Expedia Group (NASDAQ:EXPE – Free Report) had its price objective upped by Barclays from $153.00 to $166.00 in a report published on Monday morning,Benzinga reports. They currently have an equal weight rating on the online travel company’s stock.
Several other equities research analysts have also recently commented on EXPE. Robert W. Baird initiated coverage on shares of Expedia Group in a research report on Wednesday, November 27th. They issued an “outperform” rating and a $225.00 target price for the company. Argus lifted their price objective on Expedia Group from $210.00 to $220.00 and gave the company a “buy” rating in a research report on Friday. Baird R W upgraded Expedia Group to a “strong-buy” rating in a research report on Wednesday, November 27th. Morgan Stanley upped their price target on Expedia Group from $150.00 to $180.00 and gave the stock an “equal weight” rating in a research note on Friday, November 22nd. Finally, Susquehanna raised their price objective on Expedia Group from $145.00 to $190.00 and gave the company a “neutral” rating in a research report on Monday, November 11th. Twenty analysts have rated the stock with a hold rating, ten have assigned a buy rating and three have given a strong buy rating to the company. According to MarketBeat, Expedia Group has an average rating of “Hold” and an average target price of $175.64.
View Our Latest Analysis on EXPE
Expedia Group Trading Up 0.6 %
Insider Activity at Expedia Group
In other Expedia Group news, Director Dara Khosrowshahi sold 10,000 shares of the company’s stock in a transaction 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 transaction, the director now owns 188,505 shares of the company’s stock, valued at $29,570,779.35. This represents a 5.04 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CAO Lance A. Soliday sold 7,000 shares of Expedia Group stock in a transaction that occurred on Thursday, November 14th. The shares were sold at an average price of $181.99, for a total transaction of $1,273,930.00. Following the sale, the chief accounting officer now directly owns 11,187 shares of the company’s stock, valued at $2,035,922.13. This represents a 38.49 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 28,951 shares of company stock valued at $5,045,310. Insiders own 6.80% of the company’s stock.
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the business. Oppenheimer Asset Management Inc. boosted its position in Expedia Group by 32.6% in the second quarter. Oppenheimer Asset Management Inc. now owns 17,281 shares of the online travel company’s stock valued at $2,177,000 after buying an additional 4,244 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of Expedia Group by 8.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 217,286 shares of the online travel company’s stock valued at $27,376,000 after acquiring an additional 16,856 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Expedia Group by 14.8% in the second quarter. Dimensional Fund Advisors LP now owns 1,054,485 shares of the online travel company’s stock worth $132,851,000 after acquiring an additional 135,973 shares during the period. Stock Yards Bank & Trust Co. raised its holdings in shares of Expedia Group by 1.4% during the second quarter. Stock Yards Bank & Trust Co. now owns 186,289 shares of the online travel company’s stock worth $23,471,000 after purchasing an additional 2,521 shares during the last quarter. Finally, Foresight Global Investors Inc. acquired a new position in Expedia Group during the second quarter valued at $1,231,000. 90.76% of the stock is owned by institutional investors and hedge funds.
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.
Recommended Stories
- Five stocks we like better than Expedia Group
- Stock Market Sectors: What Are They and How Many Are There?
- 2 Stocks to Gain From Trump Universal Tariffs on Critical Imports
- Investing In Automotive Stocks
- Rigetti Computing, Inc.: Buy, Sell, or Hold for 2025
- What is the NASDAQ Stock Exchange?
- Delta Can Fly to New Highs in 2025; Here’s Why
Receive News & Ratings for Expedia Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Expedia Group and related companies with MarketBeat.com's FREE daily email newsletter.