Oak Ridge Investments LLC Has $750,000 Stock Holdings in Expedia Group, Inc. (NASDAQ:EXPE)

Oak Ridge Investments LLC increased its position in Expedia Group, Inc. (NASDAQ:EXPE) by 4.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,025 shares of the online travel company’s stock after buying an additional 171 shares during the quarter. Oak Ridge Investments LLC’s holdings in Expedia Group were worth $750,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in EXPE. Venturi Wealth Management LLC increased its position in Expedia Group by 709.8% in the 3rd quarter. Venturi Wealth Management LLC now owns 332 shares of the online travel company’s stock valued at $49,000 after acquiring an additional 291 shares during the period. Brooklyn Investment Group bought a new stake in shares of Expedia Group in the third quarter worth $51,000. Future Financial Wealth Managment LLC acquired a new stake in Expedia Group in the third quarter valued at $74,000. Versant Capital Management Inc raised its position in Expedia Group by 299.3% during the 4th quarter. Versant Capital Management Inc now owns 559 shares of the online travel company’s stock worth $104,000 after purchasing an additional 419 shares during the last quarter. Finally, Ashton Thomas Securities LLC acquired a new position in Expedia Group during the 3rd quarter worth about $118,000. Institutional investors own 90.76% of the company’s stock.

Expedia Group Trading Down 0.7 %

Shares of EXPE stock opened at $187.28 on Monday. Expedia Group, Inc. has a 52-week low of $107.25 and a 52-week high of $192.34. The company has a 50-day simple moving average of $184.66 and a two-hundred day simple moving average of $156.14. 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 has a market capitalization of $24.04 billion, a price-to-earnings ratio of 24.10, a PEG ratio of 0.81 and a beta of 1.83.

Wall Street Analysts Forecast Growth

EXPE has been the subject of several recent research reports. Bank of America raised Expedia Group from a “neutral” rating to a “buy” rating and increased their price target for the company from $187.00 to $221.00 in a research note on Wednesday, December 18th. JMP Securities reissued a “market perform” rating on shares of Expedia Group in a research report on Monday, December 16th. Jefferies Financial Group boosted their price target on shares of Expedia Group from $145.00 to $160.00 and gave the stock a “hold” rating in a research report on Tuesday, October 22nd. UBS Group increased their price objective on shares of Expedia Group from $137.00 to $156.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 23rd. Finally, Barclays lifted their target price on shares of Expedia Group from $153.00 to $166.00 and gave the stock an “equal weight” rating in a research note on Monday, January 13th. Twenty research analysts have rated the stock with a hold rating, ten have assigned a buy rating and three have issued a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $175.96.

Insider Activity

In other Expedia Group news, Director Dara Khosrowshahi sold 10,000 shares of the business’s stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $185.15, for a total value of $1,851,500.00. Following the transaction, the director now owns 168,505 shares of the company’s stock, valued at approximately $31,198,700.75. The trade was a 5.60 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Lance A. Soliday sold 7,000 shares of the company’s stock in a transaction on Thursday, November 14th. The shares were sold at an average price of $181.99, for a total value of $1,273,930.00. Following the completion of the transaction, the chief accounting officer now 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 disclosure for this sale can be found here. Insiders sold a total of 28,951 shares of company stock valued at $5,045,310 over the last three months. Corporate insiders own 6.80% of the company’s stock.

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.