Expedia Group (NASDAQ:EXPE) PT Raised to $125.00

Expedia Group (NASDAQ:EXPE – Get Rating) had its target price boosted by Barclays from $124.00 to $125.00 in a report released on Tuesday, The Fly reports. The brokerage currently has an “overweight” rating on the online travel company’s stock. Barclays’s target price would suggest a potential upside of 28.77% from the stock’s previous close.

A number of other research analysts also recently issued reports on the company. Mizuho dropped their price objective on Expedia Group from $132.00 to $102.00 and set a “neutral” rating on the stock in a research note on Friday, November 4th. Susquehanna Bancshares lowered their target price on shares of Expedia Group from $145.00 to $115.00 and set a “neutral” rating for the company in a report on Friday, August 12th. Truist Financial dropped their target price on shares of Expedia Group from $185.00 to $175.00 and set a “buy” rating on the stock in a research report on Friday, October 28th. Credit Suisse Group lowered their price target on shares of Expedia Group from $216.00 to $176.00 and set an “outperform” rating on the stock in a report on Friday, November 4th. Finally, Ascendiant Capital Markets lowered their price target on shares of Expedia Group to $190.00 in a report on Tuesday, September 13th. Thirteen analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $151.68.

Expedia Group Trading Down 1.3 %

Shares of EXPE stock opened at $97.07 on Tuesday. The firm has a market capitalization of $15.15 billion, a P/E ratio of 35.56, a P/E/G ratio of 1.28 and a beta of 1.51. Expedia Group has a twelve month low of $85.02 and a twelve month high of $217.72. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 1.68. The stock’s fifty day simple moving average is $96.21 and its 200 day simple moving average is $104.66.

Insiders Place Their Bets

In other Expedia Group news, Director Jonathan L. Dolgen sold 1,000 shares of the company’s stock in a transaction on Wednesday, September 7th. The shares were sold at an average price of $101.55, for a total transaction of $101,550.00. Following the completion of the transaction, the director now directly owns 37,779 shares in the company, valued at $3,836,457.45. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Expedia Group news, Director Jonathan L. Dolgen sold 1,000 shares of the company’s stock in a transaction on Wednesday, September 7th. The shares were sold at an average price of $101.55, for a total transaction of $101,550.00. Following the completion of the transaction, the director now directly owns 37,779 shares in the company, valued at $3,836,457.45. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Lance A. Soliday sold 635 shares of the company’s stock in a transaction on Tuesday, November 15th. The stock was sold at an average price of $100.18, for a total transaction of $63,614.30. Following the transaction, the chief accounting officer now owns 8,949 shares of the company’s stock, valued at $896,510.82. The disclosure for this sale can be found here. 7.52% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Expedia Group

A number of hedge funds have recently modified their holdings of the business. Veritable LP raised its position in shares of Expedia Group by 2.3% in the first quarter. Veritable LP now owns 3,574 shares of the online travel company’s stock valued at $699,000 after buying an additional 79 shares during the last quarter. Trust Asset Management LLC raised its position in shares of Expedia Group by 6.3% in the first quarter. Trust Asset Management LLC now owns 1,429 shares of the online travel company’s stock valued at $280,000 after buying an additional 85 shares during the last quarter. Steward Partners Investment Advisory LLC grew its holdings in shares of Expedia Group by 5.6% in the first quarter. Steward Partners Investment Advisory LLC now owns 1,631 shares of the online travel company’s stock valued at $319,000 after purchasing an additional 87 shares during the period. Intrua Financial LLC grew its holdings in shares of Expedia Group by 6.7% in the first quarter. Intrua Financial LLC now owns 1,491 shares of the online travel company’s stock valued at $292,000 after purchasing an additional 93 shares during the period. Finally, Tower Bridge Advisors grew its holdings in shares of Expedia Group by 2.1% in the second quarter. Tower Bridge Advisors now owns 4,840 shares of the online travel company’s stock valued at $459,000 after purchasing an additional 100 shares during the period. 97.43% of the stock is currently owned by institutional investors and hedge funds.

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 Retail, B2B, and trivago segments. Its brand portfolio includes Brand Expedia, a full-service online travel brand with localized websites; Hotels.com for marketing and distributing lodging accommodations; Vrbo, an online marketplace for 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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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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