Expedia Group, Inc. (NASDAQ:EXPE) Receives Consensus Recommendation of "Hold" from Analysts

Expedia Group, Inc. (NASDAQ:EXPE - Get Free Report) has been given an average rating of "Hold" by the twenty-nine ratings firms that are currently covering the firm, Marketbeat Ratings reports. Twenty research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $169.77.

A number of analysts recently commented on the stock. Susquehanna upped their price objective on shares of Expedia Group from $145.00 to $190.00 and gave the company a "neutral" rating in a research report on Monday, November 11th. Benchmark increased their price target on Expedia Group from $180.00 to $200.00 and gave the stock a "buy" rating in a report on Friday, November 8th. DA Davidson raised their price target on Expedia Group from $135.00 to $190.00 and gave the stock a "neutral" rating in a research report on Monday, November 18th. JPMorgan Chase & Co. boosted their price objective on Expedia Group from $135.00 to $170.00 and gave the company a "neutral" rating in a research report on Friday, November 8th. Finally, Oppenheimer raised their target price on shares of Expedia Group from $155.00 to $210.00 and gave the stock an "outperform" rating in a report on Friday, November 8th.

Expedia Group Trading Down 2.1 %

NASDAQ EXPE traded down $4.01 during trading on Friday, reaching $186.11. 1,395,047 shares of the stock traded hands, compared to its average volume of 2,067,267. Expedia Group has a fifty-two week low of $107.25 and a fifty-two week high of $192.34. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 2.03. The firm has a market cap of $23.89 billion, a price-to-earnings ratio of 23.95, a price-to-earnings-growth ratio of 1.07 and a beta of 1.84. The stock's 50-day moving average price is $178.21 and its 200 day moving average price is $149.87.

Insider Activity

In other news, CAO Lance A. Soliday sold 7,000 shares of Expedia Group stock in a transaction that occurred on Thursday, November 14th. The stock was sold at an average price of $181.99, for a total transaction of $1,273,930.00. Following the completion of the transaction, the chief accounting officer now directly owns 11,187 shares in the company, valued at approximately $2,035,922.13. The trade was a 38.49 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Robert J. Dzielak sold 1,951 shares of the business's stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $180.00, for a total value of $351,180.00. Following the transaction, the insider now directly owns 85,250 shares in the company, valued at $15,345,000. The trade was a 2.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 28,951 shares of company stock valued at $4,695,610 in the last quarter. Company insiders own 6.80% of the company's stock.

Institutional Trading of Expedia Group

Hedge funds have recently modified their holdings of the stock. Innealta Capital LLC acquired a new position in Expedia Group in the 2nd quarter valued at about $27,000. Venturi Wealth Management LLC grew its position in shares of Expedia Group by 709.8% in the third quarter. Venturi Wealth Management LLC now owns 332 shares of the online travel company's stock valued at $49,000 after purchasing an additional 291 shares during the last quarter. Brooklyn Investment Group bought a new position in shares of Expedia Group during the third quarter worth approximately $51,000. Future Financial Wealth Managment LLC bought a new position in shares of Expedia Group during the third quarter worth approximately $74,000. Finally, Ashton Thomas Securities LLC acquired a new stake in Expedia Group during the 3rd quarter worth approximately $118,000. Institutional investors and hedge funds own 90.76% of the company's stock.

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.