Expedia Group (NASDAQ:EXPE) Price Target Raised to $166.00

Expedia Group (NASDAQ:EXPE) had its price objective raised by Barclays from $153.00 to $166.00 in a research note released on Monday,Benzinga reports. They currently have an equal weight rating on the online travel company’s stock.

Several other analysts have also recently commented on EXPE. Morgan Stanley raised their price target on shares of Expedia Group from $150.00 to $180.00 and gave the stock an “equal weight” rating in a report on Friday, November 22nd. DA Davidson lifted their target price on shares of Expedia Group from $135.00 to $190.00 and gave the company a “neutral” rating in a research note on Monday, November 18th. StockNews.com raised shares of Expedia Group from a “buy” rating to a “strong-buy” rating in a research note on Saturday, December 14th. Baird R W raised Expedia Group to a “strong-buy” rating in a research report on Wednesday, November 27th. Finally, Melius Research raised Expedia Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 6th. Twenty equities research analysts have rated the stock with a hold rating, ten have given a buy rating and three have given a strong buy rating to the company. According to data from MarketBeat, Expedia Group has an average rating of “Hold” and a consensus price target of $175.64.

Expedia Group Trading Up 1.8 %

Shares of NASDAQ EXPE opened at $186.52 on Monday. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 2.03. Expedia Group has a one year low of $107.25 and a one year high of $192.34. The business has a 50-day moving average price of $183.94 and a two-hundred day moving average price of $154.78. The firm has a market capitalization of $23.94 billion, a PE ratio of 24.01, a PEG ratio of 1.03 and a beta of 1.83.

Insider Buying and Selling

In other Expedia Group news, Director Dara Khosrowshahi sold 10,000 shares of the firm’s stock in a transaction 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 sale, the director now directly owns 188,505 shares in the company, valued at $29,570,779.35. This trade represents a 5.04 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Robert J. Dzielak sold 1,951 shares of the company’s stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $180.00, for a total transaction of $351,180.00. Following the transaction, the insider now directly owns 85,250 shares of the company’s stock, valued at $15,345,000. This represents a 2.24 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 28,951 shares of company stock valued at $5,045,310. 6.80% of the stock is owned by company insiders.

Institutional Trading of Expedia Group

A number of institutional investors and hedge funds have recently modified their holdings of EXPE. Venturi Wealth Management LLC boosted its stake in Expedia Group by 709.8% during the third quarter. Venturi Wealth Management LLC now owns 332 shares of the online travel company’s stock worth $49,000 after buying an additional 291 shares in the last quarter. Brooklyn Investment Group acquired a new stake in shares of Expedia Group during the 3rd quarter valued at about $51,000. Future Financial Wealth Managment LLC bought a new stake in Expedia Group in the third quarter valued at about $74,000. Versant Capital Management Inc raised its position in Expedia Group by 299.3% in the fourth quarter. Versant Capital Management Inc now owns 559 shares of the online travel company’s stock worth $104,000 after purchasing an additional 419 shares in the last quarter. Finally, Ashton Thomas Securities LLC bought a new position in Expedia Group during the third quarter worth about $118,000. 90.76% of the stock is currently owned by institutional investors.

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.