Krilogy Financial LLC Acquires Shares of 9,484 Expedia Group, Inc. $EXPE

Krilogy Financial LLC bought a new position in shares of Expedia Group, Inc. (NASDAQ:EXPEFree Report) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 9,484 shares of the online travel company’s stock, valued at approximately $2,028,000.

A number of other large investors have also added to or reduced their stakes in EXPE. Spire Wealth Management boosted its position in Expedia Group by 114.3% during the second quarter. Spire Wealth Management now owns 150 shares of the online travel company’s stock worth $25,000 after purchasing an additional 80 shares during the period. Grey Fox Wealth Advisors LLC acquired a new stake in shares of Expedia Group during the 3rd quarter worth about $30,000. SOA Wealth Advisors LLC. bought a new stake in shares of Expedia Group during the 3rd quarter worth about $36,000. Armstrong Advisory Group Inc. grew its stake in Expedia Group by 212.7% in the 3rd quarter. Armstrong Advisory Group Inc. now owns 172 shares of the online travel company’s stock valued at $37,000 after buying an additional 117 shares during the last quarter. Finally, Westside Investment Management Inc. raised its holdings in Expedia Group by 43.2% in the 3rd quarter. Westside Investment Management Inc. now owns 189 shares of the online travel company’s stock valued at $41,000 after acquiring an additional 57 shares during the period. Institutional investors own 90.76% of the company’s stock.

Insider Activity

In other news, CAO Lance A. Soliday sold 849 shares of the company’s stock in a transaction that occurred on Friday, November 21st. The shares were sold at an average price of $248.08, for a total transaction of $210,619.92. Following the completion of the sale, the chief accounting officer owned 11,662 shares of the company’s stock, valued at approximately $2,893,108.96. This represents a 6.79% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Madhumita Moina Banerjee sold 1,000 shares of Expedia Group stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $258.00, for a total transaction of $258,000.00. Following the completion of the transaction, the director directly owned 2,916 shares in the company, valued at $752,328. This trade represents a 25.54% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 9.13% of the company’s stock.

Expedia Group Stock Performance

NASDAQ:EXPE opened at $233.60 on Thursday. The company has a market cap of $28.62 billion, a price-to-earnings ratio of 22.35, a PEG ratio of 0.77 and a beta of 1.41. Expedia Group, Inc. has a fifty-two week low of $130.01 and a fifty-two week high of $303.80. The company has a debt-to-equity ratio of 1.72, a quick ratio of 0.74 and a current ratio of 0.74. The stock has a fifty day moving average price of $275.04 and a 200-day moving average price of $239.91.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on EXPE. BMO Capital Markets boosted their price objective on Expedia Group from $205.00 to $250.00 in a report on Friday, November 7th. TD Cowen lifted their price target on Expedia Group from $256.00 to $300.00 in a report on Tuesday, February 3rd. Argus upped their price objective on Expedia Group from $340.00 to $345.00 and gave the company a “buy” rating in a report on Friday, January 16th. The Goldman Sachs Group increased their price objective on Expedia Group from $295.00 to $325.00 and gave the stock a “buy” rating in a research report on Tuesday, January 27th. Finally, Evercore boosted their target price on shares of Expedia Group from $280.00 to $350.00 and gave the company an “outperform” rating in a research report on Tuesday, November 25th. Fourteen analysts have rated the stock with a Buy rating and twenty have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $292.23.

Read Our Latest Stock Report on EXPE

Expedia Group Company Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Expedia Group (NASDAQ:EXPE)

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