Expedia Group (NASDAQ:EXPE) Earns Market Perform Rating from JMP Securities

Expedia Group (NASDAQ:EXPE)‘s stock had its “market perform” rating restated by stock analysts at JMP Securities in a research report issued on Monday,Benzinga reports.

EXPE has been the topic of a number of other reports. Baird R W raised Expedia Group to a “strong-buy” rating in a research report on Wednesday, November 27th. Barclays boosted their price objective on Expedia Group from $134.00 to $153.00 and gave the stock an “equal weight” rating in a report on Friday, November 8th. Robert W. Baird began coverage on shares of Expedia Group in a report on Wednesday, November 27th. They issued an “outperform” rating and a $225.00 target price for the company. TD Cowen lowered shares of Expedia Group from a “buy” rating to a “hold” rating and boosted their price target for the company from $130.00 to $150.00 in a report on Wednesday, September 25th. Finally, Benchmark upped their price target on shares of Expedia Group from $180.00 to $200.00 and gave the company a “buy” rating in a research report on Friday, November 8th. Twenty-one investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, Expedia Group presently has a consensus rating of “Hold” and a consensus price target of $167.67.

Expedia Group Trading Down 1.1 %

Expedia Group stock opened at $180.64 on Monday. Expedia Group has a 1 year low of $107.25 and a 1 year high of $192.34. The firm’s 50 day moving average price is $173.00 and its two-hundred day moving average price is $146.16. The firm has a market cap of $23.18 billion, a price-to-earnings ratio of 23.25, a price-to-earnings-growth 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.

Insider Activity

In other news, Director Dara Khosrowshahi sold 10,000 shares of the business’s stock in a transaction on Friday, October 4th. The shares were sold at an average price of $150.18, for a total value of $1,501,800.00. Following the completion of the sale, the director now directly owns 198,505 shares in the company, valued at approximately $29,811,480.90. The trade was a 4.80 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Robert J. Dzielak sold 1,951 shares of the company’s stock in a transaction on 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 of the company’s stock, valued at approximately $15,345,000. This represents a 2.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 38,951 shares of company stock worth $6,197,710. 6.80% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of EXPE. Caprock Group LLC grew its stake in shares of Expedia Group by 33.7% in the third quarter. Caprock Group LLC now owns 10,191 shares of the online travel company’s stock worth $1,508,000 after acquiring an additional 2,569 shares during the last quarter. Cozad Asset Management Inc. boosted its holdings in Expedia Group by 16.9% in the 3rd quarter. Cozad Asset Management Inc. now owns 30,823 shares of the online travel company’s stock valued at $4,562,000 after purchasing an additional 4,449 shares during the period. Robeco Institutional Asset Management B.V. grew its position in Expedia Group by 13.1% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 649,716 shares of the online travel company’s stock worth $96,171,000 after purchasing an additional 75,120 shares during the last quarter. Integrated Investment Consultants LLC bought a new position in shares of Expedia Group during the 3rd quarter worth about $527,000. Finally, DoubleLine ETF Adviser LP acquired a new position in shares of Expedia Group during the second quarter valued at about $465,000. Institutional investors and hedge funds own 90.76% of the company’s stock.

Expedia Group Company Profile

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.