Ossiam reduced its stake in Expedia Group, Inc. (NASDAQ:EXPE – Get Rating) by 67.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 996 shares of the online travel company’s stock after selling 2,040 shares during the period. Ossiam’s holdings in Expedia Group were worth $87,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors also recently modified their holdings of the company. USS Investment Management Ltd grew its position in Expedia Group by 4.9% during the 4th quarter. USS Investment Management Ltd now owns 27,726 shares of the online travel company’s stock worth $2,428,000 after acquiring an additional 1,289 shares during the last quarter. Heritage Wealth Management LLC lifted its stake in shares of Expedia Group by 100.0% in the 4th quarter. Heritage Wealth Management LLC now owns 486 shares of the online travel company’s stock valued at $43,000 after purchasing an additional 243 shares during the period. Renaissance Technologies LLC lifted its stake in shares of Expedia Group by 42.3% in the 4th quarter. Renaissance Technologies LLC now owns 1,339,343 shares of the online travel company’s stock valued at $117,326,000 after purchasing an additional 398,300 shares during the period. ExodusPoint Capital Management LP lifted its stake in shares of Expedia Group by 107.4% in the 4th quarter. ExodusPoint Capital Management LP now owns 111,985 shares of the online travel company’s stock valued at $9,810,000 after purchasing an additional 57,992 shares during the period. Finally, Picton Mahoney Asset Management bought a new stake in shares of Expedia Group in the 4th quarter valued at $151,000. 89.89% of the stock is currently owned by institutional investors.
Insider Activity
In other news, CAO Lance A. Soliday sold 462 shares of the stock in a transaction that occurred on Monday, May 15th. The shares were sold at an average price of $91.66, for a total transaction of $42,346.92. Following the completion of the transaction, the chief accounting officer now directly owns 9,517 shares of the company’s stock, valued at approximately $872,328.22. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 8.07% of the company’s stock.
Expedia Group Stock Up 2.6 %
Wall Street Analyst Weigh In
EXPE has been the subject of a number of research reports. Morgan Stanley increased their target price on Expedia Group from $115.00 to $120.00 and gave the stock an “equal weight” rating in a report on Monday, February 27th. Bank of America raised their price objective on Expedia Group from $143.00 to $150.00 in a report on Friday, February 10th. Wedbush assumed coverage on Expedia Group in a report on Monday, June 5th. They issued a “neutral” rating and a $116.00 price objective for the company. Citigroup decreased their price objective on Expedia Group from $125.00 to $105.00 in a report on Wednesday, May 17th. Finally, Wells Fargo & Company started coverage on shares of Expedia Group in a research report on Wednesday. They set an “underweight” rating and a $93.00 price objective for the company. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and eleven have given a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $127.85.
Expedia Group Company Profile
Expedia Group, Inc is an online travel company, which engages in the provision of travel products and services to leisure and corporate travelers. It operates through the following segments: Retail, B2B, and Trivago. The Retail segment provides a full range of travel and advertising services to worldwide customers through a variety of consumer brands including: Expedia.com and Hotels.com.
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