Expedia Group, Inc. (NASDAQ:EXPE) Receives Consensus Recommendation of “Hold” from Analysts

Expedia Group, Inc. (NASDAQ:EXPE) has been given an average recommendation of “Hold” by the twenty-nine ratings firms that are currently covering the firm, Marketbeat reports. Twenty analysts have rated the stock with a hold recommendation, eight have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $169.77.

EXPE has been the topic of a number of recent research reports. Baird R W raised Expedia Group to a “strong-buy” rating in a research note on Wednesday, November 27th. Bank of America raised shares of Expedia Group from a “neutral” rating to a “buy” rating and upped their price objective for the company from $187.00 to $221.00 in a report on Wednesday, December 18th. Robert W. Baird assumed coverage on shares of Expedia Group in a research note on Wednesday, November 27th. They set an “outperform” rating and a $225.00 target price on the stock. Truist Financial initiated coverage on shares of Expedia Group in a research note on Friday, September 6th. They issued a “hold” rating and a $148.00 price target for the company. Finally, JPMorgan Chase & Co. lifted their price target on shares of Expedia Group from $135.00 to $170.00 and gave the company a “neutral” rating in a research report on Friday, November 8th.

Insider Activity

In related news, CAO Lance A. Soliday sold 7,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 14th. The shares were sold at an average price of $181.99, for a total value 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 trade represents a 38.49 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Dara Khosrowshahi sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, November 1st. The stock was sold at an average price of $156.87, for a total transaction of $1,568,700.00. Following the transaction, the director now owns 188,505 shares of the company’s stock, valued at $29,570,779.35. This trade represents a 5.04 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 28,951 shares of company stock worth $5,045,310. 6.80% of the stock is currently owned by company insiders.

Institutional Trading of Expedia Group

A number of hedge funds and other institutional investors have recently bought and sold shares of EXPE. Hantz Financial Services Inc. increased its holdings in shares of 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 valued at $441,000 after acquiring an additional 62 shares during the last quarter. Empirical Finance LLC increased 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 valued at $704,000 after purchasing an additional 63 shares during the last quarter. Venture Visionary Partners LLC increased its stake 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 purchasing an additional 64 shares during the last quarter. GHE LLC raised its holdings in Expedia Group by 1.0% during the third quarter. GHE LLC now owns 6,689 shares of the online travel company’s stock worth $980,000 after purchasing an additional 69 shares in the last quarter. Finally, AdvisorShares Investments LLC lifted its position in shares of Expedia Group by 7.1% during the 2nd quarter. AdvisorShares Investments LLC now owns 1,517 shares of the online travel company’s stock worth $186,000 after buying an additional 100 shares during the last quarter. 90.76% of the stock is currently owned by institutional investors and hedge funds.

Expedia Group Trading Down 0.5 %

EXPE opened at $185.33 on Friday. The firm has a market capitalization of $23.79 billion, a price-to-earnings ratio of 23.85, a price-to-earnings-growth ratio of 1.07 and a beta of 1.84. The company’s 50 day simple moving average is $180.24 and its two-hundred day simple moving average is $151.24. Expedia Group has a 1-year low of $107.25 and a 1-year high of $192.34. The company has a debt-to-equity ratio of 2.03, a current ratio of 0.73 and a quick ratio of 0.73.

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.