Expedia Group (NASDAQ:EXPE) Given New $236.00 Price Target at The Goldman Sachs Group

Expedia Group (NASDAQ:EXPE) had its price target increased by The Goldman Sachs Group from $208.00 to $236.00 in a report released on Friday,Benzinga reports. They currently have a buy rating on the online travel company’s stock.

EXPE has been the subject of several other research reports. Morgan Stanley lifted their price objective on Expedia Group from $150.00 to $180.00 and gave the company an “equal weight” rating in a research note on Friday, November 22nd. JMP Securities reissued a “market perform” rating on shares of Expedia Group in a report on Monday, December 16th. Benchmark raised their target price on shares of Expedia Group from $180.00 to $200.00 and gave the company a “buy” rating in a research note on Friday, November 8th. Argus boosted their price target on shares of Expedia Group from $210.00 to $220.00 and gave the stock a “buy” rating in a research note on Friday. Finally, Jefferies Financial Group raised their price objective on shares of Expedia Group from $145.00 to $160.00 and gave the company a “hold” rating in a research report on Tuesday, October 22nd. Twenty equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and three have assigned a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $175.00.

Expedia Group Stock Performance

NASDAQ EXPE opened at $180.20 on Friday. The company’s 50 day simple moving average is $183.17 and its two-hundred day simple moving average is $153.63. The stock has a market capitalization of $23.13 billion, a PE ratio of 23.19, a P/E/G ratio of 1.03 and a beta of 1.83. 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 has a 1 year low of $107.25 and a 1 year high of $192.34.

Insider Transactions at Expedia Group

In other news, Director Dara Khosrowshahi sold 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $185.15, for a total value of $1,851,500.00. Following the completion of the transaction, the director now owns 168,505 shares in the company, valued at $31,198,700.75. This trade represents a 5.60 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Lance A. Soliday sold 7,000 shares of the company’s stock in a transaction on Thursday, November 14th. The stock was sold at an average price of $181.99, for a total value of $1,273,930.00. Following the completion of the sale, the chief accounting officer now directly owns 11,187 shares in the company, valued at approximately $2,035,922.13. The trade was a 38.49 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 28,951 shares of company stock valued at $5,045,310. Company insiders own 6.80% of the company’s stock.

Institutional Investors Weigh In On Expedia Group

Several hedge funds have recently bought and sold shares of the business. Caprock Group LLC lifted its holdings in shares of Expedia Group by 33.7% during the third quarter. Caprock Group LLC now owns 10,191 shares of the online travel company’s stock valued at $1,508,000 after purchasing an additional 2,569 shares during the last quarter. Cozad Asset Management Inc. increased its position in Expedia Group by 16.9% during the 3rd quarter. Cozad Asset Management Inc. now owns 30,823 shares of the online travel company’s stock valued at $4,562,000 after buying an additional 4,449 shares in the last quarter. Robeco Institutional Asset Management B.V. raised its stake in 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 valued at $96,171,000 after buying an additional 75,120 shares during the last quarter. Integrated Investment Consultants LLC bought a new stake in Expedia Group in the third quarter worth $527,000. Finally, DoubleLine ETF Adviser LP purchased a new stake in shares of Expedia Group in the second quarter worth $465,000. Institutional investors own 90.76% of the company’s stock.

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.