Expedia Group (NASDAQ:EXPE) Stock Rating Upgraded by Baird R W

Expedia Group (NASDAQ:EXPE) was upgraded by Baird R W to a “strong-buy” rating in a research note issued on Wednesday,Zacks.com reports.

Several other brokerages have also recently commented on EXPE. Wells Fargo & Company increased their target price on shares of Expedia Group from $130.00 to $159.00 and gave the stock an “equal weight” rating in a report on Tuesday, October 8th. Benchmark increased their price target on shares of Expedia Group from $180.00 to $200.00 and gave the company a “buy” rating in a research note on Friday, November 8th. Susquehanna increased their price target on shares of Expedia Group from $145.00 to $190.00 and gave the company a “neutral” rating in a research note on Monday, November 11th. 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, Oppenheimer increased their price target on shares of Expedia Group from $155.00 to $210.00 and gave the company an “outperform” rating in a research note on Friday, November 8th. Twenty research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $167.67.

Expedia Group Stock Performance

Shares of EXPE opened at $184.92 on Wednesday. Expedia Group has a 12 month low of $107.25 and a 12 month high of $190.40. The firm has a fifty day simple moving average of $162.14 and a 200 day simple moving average of $138.64. The stock has a market capitalization of $23.73 billion, a price-to-earnings ratio of 23.80, a PEG ratio of 0.72 and a beta of 1.78. 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 Transactions at Expedia Group

In other news, insider Robert J. Dzielak sold 1,951 shares of Expedia Group stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $180.00, for a total value of $351,180.00. Following the completion of the sale, the insider now owns 85,250 shares in the company, valued at $15,345,000. The trade was a 2.24 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Dara Khosrowshahi sold 10,000 shares of Expedia Group stock in a transaction on Friday, September 27th. The shares were sold at an average price of $150.21, for a total transaction of $1,502,100.00. Following the completion of the sale, the director now owns 208,505 shares of the company’s stock, valued at $31,319,536.05. This represents a 4.58 % decrease in their position. 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. Company insiders own 6.80% of the company’s stock.

Institutional Trading of Expedia Group

Several hedge funds have recently modified their holdings of EXPE. Price T Rowe Associates Inc. MD increased its stake in shares of Expedia Group by 55.1% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 275,430 shares of the online travel company’s stock valued at $37,942,000 after acquiring an additional 97,825 shares in the last quarter. Janus Henderson Group PLC increased its stake in Expedia Group by 4.9% during the 1st quarter. Janus Henderson Group PLC now owns 18,556 shares of the online travel company’s stock valued at $2,555,000 after purchasing an additional 859 shares in the last quarter. B. Riley Wealth Advisors Inc. increased its stake in Expedia Group by 17.9% during the 1st quarter. B. Riley Wealth Advisors Inc. now owns 3,421 shares of the online travel company’s stock valued at $471,000 after purchasing an additional 520 shares in the last quarter. Hancock Whitney Corp increased its stake in Expedia Group by 41.2% during the 1st quarter. Hancock Whitney Corp now owns 4,260 shares of the online travel company’s stock valued at $587,000 after purchasing an additional 1,244 shares in the last quarter. Finally, Comerica Bank increased its stake in Expedia Group by 34.1% during the 1st quarter. Comerica Bank now owns 54,343 shares of the online travel company’s stock valued at $7,486,000 after purchasing an additional 13,813 shares in the last quarter. Institutional investors 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.