Melius Research upgraded shares of Expedia Group (NASDAQ:EXPE - Free Report) from a hold rating to a strong-buy rating in a research report report published on Monday,Zacks.com reports.
EXPE has been the subject of several other reports. JPMorgan Chase & Co. lifted their target price on Expedia Group from $135.00 to $170.00 and gave the company a "neutral" rating in a research report on Friday, November 8th. Jefferies Financial Group lifted their price objective on shares of Expedia Group from $145.00 to $160.00 and gave the company a "hold" rating in a report on Tuesday, October 22nd. JMP Securities reiterated a "market perform" rating on shares of Expedia Group in a report on Monday, December 16th. Wells Fargo & Company boosted their price target on shares of Expedia Group from $130.00 to $159.00 and gave the stock an "equal weight" rating in a research note on Tuesday, October 8th. Finally, TD Cowen cut Expedia Group from a "buy" rating to a "hold" rating and increased their price objective for the company from $130.00 to $150.00 in a research note on Wednesday, September 25th. Twenty research analysts have rated the stock with a hold rating, nine have given a buy rating and three have given a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $171.63.
View Our Latest Analysis on EXPE
Expedia Group Trading Down 1.4 %
NASDAQ:EXPE traded down $2.66 during trading hours on Monday, reaching $182.33. 1,164,828 shares of the stock were exchanged, compared to its average volume of 1,083,232. Expedia Group has a twelve month low of $107.25 and a twelve month 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 business has a 50-day moving average of $181.80 and a two-hundred day moving average of $152.85. The company has a market capitalization of $23.40 billion, a price-to-earnings ratio of 23.47, a PEG ratio of 1.07 and a beta of 1.83.
Insider Transactions at Expedia Group
In other news, Director Dara Khosrowshahi sold 10,000 shares of the stock in a transaction dated Friday, November 1st. The shares were sold at an average price of $156.87, for a total transaction of $1,568,700.00. Following the completion of the sale, the director now owns 188,505 shares in the company, valued at approximately $29,570,779.35. This represents a 5.04 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Robert J. Dzielak sold 1,951 shares of the business's stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $180.00, for a total value of $351,180.00. Following the completion of the transaction, the insider now owns 85,250 shares in the company, valued at $15,345,000. This trade represents a 2.24 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 28,951 shares of company stock worth $5,045,310. Insiders own 6.80% of the company's stock.
Institutional Investors Weigh In On Expedia Group
Several large investors have recently modified their holdings of the stock. Venturi Wealth Management LLC increased its stake in Expedia Group by 709.8% in the 3rd quarter. Venturi Wealth Management LLC now owns 332 shares of the online travel company's stock valued at $49,000 after buying an additional 291 shares during the period. Brooklyn Investment Group purchased a new stake in shares of Expedia Group in the third quarter valued at about $51,000. Strategic Financial Concepts LLC acquired a new position in shares of Expedia Group during the second quarter worth about $65,000. Future Financial Wealth Managment LLC purchased a new position in Expedia Group during the third quarter worth about $74,000. Finally, Versant Capital Management Inc lifted its position in Expedia Group by 299.3% in the fourth quarter. Versant Capital Management Inc now owns 559 shares of the online travel company's stock valued at $104,000 after purchasing an additional 419 shares during the period. Hedge funds and other institutional investors own 90.76% of the company's stock.
About Expedia Group
(
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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.
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