Grove Bank & Trust Acquires 142 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

Grove Bank & Trust boosted its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 676.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 163 shares of the online travel company’s stock after buying an additional 142 shares during the quarter. Grove Bank & Trust’s holdings in Expedia Group were worth $30,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the business. Hantz Financial Services Inc. lifted its position in shares of Expedia Group by 2.1% during the third quarter. Hantz Financial Services Inc. now owns 2,980 shares of the online travel company’s stock valued at $441,000 after buying an additional 62 shares during the last quarter. Empirical Finance LLC lifted its position in shares of Expedia Group by 1.3% during the third quarter. Empirical Finance LLC now owns 4,754 shares of the online travel company’s stock valued at $704,000 after buying an additional 63 shares during the last quarter. Venture Visionary Partners LLC lifted its position in shares of Expedia Group by 0.6% during the third quarter. Venture Visionary Partners LLC now owns 11,367 shares of the online travel company’s stock valued at $1,683,000 after buying an additional 64 shares during the last quarter. GHE LLC lifted its position in shares of Expedia Group by 1.0% during the third quarter. GHE LLC now owns 6,689 shares of the online travel company’s stock valued at $980,000 after buying an additional 69 shares during the last quarter. Finally, Signet Financial Management LLC lifted its position in shares of Expedia Group by 0.3% during the fourth quarter. Signet Financial Management LLC now owns 25,499 shares of the online travel company’s stock valued at $4,751,000 after buying an additional 74 shares during the last quarter. 90.76% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

EXPE has been the subject of several analyst reports. StockNews.com raised shares of Expedia Group from a “buy” rating to a “strong-buy” rating in a research report on Saturday, December 14th. Melius Research upgraded shares of Expedia Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 6th. UBS Group lifted their target price on shares of Expedia Group from $137.00 to $156.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 23rd. JPMorgan Chase & Co. upped their target price on Expedia Group from $135.00 to $170.00 and gave the company a “neutral” rating in a research report on Friday, November 8th. Finally, BTIG Research upped their target price on Expedia Group from $175.00 to $200.00 and gave the company a “buy” rating in a research report on Friday, November 8th. Twenty analysts have rated the stock with a hold rating, ten have issued a buy rating and three have issued a strong buy rating to the company’s stock. According to data from MarketBeat, Expedia Group presently has a consensus rating of “Hold” and an average price target of $175.96.

Expedia Group Trading Down 0.7 %

Shares of Expedia Group stock opened at $187.28 on Tuesday. The firm has a market capitalization of $24.04 billion, a PE ratio of 24.10, a P/E/G ratio of 0.81 and a beta of 1.83. Expedia Group, Inc. has a twelve month low of $107.25 and a twelve month high of $192.34. The firm’s 50-day moving average price is $184.66 and its 200 day moving average price is $156.14. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 2.03.

Insider Activity at Expedia Group

In other Expedia Group news, Director Dara Khosrowshahi sold 10,000 shares of the stock in a transaction dated Friday, November 1st. The shares were sold at an average price of $156.87, for a total value of $1,568,700.00. Following the completion of the sale, the director now owns 188,505 shares in the company, valued at approximately $29,570,779.35. This represents a 5.04 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Robert J. Dzielak sold 1,951 shares of the stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $180.00, for a total transaction of $351,180.00. Following the completion of the sale, the insider now owns 85,250 shares of the company’s stock, valued at approximately $15,345,000. The trade was a 2.24 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 28,951 shares of company stock valued at $5,045,310. 6.80% of the stock is owned by corporate insiders.

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.