DA Davidson Boosts Expedia Group (NASDAQ:EXPE) Price Target to $190.00

Expedia Group (NASDAQ:EXPE - Get Free Report) had its price objective hoisted by analysts at DA Davidson from $135.00 to $190.00 in a research report issued on Monday,Benzinga reports. The brokerage currently has a "neutral" rating on the online travel company's stock. DA Davidson's price target would indicate a potential upside of 5.32% from the stock's current price.

EXPE has been the topic of a number of other research reports. Deutsche Bank Aktiengesellschaft lowered Expedia Group from a "buy" rating to a "hold" rating in a report on Friday, November 8th. Barclays raised their target price on Expedia Group from $134.00 to $153.00 and gave the stock an "equal weight" rating in a research report on Friday, November 8th. UBS Group raised their target price on Expedia Group from $137.00 to $156.00 and gave the stock a "neutral" rating in a research report on Wednesday, October 23rd. Susquehanna lifted their price objective on Expedia Group from $145.00 to $190.00 and gave the company a "neutral" rating in a research report on Monday, November 11th. Finally, StockNews.com downgraded Expedia Group from a "strong-buy" rating to a "buy" rating in a research report on Saturday, November 9th. Nineteen research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat.com, Expedia Group presently has a consensus rating of "Hold" and a consensus target price of $164.88.

Expedia Group Stock Down 0.5 %

Shares of NASDAQ EXPE traded down $0.95 during mid-day trading on Monday, reaching $180.40. 1,282,777 shares of the company traded hands, compared to its average volume of 2,170,050. The company has a debt-to-equity ratio of 2.03, a quick ratio of 0.76 and a current ratio of 0.73. The stock has a market cap of $23.48 billion, a PE ratio of 23.14, a price-to-earnings-growth ratio of 0.71 and a beta of 1.78. The company's fifty day moving average is $154.45 and its two-hundred day moving average is $135.09. Expedia Group has a fifty-two week low of $107.25 and a fifty-two week high of $190.40.

Insider Buying and Selling at Expedia Group

In other news, CAO Lance A. Soliday sold 7,000 shares of the company's stock in a transaction that occurred on Thursday, November 14th. The stock was sold at an average price of $181.99, for a total value of $1,273,930.00. Following the transaction, the chief accounting officer now owns 11,187 shares of the company's stock, valued at approximately $2,035,922.13. This represents a 38.49 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Dara Khosrowshahi sold 10,000 shares of the company's stock in a transaction that occurred on Friday, November 1st. The shares were sold at an average price of $156.87, for a total value of $1,568,700.00. Following the completion of the transaction, the director now directly owns 188,505 shares in the company, valued at $29,570,779.35. The trade was a 5.04 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 37,000 shares of company stock valued at $5,846,530. Company insiders own 6.80% of the company's stock.

Institutional Investors Weigh In On Expedia Group

Large investors have recently added to or reduced their stakes in the stock. Innealta Capital LLC bought a new stake in Expedia Group during the second quarter worth $27,000. Blue Trust Inc. lifted its stake in shares of Expedia Group by 93.8% in the 2nd quarter. Blue Trust Inc. now owns 217 shares of the online travel company's stock valued at $30,000 after acquiring an additional 105 shares during the last quarter. Crewe Advisors LLC bought a new position in shares of Expedia Group in the 1st quarter valued at $40,000. LRI Investments LLC bought a new position in shares of Expedia Group in the 1st quarter valued at $48,000. Finally, Venturi Wealth Management LLC lifted its stake in shares of 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 acquiring an additional 291 shares during the last quarter. 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.