Expedia Group, Inc. (NASDAQ:EXPE) Shares Sold by Freedom Investment Management Inc.

Freedom Investment Management Inc. reduced its stake in Expedia Group, Inc. (NASDAQ:EXPE) by 14.4% during the 3rd quarter, Holdings Channel reports. The fund owned 6,197 shares of the online travel company’s stock after selling 1,046 shares during the quarter. Freedom Investment Management Inc.’s holdings in Expedia Group were worth $917,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Pacer Advisors Inc. grew its holdings in Expedia Group by 22.5% during the 3rd quarter. Pacer Advisors Inc. now owns 3,250,710 shares of the online travel company’s stock worth $481,170,000 after acquiring an additional 596,510 shares in the last quarter. Fisher Asset Management LLC lifted its position in shares of Expedia Group by 9.4% during the 3rd quarter. Fisher Asset Management LLC now owns 1,689,485 shares of the online travel company’s stock worth $250,078,000 after purchasing an additional 144,579 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Expedia Group by 14.8% during the second quarter. Dimensional Fund Advisors LP now owns 1,054,485 shares of the online travel company’s stock worth $132,851,000 after purchasing an additional 135,973 shares in the last quarter. AustralianSuper Pty Ltd increased its holdings in Expedia Group by 8.5% in the third quarter. AustralianSuper Pty Ltd now owns 817,592 shares of the online travel company’s stock valued at $121,020,000 after buying an additional 64,332 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. raised its stake in Expedia Group by 13.1% in the third quarter. Robeco Institutional Asset Management B.V. now owns 649,716 shares of the online travel company’s stock valued at $96,171,000 after buying an additional 75,120 shares in the last quarter. 90.76% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts have recently issued reports on EXPE shares. Bank of America upped their price objective on Expedia Group from $144.00 to $166.00 and gave the stock a “neutral” rating in a research report on Friday, October 25th. Baird R W upgraded shares of Expedia Group to a “strong-buy” rating in a research note on Wednesday. Wedbush boosted their price objective on shares of Expedia Group from $130.00 to $180.00 and gave the stock a “neutral” rating in a research report on Friday, November 8th. 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 report on Monday, November 11th. Finally, DA Davidson boosted their price target on shares of Expedia Group from $135.00 to $190.00 and gave the company a “neutral” rating in a research report on Monday, November 18th. Twenty analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, Expedia Group currently has an average rating of “Hold” and an average target price of $167.67.

Insider Activity

In other 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 owns 85,250 shares of the company’s stock, valued at $15,345,000. The trade was a 2.24 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CAO Lance A. Soliday sold 7,000 shares of Expedia Group stock in a transaction dated Thursday, November 14th. The stock was sold at an average price of $181.99, for a total transaction of $1,273,930.00. Following the sale, the chief accounting officer now owns 11,187 shares of the company’s stock, valued at approximately $2,035,922.13. This trade represents a 38.49 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 38,951 shares of company stock worth $6,197,710. Company insiders own 6.80% of the company’s stock.

Expedia Group Stock Performance

Shares of EXPE opened at $184.92 on Friday. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 2.03. The company has a 50-day simple moving average of $162.99 and a 200-day simple moving average of $138.96. Expedia Group, Inc. has a 52-week low of $107.25 and a 52-week high of $190.40. The company has a market capitalization of $23.73 billion, a PE ratio of 23.80, a P/E/G ratio of 0.72 and a beta of 1.78.

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.