Expedia Group (NASDAQ:EXPE) Given New $145.00 Price Target at Citigroup

Expedia Group (NASDAQ:EXPE) had its price target increased by Citigroup from $140.00 to $145.00 in a research note released on Friday, Benzinga reports. The brokerage currently has a neutral rating on the online travel company’s stock.

Several other research firms have also weighed in on EXPE. B. Riley reduced their target price on Expedia Group from $200.00 to $190.00 and set a buy rating on the stock in a report on Friday, May 3rd. Royal Bank of Canada reaffirmed a sector perform rating and issued a $140.00 price target on shares of Expedia Group in a research note on Friday. Benchmark reissued a buy rating and set a $180.00 price objective on shares of Expedia Group in a research report on Friday. Oppenheimer reaffirmed an outperform rating and issued a $175.00 price objective on shares of Expedia Group in a research report on Monday, April 29th. Finally, Susquehanna reiterated a neutral rating and set a $125.00 target price on shares of Expedia Group in a report on Wednesday, May 15th. Sixteen investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of Hold and an average target price of $147.92.

Expedia Group Trading Up 10.2 %

NASDAQ EXPE traded up $12.04 during trading on Friday, reaching $130.01. 6,092,480 shares of the stock traded hands, compared to its average volume of 2,451,472. The stock’s 50-day moving average price is $125.31 and its 200 day moving average price is $129.50. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 2.93. The firm has a market cap of $17.72 billion, a price-to-earnings ratio of 24.35, a price-to-earnings-growth ratio of 0.46 and a beta of 1.78. Expedia Group has a fifty-two week low of $92.48 and a fifty-two week high of $160.05.

Insiders Place Their Bets

In other Expedia Group news, Director Craig A. Jacobson sold 6,722 shares of the stock in a transaction dated Wednesday, May 15th. The shares were sold at an average price of $112.71, for a total value of $757,636.62. Following the transaction, the director now directly owns 32,620 shares of the company’s stock, valued at approximately $3,676,600.20. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other Expedia Group news, CAO Lance A. Soliday sold 544 shares of the business’s stock in a transaction dated Monday, June 3rd. The shares were sold at an average price of $113.38, for a total value of $61,678.72. Following the completion of the sale, the chief accounting officer now owns 11,187 shares of the company’s stock, valued at approximately $1,268,382.06. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Craig A. Jacobson sold 6,722 shares of the firm’s stock in a transaction that occurred on Wednesday, May 15th. The stock was sold at an average price of $112.71, for a total transaction of $757,636.62. Following the transaction, the director now directly owns 32,620 shares in the company, valued at $3,676,600.20. The disclosure for this sale can be found here. Company insiders own 8.07% of the company’s stock.

Hedge Funds Weigh In On Expedia Group

Several hedge funds and other institutional investors have recently modified their holdings of EXPE. University of Texas Texas AM Investment Managment Co. acquired a new position in shares of Expedia Group during the fourth quarter worth $26,000. ORG Partners LLC increased its stake in shares of Expedia Group by 4,525.0% in the first quarter. ORG Partners LLC now owns 185 shares of the online travel company’s stock valued at $25,000 after buying an additional 181 shares during the period. Innealta Capital LLC bought a new position in Expedia Group in the 2nd quarter valued at approximately $27,000. Blue Trust Inc. raised its holdings in Expedia Group by 93.8% in the 2nd quarter. Blue Trust Inc. now owns 217 shares of the online travel company’s stock valued at $30,000 after buying an additional 105 shares during the last quarter. Finally, Crewe Advisors LLC acquired a new stake in Expedia Group during the 1st quarter worth approximately $40,000. Institutional investors own 90.76% of the company’s stock.

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.