in a research report on Thursday. Morgan Stanley increased their price objective on Expedia Group from $180.00 to $185.00 and gave the company an “equal weight” rating in a research report on Monday, January 13th. JPMorgan Chase & Co. boosted their target price on Expedia Group from $135.00 to $170.00 and gave the stock a “neutral” rating in a research report on Friday, November 8th. Oppenheimer upped their target price on Expedia Group from $155.00 to $210.00 and gave the stock an “outperform” rating in a research note on Friday, November 8th. Finally, Jefferies Financial Group lifted their price target on shares of Expedia Group from $145.00 to $160.00 and gave the stock a “hold” rating in a research note on Tuesday, October 22nd. Twenty research analysts have rated the stock with a hold rating, ten have given a buy rating and three have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $175.96.

Insider Activity

In related news, Director Dara Khosrowshahi sold 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $185.15, for a total transaction of $1,851,500.00. Following the completion of the transaction, the director now owns 168,505 shares of the company’s stock, valued at $31,198,700.75. This trade represents a 5.60 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Lance A. Soliday sold 7,000 shares of the business’s stock in a transaction on Thursday, November 14th. The stock was 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 directly owns 11,187 shares in the company, valued at $2,035,922.13. This trade represents a 38.49 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 28,951 shares of company stock worth $5,045,310. Insiders own 6.80% of the company’s stock.

Expedia Group Trading Down 0.7 %

Shares of NASDAQ EXPE opened at $187.28 on Monday. Expedia Group, Inc. has a 1 year low of $107.25 and a 1 year high of $192.34. The company has a debt-to-equity ratio of 2.03, a current ratio of 0.73 and a quick ratio of 0.73. The firm has a 50-day moving average of $184.66 and a 200 day moving average of $156.14. The stock has a market cap of $24.04 billion, a P/E ratio of 24.10, a price-to-earnings-growth ratio of 0.81 and a beta of 1.83.

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.