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

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

Several other analysts also recently weighed in on the company. Wedbush boosted their price objective on Expedia Group from $130.00 to $180.00 and gave the company a “neutral” rating in a research report on Friday, November 8th. JPMorgan Chase & Co. upped their price target 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. TD Cowen cut shares of Expedia Group from a “buy” rating to a “hold” rating and boosted their price objective for the company from $130.00 to $150.00 in a research report on Wednesday, September 25th. Royal Bank of Canada reiterated a “sector perform” rating and set a $140.00 target price on shares of Expedia Group in a report on Friday, August 9th. Finally, StockNews.com lowered Expedia Group from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 9th. Nineteen investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat, Expedia Group currently has a consensus rating of “Hold” and a consensus price target of $162.68.

Expedia Group Stock Up 1.1 %

Shares of NASDAQ:EXPE opened at $182.26 on Monday. The stock has a market capitalization of $23.73 billion, a P/E ratio of 23.46, a price-to-earnings-growth ratio of 0.71 and a beta of 1.78. The stock’s 50-day moving average price is $152.53 and its 200-day moving average price is $134.43. The company has a current ratio of 0.73, a quick ratio of 0.76 and a debt-to-equity ratio of 2.03. Expedia Group has a 12-month low of $107.25 and a 12-month high of $190.40.

Insiders Place Their Bets

In other news, insider Robert J. Dzielak sold 5,417 shares of the company’s 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 transaction, the insider now directly owns 84,543 shares of the company’s stock, valued at $11,379,487.80. This represents a 6.02 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Dara Khosrowshahi sold 10,000 shares of the 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 sale, the director now directly owns 188,505 shares in the company, valued at $29,570,779.35. This trade represents a 5.04 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 35,417 shares of company stock valued at $5,301,728. 6.80% of the stock is currently owned by corporate insiders.

Institutional Trading of Expedia Group

Institutional investors have recently made changes to their positions in the stock. Innealta Capital LLC purchased a new stake in Expedia Group in the second quarter worth approximately $27,000. Blue Trust Inc. increased its position in Expedia Group by 93.8% during the second quarter. Blue Trust Inc. now owns 217 shares of the online travel company’s stock valued at $30,000 after acquiring an additional 105 shares during the last quarter. Crewe Advisors LLC bought a new position in Expedia Group in the first quarter valued at about $40,000. LRI Investments LLC purchased a new position in Expedia Group in the first quarter worth about $48,000. Finally, Cedar Wealth Management LLC bought a new stake in shares of Expedia Group during the 1st quarter valued at about $49,000. Hedge funds and other 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.