Expedia Group (NASDAQ:EXPE) Stock Rating Reaffirmed by Benchmark

Benchmark restated their buy rating on shares of Expedia Group (NASDAQ:EXPE) in a report released on Friday, Benzinga reports. They currently have a $180.00 target price on the online travel company’s stock.

A number of other equities analysts have also recently issued reports on EXPE. BTIG Research cut their target price on shares of Expedia Group from $175.00 to $150.00 and set a buy rating for the company in a research report on Tuesday, May 21st. B. Riley lowered their target price on Expedia Group from $200.00 to $190.00 and set a buy rating on the stock in a report on Friday, May 3rd. Piper Sandler reissued a neutral rating and set a $140.00 price target (down previously from $145.00) on shares of Expedia Group in a research report on Friday. Mizuho reduced their price objective on Expedia Group from $140.00 to $135.00 and set a neutral rating on the stock in a research report on Friday, May 3rd. Finally, UBS Group dropped their price objective on Expedia Group from $140.00 to $137.00 and set a neutral rating for the company in a research report on Friday. Sixteen analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of Hold and a consensus target price of $147.92.

Expedia Group Price Performance

Expedia Group stock traded up $12.04 during trading hours on Friday, hitting $130.01. The stock had a trading volume of 6,092,480 shares, compared to its average volume of 2,451,472. The stock has a market capitalization of $17.72 billion, a price-to-earnings ratio of 24.35, a PEG ratio of 0.46 and a beta of 1.78. The company has a debt-to-equity ratio of 2.93, a current ratio of 0.79 and a quick ratio of 0.79. Expedia Group has a 1-year low of $92.48 and a 1-year high of $160.05. The stock’s fifty day moving average is $125.31 and its two-hundred day moving average is $129.50.

Insider Activity

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

Institutional Investors Weigh In On Expedia Group

Institutional investors and hedge funds have recently made changes to their positions in the company. International Assets Investment Management LLC raised its holdings in shares of Expedia Group by 115.8% during the fourth quarter. International Assets Investment Management LLC now owns 39,314 shares of the online travel company’s stock worth $5,967,000 after purchasing an additional 21,095 shares during the period. Allworth Financial LP boosted its position in Expedia Group by 22.6% during the 4th quarter. Allworth Financial LP now owns 629 shares of the online travel company’s stock valued at $95,000 after purchasing an additional 116 shares during the period. Stratos Wealth Partners LTD. bought a new position in Expedia Group during the 4th quarter worth $276,000. Bleakley Financial Group LLC acquired a new stake in Expedia Group in the fourth quarter worth $293,000. Finally, RFG Advisory LLC bought a new stake in Expedia Group in the fourth quarter valued at $295,000. 90.76% of the stock is owned by institutional investors and hedge funds.

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.