Expedia Group (NASDAQ:EXPE) Price Target Raised to $190.00 at Susquehanna

Expedia Group (NASDAQ:EXPE) had its target price upped by Susquehanna from $145.00 to $190.00 in a research note issued to investors on Monday,Benzinga reports. Susquehanna currently has a neutral rating on the online travel company’s stock.

Several other analysts have also commented on the stock. Benchmark increased their target price on shares of Expedia Group from $180.00 to $200.00 and gave the company a “buy” rating in a research note on Friday. BTIG Research raised their price objective on Expedia Group from $175.00 to $200.00 and gave the stock a “buy” rating in a research note on Friday. Bank of America boosted their target price on Expedia Group from $144.00 to $166.00 and gave the stock a “neutral” rating in a research report on Friday, October 25th. Cantor Fitzgerald reiterated a “neutral” rating and issued a $130.00 price target on shares of Expedia Group in a research report on Monday, October 7th. Finally, Wedbush lifted their price target on Expedia Group from $130.00 to $180.00 and gave the stock a “neutral” rating in a research note on Friday. Twenty investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat.com, Expedia Group presently has an average rating of “Hold” and a consensus target price of $161.62.

Expedia Group Price Performance

Shares of NASDAQ EXPE traded down $3.11 during mid-day trading on Monday, reaching $181.21. 132,206 shares of the company traded hands, compared to its average volume of 2,174,677. Expedia Group has a fifty-two week low of $107.25 and a fifty-two week high of $190.40. The firm has a market cap of $23.59 billion, a PE ratio of 23.72, a price-to-earnings-growth ratio of 0.70 and a beta of 1.78. The stock has a fifty day simple moving average of $150.71 and a 200-day simple moving average of $133.78. The company has a debt-to-equity ratio of 2.45, a current ratio of 0.76 and a quick ratio of 0.76.

Insider Buying and Selling

In other Expedia Group news, insider Robert J. Dzielak sold 5,417 shares of the firm’s stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $134.60, for a total transaction of $729,128.20. Following the transaction, the insider now directly owns 84,543 shares in the company, valued at $11,379,487.80. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, Director Dara Khosrowshahi sold 10,000 shares of the firm’s stock in a transaction on Friday, November 1st. The shares were sold at an average price of $156.87, for a total value of $1,568,700.00. Following the transaction, the director now directly owns 188,505 shares in the company, valued at approximately $29,570,779.35. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Robert J. Dzielak sold 5,417 shares of Expedia Group stock in a transaction on Monday, August 19th. The stock was sold at an average price of $134.60, for a total transaction of $729,128.20. Following the completion of the transaction, the insider now owns 84,543 shares in the company, valued at $11,379,487.80. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 48,019 shares of company stock worth $6,958,891. Corporate insiders own 6.80% of the company’s stock.

Hedge Funds Weigh In On Expedia Group

A number of institutional investors have recently made changes to their positions in EXPE. Envestnet Portfolio Solutions Inc. increased its position in Expedia Group by 17.0% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 3,988 shares of the online travel company’s stock worth $549,000 after buying an additional 579 shares during the period. Avantax Advisory Services Inc. increased its position in Expedia Group by 12.3% during the first quarter. Avantax Advisory Services Inc. now owns 1,674 shares of the online travel company’s stock worth $231,000 after acquiring an additional 183 shares during the period. Bleakley Financial Group LLC boosted its holdings in Expedia Group by 5.1% in the 1st quarter. Bleakley Financial Group LLC now owns 2,028 shares of the online travel company’s stock valued at $279,000 after purchasing an additional 99 shares during the period. Patton Fund Management Inc. acquired a new stake in Expedia Group in the 1st quarter worth $4,528,000. Finally, State Board of Administration of Florida Retirement System grew its position in Expedia Group by 7.2% in the 1st quarter. State Board of Administration of Florida Retirement System now owns 164,317 shares of the online travel company’s stock worth $22,635,000 after purchasing an additional 11,045 shares during the last quarter. 90.76% of the stock is currently owned by institutional investors.

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.