Expedia Group (NASDAQ:EXPE) Price Target Raised to $252.00 at Truist Financial

Expedia Group (NASDAQ:EXPE) had its target price upped by Truist Financial from $210.00 to $252.00 in a research note published on Tuesday, MarketBeat reports. They currently have a hold rating on the online travel company’s stock.

Several other research analysts also recently weighed in on EXPE. Jefferies Financial Group boosted their target price on Expedia Group from $270.00 to $285.00 and gave the stock a “hold” rating in a research note on Thursday, December 11th. Susquehanna boosted their price target on Expedia Group from $200.00 to $265.00 and gave the stock a “neutral” rating in a research note on Monday, November 10th. BTIG Research upped their price objective on shares of Expedia Group from $275.00 to $330.00 and gave the company a “buy” rating in a report on Tuesday, January 6th. B. Riley Financial increased their price objective on shares of Expedia Group from $300.00 to $360.00 and gave the company a “buy” rating in a research report on Monday, January 12th. Finally, UBS Group boosted their target price on shares of Expedia Group from $257.00 to $270.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 3rd. Fourteen investment analysts have rated the stock with a Buy rating and twenty have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $292.23.

Expedia Group Price Performance

Shares of EXPE opened at $241.54 on Tuesday. The company has a 50 day moving average of $275.61 and a two-hundred day moving average of $239.96. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 1.72. Expedia Group has a twelve month low of $130.01 and a twelve month high of $303.80. The company has a market cap of $29.60 billion, a price-to-earnings ratio of 23.11, a price-to-earnings-growth ratio of 0.76 and a beta of 1.41.

Insiders Place Their Bets

In other Expedia Group news, Director Craig A. Jacobson sold 3,000 shares of Expedia Group stock in a transaction that occurred on Thursday, November 13th. The shares were sold at an average price of $271.55, for a total transaction of $814,650.00. Following the completion of the sale, the director directly owned 30,858 shares in the company, valued at approximately $8,379,489.90. The trade was a 8.86% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Madhumita Moina Banerjee sold 1,000 shares of the stock in a transaction on Monday, December 1st. The stock was sold at an average price of $258.00, for a total transaction of $258,000.00. Following the completion of the sale, the director owned 2,916 shares in the company, valued at $752,328. The trade was a 25.54% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 4,849 shares of company stock valued at $1,283,270. 9.13% of the stock is owned by insiders.

Institutional Investors Weigh In On Expedia Group

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Orion Porfolio Solutions LLC boosted its stake in shares of Expedia Group by 0.4% in the third quarter. Orion Porfolio Solutions LLC now owns 9,814 shares of the online travel company’s stock worth $2,098,000 after buying an additional 38 shares during the last quarter. RHS Financial LLC raised its position in Expedia Group by 4.0% during the fourth quarter. RHS Financial LLC now owns 1,030 shares of the online travel company’s stock valued at $292,000 after acquiring an additional 40 shares in the last quarter. Geneos Wealth Management Inc. lifted its holdings in Expedia Group by 8.2% in the fourth quarter. Geneos Wealth Management Inc. now owns 567 shares of the online travel company’s stock valued at $161,000 after acquiring an additional 43 shares during the period. Harbor Investment Advisory LLC boosted its position in Expedia Group by 16.0% in the 4th quarter. Harbor Investment Advisory LLC now owns 319 shares of the online travel company’s stock worth $90,000 after purchasing an additional 44 shares in the last quarter. Finally, JFS Wealth Advisors LLC boosted its position in Expedia Group by 78.6% in the 4th quarter. JFS Wealth Advisors LLC now owns 100 shares of the online travel company’s stock worth $28,000 after purchasing an additional 44 shares in the last quarter. 90.76% of the stock is owned by institutional investors and hedge funds.

Expedia Group Company Profile

Expedia Group (NASDAQ: EXPE) is a global travel technology company that operates an online marketplace connecting consumers, travel suppliers and third‑party partners. The company’s platform enables search, comparison and booking of travel products and services, including hotels, airline tickets, vacation rentals, car rentals, cruises and packaged travel. Its portfolio comprises consumer-facing travel brands as well as corporate travel solutions and technology services that serve both leisure and business travelers.

Key offerings include consumer booking platforms and mobile apps that aggregate inventory from hotels, vacation rental managers, airlines and car rental companies, alongside ancillary travel services such as trip insurance and activities.