Expedia Group (NASDAQ:EXPE) Earns Outperform Rating from Analysts at Robert W. Baird

Robert W. Baird initiated coverage on shares of Expedia Group (NASDAQ:EXPE) in a report issued on Wednesday, Marketbeat.com reports. The brokerage issued an outperform rating and a $225.00 price objective on the online travel company’s stock.

EXPE has been the subject of several other research reports. Benchmark boosted their price objective on Expedia Group from $180.00 to $200.00 and gave the company a “buy” rating in a research report on Friday, November 8th. UBS Group upped their price target on shares of Expedia Group from $137.00 to $156.00 and gave the company a “neutral” rating in a report on Wednesday, October 23rd. Barclays raised their price target on shares of Expedia Group from $134.00 to $153.00 and gave the stock an “equal weight” rating in a report on Friday, November 8th. Wedbush upped their price objective on shares of Expedia Group from $130.00 to $180.00 and gave the company a “neutral” rating in a research note on Friday, November 8th. Finally, DA Davidson raised their target price on Expedia Group from $135.00 to $190.00 and gave the stock a “neutral” rating in a research note on Monday, November 18th. Twenty equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $167.67.

Expedia Group Stock Down 0.2 %

EXPE opened at $184.62 on Wednesday. Expedia Group has a 12 month low of $107.25 and a 12 month high of $190.40. 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 business’s 50-day moving average price is $163.80 and its 200-day moving average price is $139.46. The company has a market cap of $23.70 billion, a P/E ratio of 23.76, a P/E/G ratio of 0.73 and a beta of 1.78.

Insider Activity at Expedia Group

In related news, insider Robert J. Dzielak sold 1,951 shares of Expedia Group stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $180.00, for a total value of $351,180.00. Following the completion of the sale, the insider now directly owns 85,250 shares in the company, valued at approximately $15,345,000. This trade represents a 2.24 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Dara Khosrowshahi sold 10,000 shares of the company’s stock in a transaction dated Friday, October 4th. The shares were sold at an average price of $150.18, for a total transaction of $1,501,800.00. Following the transaction, the director now owns 198,505 shares in the company, valued at $29,811,480.90. This represents a 4.80 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 38,951 shares of company stock valued at $6,197,710 over the last 90 days. Corporate insiders own 6.80% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Hantz Financial Services Inc. grew its position in Expedia Group by 2.1% in the 3rd quarter. Hantz Financial Services Inc. now owns 2,980 shares of the online travel company’s stock worth $441,000 after purchasing an additional 62 shares during the period. Empirical Finance LLC grew its stake in shares of Expedia Group by 1.3% during the 3rd quarter. Empirical Finance LLC now owns 4,754 shares of the online travel company’s stock valued at $704,000 after purchasing an additional 63 shares during the period. Venture Visionary Partners LLC increased its position in shares of Expedia Group by 0.6% during the 3rd quarter. Venture Visionary Partners LLC now owns 11,367 shares of the online travel company’s stock valued at $1,683,000 after purchasing an additional 64 shares during the last quarter. GHE LLC lifted its stake in shares of Expedia Group by 1.0% in the 3rd quarter. GHE LLC now owns 6,689 shares of the online travel company’s stock worth $980,000 after purchasing an additional 69 shares during the period. Finally, AdvisorShares Investments LLC boosted its holdings in shares of Expedia Group by 7.1% in the second quarter. AdvisorShares Investments LLC now owns 1,517 shares of the online travel company’s stock worth $186,000 after buying an additional 100 shares during the last quarter. 90.76% of the stock is owned by hedge funds and other institutional investors.

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.