Cornercap Investment Counsel Inc. Has $1.64 Million Holdings in Expedia Group, Inc. (NASDAQ:EXPE)

Cornercap Investment Counsel Inc. decreased its stake in Expedia Group, Inc. (NASDAQ:EXPE) by 30.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 11,055 shares of the online travel company’s stock after selling 4,833 shares during the period. Cornercap Investment Counsel Inc.’s holdings in Expedia Group were worth $1,636,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of EXPE. Innealta Capital LLC bought a new position in Expedia Group in the second quarter worth $27,000. Blue Trust Inc. lifted its holdings in shares of Expedia Group by 93.8% during the 2nd 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 period. Crewe Advisors LLC bought a new position in shares of Expedia Group during the 1st quarter worth about $40,000. Venturi Wealth Management LLC boosted its position in shares of Expedia Group by 709.8% during the 3rd quarter. Venturi Wealth Management LLC now owns 332 shares of the online travel company’s stock valued at $49,000 after acquiring an additional 291 shares in the last quarter. Finally, LRI Investments LLC bought a new stake in Expedia Group in the first quarter valued at about $48,000. Institutional investors own 90.76% of the company’s stock.

Expedia Group Stock Performance

Shares of NASDAQ EXPE opened at $182.26 on Friday. Expedia Group, Inc. has a one year low of $107.25 and a one year 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 0.76. The stock’s fifty day moving average price is $152.53 and its two-hundred day moving average price is $134.43. The firm has a market cap of $23.73 billion, a price-to-earnings ratio of 23.46, a P/E/G ratio of 0.71 and a beta of 1.78.

Insider Activity at Expedia Group

In related news, Director Dara Khosrowshahi sold 10,000 shares of the firm’s stock in a transaction on Friday, September 27th. The stock was sold at an average price of $150.21, for a total value of $1,502,100.00. Following the transaction, the director now owns 208,505 shares in the company, valued at approximately $31,319,536.05. This trade represents a 4.58 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Robert J. Dzielak sold 5,417 shares of the stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $134.60, for a total transaction of $729,128.20. Following the sale, the insider now owns 84,543 shares in the company, valued at $11,379,487.80. The trade was a 6.02 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 35,417 shares of company stock worth $5,301,728. Company insiders own 6.80% of the company’s stock.

Analyst Upgrades and Downgrades

EXPE has been the subject of a number of recent research reports. JPMorgan Chase & Co. increased their target price on Expedia Group from $135.00 to $170.00 and gave the stock a “neutral” rating in a report on Friday, November 8th. Wells Fargo & Company boosted their target price on Expedia Group from $130.00 to $159.00 and gave the stock an “equal weight” rating in a research report on Tuesday, October 8th. Bank of America increased their price target on Expedia Group from $144.00 to $166.00 and gave the company a “neutral” rating in a research note on Friday, October 25th. Oppenheimer increased their target price on Expedia Group from $155.00 to $210.00 and gave the company an “outperform” rating in a research note on Friday, November 8th. Finally, Deutsche Bank Aktiengesellschaft downgraded Expedia Group from a “buy” rating to a “hold” rating in a research note on Friday, November 8th. Nineteen equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat, Expedia Group currently has an average rating of “Hold” and a consensus target price of $162.68.

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.