Hohimer Wealth Management LLC Acquires 127 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

Hohimer Wealth Management LLC grew its holdings in Expedia Group, Inc. (NASDAQ:EXPE) by 0.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 23,310 shares of the online travel company’s stock after acquiring an additional 127 shares during the quarter. Hohimer Wealth Management LLC’s holdings in Expedia Group were worth $3,450,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Innealta Capital LLC bought a new position in Expedia Group during the second quarter valued at about $27,000. Blue Trust Inc. increased its position in shares of Expedia Group by 93.8% during the second quarter. Blue Trust Inc. now owns 217 shares of the online travel company’s stock valued at $30,000 after purchasing an additional 105 shares during the period. Venturi Wealth Management LLC raised its stake in shares of Expedia Group by 709.8% in the third quarter. Venturi Wealth Management LLC now owns 332 shares of the online travel company’s stock valued at $49,000 after purchasing an additional 291 shares in the last quarter. Brooklyn Investment Group bought a new position in Expedia Group in the third quarter worth $51,000. Finally, Future Financial Wealth Managment LLC acquired a new stake in Expedia Group during the third quarter worth $74,000. Institutional investors and hedge funds own 90.76% of the company’s stock.

Insider Transactions at Expedia Group

In other Expedia Group news, CAO Lance A. Soliday sold 7,000 shares of the firm’s stock in a transaction dated Thursday, November 14th. The stock was sold at an average price of $181.99, for a total transaction of $1,273,930.00. Following the transaction, the chief accounting officer now owns 11,187 shares in the company, valued at approximately $2,035,922.13. This trade represents a 38.49 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Dara Khosrowshahi sold 10,000 shares of the business’s stock in a transaction dated Friday, October 4th. The stock was sold at an average price of $150.18, for a total value of $1,501,800.00. Following the transaction, the director now owns 198,505 shares of the company’s stock, valued at $29,811,480.90. The trade was a 4.80 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 38,951 shares of company stock worth $6,197,710 in the last quarter. 6.80% of the stock is owned by company insiders.

Expedia Group Price Performance

Shares of EXPE stock opened at $188.41 on Wednesday. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 2.03. Expedia Group, Inc. has a 12 month low of $107.25 and a 12 month high of $192.34. The firm has a market cap of $24.18 billion, a price-to-earnings ratio of 24.25, a PEG ratio of 0.75 and a beta of 1.84. The stock has a 50-day moving average price of $168.71 and a 200 day moving average price of $143.02.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the stock. BTIG Research increased their price objective 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. Benchmark increased their price target on shares of Expedia Group from $180.00 to $200.00 and gave the stock a “buy” rating in a research report on Friday, November 8th. Oppenheimer lifted their price objective on Expedia Group from $155.00 to $210.00 and gave the company an “outperform” rating in a report on Friday, November 8th. Susquehanna increased their target price on Expedia Group from $145.00 to $190.00 and gave the stock a “neutral” rating in a report on Monday, November 11th. Finally, DA Davidson boosted their price target on Expedia Group from $135.00 to $190.00 and gave the company a “neutral” rating in a research note on Monday, November 18th. Twenty equities research analysts have rated the stock with a hold rating, eight have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the company has an average 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.