Analysts Set Expedia Group, Inc. (NASDAQ:EXPE) Target Price at $159.88

Expedia Group, Inc. (NASDAQ:EXPE) has been given an average rating of “Hold” by the twenty-six ratings firms that are covering the stock, Marketbeat.com reports. Nineteen research analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $162.68.

A number of analysts recently issued reports on EXPE shares. UBS Group increased their price objective on Expedia Group from $137.00 to $156.00 and gave the stock a “neutral” rating in a report on Wednesday, October 23rd. Truist Financial started coverage on Expedia Group in a report on Friday, September 6th. They set a “hold” rating and a $148.00 price objective on the stock. Deutsche Bank Aktiengesellschaft cut Expedia Group from a “buy” rating to a “hold” rating in a report on Friday, November 8th. Piper Sandler reissued a “neutral” rating and set a $140.00 price objective (down previously from $145.00) on shares of Expedia Group in a report on Friday, August 9th. Finally, Susquehanna increased their price objective on Expedia Group from $145.00 to $190.00 and gave the stock a “neutral” rating in a report on Monday.

Insider Buying and Selling

In other news, Director Dara Khosrowshahi sold 10,000 shares of Expedia Group stock in a transaction that occurred on 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 approximately $29,570,779.35. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, Director Dara Khosrowshahi sold 10,000 shares of Expedia Group stock in a transaction that occurred on 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 approximately $29,570,779.35. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Robert J. Dzielak sold 5,417 shares of Expedia Group stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $134.60, for a total value of $729,128.20. Following the completion of the sale, 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 ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 35,417 shares of company stock worth $5,301,728 in the last ninety days. 6.80% of the stock is owned by insiders.

Institutional Investors Weigh In On Expedia Group

A number of large investors have recently made changes to their positions in EXPE. Innealta Capital LLC bought a new stake in shares of Expedia Group during the second quarter valued at approximately $27,000. Blue Trust Inc. boosted its position in shares of Expedia Group by 93.8% during the second quarter. Blue Trust Inc. now owns 217 shares of the online travel company’s stock valued at $30,000 after purchasing an additional 105 shares in the last quarter. Crewe Advisors LLC bought a new stake in shares of Expedia Group during the first quarter valued at approximately $40,000. Venturi Wealth Management LLC boosted 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 purchasing an additional 291 shares in the last quarter. Finally, LRI Investments LLC bought a new stake in shares of Expedia Group during the first quarter valued at approximately $48,000. 90.76% of the stock is currently owned by institutional investors.

Expedia Group Stock Down 0.9 %

EXPE stock opened at $180.33 on Friday. The stock has a fifty day moving average of $151.62 and a 200-day moving average of $134.10. The company has a market capitalization of $23.48 billion, a price-to-earnings ratio of 23.21, a PEG ratio of 0.70 and a beta of 1.78. The company has a debt-to-equity ratio of 2.03, a quick ratio of 0.76 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 $190.40.

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.