Expedia Group (NASDAQ:EXPE) Rating Reiterated by BMO Capital Markets

Expedia Group (NASDAQ:EXPE - Get Free Report)'s stock had its "market perform" rating reaffirmed by equities research analysts at BMO Capital Markets in a research note issued to investors on Wednesday, Benzinga reports. They presently have a $145.00 price objective on the online travel company's stock. BMO Capital Markets' target price points to a potential upside of 28.95% from the stock's current price.

Other equities analysts have also issued research reports about the company. Barclays lowered their target price on Expedia Group from $158.00 to $138.00 and set an "equal weight" rating on the stock in a research note on Monday, May 6th. Evercore ISI dropped their target price on Expedia Group from $190.00 to $175.00 and set an "outperform" rating for the company in a report on Friday, May 3rd. Royal Bank of Canada decreased their price target on shares of Expedia Group from $155.00 to $140.00 and set a "sector perform" rating on the stock in a research note on Friday, May 3rd. Wedbush dropped their price objective on shares of Expedia Group from $130.00 to $125.00 and set a "neutral" rating for the company in a research note on Friday, May 3rd. Finally, Susquehanna restated a "neutral" rating and set a $125.00 target price on shares of Expedia Group in a research report on Wednesday. Sixteen analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to data from MarketBeat, Expedia Group has an average rating of "Hold" and an average target price of $149.12.

Expedia Group Stock Performance

Shares of EXPE traded down $1.03 during mid-day trading on Wednesday, reaching $112.45. The company's stock had a trading volume of 2,238,483 shares, compared to its average volume of 2,648,993. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 2.93. The business has a 50-day simple moving average of $130.65 and a two-hundred day simple moving average of $136.34. Expedia Group has a 1-year low of $91.92 and a 1-year high of $160.05. The stock has a market cap of $15.33 billion, a P/E ratio of 21.05, a PEG ratio of 0.42 and a beta of 1.83.

Insider Buying and Selling

In other news, CAO Lance A. Soliday sold 5,119 shares of the company's stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $137.21, for a total transaction of $702,377.99. Following the transaction, the chief accounting officer now owns 10,880 shares in the company, valued at $1,492,844.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 8.07% of the stock is owned by insiders.

Hedge Funds Weigh In On Expedia Group

A number of institutional investors have recently modified their holdings of the company. University of Texas Texas AM Investment Managment Co. acquired a new position in Expedia Group during the 4th quarter valued at about $26,000. ORG Partners LLC increased its position in shares of Expedia Group by 4,525.0% during the first quarter. ORG Partners LLC now owns 185 shares of the online travel company's stock valued at $25,000 after acquiring an additional 181 shares during the last quarter. City State Bank boosted its position in Expedia Group by 157.3% in the fourth quarter. City State Bank now owns 193 shares of the online travel company's stock worth $29,000 after purchasing an additional 118 shares during the last quarter. CVA Family Office LLC bought a new position in Expedia Group in the 4th quarter valued at $32,000. Finally, Crewe Advisors LLC purchased a new stake in shares of Expedia Group during the 1st quarter valued at $40,000. 90.76% of the stock is owned by institutional investors and hedge funds.

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.