Coldstream Capital Management Inc. Buys 642 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

Coldstream Capital Management Inc. raised its position in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 33.8% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,542 shares of the online travel company’s stock after purchasing an additional 642 shares during the quarter. Coldstream Capital Management Inc.’s holdings in Expedia Group were worth $389,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of EXPE. Innealta Capital LLC bought a new position in Expedia Group in the 2nd quarter worth approximately $27,000. Blue Trust Inc. increased its holdings in shares of 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 buying an additional 105 shares during the last quarter. Venturi Wealth Management LLC increased 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 purchasing an additional 291 shares during the last quarter. Brooklyn Investment Group bought a new stake in shares of Expedia Group in the 3rd quarter worth about $51,000. Finally, Future Financial Wealth Managment LLC purchased a new position in shares of Expedia Group during the third quarter valued at approximately $74,000. Hedge funds and other institutional investors own 90.76% of the company’s stock.

Expedia Group Stock Performance

Shares of NASDAQ EXPE opened at $183.00 on Friday. Expedia Group, Inc. has a 12-month low of $107.25 and a 12-month high of $192.34. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 2.03. The company has a market cap of $23.49 billion, a PE ratio of 23.55, a P/E/G ratio of 1.07 and a beta of 1.84. The stock has a 50 day simple moving average of $171.80 and a 200-day simple moving average of $144.92.

Analysts Set New Price Targets

EXPE has been the topic of a number of research analyst reports. Morgan Stanley upped their price target on shares of Expedia Group from $150.00 to $180.00 and gave the stock an “equal weight” rating in a report on Friday, November 22nd. JPMorgan Chase & Co. upped their price target on Expedia Group from $135.00 to $170.00 and gave the stock a “neutral” rating in a research report on Friday, November 8th. Oppenheimer lifted their price objective on shares of Expedia Group from $155.00 to $210.00 and gave the stock an “outperform” rating in a research note on Friday, November 8th. Barclays upped their target price on Expedia Group from $134.00 to $153.00 and gave the company an “equal weight” rating in a research report on Friday, November 8th. Finally, Truist Financial assumed coverage on Expedia Group in a research report on Friday, September 6th. They set a “hold” rating and a $148.00 price target for the company. Twenty analysts have rated the stock with a hold rating, eight have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $167.67.

Insider Buying and Selling at Expedia Group

In other news, insider Robert J. Dzielak sold 1,951 shares of the stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $180.00, for a total value of $351,180.00. Following the completion of the sale, the insider now directly owns 85,250 shares of the company’s stock, valued at approximately $15,345,000. This represents a 2.24 % 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 this hyperlink. Also, Director Dara Khosrowshahi sold 10,000 shares of the firm’s stock in a transaction on Friday, October 4th. The stock was sold at an average price of $150.18, for a total value 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 approximately $29,811,480.90. This trade represents a 4.80 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 38,951 shares of company stock valued at $6,197,710. Corporate 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.