Seed Wealth Management Inc. Takes $215,000 Position in Expedia Group, Inc. (NASDAQ:EXPE)

Seed Wealth Management Inc. purchased a new position in shares of Expedia Group, Inc. (NASDAQ:EXPE) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 1,155 shares of the online travel company’s stock, valued at approximately $215,000.

Several other hedge funds and other institutional investors have also bought and sold shares of EXPE. Caprock Group LLC grew its position in Expedia Group by 33.7% during the third quarter. Caprock Group LLC now owns 10,191 shares of the online travel company’s stock worth $1,508,000 after buying an additional 2,569 shares in the last quarter. Cozad Asset Management Inc. grew its holdings in shares of Expedia Group by 16.9% during the 3rd 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. raised its stake in 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 valued at $96,171,000 after purchasing an additional 75,120 shares in the last quarter. Integrated Investment Consultants LLC acquired a new position in Expedia Group in the third quarter valued at about $527,000. Finally, DoubleLine ETF Adviser LP bought a new stake in shares of Expedia Group during the 2nd quarter worth approximately $465,000. Institutional investors and hedge funds own 90.76% of the company’s stock.

Expedia Group Trading Up 0.6 %

NASDAQ:EXPE opened at $181.30 on Tuesday. The company has a market cap of $23.27 billion, a PE ratio of 23.33, a PEG ratio of 1.03 and a beta of 1.83. Expedia Group, Inc. has a one year low of $107.25 and a one year high of $192.34. The firm has a 50-day moving average of $183.58 and a 200-day moving average of $154.38. The company has a debt-to-equity ratio of 2.03, a current ratio of 0.73 and a quick ratio of 0.73.

Insider Activity at Expedia Group

In other news, CAO Lance A. Soliday sold 7,000 shares of the firm’s stock in a transaction on 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 completion of the sale, the chief accounting officer now directly owns 11,187 shares of the company’s stock, valued at $2,035,922.13. This trade represents a 38.49 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Dara Khosrowshahi sold 10,000 shares of the business’s stock in a transaction dated Friday, November 1st. The stock was sold at an average price of $156.87, for a total transaction of $1,568,700.00. Following the completion of the transaction, the director now directly owns 188,505 shares in the company, valued at $29,570,779.35. This trade represents a 5.04 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 28,951 shares of company stock valued at $5,045,310 over the last 90 days. Insiders own 6.80% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on EXPE. Robert W. Baird started coverage on Expedia Group in a research report on Wednesday, November 27th. They set an “outperform” rating and a $225.00 price objective for the company. TD Cowen cut Expedia Group from a “buy” rating to a “hold” rating and increased their price target for the company from $130.00 to $150.00 in a research note on Wednesday, September 25th. UBS Group upped their target price on Expedia Group from $137.00 to $156.00 and gave the stock a “neutral” rating in a report on Wednesday, October 23rd. Morgan Stanley lifted their price target on Expedia Group from $180.00 to $185.00 and gave the company an “equal weight” rating in a research note on Monday. Finally, JPMorgan Chase & Co. boosted their price target on Expedia Group from $135.00 to $170.00 and gave the stock a “neutral” rating in a report on Friday, November 8th. Twenty research analysts have rated the stock with a hold rating, ten have assigned a buy rating and three have given a strong buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $175.64.

About Expedia Group

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.