A number of other research firms have also recently commented on EXPE. Deutsche Bank Aktiengesellschaft raised their target price on shares of Expedia Group from $218.00 to $235.00 in a research note on Tuesday. Jefferies Financial Group began coverage on shares of Expedia Group in a research report on Friday, January 7th. They set a “hold” rating and a $200.00 price objective on the stock. Citigroup lifted their price objective on shares of Expedia Group from $198.00 to $200.00 and gave the company a “neutral” rating in a research report on Wednesday, April 20th. Morgan Stanley lifted their price objective on shares of Expedia Group from $200.00 to $215.00 and gave the company an “equal weight” rating in a research report on Thursday, February 24th. Finally, Royal Bank of Canada reduced their price objective on shares of Expedia Group from $200.00 to $185.00 in a research report on Tuesday. One analyst has rated the stock with a sell rating, sixteen have given a hold rating and twelve have issued a buy rating to the company’s stock. According to MarketBeat, Expedia Group currently has a consensus rating of “Hold” and a consensus target price of $208.71.
NASDAQ:EXPE opened at $149.56 on Thursday. The firm has a 50-day simple moving average of $184.48 and a two-hundred day simple moving average of $179.97. The company has a debt-to-equity ratio of 2.17, a quick ratio of 0.87 and a current ratio of 0.87. The firm has a market cap of $23.29 billion, a P/E ratio of 128.93, a P/E/G ratio of 1.78 and a beta of 1.51. Expedia Group has a fifty-two week low of $136.77 and a fifty-two week high of $217.72.
In other news, Director Dara Khosrowshahi sold 10,000 shares of the firm’s stock in a transaction dated Monday, May 2nd. The stock was sold at an average price of $172.94, for a total value of $1,729,400.00. Following the completion of the transaction, the director now owns 252,112 shares in the company, valued at approximately $43,600,249.28. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Robert J. Dzielak sold 19,390 shares of Expedia Group stock in a transaction dated Tuesday, February 8th. The stock was sold at an average price of $190.50, for a total value of $3,693,795.00. The disclosure for this sale can be found here. Insiders sold 113,477 shares of company stock worth $22,780,123 over the last quarter. 5.00% of the stock is currently owned by corporate insiders.
A number of large investors have recently made changes to their positions in EXPE. Janney Montgomery Scott LLC grew its stake in shares of Expedia Group by 111.5% in the first quarter. Janney Montgomery Scott LLC now owns 29,121 shares of the online travel company’s stock worth $5,698,000 after purchasing an additional 15,352 shares during the last quarter. State of Michigan Retirement System lifted its holdings in Expedia Group by 3.4% in the first quarter. State of Michigan Retirement System now owns 37,964 shares of the online travel company’s stock valued at $7,428,000 after buying an additional 1,255 shares during the period. ClariVest Asset Management LLC acquired a new position in Expedia Group in the first quarter valued at $11,355,000. Prospera Financial Services Inc lifted its holdings in Expedia Group by 73.7% in the first quarter. Prospera Financial Services Inc now owns 9,904 shares of the online travel company’s stock valued at $1,938,000 after buying an additional 4,201 shares during the period. Finally, Stephens Inc. AR lifted its holdings in Expedia Group by 9.1% in the first quarter. Stephens Inc. AR now owns 1,506 shares of the online travel company’s stock valued at $295,000 after buying an additional 125 shares during the period. 96.08% of the stock is currently owned by institutional investors and hedge funds.
About Expedia Group (Get Rating)
Expedia Group, Inc operates as an online travel company in the United States and internationally. The company operates through Retail, B2B, and trivago segments. Its brand portfolio include Brand Expedia, a full-service online travel brand with localized websites; Hotels.com for marketing and distributing lodging accommodations; Vrbo, an online marketplace for the alternative accommodations; Orbitz, Travelocity, and CheapTickets travel websites; ebookers, an online EMEA travel agent for travelers an array of travel options; Hotwire, which offers travel booking services; CarRentals.com, an online car rental booking service; Classic Vacations, a luxury travel specialist; and Expedia Cruise, a provider of advice for travelers booking cruises.
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