priceline.com Director Jeffrey Epstein Sells 2,000 Shares (PCLN)
priceline.com (NASDAQ:PCLN) Director Jeffrey Epstein sold 2,000 shares of priceline.com stock on the open market in a transaction dated Monday, September 16th. The stock was sold at an average price of $971.38, for a total transaction of $1,942,760.00. Following the transaction, the director now directly owns 9,181 shares in the company. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
PCLN has been the subject of a number of recent research reports. Analysts at TheStreet reiterated a “buy” rating on shares of priceline.com (NASDAQ:PCLN) in a research note to investors on Monday. Separately, analysts at Janney Montgomery Scott initiated coverage on shares of priceline.com (NASDAQ:PCLN) in a research note to investors on Wednesday, September 11th. They set a “neutral” rating and a $981.56 price target on the stock.
Three research analysts have rated the stock with a hold rating and twenty-seven have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $1,062.06.
priceline.com (NASDAQ:PCLN) traded up 2.56% during mid-day trading on Wednesday, hitting $995.09. 673,190 shares of the company’s stock traded hands. priceline.com has a 52 week low of $553.97 and a 52 week high of $994.98. The stock has a 50-day moving average of $943.5 and a 200-day moving average of $819.6. The company has a market cap of $51.247 billion and a P/E ratio of 31.90. priceline.com also was the target of unusually large options trading activity on Wednesday. Stock investors bought 23,902 put options on the company. This represents an increase of 102% compared to the average daily volume of 11,814 put options.
priceline.com (NASDAQ:PCLN) last posted its quarterly earnings results on Thursday, August 8th. The company reported $9.70 EPS for the quarter, beating the Thomson Reuters consensus estimate of $9.37 by $0.33. The company had revenue of $1.68 billion for the quarter, compared to the consensus estimate of $1.65 billion. During the same quarter in the previous year, the company posted $7.85 earnings per share. The company’s revenue for the quarter was up 26.7% on a year-over-year basis. On average, analysts predict that priceline.com will post $40.09 earnings per share for the current fiscal year.
Priceline Com Incorporated, is an online travel company that offers its customers hotel room reservations at over 295,000 hotels worldwide through the Booking.
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