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

Shares of Expedia Group, Inc. (NASDAQ:EXPE) have been given a consensus recommendation of “Hold” by the twenty-nine ratings firms that are presently covering the stock, MarketBeat.com reports. Twenty research 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 1-year price target among brokerages that have issued a report on the stock in the last year is $169.77.

EXPE has been the subject of several research reports. Wells Fargo & Company increased their target price on Expedia Group from $130.00 to $159.00 and gave the company an “equal weight” rating in a research report on Tuesday, October 8th. Benchmark lifted their target price on shares of Expedia Group from $180.00 to $200.00 and gave the stock a “buy” rating in a research report on Friday, November 8th. BTIG Research upped their price target on shares of Expedia Group from $175.00 to $200.00 and gave the company a “buy” rating in a research report on Friday, November 8th. Barclays lifted their price target on shares of Expedia Group from $134.00 to $153.00 and gave the stock an “equal weight” rating in a report on Friday, November 8th. Finally, Robert W. Baird initiated coverage on Expedia Group in a report on Wednesday, November 27th. They issued an “outperform” rating and a $225.00 price objective for the company.

Insider Transactions at Expedia Group

In other Expedia Group news, Director Dara Khosrowshahi sold 10,000 shares of Expedia Group stock in a transaction dated Friday, October 4th. The stock was sold at an average price of $150.18, for a total transaction of $1,501,800.00. Following the completion of the transaction, the director now owns 198,505 shares in the company, valued at approximately $29,811,480.90. The trade was a 4.80 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Lance A. Soliday sold 7,000 shares of the business’s stock in a transaction that occurred 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 sale, the chief accounting officer now directly 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 28,951 shares of company stock valued at $4,695,610 over the last ninety days. 6.80% of the stock is owned by company insiders.

Hedge Funds Weigh In On Expedia Group

Hedge funds have recently bought and sold shares of the company. Allspring Global Investments Holdings LLC boosted its stake in shares of Expedia Group by 16.1% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 63,372 shares of the online travel company’s stock worth $7,984,000 after buying an additional 8,778 shares during the last quarter. Innealta Capital LLC purchased a new stake in shares of Expedia Group during the 2nd quarter valued at $27,000. Hantz Financial Services Inc. bought a new stake in shares of Expedia Group during the 2nd quarter worth $368,000. Commonwealth Equity Services LLC boosted its holdings in shares of Expedia Group by 4.8% in the 2nd quarter. Commonwealth Equity Services LLC now owns 34,992 shares of the online travel company’s stock worth $4,409,000 after buying an additional 1,587 shares during the last quarter. Finally, Van ECK Associates Corp grew its position in Expedia Group by 12.2% during the second quarter. Van ECK Associates Corp now owns 34,595 shares of the online travel company’s stock valued at $4,359,000 after buying an additional 3,775 shares during the period. 90.76% of the stock is owned by hedge funds and other institutional investors.

Expedia Group Stock Down 2.1 %

Shares of NASDAQ:EXPE opened at $186.11 on Friday. The company has a debt-to-equity ratio of 2.03, a quick ratio of 0.73 and a current ratio of 0.73. Expedia Group has a 52-week low of $107.25 and a 52-week high of $192.34. The company has a market capitalization of $23.89 billion, a PE ratio of 23.95, a price-to-earnings-growth ratio of 1.07 and a beta of 1.84. The company has a fifty day moving average of $178.21 and a 200-day moving average of $149.69.

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.