Expedia Group (NASDAQ:EXPE – Get Free Report) had its target price upped by equities research analysts at Argus from $210.00 to $220.00 in a note issued to investors on Friday,Benzinga reports. The firm presently has a “buy” rating on the online travel company’s stock. Argus’ target price points to a potential upside of 22.17% from the company’s current price.
Several other equities research analysts have also issued reports on EXPE. StockNews.com raised Expedia Group from a “buy” rating to a “strong-buy” rating in a research note on Saturday, December 14th. Robert W. Baird assumed coverage on Expedia Group in a research note on Wednesday, November 27th. They set an “outperform” rating and a $225.00 price objective on the stock. Barclays upped their price target on shares of Expedia Group from $134.00 to $153.00 and gave the company an “equal weight” rating in a report on Friday, November 8th. TD Cowen cut Expedia Group from a “buy” rating to a “hold” rating and increased their price objective for the stock from $130.00 to $150.00 in a report on Wednesday, September 25th. Finally, Melius Research raised shares of Expedia Group from a “hold” rating to a “strong-buy” rating in a research note on Monday. Twenty research analysts have rated the stock with a hold rating, ten have issued a buy rating and three have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $173.36.
Read Our Latest Stock Analysis on EXPE
Expedia Group Price Performance
Insider Activity at Expedia Group
In other news, Director Dara Khosrowshahi sold 10,000 shares of Expedia Group stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $185.15, for a total value of $1,851,500.00. Following the completion of the transaction, the director now owns 168,505 shares in the company, valued at approximately $31,198,700.75. The trade was a 5.60 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Lance A. Soliday sold 7,000 shares of the firm’s stock in a transaction 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 completion of the sale, 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 disclosure for this sale can be found here. Over the last ninety days, insiders sold 28,951 shares of company stock valued at $5,045,310. 6.80% of the stock is owned by corporate insiders.
Hedge Funds Weigh In On Expedia Group
Large investors have recently bought and sold shares of the business. Hantz Financial Services Inc. increased its position in Expedia Group by 2.1% during the 3rd quarter. Hantz Financial Services Inc. now owns 2,980 shares of the online travel company’s stock valued at $441,000 after buying an additional 62 shares in the last quarter. Empirical Finance LLC grew its stake in shares of Expedia Group by 1.3% during the third quarter. Empirical Finance LLC now owns 4,754 shares of the online travel company’s stock worth $704,000 after acquiring an additional 63 shares during the last quarter. Venture Visionary Partners LLC grew its stake in shares of Expedia Group by 0.6% during the third quarter. Venture Visionary Partners LLC now owns 11,367 shares of the online travel company’s stock worth $1,683,000 after acquiring an additional 64 shares during the last quarter. GHE LLC increased its holdings in shares of Expedia Group by 1.0% during the third quarter. GHE LLC now owns 6,689 shares of the online travel company’s stock valued at $980,000 after acquiring an additional 69 shares in the last quarter. Finally, Orion Capital Management LLC raised its position in shares of Expedia Group by 4.3% in the 3rd quarter. Orion Capital Management LLC now owns 2,445 shares of the online travel company’s stock valued at $362,000 after purchasing an additional 100 shares during the last quarter. Hedge funds and other institutional investors own 90.76% of the company’s stock.
About Expedia Group
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.
See Also
- Five stocks we like better than Expedia Group
- Stock Trading Terms – Stock Terms Every Investor Needs to Know
- 3 EV Stocks Offering Unique Alternatives to Tesla
- How to Choose Top Rated Stocks
- 3 Stocks Leveraging NVIDIA’s Strength for Profits
- What is the MACD Indicator and How to Use it in Your Trading
- Walgreens Stock Poised for a Rebound: Why Analysts Are Bullish
Receive News & Ratings for Expedia Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Expedia Group and related companies with MarketBeat.com's FREE daily email newsletter.