Brokerages Set Expedia Group, Inc. (NASDAQ:EXPE) Target Price at $167.67

Expedia Group, Inc. (NASDAQ:EXPE) has earned a consensus recommendation of “Hold” from the twenty-nine brokerages that are presently covering the company, MarketBeat.com reports. Twenty research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating on the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $167.67.

EXPE has been the topic of a number of recent research reports. BTIG Research lifted their target price on Expedia Group from $175.00 to $200.00 and gave the stock a “buy” rating in a research report on Friday, November 8th. Royal Bank of Canada reissued a “sector perform” rating and set a $140.00 target price on shares of Expedia Group in a research report on Friday, August 9th. StockNews.com raised Expedia Group from a “buy” rating to a “strong-buy” rating in a research report on Thursday. Baird R W raised Expedia Group to a “strong-buy” rating in a research report on Wednesday, November 27th. Finally, Bank of America lifted their price objective on Expedia Group from $144.00 to $166.00 and gave the company a “neutral” rating in a report on Friday, October 25th.

Insiders Place Their Bets

In other Expedia Group news, Director Dara Khosrowshahi sold 10,000 shares of the business’s stock in a transaction dated Friday, October 4th. The shares were sold at an average price of $150.18, for a total transaction of $1,501,800.00. Following the sale, the director now directly owns 198,505 shares of the company’s stock, valued at $29,811,480.90. The trade was a 4.80 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Robert J. Dzielak sold 1,951 shares of the business’s stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $180.00, for a total transaction of $351,180.00. Following the sale, the insider now directly owns 85,250 shares in the company, valued at $15,345,000. This trade represents a 2.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 38,951 shares of company stock valued at $6,197,710 in the last three months. 6.80% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of EXPE. Windacre Partnership LLC raised its holdings in Expedia Group by 49.5% in the 3rd quarter. Windacre Partnership LLC now owns 4,323,700 shares of the online travel company’s stock valued at $639,994,000 after acquiring an additional 1,431,500 shares during the period. Pacer Advisors Inc. grew its position in shares of Expedia Group by 36.8% during the 2nd quarter. Pacer Advisors Inc. now owns 2,654,200 shares of the online travel company’s stock worth $334,403,000 after purchasing an additional 714,229 shares in the last quarter. Alkeon Capital Management LLC grew its position in shares of Expedia Group by 46.3% during the 3rd quarter. Alkeon Capital Management LLC now owns 1,576,472 shares of the online travel company’s stock worth $233,349,000 after purchasing an additional 498,934 shares in the last quarter. Point72 Asset Management L.P. grew its position in shares of Expedia Group by 1,649.4% during the 2nd quarter. Point72 Asset Management L.P. now owns 407,605 shares of the online travel company’s stock worth $51,354,000 after purchasing an additional 384,305 shares in the last quarter. Finally, AustralianSuper Pty Ltd grew its position in shares of Expedia Group by 88.8% during the 2nd quarter. AustralianSuper Pty Ltd now owns 753,260 shares of the online travel company’s stock worth $94,903,000 after purchasing an additional 354,389 shares in the last quarter. 90.76% of the stock is owned by institutional investors.

Expedia Group Stock Down 0.2 %

EXPE stock opened at $190.72 on Wednesday. Expedia Group has a twelve month low of $107.25 and a twelve month high of $192.28. The company has a market cap of $24.48 billion, a PE ratio of 24.55, a price-to-earnings-growth ratio of 0.72 and a beta of 1.84. The business’s 50-day simple moving average is $167.04 and its 200 day simple moving average is $141.51. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 2.03.

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.