Expedia Group (NASDAQ:EXPE) Price Target Raised to $180.00

Expedia Group (NASDAQ:EXPE) had its price objective upped by Morgan Stanley from $150.00 to $180.00 in a research note published on Friday,Benzinga reports. They currently have an equal weight rating on the online travel company’s stock.

EXPE has been the subject of a number of other research reports. JPMorgan Chase & Co. lifted their target price on Expedia Group from $135.00 to $170.00 and gave the company a “neutral” rating in a report on Friday, November 8th. UBS Group boosted their price objective on shares of Expedia Group from $137.00 to $156.00 and gave the company a “neutral” rating in a research note on Wednesday, October 23rd. Wedbush increased their target price on shares of Expedia Group from $130.00 to $180.00 and gave the stock a “neutral” rating in a research note on Friday, November 8th. Oppenheimer boosted their price target on shares of Expedia Group from $155.00 to $210.00 and gave the company an “outperform” rating in a research report on Friday, November 8th. Finally, Jefferies Financial Group upped their price target on shares of Expedia Group from $145.00 to $160.00 and gave the stock a “hold” rating in a report on Tuesday, October 22nd. Twenty research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $165.46.

Expedia Group Price Performance

Expedia Group stock opened at $184.92 on Friday. The firm has a market capitalization of $23.73 billion, a P/E ratio of 23.80, a PEG ratio of 0.72 and a beta of 1.78. Expedia Group has a one year low of $107.25 and a one year high of $190.40. The company has a debt-to-equity ratio of 2.03, a current ratio of 0.73 and a quick ratio of 0.73. The business has a fifty day moving average price of $159.31 and a 200-day moving average price of $137.29.

Insiders Place Their Bets

In related news, Director Dara Khosrowshahi sold 10,000 shares of Expedia Group stock in a transaction on Friday, September 27th. The shares were sold at an average price of $150.21, for a total value of $1,502,100.00. Following the transaction, the director now directly owns 208,505 shares of the company’s stock, valued at $31,319,536.05. The trade was a 4.58 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CAO Lance A. Soliday sold 7,000 shares of the company’s stock in a transaction on Thursday, November 14th. The shares were sold at an average price of $181.99, for a total transaction of $1,273,930.00. Following the sale, the chief accounting officer now owns 11,187 shares of the company’s stock, valued at $2,035,922.13. This represents a 38.49 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 38,951 shares of company stock valued at $6,197,710 in the last ninety days. Company insiders own 6.80% of the company’s stock.

Institutional Trading of Expedia Group

Large investors have recently modified their holdings of the business. Hantz Financial Services Inc. lifted its holdings in Expedia Group by 2.1% in the 3rd quarter. Hantz Financial Services Inc. now owns 2,980 shares of the online travel company’s stock worth $441,000 after buying an additional 62 shares during the period. Empirical Finance LLC lifted its stake in Expedia Group by 1.3% in the third quarter. Empirical Finance LLC now owns 4,754 shares of the online travel company’s stock worth $704,000 after acquiring an additional 63 shares during the period. Venture Visionary Partners LLC boosted its holdings in Expedia Group by 0.6% in the third quarter. Venture Visionary Partners LLC now owns 11,367 shares of the online travel company’s stock valued at $1,683,000 after acquiring an additional 64 shares in the last quarter. GHE LLC boosted its holdings in Expedia Group by 1.0% in the third quarter. GHE LLC now owns 6,689 shares of the online travel company’s stock valued at $980,000 after acquiring an additional 69 shares in the last quarter. Finally, AdvisorShares Investments LLC increased its position in Expedia Group by 7.1% during the 2nd quarter. AdvisorShares Investments LLC now owns 1,517 shares of the online travel company’s stock valued at $186,000 after purchasing an additional 100 shares during the period. 90.76% of the stock is 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.