BTIG Research Trims Expedia Group (NASDAQ:EXPE) Target Price to $150.00

Expedia Group (NASDAQ:EXPE - Free Report) had its price target decreased by BTIG Research from $175.00 to $150.00 in a research note released on Tuesday morning, Benzinga reports. BTIG Research currently has a buy rating on the online travel company's stock.

EXPE has been the topic of a number of other reports. HSBC reduced their price target on shares of Expedia Group from $166.00 to $132.00 and set a hold rating on the stock in a research report on Tuesday, May 7th. Piper Sandler downgraded shares of Expedia Group from an overweight rating to a neutral rating and cut their price objective for the company from $175.00 to $145.00 in a research report on Friday, May 3rd. Wedbush cut their price objective on shares of Expedia Group from $130.00 to $125.00 and set a neutral rating on the stock in a research report on Friday, May 3rd. Mizuho cut their price objective on shares of 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, JPMorgan Chase & Co. cut their price objective on shares of Expedia Group from $136.00 to $128.00 and set a neutral rating on the stock in a research report on Friday, May 3rd. Sixteen analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of Hold and a consensus price target of $148.12.

Expedia Group Stock Performance

Shares of Expedia Group stock traded down $2.61 during trading hours on Tuesday, reaching $111.71. The company's stock had a trading volume of 2,552,117 shares, compared to its average volume of 2,652,209. The company's 50 day simple moving average is $128.96 and its 200 day simple moving average is $136.87. The company has a debt-to-equity ratio of 2.93, a quick ratio of 0.79 and a current ratio of 0.79. Expedia Group has a one year low of $92.00 and a one year high of $160.05. The stock has a market cap of $15.22 billion, a P/E ratio of 21.01, a price-to-earnings-growth ratio of 0.43 and a beta of 1.83.

Insider Transactions at Expedia Group

In other news, CAO Lance A. Soliday sold 5,119 shares of Expedia Group stock in a transaction that occurred on Thursday, February 22nd. The shares were sold at an average price of $137.21, for a total value of $702,377.99. Following the transaction, the chief accounting officer now directly owns 10,880 shares of the company's stock, valued at $1,492,844.80. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other news, CAO Lance A. Soliday sold 5,119 shares of Expedia Group stock in a transaction that occurred on Thursday, February 22nd. The shares were sold at an average price of $137.21, for a total value of $702,377.99. Following the transaction, the chief accounting officer now directly owns 10,880 shares of the company's stock, valued at $1,492,844.80. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Craig A. Jacobson sold 6,722 shares of Expedia Group stock in a transaction that occurred on Wednesday, May 15th. The stock was 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 in the company, valued at $3,676,600.20. The disclosure for this sale can be found here. Corporate insiders own 8.07% of the company's stock.

Institutional Trading of Expedia Group

Several institutional investors have recently made changes to their positions in the stock. Harbor Capital Advisors Inc. boosted its holdings in shares of Expedia Group by 1.5% during the fourth quarter. Harbor Capital Advisors Inc. now owns 5,090 shares of the online travel company's stock worth $773,000 after purchasing an additional 75 shares during the period. Hohimer Wealth Management LLC boosted its holdings in shares of Expedia Group by 1.2% during the fourth quarter. Hohimer Wealth Management LLC now owns 6,711 shares of the online travel company's stock worth $1,019,000 after purchasing an additional 78 shares during the period. Parallel Advisors LLC boosted its holdings in shares of Expedia Group by 7.4% during the fourth quarter. Parallel Advisors LLC now owns 1,163 shares of the online travel company's stock worth $176,000 after purchasing an additional 80 shares during the period. Private Advisor Group LLC boosted its holdings in shares of Expedia Group by 0.4% during the first quarter. Private Advisor Group LLC now owns 24,351 shares of the online travel company's stock worth $3,354,000 after purchasing an additional 87 shares during the period. Finally, First Trust Direct Indexing L.P. boosted its holdings in shares of Expedia Group by 5.8% during the first quarter. First Trust Direct Indexing L.P. now owns 1,601 shares of the online travel company's stock worth $221,000 after purchasing an additional 88 shares during the period. 90.76% of the stock is currently 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.