Loomis Sayles & Co. L P Has $11.43 Million Holdings in Expedia Group, Inc. (NASDAQ:EXPE)

Loomis Sayles & Co. L P trimmed its position in Expedia Group, Inc. (NASDAQ:EXPE) by 23.5% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 77,197 shares of the online travel company’s stock after selling 23,728 shares during the period. Loomis Sayles & Co. L P’s holdings in Expedia Group were worth $11,427,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the company. Innealta Capital LLC acquired a new position in Expedia Group during the second quarter valued at $27,000. Blue Trust Inc. increased its holdings in shares of Expedia Group by 93.8% in the 2nd 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. LRI Investments LLC purchased a new stake in shares of Expedia Group in the first quarter worth approximately $48,000. Venturi Wealth Management LLC boosted its holdings in shares of Expedia Group by 709.8% during the third quarter. Venturi Wealth Management LLC now owns 332 shares of the online travel company’s stock worth $49,000 after purchasing an additional 291 shares during the period. Finally, Strategic Financial Concepts LLC purchased a new position in Expedia Group during the second quarter valued at approximately $65,000. 90.76% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Expedia Group

In other news, Director Dara Khosrowshahi sold 10,000 shares of the stock in a transaction on Friday, October 4th. The shares were sold at an average price of $150.18, for a total value of $1,501,800.00. Following the completion of the transaction, the director now owns 198,505 shares in the company, valued at approximately $29,811,480.90. This represents a 4.80 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Robert J. Dzielak sold 1,951 shares of the firm’s stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $180.00, for a total transaction of $351,180.00. Following the transaction, the insider now directly owns 85,250 shares of the company’s stock, valued at $15,345,000. The trade was a 2.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 38,951 shares of company stock worth $6,197,710. 6.80% of the stock is owned by corporate insiders.

Expedia Group Trading Down 0.7 %

Expedia Group stock opened at $184.92 on Thursday. The business has a 50 day moving average price of $162.14 and a two-hundred day moving average price of $138.64. 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 $190.40. The stock has a market cap of $23.73 billion, a price-to-earnings ratio of 23.80, a price-to-earnings-growth ratio of 0.72 and a beta of 1.78.

Wall Street Analyst Weigh In

EXPE has been the subject of a number of research reports. UBS Group lifted their target price on shares of Expedia Group from $137.00 to $156.00 and gave the company a “neutral” rating in a research note on Wednesday, October 23rd. Jefferies Financial Group boosted their target price on Expedia Group from $145.00 to $160.00 and gave the company a “hold” rating in a research note on Tuesday, October 22nd. Wedbush raised their price target on Expedia Group from $130.00 to $180.00 and gave the stock a “neutral” rating in a research note on Friday, November 8th. Wells Fargo & Company boosted their price target 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. Finally, Deutsche Bank Aktiengesellschaft lowered shares of Expedia Group from a “buy” rating to a “hold” rating in a research report on Friday, November 8th. Twenty research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $167.67.

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.