18,358 Shares in Expedia Group, Inc. $EXPE Acquired by Caprock Group LLC

Caprock Group LLC bought a new stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 18,358 shares of the online travel company’s stock, valued at approximately $3,951,000.

Several other institutional investors have also added to or reduced their stakes in the business. Norges Bank bought a new stake in shares of Expedia Group during the 2nd quarter valued at $663,882,000. AQR Capital Management LLC lifted its position in Expedia Group by 102.0% during the second quarter. AQR Capital Management LLC now owns 2,917,669 shares of the online travel company’s stock valued at $492,152,000 after purchasing an additional 1,473,386 shares in the last quarter. LSV Asset Management grew its holdings in Expedia Group by 497.0% during the second quarter. LSV Asset Management now owns 871,837 shares of the online travel company’s stock valued at $147,061,000 after purchasing an additional 725,797 shares during the period. Meridiem Capital Partners LP purchased a new stake in Expedia Group in the second quarter worth about $26,131,000. Finally, Natixis raised its stake in shares of Expedia Group by 1,175.3% in the second quarter. Natixis now owns 166,372 shares of the online travel company’s stock worth $28,064,000 after buying an additional 153,326 shares during the period. 90.76% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages recently issued reports on EXPE. Barclays increased their target price on shares of Expedia Group from $220.00 to $245.00 and gave the stock an “equal weight” rating in a report on Wednesday, January 21st. BNP Paribas Exane started coverage on shares of Expedia Group in a research note on Monday, November 24th. They issued a “hold” rating for the company. Sanford C. Bernstein raised their price objective on shares of Expedia Group from $210.00 to $256.00 and gave the company a “market perform” rating in a research report on Tuesday, January 6th. Deutsche Bank Aktiengesellschaft increased their price target on Expedia Group from $235.00 to $245.00 and gave the stock a “hold” rating in a research note on Wednesday, February 4th. Finally, UBS Group boosted their price objective on Expedia Group from $257.00 to $270.00 and gave the company a “neutral” rating in a research report on Tuesday, February 3rd. Fourteen analysts have rated the stock with a Buy rating and twenty have given a Hold rating to the stock. According to data from MarketBeat.com, Expedia Group presently has a consensus rating of “Hold” and a consensus target price of $292.23.

Insiders Place Their Bets

In other news, Director Madhumita Moina Banerjee sold 1,000 shares of the business’s stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $258.00, for a total value of $258,000.00. Following the sale, the director directly owned 2,916 shares in the company, valued at $752,328. The trade was a 25.54% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CAO Lance A. Soliday sold 849 shares of the company’s stock in a transaction dated Friday, November 21st. The shares were sold at an average price of $248.08, for a total transaction of $210,619.92. Following the sale, the chief accounting officer owned 11,662 shares in the company, valued at $2,893,108.96. This represents a 6.79% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 9.13% of the company’s stock.

Expedia Group Stock Down 3.3%

NASDAQ EXPE opened at $233.60 on Thursday. The stock has a 50 day moving average price of $275.04 and a 200-day moving average price of $239.91. Expedia Group, Inc. has a one year low of $130.01 and a one year high of $303.80. The company has a debt-to-equity ratio of 1.72, a quick ratio of 0.74 and a current ratio of 0.74. The company has a market capitalization of $28.62 billion, a P/E ratio of 22.35, a P/E/G ratio of 0.77 and a beta of 1.41.

Expedia Group Profile

Expedia Group (NASDAQ: EXPE) is a global travel technology company that operates an online marketplace connecting consumers, travel suppliers and third‑party partners. The company’s platform enables search, comparison and booking of travel products and services, including hotels, airline tickets, vacation rentals, car rentals, cruises and packaged travel. Its portfolio comprises consumer-facing travel brands as well as corporate travel solutions and technology services that serve both leisure and business travelers.

Key offerings include consumer booking platforms and mobile apps that aggregate inventory from hotels, vacation rental managers, airlines and car rental companies, alongside ancillary travel services such as trip insurance and activities.