Avestar Capital LLC Acquires Shares of 1,566 Expedia Group, Inc. (NASDAQ:EXPE)

Avestar Capital LLC acquired a new stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 1,566 shares of the online travel company’s stock, valued at approximately $232,000.

Several other hedge funds and other institutional investors have also made changes to their positions in EXPE. Innealta Capital LLC bought a new position in shares of Expedia Group during the 2nd quarter valued at about $27,000. Blue Trust Inc. raised 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 valued at $30,000 after buying an additional 105 shares in the last quarter. LRI Investments LLC purchased a new stake in shares of Expedia Group during the 1st quarter valued at about $48,000. Venturi Wealth Management LLC raised 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 valued at $49,000 after buying an additional 291 shares in the last quarter. Finally, Brooklyn Investment Group purchased a new stake in shares of Expedia Group during the 3rd quarter valued at about $51,000. Institutional investors own 90.76% of the company’s stock.

Insider Buying and Selling

In other Expedia Group news, CAO Lance A. Soliday sold 7,000 shares of Expedia Group stock in a transaction on 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 completion of the transaction, the chief accounting officer now owns 11,187 shares of the company’s stock, 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 filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Dara Khosrowshahi sold 10,000 shares of Expedia Group stock in a transaction on Friday, October 4th. The shares were sold at an average price of $150.18, for a total transaction of $1,501,800.00. Following the completion of the transaction, the director now directly owns 198,505 shares of the company’s stock, valued at $29,811,480.90. The trade was a 4.80 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 38,951 shares of company stock valued at $6,197,710 over the last 90 days. Insiders own 6.80% of the company’s stock.

Expedia Group Trading Down 0.7 %

Shares of Expedia Group stock opened at $184.92 on Friday. 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 firm has a fifty day moving average price of $162.99 and a 200 day moving average price of $138.96. Expedia Group, Inc. has a 1 year low of $107.25 and a 1 year high of $190.40. The stock has a market cap of $23.73 billion, a PE ratio of 23.80, a price-to-earnings-growth ratio of 0.72 and a beta of 1.78.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the stock. Susquehanna upped their target price on shares of Expedia Group from $145.00 to $190.00 and gave the company a “neutral” rating in a research report on Monday, November 11th. Truist Financial started coverage on shares of Expedia Group in a research report on Friday, September 6th. They set a “hold” rating and a $148.00 target price on the stock. Citigroup increased their price objective on shares of Expedia Group from $140.00 to $145.00 and gave the stock a “neutral” rating in a research report on Friday, August 9th. UBS Group increased their price objective 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. Finally, Deutsche Bank Aktiengesellschaft lowered shares of Expedia Group from a “buy” rating to a “hold” rating in a research report on Friday, November 8th. Twenty research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $167.67.

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.