StockNews.com upgraded shares of Expedia Group (NASDAQ:EXPE - Free Report) from a buy rating to a strong-buy rating in a report issued on Saturday.
A number of other brokerages have also commented on EXPE. Robert W. Baird began coverage on Expedia Group in a report on Wednesday, November 27th. They set an "outperform" rating and a $225.00 price objective on the stock. Jefferies Financial Group increased their price target on Expedia Group from $145.00 to $160.00 and gave the company a "hold" rating in a report on Tuesday, October 22nd. Barclays lifted their price target on shares of Expedia Group from $134.00 to $153.00 and gave the company an "equal weight" rating in a research report on Friday, November 8th. Morgan Stanley raised their target price on shares of Expedia Group from $150.00 to $180.00 and gave the company an "equal weight" rating in a research note on Friday, November 22nd. Finally, Wells Fargo & Company boosted their target price on shares of Expedia Group from $130.00 to $159.00 and gave the stock an "equal weight" rating in a research report on Tuesday, October 8th. Twenty equities research analysts have rated the stock with a hold rating, eight have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $167.67.
Get Our Latest Report on EXPE
Expedia Group Stock Down 0.8 %
NASDAQ:EXPE traded down $1.56 during trading hours on Friday, reaching $183.00. The company's stock had a trading volume of 871,843 shares, compared to its average volume of 2,085,598. The company has a debt-to-equity ratio of 2.03, a current ratio of 0.73 and a quick ratio of 0.73. The company has a market cap of $23.49 billion, a price-to-earnings ratio of 23.55, a price-to-earnings-growth ratio of 1.07 and a beta of 1.84. Expedia Group has a one year low of $107.25 and a one year high of $192.34. The business's 50-day moving average is $171.80 and its 200-day moving average is $144.68.
Insider Buying and Selling
In related news, insider Robert J. Dzielak sold 1,951 shares of Expedia Group stock in a transaction dated Thursday, November 21st. The stock was 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 directly owns 85,250 shares of the company's stock, valued at $15,345,000. The trade was a 2.24 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CAO Lance A. Soliday sold 7,000 shares of the stock in a transaction dated 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 sale, the chief accounting officer now directly owns 11,187 shares in the company, valued at approximately $2,035,922.13. This represents a 38.49 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 38,951 shares of company stock worth $6,197,710 in the last three months. Insiders own 6.80% of the company's stock.
Institutional Trading of Expedia Group
A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Innealta Capital LLC bought a new position in Expedia Group in the 2nd quarter valued at $27,000. Blue Trust Inc. boosted its holdings in Expedia Group by 93.8% in the second 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. Venturi Wealth Management LLC boosted its holdings in 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 acquiring an additional 291 shares during the last quarter. Brooklyn Investment Group acquired a new stake in Expedia Group in the third quarter worth about $51,000. Finally, Future Financial Wealth Managment LLC bought a new stake in Expedia Group during the 3rd quarter worth about $74,000. Institutional investors and hedge funds 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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