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

Expedia Group (NASDAQ:EXPE) had its target price boosted by analysts at The Goldman Sachs Group from $208.00 to $236.00 in a note issued to investors on Friday,Benzinga reports. The firm presently has a “buy” rating on the online travel company’s stock. The Goldman Sachs Group’s target price would suggest a potential upside of 30.97% from the stock’s current price.

Other analysts have also recently issued research reports about the company. Oppenheimer increased their target price on Expedia Group from $155.00 to $210.00 and gave the stock an “outperform” rating in a research report on Friday, November 8th. Morgan Stanley increased their price objective on shares of Expedia Group from $150.00 to $180.00 and gave the company an “equal weight” rating in a report on Friday, November 22nd. Argus boosted their target price on shares of Expedia Group from $210.00 to $220.00 and gave the stock a “buy” rating in a report on Friday. Baird R W raised shares of Expedia Group to a “strong-buy” rating in a research note on Wednesday, November 27th. Finally, Deutsche Bank Aktiengesellschaft downgraded shares of Expedia Group from a “buy” rating to a “hold” rating in a report on Friday, November 8th. Twenty 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’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $175.00.

Expedia Group Trading Down 1.3 %

Shares of Expedia Group stock opened at $180.20 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. The company has a fifty day moving average of $183.17 and a 200 day moving average of $153.79. The company has a market capitalization of $23.13 billion, a P/E ratio of 23.19, a P/E/G ratio of 1.03 and a beta of 1.83. Expedia Group has a fifty-two week low of $107.25 and a fifty-two week high of $192.34.

Insider Buying and Selling at Expedia Group

In other news, Director Dara Khosrowshahi sold 10,000 shares of the company’s stock in a transaction dated Friday, November 1st. The shares were sold at an average price of $156.87, for a total value of $1,568,700.00. Following the transaction, the director now directly owns 188,505 shares in the company, valued at approximately $29,570,779.35. This represents a 5.04 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CAO Lance A. Soliday sold 7,000 shares of the firm’s stock in a transaction dated Thursday, November 14th. The stock was sold at an average price of $181.99, for a total transaction of $1,273,930.00. Following the completion of the transaction, the chief accounting officer now directly owns 11,187 shares in the company, valued at $2,035,922.13. This represents a 38.49 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 28,951 shares of company stock worth $5,045,310 over the last 90 days. Company insiders own 6.80% of the company’s stock.

Institutional Trading of Expedia Group

Large investors have recently modified their holdings of the company. Harbor Capital Advisors Inc. increased its holdings in Expedia Group by 2.5% during the 4th quarter. Harbor Capital Advisors Inc. now owns 5,251 shares of the online travel company’s stock worth $978,000 after purchasing an additional 130 shares during the period. Fulton Bank N.A. purchased a new position in shares of Expedia Group during the fourth quarter valued at $255,000. Fortem Financial Group LLC increased its stake in shares of Expedia Group by 4.3% during the fourth quarter. Fortem Financial Group LLC now owns 2,450 shares of the online travel company’s stock valued at $457,000 after buying an additional 100 shares during the period. Everence Capital Management Inc. bought a new stake in shares of Expedia Group in the fourth quarter valued at about $525,000. Finally, GAMMA Investing LLC lifted its stake in Expedia Group by 33.5% in the fourth quarter. GAMMA Investing LLC now owns 1,937 shares of the online travel company’s stock worth $361,000 after acquiring an additional 486 shares during the period. Hedge funds and other 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.