Expedia Group (NASDAQ:EXPE) Price Target Raised to $190.00

Expedia Group (NASDAQ:EXPE) had its target price lifted by Susquehanna from $145.00 to $190.00 in a report issued on Monday,Benzinga reports. They currently have a neutral rating on the online travel company’s stock.

EXPE has been the subject of a number of other research reports. Truist Financial started coverage on shares of Expedia Group in a report on Friday, September 6th. They issued a “hold” rating and a $148.00 price objective for the company. Deutsche Bank Aktiengesellschaft lowered shares of Expedia Group from a “buy” rating to a “hold” rating in a report on Friday, November 8th. Barclays lifted their target price on shares of Expedia Group from $134.00 to $153.00 and gave the stock an “equal weight” rating in a research note on Friday, November 8th. Benchmark increased their price target on shares of Expedia Group from $180.00 to $200.00 and gave the company a “buy” rating in a research note on Friday, November 8th. Finally, Cantor Fitzgerald reaffirmed a “neutral” rating and set a $130.00 price target on shares of Expedia Group in a research report on Monday, October 7th. Twenty analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat.com, Expedia Group currently has an average rating of “Hold” and an average target price of $161.62.

Expedia Group Trading Down 0.9 %

Shares of EXPE opened at $180.33 on Monday. Expedia Group has a 52-week low of $107.25 and a 52-week high of $190.40. The stock has a market cap of $23.48 billion, a PE ratio of 23.21, a price-to-earnings-growth ratio of 0.70 and a beta of 1.78. The firm’s fifty day moving average is $151.62 and its two-hundred day moving average is $134.10. The company has a quick ratio of 0.76, a current ratio of 0.73 and a debt-to-equity ratio of 2.03.

Insider Buying and Selling

In other news, insider Robert J. Dzielak sold 5,417 shares of the firm’s stock in a transaction on Monday, August 19th. The shares were sold at an average price of $134.60, for a total value of $729,128.20. Following the sale, the insider now directly owns 84,543 shares in the company, valued at approximately $11,379,487.80. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other news, insider Robert J. Dzielak sold 5,417 shares of the stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $134.60, for a total value of $729,128.20. Following the transaction, the insider now owns 84,543 shares in the company, valued at approximately $11,379,487.80. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Dara Khosrowshahi sold 10,000 shares of the firm’s stock in a transaction dated Friday, November 1st. The stock was 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 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 35,417 shares of company stock worth $5,301,728 over the last 90 days. 6.80% of the stock is owned by insiders.

Institutional Investors Weigh In On Expedia Group

Several hedge funds and other institutional investors have recently bought and sold shares of EXPE. Empirical Finance LLC grew its holdings 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 purchasing an additional 63 shares during the last quarter. Venture Visionary Partners LLC grew its stake in Expedia Group by 0.6% during the 3rd quarter. Venture Visionary Partners LLC now owns 11,367 shares of the online travel company’s stock worth $1,683,000 after buying an additional 64 shares during the last quarter. GHE LLC increased its position in Expedia Group by 1.0% during the third quarter. GHE LLC now owns 6,689 shares of the online travel company’s stock worth $980,000 after buying an additional 69 shares during the period. Bleakley Financial Group LLC lifted its stake in Expedia Group by 5.1% in the first quarter. Bleakley Financial Group LLC now owns 2,028 shares of the online travel company’s stock valued at $279,000 after buying an additional 99 shares during the last quarter. Finally, AdvisorShares Investments LLC boosted its holdings in shares of Expedia Group by 7.1% in the second quarter. AdvisorShares Investments LLC now owns 1,517 shares of the online travel company’s stock valued at $186,000 after acquiring an additional 100 shares during the period. 90.76% of the stock is currently owned by institutional investors and hedge funds.

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.