Brooklyn Investment Group Purchases Shares of 347 Expedia Group, Inc. (NASDAQ:EXPE)

Brooklyn Investment Group purchased a new stake in Expedia Group, Inc. (NASDAQ:EXPE) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 347 shares of the online travel company’s stock, valued at approximately $51,000.

Other institutional investors have also recently bought and sold shares of the company. Caprock Group LLC lifted its stake in Expedia Group by 33.7% in the third quarter. Caprock Group LLC now owns 10,191 shares of the online travel company’s stock valued at $1,508,000 after buying an additional 2,569 shares in the last quarter. Cozad Asset Management Inc. lifted its position in shares of Expedia Group by 16.9% in the third quarter. Cozad Asset Management Inc. now owns 30,823 shares of the online travel company’s stock worth $4,562,000 after purchasing an additional 4,449 shares in the last quarter. Robeco Institutional Asset Management B.V. lifted its position in shares of Expedia Group by 13.1% in the third quarter. Robeco Institutional Asset Management B.V. now owns 649,716 shares of the online travel company’s stock worth $96,171,000 after purchasing an additional 75,120 shares in the last quarter. DoubleLine ETF Adviser LP bought a new stake in shares of Expedia Group in the second quarter worth $465,000. Finally, Integrated Investment Consultants LLC bought a new stake in shares of Expedia Group in the third quarter worth $527,000. Institutional investors own 90.76% of the company’s stock.

Insider Activity at Expedia Group

In related news, insider Robert J. Dzielak sold 1,951 shares of the company’s stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $180.00, for a total value of $351,180.00. Following the transaction, the insider now directly owns 85,250 shares in the company, valued at approximately $15,345,000. This represents a 2.24 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Dara Khosrowshahi sold 10,000 shares of the company’s stock in a transaction dated Friday, September 27th. The shares were sold at an average price of $150.21, for a total transaction of $1,502,100.00. Following the completion of the transaction, the director now owns 208,505 shares in the company, valued at $31,319,536.05. This trade represents a 4.58 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 38,951 shares of company stock worth $6,197,710. Corporate insiders own 6.80% of the company’s stock.

Expedia Group Trading Down 0.2 %

EXPE stock opened at $184.62 on Friday. 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 company’s 50-day simple moving average is $163.80 and its 200 day simple moving average is $139.46. Expedia Group, Inc. has a 52 week low of $107.25 and a 52 week high of $190.40. The company has a market capitalization of $23.70 billion, a PE ratio of 23.76, a price-to-earnings-growth ratio of 0.73 and a beta of 1.78.

Analysts Set New Price Targets

EXPE has been the topic of a number of research reports. Citigroup boosted their price objective on shares of Expedia Group from $140.00 to $145.00 and gave the stock a “neutral” rating in a research report on Friday, August 9th. Wells Fargo & Company boosted their price objective 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. StockNews.com lowered shares of Expedia Group from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 9th. DA Davidson boosted their target price on shares of Expedia Group from $135.00 to $190.00 and gave the stock a “neutral” rating in a report on Monday, November 18th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Expedia Group from $135.00 to $170.00 and gave the stock a “neutral” rating in a report on Friday, November 8th. Twenty investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $167.67.

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.