Expedia Group, Inc. (NASDAQ:EXPE) Receives Consensus Rating of “Hold” from Analysts

Shares of Expedia Group, Inc. (NASDAQ:EXPE) have been assigned a consensus recommendation of “Hold” from the twenty-nine brokerages that are currently covering the firm, Marketbeat Ratings reports. Twenty analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $169.77.

Several analysts have recently commented on EXPE shares. JMP Securities restated a “market perform” rating on shares of Expedia Group in a report on Monday, December 16th. Oppenheimer increased their price objective on shares of Expedia Group from $155.00 to $210.00 and gave the stock an “outperform” rating in a report on Friday, November 8th. Morgan Stanley boosted their target price on shares of Expedia Group from $150.00 to $180.00 and gave the stock an “equal weight” rating in a research note on Friday, November 22nd. UBS Group increased their price target on shares of Expedia Group from $137.00 to $156.00 and gave the company a “neutral” rating in a research note on Wednesday, October 23rd. Finally, StockNews.com upgraded shares of Expedia Group from a “buy” rating to a “strong-buy” rating in a research report on Saturday, December 14th.

Insider Activity

In other news, insider Robert J. Dzielak sold 1,951 shares of the stock in a transaction that occurred 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 transaction, the insider now owns 85,250 shares in the company, valued at approximately $15,345,000. This trade represents a 2.24 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Lance A. Soliday sold 7,000 shares of the business’s stock in a transaction on Thursday, November 14th. The shares were sold at an average price of $181.99, for a total value of $1,273,930.00. Following the completion of the sale, the chief accounting officer now owns 11,187 shares of the company’s stock, valued at $2,035,922.13. This trade represents a 38.49 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 28,951 shares of company stock valued at $4,695,610 in the last quarter. Company insiders own 6.80% of the company’s stock.

Institutional Trading of Expedia Group

Institutional investors have recently bought and sold shares of the business. Windacre Partnership LLC increased 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 buying an additional 1,431,500 shares during the period. Pacer Advisors Inc. boosted its position in shares of Expedia Group by 22.5% during the 3rd quarter. Pacer Advisors Inc. now owns 3,250,710 shares of the online travel company’s stock worth $481,170,000 after acquiring an additional 596,510 shares in the last quarter. Geode Capital Management LLC increased its stake in Expedia Group by 0.6% in the third quarter. Geode Capital Management LLC now owns 3,197,927 shares of the online travel company’s stock valued at $472,212,000 after acquiring an additional 20,005 shares during the last quarter. Fisher Asset Management LLC raised its position in Expedia Group by 9.4% during 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 in the last quarter. Finally, Alkeon Capital Management LLC lifted its stake 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 purchasing an additional 498,934 shares during the last quarter. Institutional investors own 90.76% of the company’s stock.

Expedia Group Stock Down 2.1 %

Shares of NASDAQ EXPE opened at $186.11 on Friday. Expedia Group has a 52-week low of $107.25 and a 52-week high of $192.34. The company has a debt-to-equity ratio of 2.03, a quick ratio of 0.73 and a current ratio of 0.73. The business has a fifty day moving average of $178.21 and a two-hundred day moving average of $149.69. The stock has a market cap of $23.89 billion, a PE ratio of 23.95, a PEG ratio of 1.07 and a beta of 1.84.

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.