Oppenheimer Increases Expedia Group (NASDAQ:EXPE) Price Target to $210.00

Expedia Group (NASDAQ:EXPE) had its target price boosted by Oppenheimer from $155.00 to $210.00 in a report released on Friday morning,Benzinga reports. Oppenheimer currently has an outperform rating on the online travel company’s stock.

A number of other equities research analysts have also recently issued reports on EXPE. Deutsche Bank Aktiengesellschaft cut shares of Expedia Group from a “buy” rating to a “hold” rating in a research note on Friday. DA Davidson reaffirmed a “neutral” rating and set a $135.00 price objective on shares of Expedia Group in a research note on Friday, August 9th. Susquehanna raised their price target on Expedia Group from $125.00 to $145.00 and gave the stock a “neutral” rating in a research report on Monday, August 12th. Citigroup increased their price objective on Expedia Group from $140.00 to $145.00 and gave the company a “neutral” rating in a research note on Friday, August 9th. Finally, Barclays decreased their target price on shares of Expedia Group from $138.00 to $134.00 and set an “equal weight” rating on the stock in a research note on Friday, August 9th. Twenty analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $161.62.

Expedia Group Stock Performance

Shares of NASDAQ EXPE opened at $184.32 on Friday. The stock has a market cap of $23.99 billion, a price-to-earnings ratio of 23.72, a P/E/G ratio of 0.70 and a beta of 1.78. The stock’s 50-day moving average is $149.81 and its 200 day moving average is $133.44. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 2.45. Expedia Group has a 1-year low of $107.25 and a 1-year high of $190.40.

Insider Buying and Selling at Expedia Group

In other news, insider Robert J. Dzielak sold 12,602 shares of the company’s stock in a transaction that occurred on Thursday, August 15th. The shares were sold at an average price of $131.50, for a total value of $1,657,163.00. Following the transaction, the insider now owns 89,960 shares in the company, valued at approximately $11,829,740. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. In other Expedia Group news, 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 value of $729,128.20. Following the completion of the sale, the insider now owns 84,543 shares of the company’s stock, valued at approximately $11,379,487.80. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Robert J. Dzielak sold 12,602 shares of the company’s stock in a transaction on Thursday, August 15th. The shares were sold at an average price of $131.50, for a total value of $1,657,163.00. Following the transaction, the insider now directly owns 89,960 shares in the company, valued at approximately $11,829,740. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 48,019 shares of company stock worth $6,958,891. 6.80% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Expedia Group

Several large investors have recently bought and sold shares of EXPE. Cozad Asset Management Inc. boosted its stake in shares of Expedia Group by 16.9% in the 3rd quarter. Cozad Asset Management Inc. now owns 30,823 shares of the online travel company’s stock worth $4,562,000 after buying an additional 4,449 shares during the last quarter. Robeco Institutional Asset Management B.V. boosted its position in Expedia Group by 13.1% in the third quarter. Robeco Institutional Asset Management B.V. now owns 649,716 shares of the online travel company’s stock worth $96,171,000 after purchasing an additional 75,120 shares during the last quarter. DoubleLine ETF Adviser LP bought a new stake in shares of Expedia Group during the 2nd quarter valued at about $465,000. Mitsubishi UFJ Asset Management Co. Ltd. increased its position in shares of Expedia Group by 18.3% during the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 154,867 shares of the online travel company’s stock valued at $21,333,000 after purchasing an additional 23,939 shares during the last quarter. Finally, Swedbank AB increased its position in shares of Expedia Group by 5.0% during the 2nd quarter. Swedbank AB now owns 169,076 shares of the online travel company’s stock valued at $21,302,000 after purchasing an additional 8,026 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.