Oppenheimer Asset Management Inc. Has $3.82 Million Stock Position in Expedia Group, Inc. $EXPE

Oppenheimer Asset Management Inc. lifted its holdings in Expedia Group, Inc. (NASDAQ:EXPE) by 25.6% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 17,873 shares of the online travel company’s stock after purchasing an additional 3,642 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in Expedia Group were worth $3,820,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the stock. Grey Fox Wealth Advisors LLC acquired a new position in Expedia Group in the 3rd quarter worth $30,000. Spire Wealth Management boosted its position in Expedia Group by 114.3% during the 2nd quarter. Spire Wealth Management now owns 150 shares of the online travel company’s stock worth $25,000 after acquiring an additional 80 shares during the last quarter. SOA Wealth Advisors LLC. bought a new position in Expedia Group in the third quarter valued at $36,000. Armstrong Advisory Group Inc. raised its holdings in Expedia Group by 212.7% during the third quarter. Armstrong Advisory Group Inc. now owns 172 shares of the online travel company’s stock worth $37,000 after acquiring an additional 117 shares in the last quarter. Finally, Westside Investment Management Inc. increased its position in shares of Expedia Group by 43.2% during the 3rd quarter. Westside Investment Management Inc. now owns 189 shares of the online travel company’s stock worth $41,000 after purchasing an additional 57 shares during the last quarter. 90.76% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, CAO Lance A. Soliday sold 849 shares of the business’s stock in a transaction on Friday, November 21st. The stock was sold at an average price of $248.08, for a total transaction of $210,619.92. Following the completion of the transaction, the chief accounting officer owned 11,662 shares of the company’s stock, valued at approximately $2,893,108.96. The trade was a 6.79% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Madhumita Moina Banerjee sold 1,000 shares of the stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $258.00, for a total transaction of $258,000.00. Following the completion of the transaction, the director directly owned 2,916 shares of the company’s stock, valued at $752,328. This trade represents a 25.54% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 9.13% of the company’s stock.

Expedia Group Stock Performance

NASDAQ EXPE opened at $233.60 on Thursday. The firm’s 50 day simple moving average is $275.04 and its 200 day simple moving average is $239.91. The firm has a market capitalization of $28.62 billion, a price-to-earnings ratio of 22.35, a P/E/G ratio of 0.77 and a beta of 1.41. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 1.72. Expedia Group, Inc. has a 1 year low of $130.01 and a 1 year high of $303.80.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on EXPE shares. Cantor Fitzgerald boosted their price objective on shares of Expedia Group from $220.00 to $285.00 and gave the stock a “neutral” rating in a research note on Friday, November 7th. UBS Group lifted their target price on Expedia Group from $257.00 to $270.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 3rd. TD Cowen upped their price target on shares of Expedia Group from $256.00 to $300.00 in a research note on Tuesday, February 3rd. Sanford C. Bernstein lifted their price target on Expedia Group from $210.00 to $256.00 and gave the stock a “market perform” rating in a report on Tuesday, January 6th. Finally, Wall Street Zen upgraded shares of Expedia Group from a “buy” rating to a “strong-buy” rating in a research report on Saturday, February 7th. Fourteen research analysts have rated the stock with a Buy rating and twenty have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $292.23.

Expedia Group Company Profile

Expedia Group (NASDAQ: EXPE) is a global travel technology company that operates an online marketplace connecting consumers, travel suppliers and third‑party partners. The company’s platform enables search, comparison and booking of travel products and services, including hotels, airline tickets, vacation rentals, car rentals, cruises and packaged travel. Its portfolio comprises consumer-facing travel brands as well as corporate travel solutions and technology services that serve both leisure and business travelers.

Key offerings include consumer booking platforms and mobile apps that aggregate inventory from hotels, vacation rental managers, airlines and car rental companies, alongside ancillary travel services such as trip insurance and activities.