4,971 Shares in Expedia Group, Inc. (NASDAQ:EXPE) Purchased by Entropy Technologies LP

Entropy Technologies LP acquired a new stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 4,971 shares of the online travel company’s stock, valued at approximately $736,000.

A number of other large investors have also bought and sold shares of EXPE. Pacer Advisors Inc. increased its position in Expedia Group by 36.8% during the second quarter. Pacer Advisors Inc. now owns 2,654,200 shares of the online travel company’s stock valued at $334,403,000 after acquiring an additional 714,229 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of Expedia Group by 14.8% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,054,485 shares of the online travel company’s stock valued at $132,851,000 after purchasing an additional 135,973 shares during the last quarter. Clearbridge Investments LLC lifted its stake in shares of Expedia Group by 3.1% in the 1st quarter. Clearbridge Investments LLC now owns 971,327 shares of the online travel company’s stock valued at $133,800,000 after purchasing an additional 29,294 shares during the last quarter. AustralianSuper Pty Ltd raised its holdings in shares of Expedia Group by 8.5% in the third quarter. AustralianSuper Pty Ltd now owns 817,592 shares of the online travel company’s stock worth $121,020,000 after buying an additional 64,332 shares during the period. Finally, Acadian Asset Management LLC raised its holdings in shares of Expedia Group by 414.4% in the first quarter. Acadian Asset Management LLC now owns 686,244 shares of the online travel company’s stock worth $94,512,000 after buying an additional 552,831 shares during the period. 90.76% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts have issued reports on EXPE shares. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $130.00 target price on shares of Expedia Group in a research report on Monday, October 7th. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $140.00 price target on shares of Expedia Group in a research report on Friday, August 9th. Wells Fargo & Company lifted their price objective on Expedia Group from $130.00 to $159.00 and gave the company an “equal weight” rating in a research note on Tuesday, October 8th. Barclays lifted their price target on Expedia Group from $134.00 to $153.00 and gave the company an “equal weight” rating in a research note on Friday, November 8th. Finally, JPMorgan Chase & Co. boosted their price objective on Expedia Group from $135.00 to $170.00 and gave the stock a “neutral” rating in a research note on Friday, November 8th. Nineteen equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $162.68.

Expedia Group Price Performance

NASDAQ:EXPE opened at $182.26 on Friday. Expedia Group, Inc. has a one year low of $107.25 and a one year high of $190.40. The company has a market cap of $23.73 billion, a P/E ratio of 23.21, a P/E/G ratio of 0.70 and a beta of 1.78. The firm’s fifty day moving average price is $152.53 and its two-hundred day moving average price is $134.43. The company has a debt-to-equity ratio of 2.03, a current ratio of 0.73 and a quick ratio of 0.76.

Insider Activity at Expedia Group

In other news, insider Robert J. Dzielak sold 5,417 shares of the stock in a transaction dated Monday, August 19th. The shares were sold at an average price of $134.60, for a total value of $729,128.20. Following the completion of the transaction, the insider now owns 84,543 shares of the company’s stock, valued at approximately $11,379,487.80. This represents a 6.02 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Dara Khosrowshahi sold 10,000 shares of the 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 of the company’s stock, valued at $29,570,779.35. This trade represents a 5.04 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 35,417 shares of company stock worth $5,301,728. Corporate insiders own 6.80% of the company’s stock.

Expedia Group Company 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.