Barclays Raises Expedia Group (NASDAQ:EXPE) Price Target to $125.00

Expedia Group (NASDAQ:EXPEGet Rating) had its price objective boosted by Barclays from $124.00 to $125.00 in a research note issued to investors on Tuesday morning, The Fly reports. Barclays currently has an overweight rating on the online travel company’s stock.

A number of other equities research analysts have also recently weighed in on the company. Atlantic Securities decreased their price objective on Expedia Group to $125.00 in a research note on Tuesday, August 9th. Citigroup decreased their price target on shares of Expedia Group from $118.00 to $102.00 and set a neutral rating for the company in a research report on Tuesday, November 8th. Piper Sandler cut their price objective on shares of Expedia Group from $155.00 to $120.00 and set an overweight rating on the stock in a research report on Friday, November 4th. Wells Fargo & Company decreased their target price on shares of Expedia Group from $200.00 to $150.00 in a research report on Friday, November 4th. Finally, Ascendiant Capital Markets lowered their target price on shares of Expedia Group to $190.00 in a research note on Tuesday, September 13th. Thirteen equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. According to MarketBeat, Expedia Group presently has an average rating of Hold and a consensus target price of $151.68.

Expedia Group Price Performance

NASDAQ EXPE opened at $100.88 on Tuesday. The company has a market cap of $15.75 billion, a PE ratio of 36.95, a P/E/G ratio of 1.31 and a beta of 1.51. The firm’s 50 day moving average price is $95.86 and its 200-day moving average price is $104.40. The company has a debt-to-equity ratio of 1.68, a quick ratio of 0.83 and a current ratio of 0.83. Expedia Group has a 52-week low of $85.02 and a 52-week high of $217.72.

Insider Buying and Selling at Expedia Group

In other news, CAO Lance A. Soliday sold 635 shares of the business’s stock in a transaction dated Tuesday, November 15th. The stock was sold at an average price of $100.18, for a total value of $63,614.30. Following the completion of the transaction, the chief accounting officer now owns 8,949 shares of the company’s stock, valued at approximately $896,510.82. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In other Expedia Group news, CAO Lance A. Soliday sold 635 shares of the company’s stock in a transaction that occurred on Tuesday, November 15th. The stock was sold at an average price of $100.18, for a total value of $63,614.30. Following the sale, the chief accounting officer now owns 8,949 shares in the company, valued at approximately $896,510.82. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Jonathan L. Dolgen sold 1,000 shares of Expedia Group stock in a transaction that occurred on Wednesday, September 7th. The shares were sold at an average price of $101.55, for a total transaction of $101,550.00. Following the transaction, the director now directly owns 37,779 shares of the company’s stock, valued at $3,836,457.45. The disclosure for this sale can be found here. 7.52% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Expedia Group

Hedge funds have recently modified their holdings of the company. Sierra Capital LLC boosted its position in Expedia Group by 817.2% during the second quarter. Sierra Capital LLC now owns 266 shares of the online travel company’s stock worth $25,000 after purchasing an additional 237 shares in the last quarter. Old North State Trust LLC purchased a new position in shares of Expedia Group during the 3rd quarter valued at approximately $25,000. Almanack Investment Partners LLC. acquired a new stake in Expedia Group in the 3rd quarter valued at $26,000. Ronald Blue Trust Inc. purchased a new stake in Expedia Group in the 2nd quarter worth $27,000. Finally, MCF Advisors LLC acquired a new position in Expedia Group during the first quarter worth $28,000. 97.43% of the stock is owned by hedge funds and other institutional investors.

About Expedia Group

(Get Rating)

Expedia Group, Inc operates as an online travel company in the United States and internationally. The company operates through Retail, B2B, and trivago segments. Its brand portfolio include Brand Expedia, a full-service online travel brand with localized websites; Hotels.com for marketing and distributing lodging accommodations; Vrbo, an online marketplace for the alternative accommodations; Orbitz, Travelocity, and CheapTickets travel websites; ebookers, an online EMEA travel agent for travelers an array of travel options; Hotwire, which offers travel booking services; CarRentals.com, an online car rental booking service; Classic Vacations, a luxury travel specialist; and Expedia Cruise, a provider of advice for travelers booking cruises.

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Analyst Recommendations for Expedia Group (NASDAQ:EXPE)

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