Mutual of America Capital Management LLC Buys 615 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

Mutual of America Capital Management LLC boosted its stake in Expedia Group, Inc. (NASDAQ:EXPEGet Rating) by 3.1% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,672 shares of the online travel company’s stock after acquiring an additional 615 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Expedia Group were worth $1,960,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the stock. Mackenzie Financial Corp lifted its position in Expedia Group by 46.5% in the 2nd quarter. Mackenzie Financial Corp now owns 151,282 shares of the online travel company’s stock valued at $14,346,000 after acquiring an additional 48,003 shares in the last quarter. Cibc World Market Inc. lifted its position in Expedia Group by 13.2% in the 2nd quarter. Cibc World Market Inc. now owns 14,427 shares of the online travel company’s stock valued at $1,368,000 after acquiring an additional 1,683 shares in the last quarter. Eagle Asset Management Inc. lifted its position in Expedia Group by 56.4% during the 2nd quarter. Eagle Asset Management Inc. now owns 690,291 shares of the online travel company’s stock worth $65,460,000 after buying an additional 249,045 shares in the last quarter. Principal Financial Group Inc. lifted its position in Expedia Group by 6.1% during the 2nd quarter. Principal Financial Group Inc. now owns 197,986 shares of the online travel company’s stock worth $18,775,000 after buying an additional 11,389 shares in the last quarter. Finally, Desjardins Global Asset Management Inc. bought a new stake in Expedia Group during the 2nd quarter worth about $46,000. 97.43% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Expedia Group news, CAO Lance A. Soliday sold 635 shares of the stock in a transaction that occurred on Tuesday, November 15th. The shares were sold at an average price of $100.18, for a total transaction of $63,614.30. Following the transaction, the chief accounting officer now owns 8,949 shares in the company, valued at approximately $896,510.82. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other news, Director Jonathan L. Dolgen sold 1,000 shares of the company’s stock in a transaction that occurred on Wednesday, September 7th. The shares were sold at an average price of $101.55, for a total transaction of $101,550.00. Following the completion of the sale, the director now owns 37,779 shares of the company’s stock, valued at approximately $3,836,457.45. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CAO Lance A. Soliday sold 635 shares of the company’s stock in a transaction that occurred on Tuesday, November 15th. The stock was sold at an average price of $100.18, for a total transaction of $63,614.30. Following the sale, the chief accounting officer now directly owns 8,949 shares of the company’s stock, valued at approximately $896,510.82. The disclosure for this sale can be found here. Company insiders own 7.52% of the company’s stock.

Expedia Group Stock Performance

Shares of NASDAQ:EXPE opened at $100.88 on Thursday. The company’s 50 day moving average price is $96.05 and its two-hundred day moving average price is $104.43. Expedia Group, Inc. has a 12-month low of $85.02 and a 12-month high of $217.72. The firm has a market cap of $15.75 billion, a PE ratio of 36.95, a PEG ratio of 1.26 and a beta of 1.51. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 1.68.

Wall Street Analysts Forecast Growth

EXPE has been the topic of several analyst reports. Morgan Stanley cut their price target on shares of Expedia Group from $128.00 to $120.00 and set an “equal weight” rating on the stock in a research report on Monday, October 24th. Cowen cut their price target on shares of Expedia Group from $134.00 to $120.00 in a research report on Friday, November 4th. Credit Suisse Group cut their price target on shares of Expedia Group from $216.00 to $176.00 and set an “outperform” rating on the stock in a research report on Friday, November 4th. Atlantic Securities cut their price target on shares of Expedia Group to $125.00 in a research report on Tuesday, August 9th. Finally, Truist Financial dropped their target price on shares of Expedia Group from $185.00 to $175.00 and set a “buy” rating on the stock in a report on Friday, October 28th. Thirteen analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $151.68.

Expedia Group Company Profile

(Get Rating)

Expedia Group, Inc operates as an online travel company in the United States and internationally. The company operates through Retail, B2B, and trivago segments. Its brand portfolio include Brand Expedia, a full-service online travel brand with localized websites; Hotels.com for marketing and distributing lodging accommodations; Vrbo, an online marketplace for the alternative accommodations; Orbitz, Travelocity, and CheapTickets travel websites; ebookers, an online EMEA travel agent for travelers an array of travel options; Hotwire, which offers travel booking services; CarRentals.com, an online car rental booking service; Classic Vacations, a luxury travel specialist; and Expedia Cruise, a provider of advice for travelers booking cruises.

Further Reading

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Institutional Ownership by Quarter for Expedia Group (NASDAQ:EXPE)

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