Expedia Group (NASDAQ:EXPE) Given New $145.00 Price Target at Citigroup

Expedia Group (NASDAQ:EXPE) had its price objective increased by equities researchers at Citigroup from $140.00 to $145.00 in a research report issued to clients and investors on Friday, Benzinga reports. The firm presently has a “neutral” rating on the online travel company’s stock. Citigroup’s price target would suggest a potential upside of 11.53% from the stock’s previous close.

Several other equities analysts have also recently weighed in on the company. B. Riley reduced 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. Oppenheimer reissued an “outperform” rating and issued a $175.00 price target on shares of Expedia Group in a report on Monday, April 29th. DA Davidson reaffirmed a “neutral” rating and set a $135.00 price objective on shares of Expedia Group in a research note on Friday. TD Cowen decreased their target price on shares of Expedia Group from $165.00 to $130.00 and set a “buy” rating on the stock in a report on Friday, May 3rd. Finally, Evercore ISI cut their price target on shares of Expedia Group from $190.00 to $175.00 and set an “outperform” rating for the company in a report on Friday, May 3rd. Sixteen investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $147.92.

Expedia Group Stock Performance

EXPE traded up $12.04 on Friday, hitting $130.01. The company’s stock had a trading volume of 6,089,476 shares, compared to its average volume of 2,451,472. Expedia Group has a 12 month low of $92.48 and a 12 month high of $160.05. The firm has a market cap of $17.72 billion, a P/E ratio of 24.35, a price-to-earnings-growth 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. The company’s 50 day simple moving average is $124.97 and its 200-day simple moving average is $129.74.

Insider Buying and Selling

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

Institutional Trading of Expedia Group

Several large investors have recently added to or reduced their stakes in EXPE. Hohimer Wealth Management LLC boosted its stake in shares of Expedia Group by 1.2% during the 4th quarter. Hohimer Wealth Management LLC now owns 6,711 shares of the online travel company’s stock valued at $1,019,000 after purchasing an additional 78 shares in the last quarter. Parallel Advisors LLC grew its holdings in shares of Expedia Group by 7.4% during the 4th quarter. Parallel Advisors LLC now owns 1,163 shares of the online travel company’s stock worth $176,000 after acquiring an additional 80 shares during the period. Private Advisor Group LLC raised its position in shares of Expedia Group by 0.4% in the 1st quarter. Private Advisor Group LLC now owns 24,351 shares of the online travel company’s stock worth $3,354,000 after acquiring an additional 87 shares in the last quarter. First Trust Direct Indexing L.P. raised its position in shares of Expedia Group by 5.8% in the 1st quarter. First Trust Direct Indexing L.P. now owns 1,601 shares of the online travel company’s stock worth $221,000 after acquiring an additional 88 shares in the last quarter. Finally, Commerce Bank lifted its stake in shares of Expedia Group by 4.3% in the 4th quarter. Commerce Bank now owns 2,304 shares of the online travel company’s stock valued at $350,000 after purchasing an additional 96 shares during the period. 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.