Expedia Group (NASDAQ:EXPE) PT Lowered to $137.00

Expedia Group (NASDAQ:EXPE) had its price target lowered by stock analysts at UBS Group from $140.00 to $137.00 in a research note issued to investors on Friday, MarketBeat reports. The firm presently has a “neutral” rating on the online travel company’s stock. UBS Group’s price target would indicate a potential upside of 5.38% from the stock’s previous close.

Other analysts have also issued reports about the company. Wedbush raised their price target on Expedia Group from $125.00 to $130.00 and gave the stock a “neutral” rating in a research note on Friday. Wells Fargo & Company increased their price target on shares of Expedia Group from $137.00 to $140.00 and gave the stock an “equal weight” rating in a research note on Tuesday, July 9th. HSBC cut their target price on Expedia Group from $166.00 to $132.00 and set a “hold” rating on the stock in a research report on Tuesday, May 7th. B. Riley lowered their price target on Expedia Group from $200.00 to $190.00 and set a “buy” rating for the company in a research report on Friday, May 3rd. Finally, Mizuho cut their price objective on Expedia Group from $140.00 to $135.00 and set a “neutral” rating on the stock in a report on Friday, May 3rd. Sixteen analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $147.92.

Expedia Group Price Performance

Shares of Expedia Group stock traded up $12.04 during trading on Friday, hitting $130.01. 6,092,480 shares of the company were exchanged, compared to its average volume of 2,451,472. The firm has a 50 day moving average price of $125.31 and a 200 day moving average price of $129.50. The stock has a market capitalization of $17.72 billion, a price-to-earnings ratio of 24.35, a P/E/G ratio of 0.46 and a beta of 1.78. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 2.93. Expedia Group has a fifty-two week low of $92.48 and a fifty-two week high of $160.05.

Insider Transactions at Expedia Group

In other Expedia Group news, Director Craig A. Jacobson sold 6,722 shares of the firm’s stock in a transaction that occurred on Wednesday, May 15th. The stock was sold at an average price of $112.71, for a total transaction of $757,636.62. Following the completion of the sale, the director now owns 32,620 shares in the company, valued at approximately $3,676,600.20. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. In other news, CAO Lance A. Soliday sold 544 shares of the stock in a transaction dated Monday, June 3rd. The shares were sold at an average price of $113.38, for a total transaction of $61,678.72. Following the transaction, the chief accounting officer now owns 11,187 shares of the company’s stock, valued at $1,268,382.06. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Craig A. Jacobson sold 6,722 shares of Expedia Group stock in a transaction dated Wednesday, May 15th. The stock was sold at an average price of $112.71, for a total value of $757,636.62. Following the completion of the transaction, the director now owns 32,620 shares of the company’s stock, valued at $3,676,600.20. The disclosure for this sale can be found here. Corporate insiders own 8.07% of the company’s stock.

Institutional Trading of Expedia Group

Several institutional investors and hedge funds have recently bought and sold shares of the company. ValueAct Holdings L.P. bought a new stake in shares of Expedia Group in the 4th quarter valued at approximately $645,346,000. Norges Bank bought a new stake in Expedia Group during the fourth quarter valued at $334,632,000. Lyrical Asset Management LP raised its holdings in shares of Expedia Group by 0.8% during the fourth quarter. Lyrical Asset Management LP now owns 1,796,068 shares of the online travel company’s stock worth $272,625,000 after purchasing an additional 13,792 shares during the period. Fisher Asset Management LLC lifted its position in shares of Expedia Group by 4.3% in the 4th quarter. Fisher Asset Management LLC now owns 1,439,626 shares of the online travel company’s stock worth $218,521,000 after buying an additional 59,530 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its position in shares of Expedia Group by 14.8% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,054,485 shares of the online travel company’s stock worth $132,851,000 after buying an additional 135,973 shares during the last quarter. Institutional investors and hedge funds 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.