Ingalls & Snyder LLC Has $20.86 Million Position in Expedia Group, Inc. (NASDAQ:EXPE)

Ingalls & Snyder LLC raised its position in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 25.1% during the 3rd quarter, Holdings Channel.com reports. The firm owned 140,925 shares of the online travel company’s stock after acquiring an additional 28,250 shares during the period. Expedia Group accounts for 0.8% of Ingalls & Snyder LLC’s investment portfolio, making the stock its 29th biggest position. Ingalls & Snyder LLC’s holdings in Expedia Group were worth $20,860,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in EXPE. Innealta Capital LLC acquired a new stake in Expedia Group during the 2nd quarter valued at $27,000. Blue Trust Inc. increased its stake in shares of Expedia Group by 93.8% in the second quarter. Blue Trust Inc. now owns 217 shares of the online travel company’s stock worth $30,000 after acquiring an additional 105 shares during the last quarter. Venturi Wealth Management LLC increased its stake in shares of Expedia Group by 709.8% in the third quarter. Venturi Wealth Management LLC now owns 332 shares of the online travel company’s stock worth $49,000 after acquiring an additional 291 shares during the last quarter. Brooklyn Investment Group acquired a new position in shares of Expedia Group in the third quarter worth $51,000. Finally, Strategic Financial Concepts LLC acquired a new position in shares of Expedia Group in the second quarter worth $65,000. 90.76% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

EXPE has been the topic of a number of research reports. StockNews.com downgraded shares of Expedia Group from a “strong-buy” rating to a “buy” rating in a research note on Saturday, November 9th. Jefferies Financial Group upped their price objective on shares of Expedia Group from $145.00 to $160.00 and gave the stock a “hold” rating in a report on Tuesday, October 22nd. UBS Group upped their price target on shares of Expedia Group from $137.00 to $156.00 and gave the company a “neutral” rating in a report on Wednesday, October 23rd. Baird R W upgraded shares of Expedia Group to a “strong-buy” rating in a report on Wednesday, November 27th. Finally, Wells Fargo & Company upped their price target on shares of Expedia Group from $130.00 to $159.00 and gave the company an “equal weight” rating in a report on Tuesday, October 8th. Twenty research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, Expedia Group has a consensus rating of “Hold” and an average price target of $167.67.

Insider Buying and Selling

In related news, insider Robert J. Dzielak sold 1,951 shares of the firm’s stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $180.00, for a total transaction of $351,180.00. Following the sale, the insider now directly owns 85,250 shares in the company, valued at $15,345,000. This trade represents a 2.24 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, 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 sale, the chief accounting officer now owns 11,187 shares in the company, valued at approximately $2,035,922.13. The trade was a 38.49 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 38,951 shares of company stock worth $6,197,710 over the last ninety days. Company insiders own 6.80% of the company’s stock.

Expedia Group Trading Down 0.5 %

Shares of NASDAQ EXPE traded down $1.01 during midday trading on Tuesday, reaching $184.00. 20,094 shares of the stock were exchanged, compared to its average volume of 2,119,725. The business has a 50-day simple moving average of $164.62 and a two-hundred day simple moving average of $140.34. The company has a market capitalization of $23.62 billion, a price-to-earnings ratio of 23.81, a P/E/G ratio of 0.73 and a beta of 1.84. Expedia Group, Inc. has a 12 month low of $107.25 and a 12 month high of $190.40. The company has a debt-to-equity ratio of 2.03, a current ratio of 0.73 and a quick ratio of 0.73.

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.