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

Expedia Group (NASDAQ:EXPE) had its price target lifted by The Goldman Sachs Group from $208.00 to $236.00 in a report published on Friday,Benzinga reports. The Goldman Sachs Group currently has a buy rating on the online travel company’s stock.

A number of other brokerages have also weighed in on EXPE. Robert W. Baird began coverage on Expedia Group in a research report on Wednesday, November 27th. They issued an “outperform” rating and a $225.00 target price for the company. Melius raised shares of Expedia Group from a “hold” rating to a “buy” rating and set a $220.00 price objective for the company in a report on Monday, January 6th. Benchmark increased their price objective on shares of Expedia Group from $180.00 to $200.00 and gave the company a “buy” rating in a research report on Friday, November 8th. Argus lifted their target price on shares of Expedia Group from $210.00 to $220.00 and gave the stock a “buy” rating in a research report on Friday. Finally, Bank of America raised Expedia Group from a “neutral” rating to a “buy” rating and increased their price target for the company from $187.00 to $221.00 in a report on Wednesday, December 18th. Twenty analysts have rated the stock with a hold rating, ten have given a buy rating and three have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $175.00.

Expedia Group Stock Performance

Shares of EXPE opened at $180.20 on Friday. Expedia Group has a 12 month low of $107.25 and a 12 month high of $192.34. The business’s fifty day simple moving average is $183.17 and its two-hundred day simple moving average is $153.63. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 2.03. The company has a market cap of $23.13 billion, a price-to-earnings ratio of 23.19, a P/E/G ratio of 1.03 and a beta of 1.83.

Insider Activity at Expedia Group

In other Expedia Group news, Director Dara Khosrowshahi sold 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $185.15, for a total transaction of $1,851,500.00. Following the completion of the transaction, the director now owns 168,505 shares in the company, valued at $31,198,700.75. This trade represents a 5.60 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CAO Lance A. Soliday sold 7,000 shares of the company’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 in the company, valued at $2,035,922.13. This trade represents a 38.49 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 28,951 shares of company stock valued at $5,045,310. Corporate insiders own 6.80% of the company’s stock.

Institutional Trading of Expedia Group

A number of large investors have recently made changes to their positions in EXPE. Caprock Group LLC lifted its holdings in shares of Expedia Group by 33.7% in the 3rd quarter. Caprock Group LLC now owns 10,191 shares of the online travel company’s stock valued at $1,508,000 after acquiring an additional 2,569 shares during the last quarter. Cozad Asset Management Inc. lifted its stake in shares of Expedia Group by 16.9% in the 3rd quarter. Cozad Asset Management Inc. now owns 30,823 shares of the online travel company’s stock valued at $4,562,000 after purchasing an additional 4,449 shares during the last quarter. Robeco Institutional Asset Management B.V. boosted its holdings in shares of Expedia Group by 13.1% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 649,716 shares of the online travel company’s stock worth $96,171,000 after purchasing an additional 75,120 shares during the period. Integrated Investment Consultants LLC bought a new position in shares of Expedia Group during the 3rd quarter valued at approximately $527,000. Finally, DoubleLine ETF Adviser LP purchased a new stake in Expedia Group during the 2nd quarter valued at $465,000. 90.76% of the stock is currently owned by institutional investors.

About Expedia Group

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.