Expedia Group (NASDAQ:EXPE) Stock Rating Upgraded by StockNews.com

Expedia Group (NASDAQ:EXPE) was upgraded by equities researchers at StockNews.com from a “buy” rating to a “strong-buy” rating in a report issued on Saturday.

Several other brokerages have also recently issued reports on EXPE. Baird R W upgraded Expedia Group to a “strong-buy” rating in a research note on Wednesday, November 27th. Jefferies Financial Group lifted their price target on shares of Expedia Group from $145.00 to $160.00 and gave the stock a “hold” rating in a research note on Tuesday, October 22nd. BTIG Research boosted their price target on shares of Expedia Group from $175.00 to $200.00 and gave the stock a “buy” rating in a report on Friday, November 8th. Robert W. Baird started coverage on shares of Expedia Group in a report on Wednesday, November 27th. They issued an “outperform” rating and a $225.00 price objective on the stock. Finally, Susquehanna boosted their target price on shares of Expedia Group from $145.00 to $190.00 and gave the stock a “neutral” rating in a research note on Monday, November 11th. Twenty equities research analysts have rated the stock with a hold rating, eight have given a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $167.67.

Expedia Group Stock Down 0.8 %

Shares of NASDAQ EXPE opened at $183.00 on Friday. The stock has a market cap of $23.49 billion, a P/E ratio of 23.55, a PEG ratio of 1.07 and a beta of 1.84. The business’s fifty day simple moving average is $171.15 and its 200-day simple moving average is $144.18. Expedia Group has a 12-month low of $107.25 and a 12-month high of $192.34. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 2.03.

Insider Buying and Selling at Expedia Group

In other Expedia Group news, Director Dara Khosrowshahi sold 10,000 shares of Expedia Group 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 sale, the director now owns 208,505 shares of the company’s stock, valued at approximately $31,319,536.05. The trade was a 4.58 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Lance A. Soliday sold 7,000 shares of the business’s stock in a transaction that occurred on Thursday, November 14th. The stock was sold at an average price of $181.99, for a total value of $1,273,930.00. Following the transaction, the chief accounting officer now owns 11,187 shares in the company, valued at $2,035,922.13. The trade was a 38.49 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 38,951 shares of company stock valued at $6,197,710. 6.80% of the stock is owned by company insiders.

Institutional Trading of Expedia Group

Institutional investors have recently modified their holdings of the business. Windacre Partnership LLC raised its position in Expedia Group by 49.5% in the third quarter. Windacre Partnership LLC now owns 4,323,700 shares of the online travel company’s stock worth $639,994,000 after acquiring an additional 1,431,500 shares in the last quarter. Pacer Advisors Inc. increased its holdings in shares of Expedia Group by 22.5% in the 3rd quarter. Pacer Advisors Inc. now owns 3,250,710 shares of the online travel company’s stock valued at $481,170,000 after purchasing an additional 596,510 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of Expedia Group by 0.6% in the 3rd quarter. Geode Capital Management LLC now owns 3,197,927 shares of the online travel company’s stock valued at $472,212,000 after purchasing an additional 20,005 shares in the last quarter. Fisher Asset Management LLC lifted its stake in shares of Expedia Group by 9.4% in the third quarter. Fisher Asset Management LLC now owns 1,689,485 shares of the online travel company’s stock valued at $250,078,000 after purchasing an additional 144,579 shares during the period. Finally, Alkeon Capital Management LLC boosted its holdings in Expedia Group by 46.3% during the third quarter. Alkeon Capital Management LLC now owns 1,576,472 shares of the online travel company’s stock worth $233,349,000 after buying an additional 498,934 shares in the last quarter. 90.76% of the stock is currently owned by hedge funds and other institutional investors.

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.