LSV Asset Management Acquires 55,118 Shares of Expedia Group, Inc. $EXPE

LSV Asset Management increased its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 6.3% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 926,955 shares of the online travel company’s stock after purchasing an additional 55,118 shares during the quarter. LSV Asset Management owned approximately 0.75% of Expedia Group worth $198,137,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in EXPE. Leith Wheeler Investment Counsel Ltd. lifted its position in shares of Expedia Group by 2.6% in the second quarter. Leith Wheeler Investment Counsel Ltd. now owns 107,973 shares of the online travel company’s stock valued at $18,213,000 after buying an additional 2,767 shares during the last quarter. Rakuten Investment Management Inc. bought a new stake in Expedia Group in the 3rd quarter valued at $1,063,000. Railway Pension Investments Ltd lifted its holdings in Expedia Group by 19.6% during the 3rd quarter. Railway Pension Investments Ltd now owns 115,200 shares of the online travel company’s stock valued at $24,624,000 after purchasing an additional 18,900 shares during the last quarter. Convergence Investment Partners LLC bought a new position in Expedia Group during the third quarter worth $1,001,000. Finally, National Pension Service raised its position in shares of Expedia Group by 6.7% in the third quarter. National Pension Service now owns 248,328 shares of the online travel company’s stock valued at $53,080,000 after purchasing an additional 15,611 shares during the period. 90.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Expedia Group news, CAO Lance A. Soliday sold 849 shares of the firm’s stock in a transaction on Friday, November 21st. The stock was sold at an average price of $248.08, for a total value of $210,619.92. Following the sale, the chief accounting officer owned 11,662 shares of the company’s stock, valued at approximately $2,893,108.96. This trade represents a 6.79% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Madhumita Moina Banerjee sold 1,000 shares of Expedia Group stock in a transaction on Monday, December 1st. The shares were sold at an average price of $258.00, for a total value of $258,000.00. Following the completion of the transaction, the director owned 2,916 shares in the company, valued at approximately $752,328. The trade was a 25.54% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 9.13% of the company’s stock.

Expedia Group Trading Down 3.3%

EXPE opened at $233.60 on Thursday. The stock has a market capitalization of $28.62 billion, a price-to-earnings ratio of 22.35, a P/E/G ratio of 0.77 and a beta of 1.41. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 1.72. Expedia Group, Inc. has a twelve month low of $130.01 and a twelve month high of $303.80. The company has a 50-day simple moving average of $275.04 and a 200 day simple moving average of $239.91.

Analyst Ratings Changes

A number of brokerages recently commented on EXPE. Cantor Fitzgerald upped their price target on shares of Expedia Group from $220.00 to $285.00 and gave the company a “neutral” rating in a research note on Friday, November 7th. Mizuho boosted their price target on Expedia Group from $240.00 to $270.00 and gave the company a “neutral” rating in a research note on Friday, November 14th. Rothschild & Co Redburn increased their price objective on Expedia Group from $290.00 to $350.00 and gave the stock a “buy” rating in a research report on Friday, November 7th. Wedbush reduced their target price on shares of Expedia Group from $290.00 to $260.00 and set a “neutral” rating for the company in a research report on Friday, February 6th. Finally, Benchmark raised their price target on shares of Expedia Group from $265.00 to $310.00 and gave the stock a “buy” rating in a research report on Friday, November 7th. Fourteen investment analysts have rated the stock with a Buy rating and twenty have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Expedia Group currently has an average rating of “Hold” and an average price target of $292.23.

Expedia Group Company Profile

Expedia Group (NASDAQ: EXPE) is a global travel technology company that operates an online marketplace connecting consumers, travel suppliers and third‑party partners. The company’s platform enables search, comparison and booking of travel products and services, including hotels, airline tickets, vacation rentals, car rentals, cruises and packaged travel. Its portfolio comprises consumer-facing travel brands as well as corporate travel solutions and technology services that serve both leisure and business travelers.

Key offerings include consumer booking platforms and mobile apps that aggregate inventory from hotels, vacation rental managers, airlines and car rental companies, alongside ancillary travel services such as trip insurance and activities.