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Expedia Group, Inc. $EXPE Shares Sold by Principal Financial Group Inc.
Principal Financial Group Inc. reduced its stake in Expedia Group (NASDAQ:EXPE) by 6.6% in the third quarter, selling 10,701 shares and ending the period with 151,948 shares valued at approximately $32.48 million. This comes amid accelerated insider selling, with directors and the CAO offloading 4,849 shares worth $1.28 million in the past 90 days. Despite this, Expedia has shown strong fundamentals, beating EPS and revenue estimates, and analysts have an average price target of $291.84, suggesting potential upside from its recent share price near $231.