priceline.com Target of Unusually High Options Trading (PCLN)
priceline.com (NASDAQ:PCLN) was the recipient of unusually large options trading on Wednesday. Stock traders purchased 23,902 put options on the stock, AR Network reports. This represents an increase of approximately 102% compared to the typical volume of 11,814 put options.
In other priceline.com news, Director Jeffrey E. Epstein sold 2,000 shares of priceline.com stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $971.38, for a total value of $1,942,760.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
A number of research firms have recently commented on PCLN. 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 analysts have rated the stock with a hold rating and twenty-seven have given 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% on Wednesday, hitting $995.09. 673,190 shares of the company’s stock traded hands. priceline.com has a one year low of $553.97 and a one year high of $994.98. The stock’s 50-day moving average is $943.5 and its 200-day moving average is $819.6. The company has a market cap of $51.247 billion and a P/E ratio of 31.90.
priceline.com (NASDAQ:PCLN) last issued its quarterly earnings data on Thursday, August 8th. The company reported $9.70 earnings per share (EPS) for the quarter, beating the 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 prior year, the company posted $7.85 earnings per share. The company’s quarterly revenue 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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