Analysts Set Expedia Group, Inc. (NASDAQ:EXPE) Price Target at $159.88

Expedia Group, Inc. (NASDAQ:EXPE) has received a consensus rating of “Hold” from the twenty-six brokerages that are presently covering the firm, MarketBeat reports. Nineteen investment analysts have rated the stock with a hold rating and seven have issued a buy rating on the company. The average 1-year price target among brokerages that have covered the stock in the last year is $162.68.

A number of analysts have recently issued reports on EXPE shares. Deutsche Bank Aktiengesellschaft downgraded shares of Expedia Group from a “buy” rating to a “hold” rating in a report on Friday, November 8th. JPMorgan Chase & Co. lifted their price objective on shares of Expedia Group from $135.00 to $170.00 and gave the company a “neutral” rating in a report on Friday, November 8th. BTIG Research lifted their price objective on shares of Expedia Group from $175.00 to $200.00 and gave the company a “buy” rating in a report on Friday, November 8th. Royal Bank of Canada restated a “sector perform” rating and set a $140.00 target price on shares of Expedia Group in a report on Friday, August 9th. Finally, UBS Group boosted their target price on shares of Expedia Group from $137.00 to $156.00 and gave the stock a “neutral” rating in a report on Wednesday, October 23rd.

Expedia Group Stock Performance

Shares of EXPE opened at $181.35 on Friday. The company has a debt-to-equity ratio of 2.03, a quick ratio of 0.76 and a current ratio of 0.73. Expedia Group has a twelve month low of $107.25 and a twelve month high of $190.40. The firm’s 50 day moving average price is $153.47 and its two-hundred day moving average price is $134.76. The firm has a market cap of $23.61 billion, a P/E ratio of 23.34, a PEG ratio of 0.71 and a beta of 1.78.

Insider Buying and Selling

In related news, Director Dara Khosrowshahi sold 10,000 shares of the business’s stock in a transaction dated Friday, October 4th. The stock was sold at an average price of $150.18, for a total value of $1,501,800.00. Following 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 position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Robert J. Dzielak sold 5,417 shares of the business’s stock in a transaction dated Monday, August 19th. The shares were sold at an average price of $134.60, for a total value of $729,128.20. Following the completion of the sale, the insider now owns 84,543 shares in the company, valued at $11,379,487.80. This represents a 6.02 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 35,417 shares of company stock worth $5,301,728 in the last ninety days. Corporate insiders own 6.80% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of EXPE. Empirical Finance LLC increased its position in shares of Expedia Group by 3.2% in the first quarter. Empirical Finance LLC now owns 5,101 shares of the online travel company’s stock worth $703,000 after purchasing an additional 157 shares during the last quarter. Envestnet Portfolio Solutions Inc. increased its position in shares of Expedia Group by 17.0% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 3,988 shares of the online travel company’s stock worth $549,000 after purchasing an additional 579 shares during the last quarter. LSV Asset Management purchased a new stake in Expedia Group in the first quarter worth approximately $8,361,000. Oppenheimer Asset Management Inc. boosted its stake in Expedia Group by 36.6% in the first quarter. Oppenheimer Asset Management Inc. now owns 13,037 shares of the online travel company’s stock worth $1,796,000 after buying an additional 3,496 shares in the last quarter. Finally, Forsta AP Fonden boosted its stake in Expedia Group by 7.8% in the first quarter. Forsta AP Fonden now owns 37,500 shares of the online travel company’s stock worth $5,166,000 after buying an additional 2,700 shares in the last quarter. 90.76% of the stock is currently owned by 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.