Expedia Group Inc.'s (EXPE) stock position has seen varied transactions from several firms and hedge funds. While Stock Yards Bank & Trust Co., Independence Bank of Kentucky, Tran Capital Management L.P., and Two Sigma Advisers LP shed their position, entities like
Pallas Capital Advisors LLC, Abacus FCF Advisors LLC, Mackenzie Financial Corp, Central Bank & Trust Co., and Vise Technologies Inc. bought more shares.
Retireful LLC and
Wright Investors Service Inc. also purchased new shares. Despite weak U.S. travel demand and soft Q1 results causing a slump, there are bullish indicators, including a reversal pattern with a $200 price target.
Expedia's Q4 results were robust, causing a surge in the stock. However, insiders at Expedia sold US$5.2m in stock, suggesting potential weakness. Meanwhile, the company has innovatively launched a new B2B platform projected to save hotels $120M and convert Instagram reels into bookable trips. Analyst confidence in the stock remains relatively high, despite weak U.S. travel demand causing revenue misses.
Expedia Stocks EXPE News Analytics from Tue, 05 Nov 2024 08:00:00 GMT to Sat, 14 Jun 2025 11:29:19 GMT -
Rating 2
- Innovation 8
- Information 7
- Rumor -1
