Analysts Set Expedia Group, Inc. (NASDAQ:EXPE) Target Price at $159.88

Expedia Group, Inc. (NASDAQ:EXPE) has been assigned a consensus rating of “Hold” from the twenty-six ratings firms that are currently covering the company, MarketBeat reports. Nineteen research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 12-month price target among brokers that have covered the stock in the last year is $162.68.

A number of brokerages have issued reports on EXPE. JPMorgan Chase & Co. lifted their price objective on Expedia Group from $135.00 to $170.00 and gave the company a “neutral” rating in a research note on Friday, November 8th. Wedbush lifted their price objective on Expedia Group from $130.00 to $180.00 and gave the company a “neutral” rating in a research note on Friday, November 8th. Truist Financial began coverage on Expedia Group in a research note on Friday, September 6th. They set a “hold” rating and a $148.00 price objective for the company. Barclays lifted their price objective on Expedia Group from $134.00 to $153.00 and gave the company an “equal weight” rating in a research note on Friday, November 8th. Finally, Royal Bank of Canada reiterated a “sector perform” rating and set a $140.00 price objective on shares of Expedia Group in a research note on Friday, August 9th.

Insider Buying and Selling at Expedia Group

In other Expedia Group news, insider Robert J. Dzielak sold 5,417 shares of the business’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 completion of the sale, the insider now owns 84,543 shares of the company’s stock, valued at approximately $11,379,487.80. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other Expedia Group news, Director Dara Khosrowshahi sold 10,000 shares of the business’s stock in a transaction dated Friday, September 27th. The stock was 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 approximately $31,319,536.05. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Robert J. Dzielak sold 5,417 shares of the business’s stock in a transaction dated Monday, August 19th. The shares were sold at an average price of $134.60, for a total value of $729,128.20. Following the sale, the insider now directly owns 84,543 shares of the company’s stock, valued at $11,379,487.80. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 35,417 shares of company stock valued at $5,301,728. Company insiders own 6.80% of the company’s stock.

Institutional Trading of Expedia Group

Several hedge funds have recently bought and sold shares of EXPE. Cozad Asset Management Inc. grew its position in shares of Expedia Group by 16.9% during the third quarter. Cozad Asset Management Inc. now owns 30,823 shares of the online travel company’s stock worth $4,562,000 after purchasing an additional 4,449 shares in the last quarter. Robeco Institutional Asset Management B.V. grew its position in shares of Expedia Group by 13.1% during 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 in the last quarter. DoubleLine ETF Adviser LP purchased a new stake in shares of Expedia Group during the second quarter worth about $465,000. Mitsubishi UFJ Asset Management Co. Ltd. grew its position in shares of Expedia Group by 18.3% during the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 154,867 shares of the online travel company’s stock worth $21,333,000 after purchasing an additional 23,939 shares in the last quarter. Finally, Swedbank AB grew its position in shares of Expedia Group by 5.0% during the second quarter. Swedbank AB now owns 169,076 shares of the online travel company’s stock worth $21,302,000 after purchasing an additional 8,026 shares in the last quarter. Institutional investors own 90.76% of the company’s stock.

Expedia Group Stock Down 0.9 %

Shares of NASDAQ:EXPE opened at $180.33 on Friday. The stock has a fifty day simple moving average of $151.62 and a two-hundred day simple moving average of $134.10. The stock has a market capitalization of $23.48 billion, a price-to-earnings ratio of 23.21, a PEG ratio of 0.70 and a beta of 1.78. Expedia Group has a 12-month low of $107.25 and a 12-month high of $190.40. The company has a current ratio of 0.73, a quick ratio of 0.76 and a debt-to-equity ratio of 2.03.

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.