Teachers Retirement System of The State of Kentucky Acquires 11,223 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

Teachers Retirement System of The State of Kentucky lifted its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 6.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 181,878 shares of the online travel company’s stock after buying an additional 11,223 shares during the period. Teachers Retirement System of The State of Kentucky’s holdings in Expedia Group were worth $26,921,000 at the end of the most recent reporting period.

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

Insider Transactions at Expedia Group

In other Expedia Group news, insider Robert J. Dzielak sold 1,951 shares of the company’s 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 transaction, the insider now directly owns 85,250 shares in the company, valued at $15,345,000. This represents a 2.24 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Dara Khosrowshahi sold 10,000 shares of the stock in a transaction dated Friday, October 4th. The stock was sold at an average price of $150.18, for a total transaction of $1,501,800.00. Following the sale, the director now directly owns 198,505 shares in the company, valued at $29,811,480.90. This represents a 4.80 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 38,951 shares of company stock worth $6,197,710 in the last ninety days. Insiders own 6.80% of the company’s stock.

Analyst Ratings Changes

EXPE has been the topic of several analyst reports. Deutsche Bank Aktiengesellschaft downgraded shares of Expedia Group from a “buy” rating to a “hold” rating in a report on Friday, November 8th. Cantor Fitzgerald reiterated a “neutral” rating and set a $130.00 target price on shares of Expedia Group in a research report on Monday, October 7th. Jefferies Financial Group boosted their price target on Expedia Group from $145.00 to $160.00 and gave the stock a “hold” rating in a report on Tuesday, October 22nd. Bank of America lifted their price objective on shares of Expedia Group from $144.00 to $166.00 and gave the company a “neutral” rating in a research report on Friday, October 25th. Finally, Wells Fargo & Company upped their target price on shares of Expedia Group from $130.00 to $159.00 and gave the stock an “equal weight” rating in a research report on Tuesday, October 8th. Twenty investment analysts have rated the stock with a hold rating, eight have issued a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, Expedia Group has a consensus rating of “Hold” and a consensus target price of $167.67.

Expedia Group Stock Performance

NASDAQ:EXPE opened at $188.41 on Wednesday. The stock has a market capitalization of $24.18 billion, a PE ratio of 24.25, a P/E/G ratio of 0.75 and a beta of 1.84. The company has a fifty day moving average of $168.71 and a two-hundred day 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. Expedia Group, Inc. has a fifty-two week low of $107.25 and a fifty-two week high of $192.34.

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.