Insider Selling: HomeAway CTO Sells 7,175 Shares of Stock (AWAY)
HomeAway (NASDAQ:AWAY) CTO Ross Buhrdorf sold 7,175 shares of the company’s stock in a transaction that occurred on Friday, November 1st. The shares were sold at an average price of $29.21, for a total value of $209,581.75. Following the sale, the chief technology officer now directly owns 31,393 shares in the company, valued at approximately $916,990. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
AWAY has been the subject of a number of recent research reports. Analysts at Cowen and Company initiated coverage on shares of HomeAway in a research note to investors on Monday, October 28th. They set a “market perform” rating and a $31.00 price target on the stock. Separately, analysts at FBR & Co. initiated coverage on shares of HomeAway in a research note to investors on Wednesday, October 23rd. They set a “market perform” rating on the stock. Finally, analysts at FBR Capital Markets initiated coverage on shares of HomeAway in a research note to investors on Wednesday, October 23rd. They set a “market perform” rating and a $29.00 price target on the stock. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and nine have assigned a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $33.17.
Shares of HomeAway (NASDAQ:AWAY) traded up 0.65% on Monday, hitting $29.53. 649,803 shares of the company’s stock traded hands. HomeAway has a 52-week low of $19.58 and a 52-week high of $34.30. The stock’s 50-day moving average is $29.64 and its 200-day moving average is $30.48. The company has a market cap of $2.518 billion and a price-to-earnings ratio of 122.25.
HomeAway, Inc (NASDAQ:AWAY) is an online marketplace for the vacation rental industry.
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