Harvest Fund Management Co. Ltd Raises Holdings in Expedia Group, Inc. (NASDAQ:EXPE)

Harvest Fund Management Co. Ltd boosted its position in Expedia Group, Inc. (NASDAQ:EXPE) by 87.2% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,168 shares of the online travel company’s stock after purchasing an additional 1,476 shares during the quarter. Harvest Fund Management Co. Ltd’s holdings in Expedia Group were worth $469,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the company. Price T Rowe Associates Inc. MD raised its position in shares of Expedia Group by 55.1% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 275,430 shares of the online travel company’s stock valued at $37,942,000 after purchasing an additional 97,825 shares during the last quarter. Janus Henderson Group PLC raised its holdings in shares of Expedia Group by 4.9% in the first quarter. Janus Henderson Group PLC now owns 18,556 shares of the online travel company’s stock worth $2,555,000 after buying an additional 859 shares during the last quarter. B. Riley Wealth Advisors Inc. lifted its stake in shares of Expedia Group by 17.9% during the first quarter. B. Riley Wealth Advisors Inc. now owns 3,421 shares of the online travel company’s stock worth $471,000 after buying an additional 520 shares during the period. Tidal Investments LLC grew its holdings in shares of Expedia Group by 289.1% during the first quarter. Tidal Investments LLC now owns 52,289 shares of the online travel company’s stock valued at $7,203,000 after buying an additional 38,850 shares during the last quarter. Finally, Hancock Whitney Corp increased its position in shares of Expedia Group by 41.2% in the 1st quarter. Hancock Whitney Corp now owns 4,260 shares of the online travel company’s stock valued at $587,000 after acquiring an additional 1,244 shares during the period. Institutional investors own 90.76% of the company’s stock.

Expedia Group Stock Up 1.2 %

NASDAQ EXPE opened at $186.28 on Wednesday. The business has a fifty day moving average price of $161.24 and a 200 day moving average price of $138.31. The company has a debt-to-equity ratio of 2.03, a quick ratio of 0.73 and a current ratio of 0.73. The company has a market cap of $23.91 billion, a P/E ratio of 23.97, a P/E/G ratio of 0.73 and a beta of 1.78. Expedia Group, Inc. has a one year low of $107.25 and a one year high of $190.40.

Analyst Upgrades and Downgrades

A number of analysts have commented on EXPE shares. Deutsche Bank Aktiengesellschaft cut Expedia Group from a “buy” rating to a “hold” rating in a research report on Friday, November 8th. TD Cowen downgraded Expedia Group from a “buy” rating to a “hold” rating and lifted their target price for the stock from $130.00 to $150.00 in a report on Wednesday, September 25th. BTIG Research increased their price target on shares of Expedia Group from $175.00 to $200.00 and gave the stock a “buy” rating in a report on Friday, November 8th. JPMorgan Chase & Co. raised their price target on shares of Expedia Group from $135.00 to $170.00 and gave the stock a “neutral” rating in a research report on Friday, November 8th. Finally, Benchmark upped their price objective on shares of Expedia Group from $180.00 to $200.00 and gave the company a “buy” rating in a report on Friday, November 8th. Twenty research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $165.46.

Insider Transactions at Expedia Group

In other Expedia Group news, CAO Lance A. Soliday sold 7,000 shares of the firm’s stock in a transaction that occurred 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 transaction, the chief accounting officer now directly owns 11,187 shares of the company’s stock, valued at $2,035,922.13. This trade represents a 38.49 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Robert J. Dzielak sold 1,951 shares of the stock in a transaction that occurred on Thursday, November 21st. The shares were 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 position. The disclosure for this sale can be found here. Insiders sold 38,951 shares of company stock valued at $6,197,710 over the last 90 days. 6.80% of the stock is currently owned by corporate insiders.

Expedia Group Company 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.