Expedia Group (NASDAQ:EXPE) Now Covered by Analysts at Robert W. Baird

Robert W. Baird assumed coverage on shares of Expedia Group (NASDAQ:EXPE) in a research report released on Wednesday morning, Marketbeat.com reports. The firm issued an outperform rating and a $225.00 price target on the online travel company’s stock.

Several other equities analysts also recently issued reports on EXPE. Jefferies Financial Group lifted their price objective on Expedia Group from $145.00 to $160.00 and gave the company a “hold” rating in a research report on Tuesday, October 22nd. Oppenheimer lifted their price objective on Expedia Group from $155.00 to $210.00 and gave the company an “outperform” rating in a research report on Friday, November 8th. Deutsche Bank Aktiengesellschaft downgraded Expedia Group from a “buy” rating to a “hold” rating in a research report on Friday, November 8th. 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 report on Tuesday, October 8th. Finally, Citigroup lifted their price objective on Expedia Group from $140.00 to $145.00 and gave the stock a “neutral” rating in a research report on Friday, August 9th. Twenty analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to MarketBeat, Expedia Group currently has a consensus rating of “Hold” and an average price target of $167.67.

Expedia Group Price Performance

Shares of EXPE stock opened at $184.92 on Wednesday. The stock’s fifty day simple moving average is $162.14 and its 200 day simple moving average is $138.64. The company has a debt-to-equity ratio of 2.03, a current ratio of 0.73 and a quick ratio of 0.73. Expedia Group has a one year low of $107.25 and a one year high of $190.40. The firm has a market cap of $23.73 billion, a price-to-earnings ratio of 23.80, a P/E/G ratio of 0.72 and a beta of 1.78.

Insider Activity

In related 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 transaction of $1,501,800.00. Following the transaction, the director now directly owns 198,505 shares of the company’s stock, valued at $29,811,480.90. This represents a 4.80 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Robert J. Dzielak sold 1,951 shares of the company’s stock in a transaction on 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 owns 85,250 shares in the company, valued at approximately $15,345,000. The trade was a 2.24 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 38,951 shares of company stock valued at $6,197,710. 6.80% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Windacre Partnership LLC raised its holdings in Expedia Group by 49.5% during the third quarter. Windacre Partnership LLC now owns 4,323,700 shares of the online travel company’s stock worth $639,994,000 after buying an additional 1,431,500 shares during the last quarter. Pacer Advisors Inc. raised its holdings in shares of Expedia Group by 22.5% in the third quarter. Pacer Advisors Inc. now owns 3,250,710 shares of the online travel company’s stock valued at $481,170,000 after purchasing an additional 596,510 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of Expedia Group by 0.6% in the third quarter. Geode Capital Management LLC now owns 3,197,927 shares of the online travel company’s stock valued at $472,212,000 after purchasing an additional 20,005 shares during the last quarter. Fisher Asset Management LLC raised its holdings in shares of Expedia Group by 9.4% in the third quarter. Fisher Asset Management LLC now owns 1,689,485 shares of the online travel company’s stock valued at $250,078,000 after purchasing an additional 144,579 shares during the last quarter. Finally, Alkeon Capital Management LLC raised its holdings in shares of Expedia Group by 46.3% in the third quarter. Alkeon Capital Management LLC now owns 1,576,472 shares of the online travel company’s stock valued at $233,349,000 after purchasing an additional 498,934 shares during the last quarter. Institutional investors and hedge funds own 90.76% 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.