Expedia Group, Inc. $EXPE Shares Sold by AlphaQuest LLC

AlphaQuest LLC reduced its position in Expedia Group, Inc. (NASDAQ:EXPE) by 79.6% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 767 shares of the online travel company’s stock after selling 2,993 shares during the quarter. AlphaQuest LLC’s holdings in Expedia Group were worth $164,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Impact Partnership Wealth LLC grew its holdings in Expedia Group by 18.5% in the third quarter. Impact Partnership Wealth LLC now owns 3,952 shares of the online travel company’s stock valued at $845,000 after purchasing an additional 616 shares during the period. Alpha Cubed Investments LLC acquired a new position in shares of Expedia Group during the third quarter valued at $214,000. SYM FINANCIAL Corp boosted its stake in shares of Expedia Group by 5.2% during the 3rd quarter. SYM FINANCIAL Corp now owns 1,533 shares of the online travel company’s stock worth $328,000 after acquiring an additional 76 shares in the last quarter. Foundations Investment Advisors LLC grew its holdings in shares of Expedia Group by 4.0% during the 3rd quarter. Foundations Investment Advisors LLC now owns 2,452 shares of the online travel company’s stock valued at $524,000 after acquiring an additional 94 shares in the last quarter. Finally, Great Lakes Advisors LLC increased its stake in shares of Expedia Group by 4.6% in the third quarter. Great Lakes Advisors LLC now owns 140,221 shares of the online travel company’s stock worth $29,972,000 after purchasing an additional 6,180 shares during the period. 90.76% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have commented on EXPE shares. Evercore boosted their price objective on Expedia Group from $280.00 to $350.00 and gave the stock an “outperform” rating in a research note on Tuesday, November 25th. Oppenheimer upped their price objective on Expedia Group from $250.00 to $290.00 and gave the stock an “outperform” rating in a research note on Friday, November 7th. Wall Street Zen raised shares of Expedia Group from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 7th. Deutsche Bank Aktiengesellschaft raised their target price on shares of Expedia Group from $235.00 to $245.00 and gave the stock a “hold” rating in a report on Wednesday, February 4th. Finally, Robert W. Baird boosted their target price on shares of Expedia Group from $240.00 to $280.00 and gave the company an “outperform” rating in a research report on Friday, November 7th. Fourteen investment analysts have rated the stock with a Buy rating and twenty have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $292.23.

Expedia Group Trading Down 3.3%

Expedia Group stock opened at $233.60 on Thursday. The stock has a market cap of $28.62 billion, a P/E ratio of 22.35, a PEG ratio of 0.77 and a beta of 1.41. The firm’s 50 day moving average price is $275.04 and its 200-day moving average price is $239.91. The company has a debt-to-equity ratio of 1.72, a current ratio of 0.74 and a quick ratio of 0.74. Expedia Group, Inc. has a 1 year low of $130.01 and a 1 year high of $303.80.

Insiders Place Their Bets

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

Expedia Group Company 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.