State of New Jersey Common Pension Fund D Sells 2,077 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

State of New Jersey Common Pension Fund D reduced its position in Expedia Group, Inc. (NASDAQ:EXPE) by 4.3% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 46,791 shares of the online travel company’s stock after selling 2,077 shares during the period. State of New Jersey Common Pension Fund D’s holdings in Expedia Group were worth $6,926,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Innealta Capital LLC acquired a new stake in Expedia Group in the 2nd quarter worth approximately $27,000. Blue Trust Inc. boosted its stake in Expedia Group by 93.8% in 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 acquired a new stake in Expedia Group in the 1st quarter worth approximately $40,000. LRI Investments LLC purchased a new position in Expedia Group during the 1st quarter worth approximately $48,000. Finally, Cedar Wealth Management LLC purchased a new position in Expedia Group during the 1st quarter worth approximately $49,000. 90.76% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on EXPE. UBS Group raised their price target on shares of Expedia Group from $137.00 to $156.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 23rd. Piper Sandler reaffirmed a “neutral” rating and set a $140.00 target price (down from $145.00) on shares of Expedia Group in a report on Friday, August 9th. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $140.00 target price on shares of Expedia Group in a report on Friday, August 9th. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $130.00 target price on shares of Expedia Group in a report on Monday, October 7th. Finally, DA Davidson reaffirmed a “neutral” rating and set a $135.00 target price on shares of Expedia Group in a report on Friday, August 9th. Twenty investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $161.62.

Insider Activity

In other news, insider Robert J. Dzielak sold 12,602 shares of the business’s stock in a transaction dated Thursday, August 15th. The shares were sold at an average price of $131.50, for a total transaction of $1,657,163.00. Following the transaction, the insider now owns 89,960 shares of the company’s stock, valued at approximately $11,829,740. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In related news, insider Robert J. Dzielak sold 12,602 shares of the business’s stock in a transaction dated Thursday, August 15th. The shares were sold at an average price of $131.50, for a total value of $1,657,163.00. Following the sale, the insider now directly owns 89,960 shares in the company, valued at approximately $11,829,740. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Robert J. Dzielak sold 5,417 shares of the business’s stock in a transaction dated 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 in the company, valued at approximately $11,379,487.80. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 48,019 shares of company stock valued at $6,958,891. 6.80% of the stock is currently owned by insiders.

Expedia Group Trading Up 2.0 %

Shares of EXPE stock opened at $184.32 on Tuesday. The company’s 50-day moving average price is $149.81 and its 200-day moving average price is $133.44. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 2.45. The stock has a market cap of $23.99 billion, a price-to-earnings ratio of 23.72, a PEG ratio of 0.70 and a beta of 1.78. Expedia Group, Inc. has a twelve month low of $107.25 and a twelve month high of $190.40.

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.