Expedia Group (NASDAQ:EXPE) Price Target Raised to $190.00 at DA Davidson

Expedia Group (NASDAQ:EXPE) had its price target boosted by DA Davidson from $135.00 to $190.00 in a research note released on Monday,Benzinga reports. DA Davidson currently has a neutral rating on the online travel company’s stock.

Other equities research analysts also recently issued research reports about the company. TD Cowen downgraded Expedia Group from a “buy” rating to a “hold” rating and lifted their price objective for the company from $130.00 to $150.00 in a research report on Wednesday, September 25th. 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 report on Friday, November 8th. Oppenheimer lifted their target price on Expedia Group from $155.00 to $210.00 and gave the company an “outperform” rating in a report on Friday, November 8th. UBS Group lifted their target price on Expedia Group from $137.00 to $156.00 and gave the company a “neutral” rating in a report on Wednesday, October 23rd. Finally, Susquehanna lifted their target price on Expedia Group from $145.00 to $190.00 and gave the company a “neutral” rating in a report on Monday, November 11th. Nineteen analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $164.88.

Expedia Group Stock Performance

Expedia Group stock opened at $179.10 on Monday. The company has a debt-to-equity ratio of 2.03, a quick ratio of 0.73 and a current ratio of 0.73. The stock has a fifty day moving average of $157.30 and a two-hundred day moving average of $136.14. The company has a market capitalization of $22.99 billion, a price-to-earnings ratio of 23.05, a PEG ratio of 0.71 and a beta of 1.78. Expedia Group has a fifty-two week low of $107.25 and a fifty-two week high of $190.40.

Insider Buying and Selling

In related news, CAO Lance A. Soliday sold 7,000 shares of the business’s stock in a transaction dated 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 of the company’s stock, valued at $2,035,922.13. The trade was a 38.49 % 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, Director Dara Khosrowshahi sold 10,000 shares of the business’s stock in a transaction dated 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 completion of the sale, the director now directly owns 208,505 shares of the company’s stock, valued at approximately $31,319,536.05. This represents a 4.58 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 37,000 shares of company stock worth $5,846,530. 6.80% of the stock is currently owned by corporate insiders.

Institutional Trading of Expedia Group

Several hedge funds and other institutional investors have recently bought and sold shares of EXPE. Avantax Advisory Services Inc. grew its holdings in shares of Expedia Group by 12.3% during the first quarter. Avantax Advisory Services Inc. now owns 1,674 shares of the online travel company’s stock valued at $231,000 after purchasing an additional 183 shares during the last quarter. Kingsview Wealth Management LLC grew its holdings in shares of Expedia Group by 52.5% during the first quarter. Kingsview Wealth Management LLC now owns 2,133 shares of the online travel company’s stock valued at $294,000 after purchasing an additional 734 shares during the last quarter. Orion Portfolio Solutions LLC grew its holdings in shares of Expedia Group by 246.8% during the first quarter. Orion Portfolio Solutions LLC now owns 8,823 shares of the online travel company’s stock valued at $1,215,000 after purchasing an additional 6,279 shares during the last quarter. Edgestream Partners L.P. bought a new position in shares of Expedia Group during the first quarter valued at approximately $2,043,000. Finally, UniSuper Management Pty Ltd grew its holdings in shares of Expedia Group by 439.1% during the first quarter. UniSuper Management Pty Ltd now owns 8,394 shares of the online travel company’s stock valued at $1,156,000 after purchasing an additional 6,837 shares during the last quarter. 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.