Expedia Group, Inc. (NASDAQ:EXPE) Stake Increased by Fortem Financial Group LLC

Fortem Financial Group LLC increased its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 4.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,450 shares of the online travel company’s stock after buying an additional 100 shares during the quarter. Fortem Financial Group LLC’s holdings in Expedia Group were worth $457,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Hantz Financial Services Inc. grew its stake in Expedia Group by 2.1% during the 3rd quarter. Hantz Financial Services Inc. now owns 2,980 shares of the online travel company’s stock valued at $441,000 after acquiring an additional 62 shares in the last quarter. Empirical Finance LLC grew its position in Expedia Group by 1.3% during the third quarter. Empirical Finance LLC now owns 4,754 shares of the online travel company’s stock valued at $704,000 after purchasing an additional 63 shares in the last quarter. Venture Visionary Partners LLC increased its stake in Expedia Group by 0.6% in the 3rd quarter. Venture Visionary Partners LLC now owns 11,367 shares of the online travel company’s stock valued at $1,683,000 after buying an additional 64 shares during the period. GHE LLC boosted its stake in shares of Expedia Group by 1.0% during the 3rd quarter. GHE LLC now owns 6,689 shares of the online travel company’s stock valued at $980,000 after buying an additional 69 shares during the period. Finally, AdvisorShares Investments LLC grew its holdings in shares of Expedia Group by 7.1% during the 2nd quarter. AdvisorShares Investments LLC now owns 1,517 shares of the online travel company’s stock valued at $186,000 after acquiring an additional 100 shares in the last quarter. 90.76% of the stock is owned by institutional investors and hedge funds.

Expedia Group Stock Performance

Shares of NASDAQ EXPE traded down $1.99 during trading hours on Monday, reaching $184.10. The stock had a trading volume of 902,295 shares, compared to its average volume of 888,442. Expedia Group, Inc. has a twelve month low of $107.25 and a twelve month high of $192.34. The company has a debt-to-equity ratio of 2.03, a current ratio of 0.73 and a quick ratio of 0.73. The business’s fifty day moving average is $180.79 and its two-hundred day moving average is $152.05. The company has a market cap of $23.63 billion, a price-to-earnings ratio of 23.69, a PEG ratio of 1.07 and a beta of 1.83.

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. Susquehanna lifted their price objective on Expedia Group from $145.00 to $190.00 and gave the company a “neutral” rating in a research report on Monday, November 11th. BTIG Research increased their price objective on Expedia Group from $175.00 to $200.00 and gave the stock a “buy” rating in a report on Friday, November 8th. Bank of America raised shares of Expedia Group from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $187.00 to $221.00 in a research report on Wednesday, December 18th. Robert W. Baird started coverage on shares of Expedia Group in a research note on Wednesday, November 27th. They issued an “outperform” rating and a $225.00 price objective for the company. Finally, Cantor Fitzgerald restated a “neutral” rating and set a $130.00 target price on shares of Expedia Group in a report on Monday, October 7th. Twenty investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, Expedia Group has a consensus rating of “Hold” and an average price target of $171.63.

Insider Transactions at Expedia Group

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

About Expedia Group

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.