Pacer Advisors Inc. Has $481.17 Million Stake in Expedia Group, Inc. (NASDAQ:EXPE)

Pacer Advisors Inc. raised its position in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 22.5% during the third quarter, HoldingsChannel.com reports. The fund owned 3,250,710 shares of the online travel company’s stock after buying an additional 596,510 shares during the quarter. Expedia Group accounts for about 1.0% of Pacer Advisors Inc.’s holdings, making the stock its 19th biggest position. Pacer Advisors Inc.’s holdings in Expedia Group were worth $481,170,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also bought and sold shares of the company. Innealta Capital LLC bought a new position in shares of Expedia Group during the 2nd quarter worth about $27,000. Blue Trust Inc. boosted its position in shares of Expedia Group by 93.8% during the 2nd quarter. Blue Trust Inc. now owns 217 shares of the online travel company’s stock worth $30,000 after purchasing an additional 105 shares in the last quarter. Crewe Advisors LLC bought a new position in shares of Expedia Group during the 1st quarter worth about $40,000. LRI Investments LLC bought a new position in shares of Expedia Group during the 1st quarter worth about $48,000. Finally, Venturi Wealth Management LLC boosted 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 worth $49,000 after purchasing an additional 291 shares in the last quarter. Institutional investors own 90.76% of the company’s stock.

Insider Buying and Selling at Expedia Group

In other Expedia Group news, CAO Lance A. Soliday sold 7,000 shares of the business’s stock in a transaction dated Thursday, November 14th. The shares were sold at an average price of $181.99, for a total value of $1,273,930.00. Following the transaction, the chief accounting officer now owns 11,187 shares in the company, valued at approximately $2,035,922.13. The trade was a 38.49 % 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 business’s stock in a transaction dated Friday, September 27th. The shares were sold at an average price of $150.21, for a total transaction of $1,502,100.00. Following the completion of the transaction, the director now owns 208,505 shares in the company, valued at $31,319,536.05. The trade was a 4.58 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 37,000 shares of company stock valued at $5,846,530 in the last three months. Company insiders own 6.80% of the company’s stock.

Expedia Group Stock Up 1.2 %

Shares of NASDAQ:EXPE opened at $179.10 on Thursday. The firm has a fifty day moving average price of $157.30 and a two-hundred day moving average price of $136.14. The company has a debt-to-equity ratio of 2.03, a current ratio of 0.73 and a quick ratio of 0.73. Expedia Group, Inc. has a one year low of $107.25 and a one year high of $190.40. The company has a market cap of $22.99 billion, a price-to-earnings ratio of 23.05, a PEG ratio of 0.69 and a beta of 1.78.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the stock. Oppenheimer increased their price objective on shares of Expedia Group from $155.00 to $210.00 and gave the stock an “outperform” rating in a research report on Friday, November 8th. Citigroup raised their price target on shares of Expedia Group from $140.00 to $145.00 and gave the company a “neutral” rating in a research report on Friday, August 9th. Deutsche Bank Aktiengesellschaft cut shares of Expedia Group from a “buy” rating to a “hold” rating in a research report on Friday, November 8th. Jefferies Financial Group raised their price target on shares of Expedia Group from $145.00 to $160.00 and gave the company a “hold” rating in a research report on Tuesday, October 22nd. Finally, Wedbush increased their price objective on shares of Expedia Group from $130.00 to $180.00 and gave the company a “neutral” rating in a research note on Friday, November 8th. Nineteen equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Expedia Group presently has an average rating of “Hold” and a consensus price target of $164.88.

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.