Expedia Group (NASDAQ:EXPE) Rating Lowered to Buy at StockNews.com

StockNews.com downgraded shares of Expedia Group (NASDAQ:EXPE) from a strong-buy rating to a buy rating in a report released on Saturday morning.

Several other research firms have also weighed in on EXPE. BTIG Research raised their price objective on Expedia Group from $175.00 to $200.00 and gave the stock a “buy” rating in a research note on Friday, November 8th. Wells Fargo & Company increased their price target on Expedia Group from $130.00 to $159.00 and gave the company an “equal weight” rating in a research report on Tuesday, October 8th. Susquehanna boosted their price objective on Expedia Group from $125.00 to $145.00 and gave the stock a “neutral” rating in a report on Monday, August 12th. DA Davidson reiterated a “neutral” rating and issued a $135.00 target price on shares of Expedia Group in a report on Friday, August 9th. Finally, UBS Group boosted their price target on shares of Expedia Group from $137.00 to $156.00 and gave the company a “neutral” rating in a report on Wednesday, October 23rd. Twenty research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $161.62.

Expedia Group Trading Down 1.3 %

Shares of NASDAQ:EXPE opened at $182.00 on Friday. The company has a debt-to-equity ratio of 2.45, a quick ratio of 0.76 and a current ratio of 0.76. The stock has a market capitalization of $23.69 billion, a price-to-earnings ratio of 23.72, a PEG ratio of 0.70 and a beta of 1.78. Expedia Group has a 1-year low of $107.25 and a 1-year high of $190.40. The company has a 50 day moving average price of $150.71 and a 200 day moving average price of $133.78.

Insiders Place Their Bets

In related news, Director Dara Khosrowshahi sold 10,000 shares of the firm’s stock in a transaction that occurred on Friday, September 27th. The stock was sold at an average price of $150.21, for a total value of $1,502,100.00. Following the transaction, the director now directly owns 208,505 shares of the company’s stock, valued at approximately $31,319,536.05. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In other Expedia Group news, Director Dara Khosrowshahi sold 10,000 shares of the business’s stock in a transaction on Friday, September 27th. The shares were sold at an average price of $150.21, for a total transaction of $1,502,100.00. Following the completion of the transaction, the director now owns 208,505 shares of the company’s stock, valued at $31,319,536.05. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Robert J. Dzielak sold 12,602 shares of the company’s stock in a transaction dated Thursday, August 15th. The shares were sold at an average price of $131.50, for a total transaction of $1,657,163.00. Following the sale, the insider now owns 89,960 shares of the company’s stock, valued at $11,829,740. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 48,019 shares of company stock valued at $6,958,891 over the last quarter. Insiders own 6.80% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Innealta Capital LLC bought a new position in Expedia Group during the second quarter worth $27,000. Blue Trust Inc. grew its position in Expedia Group by 93.8% in the 2nd quarter. Blue Trust Inc. now owns 217 shares of the online travel company’s stock worth $30,000 after purchasing an additional 105 shares during the last quarter. Crewe Advisors LLC bought a new position in shares of Expedia Group during the 1st quarter worth about $40,000. Venturi Wealth Management LLC raised its position in shares of Expedia Group by 709.8% during the third quarter. Venturi Wealth Management LLC now owns 332 shares of the online travel company’s stock valued at $49,000 after buying an additional 291 shares during the last quarter. Finally, LRI Investments LLC bought a new stake in shares of Expedia Group in the first quarter valued at about $48,000. 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.