Expedia Group, Inc. (NASDAQ:EXPE) Receives $169.77 Consensus PT from Brokerages

Expedia Group, Inc. (NASDAQ:EXPE) has been assigned a consensus recommendation of “Hold” from the twenty-nine research firms that are currently covering the stock, Marketbeat Ratings reports. Twenty analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $169.77.

Several equities research analysts have recently weighed in on EXPE shares. StockNews.com raised Expedia Group from a “buy” rating to a “strong-buy” rating in a report on Saturday, December 14th. Wedbush increased their price target on shares of Expedia Group from $130.00 to $180.00 and gave the stock a “neutral” rating in a research note on Friday, November 8th. BTIG Research lifted their price objective on shares of Expedia Group from $175.00 to $200.00 and gave the company a “buy” rating in a research note on Friday, November 8th. Robert W. Baird started coverage on shares of Expedia Group in a research note on Wednesday, November 27th. They set an “outperform” rating and a $225.00 target price for the company. Finally, Morgan Stanley boosted their price target on Expedia Group from $150.00 to $180.00 and gave the company an “equal weight” rating in a research report on Friday, November 22nd.

Expedia Group Stock Down 0.5 %

Expedia Group stock opened at $185.33 on Friday. The stock has a 50-day simple moving average of $180.24 and a 200-day simple moving average of $151.24. The company has a market capitalization of $23.79 billion, a P/E ratio of 23.85, a PEG ratio of 1.07 and a beta of 1.84. The company has a debt-to-equity ratio of 2.03, a quick ratio of 0.73 and a current ratio of 0.73. Expedia Group has a fifty-two week low of $107.25 and a fifty-two week high of $192.34.

Insider Activity

In other Expedia Group news, insider Robert J. Dzielak sold 1,951 shares of the stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $180.00, for a total value of $351,180.00. Following the completion of the sale, the insider now owns 85,250 shares of the company’s stock, valued at $15,345,000. This trade represents a 2.24 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, 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 transaction of $1,568,700.00. Following the sale, the director now directly owns 188,505 shares of the company’s stock, valued at approximately $29,570,779.35. The trade was a 5.04 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 28,951 shares of company stock valued at $5,045,310 in the last ninety days. Company insiders own 6.80% of the company’s stock.

Institutional Investors Weigh In On Expedia Group

Hedge funds and other institutional investors have recently modified their holdings of the stock. Innealta Capital LLC acquired a new position in Expedia Group in the second quarter worth about $27,000. Venturi Wealth Management LLC lifted its holdings in Expedia Group by 709.8% during the 3rd 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 during the last quarter. Brooklyn Investment Group acquired a new position in shares of Expedia Group in the 3rd quarter worth approximately $51,000. Strategic Financial Concepts LLC bought a new stake in shares of Expedia Group in the 2nd quarter valued at approximately $65,000. Finally, Future Financial Wealth Managment LLC bought a new stake in shares of Expedia Group in the 3rd quarter valued at approximately $74,000. 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.