Ashton Thomas Securities LLC Invests $118,000 in Expedia Group, Inc. (NASDAQ:EXPE)

Ashton Thomas Securities LLC purchased a new stake in Expedia Group, Inc. (NASDAQ:EXPE) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 795 shares of the online travel company’s stock, valued at approximately $118,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in EXPE. Innealta Capital LLC acquired a new stake in shares of Expedia Group in the 2nd quarter worth $27,000. Blue Trust Inc. lifted its position in Expedia Group by 93.8% in the second quarter. Blue Trust Inc. now owns 217 shares of the online travel company’s stock valued at $30,000 after purchasing an additional 105 shares during the period. Crewe Advisors LLC purchased a new stake in Expedia Group in the 1st quarter valued at approximately $40,000. LRI Investments LLC acquired a new position in Expedia Group during the 1st quarter worth approximately $48,000. Finally, Cedar Wealth Management LLC purchased a new position in shares of Expedia Group during the 1st quarter worth approximately $49,000. 90.76% of the stock is owned by hedge funds and other institutional investors.

Expedia Group Stock Down 1.3 %

EXPE stock opened at $182.00 on Wednesday. Expedia Group, Inc. has a one year low of $107.25 and a one year high of $190.40. The stock has a market capitalization of $23.69 billion, a P/E ratio of 23.42, a PEG ratio of 0.70 and a beta of 1.78. The company has a 50 day moving average price of $150.71 and a two-hundred day moving average price of $133.78. The company has a debt-to-equity ratio of 2.45, a quick ratio of 0.76 and a current ratio of 0.76.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the company. Benchmark upped their price objective on Expedia Group from $180.00 to $200.00 and gave the stock a “buy” rating in a report on Friday, November 8th. TD Cowen cut shares of Expedia Group from a “buy” rating to a “hold” rating and upped their price target for the stock from $130.00 to $150.00 in a research note on Wednesday, September 25th. 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. Oppenheimer upped their target price 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. Finally, Cantor Fitzgerald reiterated a “neutral” rating and set a $130.00 price target on shares of Expedia Group in a research report on Monday, October 7th. Twenty investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $161.62.

Insider Activity

In other Expedia Group news, insider Robert J. Dzielak sold 5,417 shares of the firm’s stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $134.60, for a total value of $729,128.20. Following the sale, the insider now directly owns 84,543 shares of the company’s stock, valued at approximately $11,379,487.80. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, insider Robert J. Dzielak sold 5,417 shares of the stock in a transaction that occurred on Monday, August 19th. The shares were sold at an average price of $134.60, for a total transaction of $729,128.20. Following the completion of the sale, the insider now owns 84,543 shares of the company’s stock, valued at approximately $11,379,487.80. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Dara Khosrowshahi sold 10,000 shares of Expedia Group stock in a transaction that occurred on Friday, November 1st. The shares were sold at an average price of $156.87, for a total transaction of $1,568,700.00. Following the sale, the director now owns 188,505 shares in the company, valued at $29,570,779.35. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 48,019 shares of company stock valued at $6,958,891 over the last quarter. Company insiders own 6.80% of the company’s stock.

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.