Insider Selling: Expedia Director Unloads 1,421 Shares of Stock (EXPE)
Expedia (NASDAQ:EXPE) Director A George Battle sold 1,421 shares of Expedia stock in a transaction that occurred on Monday, December 30th. The shares were sold at an average price of $69.00, for a total value of $98,049.00. Following the completion of the transaction, the director now directly owns 31,503 shares of the company’s stock, valued at approximately $2,173,707. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Expedia (NASDAQ:EXPE) traded down 0.65% on Thursday, hitting $69.21. The stock had a trading volume of 1,399,901 shares. Expedia has a 1-year low of $45.69 and a 1-year high of $69.76. The stock’s 50-day moving average is $64.15 and its 200-day moving average is $56.34. The company has a market cap of $9.022 billion and a price-to-earnings ratio of 68.09.
Expedia (NASDAQ:EXPE) last issued its quarterly earnings data on Wednesday, October 30th. The company reported $1.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.36 by $0.07. The company had revenue of $1.40 billion for the quarter, compared to the consensus estimate of $1.38 billion. During the same quarter last year, the company posted $1.32 earnings per share. Expedia’s revenue was up 16.9% compared to the same quarter last year.
EXPE has been the subject of a number of recent research reports. Analysts at Cantor Fitzgerald raised their price target on shares of Expedia from $70.00 to $75.00 in a research note to investors on Monday. Separately, analysts at UBS AG raised their price target on shares of Expedia from $70.00 to $74.00 in a research note to investors on Monday, December 16th. They now have a “buy” rating on the stock. Finally, analysts at FBR Capital Markets raised their price target on shares of Expedia from $65.00 to $70.00 in a research note to investors on Wednesday, November 27th. They now have an “outperform” rating on the stock. Eighteen research analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. Expedia has a consensus rating of “Hold” and an average price target of $66.62.
Expedia, Inc (NASDAQ:EXPE) is an online travel company.
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