Expedia Group, Inc. (NASDAQ:EXPE) Shares Acquired by M&T Bank Corp

M&T Bank Corp grew its holdings in Expedia Group, Inc. (NASDAQ:EXPE) by 0.3% during the 3rd quarter, Holdings Channel reports. The firm owned 82,626 shares of the online travel company’s stock after buying an additional 249 shares during the period. M&T Bank Corp’s holdings in Expedia Group were worth $12,230,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of EXPE. Great Valley Advisor Group Inc. boosted its position in Expedia Group by 22.2% during the second quarter. Great Valley Advisor Group Inc. now owns 3,404 shares of the online travel company’s stock worth $429,000 after acquiring an additional 618 shares during the last quarter. V Square Quantitative Management LLC boosted its holdings in shares of Expedia Group by 23.3% in the 2nd quarter. V Square Quantitative Management LLC now owns 1,684 shares of the online travel company’s stock valued at $212,000 after purchasing an additional 318 shares during the last quarter. Envestnet Portfolio Solutions Inc. boosted its holdings in shares of Expedia Group by 8.5% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 4,327 shares of the online travel company’s stock valued at $545,000 after purchasing an additional 339 shares during the last quarter. SteelPeak Wealth LLC boosted its holdings in shares of Expedia Group by 306.1% in the 2nd quarter. SteelPeak Wealth LLC now owns 7,375 shares of the online travel company’s stock valued at $929,000 after purchasing an additional 5,559 shares during the last quarter. Finally, Tran Capital Management L.P. boosted its holdings in shares of Expedia Group by 102.7% in the 2nd quarter. Tran Capital Management L.P. now owns 71,768 shares of the online travel company’s stock valued at $9,042,000 after purchasing an additional 36,366 shares during the last quarter. Institutional investors and hedge funds own 90.76% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on EXPE. Deutsche Bank Aktiengesellschaft lowered shares of Expedia Group from a “buy” rating to a “hold” rating in a report on Friday, November 8th. DA Davidson raised their target price on shares of Expedia Group from $135.00 to $190.00 and gave the company a “neutral” rating in a research note on Monday, November 18th. UBS Group raised their target price on shares of Expedia Group from $137.00 to $156.00 and gave the company a “neutral” rating in a research note on Wednesday, October 23rd. BTIG Research raised their target price on shares of Expedia Group from $175.00 to $200.00 and gave the company a “buy” rating in a research note on Friday, November 8th. Finally, Jefferies Financial Group raised their target price on shares of Expedia Group from $145.00 to $160.00 and gave the company a “hold” rating in a research note on Tuesday, October 22nd. Twenty equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $167.67.

Insider Buying and Selling at Expedia Group

In other news, CAO Lance A. Soliday sold 7,000 shares of the company’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 completion of the sale, the chief accounting officer now directly owns 11,187 shares of the company’s stock, valued at approximately $2,035,922.13. This represents a 38.49 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Robert J. Dzielak sold 1,951 shares of the company’s stock in a transaction that occurred 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 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 disclosure for this sale can be found here. Insiders sold 38,951 shares of company stock valued at $6,197,710 in the last ninety days. Company insiders own 6.80% of the company’s stock.

Expedia Group Trading Down 0.6 %

NASDAQ EXPE opened at $188.41 on Wednesday. Expedia Group, Inc. has a one year low of $107.25 and a one year high of $192.34. The company has a 50-day simple moving average of $168.71 and a 200-day simple moving average of $143.02. 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 firm has a market capitalization of $24.18 billion, a PE ratio of 24.25, a price-to-earnings-growth ratio of 0.75 and a beta of 1.84.

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.