Versant Capital Management Inc Acquires 419 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

Versant Capital Management Inc boosted its holdings in Expedia Group, Inc. (NASDAQ:EXPE) by 299.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 559 shares of the online travel company’s stock after purchasing an additional 419 shares during the quarter. Versant Capital Management Inc’s holdings in Expedia Group were worth $104,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Venturi Wealth Management LLC lifted its position in shares of Expedia Group by 709.8% during the 3rd quarter. Venturi Wealth Management LLC now owns 332 shares of the online travel company’s stock valued at $49,000 after acquiring an additional 291 shares during the period. Brooklyn Investment Group acquired a new stake in Expedia Group in the third quarter worth $51,000. Future Financial Wealth Managment LLC bought a new stake in Expedia Group in the third quarter valued at $74,000. Ashton Thomas Securities LLC acquired a new position in shares of Expedia Group during the third quarter valued at about $118,000. Finally, Blue Trust Inc. boosted its position in shares of Expedia Group by 296.3% during the 3rd quarter. Blue Trust Inc. now owns 860 shares of the online travel company’s stock worth $127,000 after purchasing an additional 643 shares in the last quarter. 90.76% of the stock is owned by institutional investors and hedge funds.

Expedia Group Stock Performance

Shares of EXPE stock opened at $186.09 on Friday. The firm’s 50 day moving average is $180.79 and its 200 day moving average is $151.67. The stock has a market capitalization of $23.88 billion, a P/E ratio of 23.95, a PEG ratio of 1.07 and a beta of 1.83. Expedia Group, Inc. has a 12 month low of $107.25 and a 12 month high of $192.34. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 2.03.

Insider Transactions at Expedia Group

In other news, insider Robert J. Dzielak sold 1,951 shares of the firm’s stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $180.00, for a total value of $351,180.00. Following the completion of the transaction, the insider now directly owns 85,250 shares in the company, valued at approximately $15,345,000. This trade represents a 2.24 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Dara Khosrowshahi sold 10,000 shares of the company’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 sale, the director now directly owns 168,505 shares in the company, valued at $31,198,700.75. This trade represents a 5.60 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 28,951 shares of company stock valued at $5,045,310 over the last three months. Company insiders own 6.80% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently commented on EXPE shares. BTIG Research boosted their target price on Expedia Group from $175.00 to $200.00 and gave the company a “buy” rating in a research report on Friday, November 8th. JPMorgan Chase & Co. boosted their price objective on Expedia Group from $135.00 to $170.00 and gave the company a “neutral” rating in a report on Friday, November 8th. Wedbush lifted their price target on shares of Expedia Group from $130.00 to $180.00 and gave the company a “neutral” rating in a research report on Friday, November 8th. UBS Group upped their price objective on shares of Expedia Group from $137.00 to $156.00 and gave the stock a “neutral” rating in a report on Wednesday, October 23rd. Finally, Wells Fargo & Company raised their price objective on shares of Expedia Group from $130.00 to $159.00 and gave the company an “equal weight” rating in a research note on Tuesday, October 8th. Twenty investment analysts have rated the stock with a hold rating, eight have given a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat, Expedia Group currently has an average rating of “Hold” and an average target price of $169.77.

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.