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

Oppenheimer restated their outperform rating on shares of Expedia Group (NASDAQ:EXPE - Free Report) in a report released on Monday morning, Benzinga reports. Oppenheimer currently has a $175.00 target price on the online travel company's stock.

EXPE has been the subject of a number of other reports. Royal Bank of Canada restated a sector perform rating and issued a $155.00 price objective on shares of Expedia Group in a research report on Friday, February 9th. Wedbush reaffirmed a neutral rating and issued a $130.00 price target on shares of Expedia Group in a research note on Thursday, April 18th. Mizuho lifted their price target on Expedia Group from $130.00 to $140.00 and gave the stock a neutral rating in a research note on Tuesday, February 6th. Wells Fargo & Company lowered their price target on Expedia Group from $159.00 to $155.00 and set an equal weight rating on the stock in a research note on Friday, February 9th. Finally, StockNews.com raised Expedia Group from a hold rating to a buy rating in a research note on Wednesday, February 14th. Thirteen research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of Moderate Buy and a consensus target price of $149.12.

Expedia Group Stock Performance

Shares of NASDAQ:EXPE traded up $0.96 during trading on Monday, hitting $136.66. The stock had a trading volume of 2,285,440 shares, compared to its average volume of 2,406,798. Expedia Group has a 12-month low of $87.94 and a 12-month high of $160.05. The stock has a market capitalization of $18.63 billion, a price-to-earnings ratio of 25.20, a price-to-earnings-growth ratio of 0.42 and a beta of 1.86. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 2.24. The stock has a 50-day simple moving average of $134.32 and a two-hundred day simple moving average of $134.37.

Expedia Group (NASDAQ:EXPE - Get Free Report) last announced its quarterly earnings data on Thursday, February 8th. The online travel company reported $1.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.08 by $0.10. Expedia Group had a return on equity of 35.79% and a net margin of 6.21%. The firm had revenue of $2.89 billion during the quarter, compared to analysts' expectations of $2.88 billion. On average, equities research analysts expect that Expedia Group will post 9.71 earnings per share for the current fiscal year.

Insider Transactions at Expedia Group

In other news, CAO Lance A. Soliday sold 5,119 shares of the stock in a transaction on Thursday, February 22nd. The stock was sold at an average price of $137.21, for a total transaction of $702,377.99. Following the completion of the transaction, the chief accounting officer now directly owns 10,880 shares in the company, valued at approximately $1,492,844.80. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other Expedia Group news, Director Dara Khosrowshahi sold 10,000 shares of the stock in a transaction dated Thursday, February 1st. The stock was sold at an average price of $150.04, for a total value of $1,500,400.00. Following the sale, the director now owns 216,521 shares of the company's stock, valued at approximately $32,486,810.84. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Lance A. Soliday sold 5,119 shares of the stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $137.21, for a total value of $702,377.99. Following the completion of the sale, the chief accounting officer now directly owns 10,880 shares in the company, valued at approximately $1,492,844.80. The disclosure for this sale can be found here. Company insiders own 8.07% of the company's stock.

Institutional Investors Weigh In On Expedia Group

A number of hedge funds have recently bought and sold shares of EXPE. International Assets Investment Management LLC increased its holdings in shares of Expedia Group by 115.8% in the 4th quarter. International Assets Investment Management LLC now owns 39,314 shares of the online travel company's stock valued at $5,967,000 after acquiring an additional 21,095 shares during the last quarter. Raymond James & Associates increased its holdings in shares of Expedia Group by 6.4% in the 4th quarter. Raymond James & Associates now owns 263,351 shares of the online travel company's stock valued at $39,974,000 after acquiring an additional 15,759 shares during the last quarter. AustralianSuper Pty Ltd increased its holdings in shares of Expedia Group by 14.0% in the 4th quarter. AustralianSuper Pty Ltd now owns 355,871 shares of the online travel company's stock valued at $54,018,000 after acquiring an additional 43,820 shares during the last quarter. AQR Capital Management LLC increased its holdings in shares of Expedia Group by 7.9% in the 3rd quarter. AQR Capital Management LLC now owns 769,665 shares of the online travel company's stock valued at $79,329,000 after acquiring an additional 56,186 shares during the last quarter. Finally, Public Employees Retirement System of Ohio increased its holdings in shares of Expedia Group by 20.7% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 80,577 shares of the online travel company's stock valued at $8,305,000 after acquiring an additional 13,797 shares during the last quarter. Institutional investors and hedge funds own 90.76% of the company's stock.

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.