Janney Montgomery Scott LLC Lowers Stock Holdings in Expedia Group, Inc. (NASDAQ:EXPE)

Janney Montgomery Scott LLC trimmed its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 46.9% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 30,315 shares of the online travel company's stock after selling 26,739 shares during the period. Janney Montgomery Scott LLC's holdings in Expedia Group were worth $4,601,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in EXPE. Boston Partners grew its position in shares of Expedia Group by 1.3% during the 3rd quarter. Boston Partners now owns 2,567,830 shares of the online travel company's stock valued at $264,627,000 after acquiring an additional 32,191 shares during the period. Northern Trust Corp lifted its stake in shares of Expedia Group by 1.5% during the 3rd quarter. Northern Trust Corp now owns 1,557,816 shares of the online travel company's stock valued at $160,564,000 after buying an additional 22,518 shares in the last quarter. Fisher Asset Management LLC lifted its stake in shares of Expedia Group by 4.3% during the 4th quarter. Fisher Asset Management LLC now owns 1,439,626 shares of the online travel company's stock valued at $218,521,000 after buying an additional 59,530 shares in the last quarter. Clearbridge Investments LLC lifted its stake in shares of Expedia Group by 2.0% during the 3rd quarter. Clearbridge Investments LLC now owns 949,423 shares of the online travel company's stock valued at $97,857,000 after buying an additional 18,471 shares in the last quarter. Finally, AQR Capital Management LLC lifted its stake in shares of Expedia Group by 7.9% during the 3rd quarter. AQR Capital Management LLC now owns 769,665 shares of the online travel company's stock valued at $79,329,000 after buying an additional 56,186 shares in the last quarter. 90.76% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Expedia Group

In other news, Director Craig A. Jacobson sold 6,722 shares of the business's stock in a transaction dated Wednesday, May 15th. The shares were sold at an average price of $112.71, for a total transaction of $757,636.62. Following the completion of the sale, the director now owns 32,620 shares of the company's stock, valued at $3,676,600.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Expedia Group news, Director Craig A. Jacobson sold 6,722 shares of the business's stock in a transaction dated Wednesday, May 15th. The shares were sold at an average price of $112.71, for a total value of $757,636.62. Following the transaction, the director now directly owns 32,620 shares in the company, valued at approximately $3,676,600.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Lance A. Soliday sold 5,119 shares of the business's stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $137.21, for a total transaction of $702,377.99. Following the completion of the transaction, the chief accounting officer now owns 10,880 shares in the company, valued at $1,492,844.80. The disclosure for this sale can be found here. 8.07% of the stock is owned by corporate insiders.

Analyst Ratings Changes

EXPE has been the topic of several research analyst reports. BTIG Research decreased their price target on shares of Expedia Group from $175.00 to $150.00 and set a "buy" rating on the stock in a research note on Tuesday. Jefferies Financial Group reduced their target price on shares of Expedia Group from $150.00 to $145.00 and set a "hold" rating on the stock in a report on Tuesday, March 19th. Bank of America downgraded shares of Expedia Group from a "buy" rating to a "neutral" rating and set a $156.00 target price on the stock. in a report on Friday, February 9th. Benchmark restated a "buy" rating and issued a $180.00 target price on shares of Expedia Group in a report on Friday, May 3rd. Finally, JPMorgan Chase & Co. cut their price target on shares of Expedia Group from $136.00 to $128.00 and set a "neutral" rating on the stock in a report on Friday, May 3rd. Sixteen analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $148.12.

Expedia Group Stock Performance

EXPE traded up $0.36 on Wednesday, reaching $112.07. The stock had a trading volume of 1,597,810 shares, compared to its average volume of 2,642,811. Expedia Group, Inc. has a 12-month low of $92.00 and a 12-month high of $160.05. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 2.93. The business's 50-day moving average price is $128.47 and its two-hundred day moving average price is $136.87. The company has a market cap of $15.27 billion, a P/E ratio of 20.92, a price-to-earnings-growth ratio of 0.43 and a beta of 1.83.

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.