HomeAway CEO Brian Sharples Sells 36,642 Shares (AWAY)
HomeAway (NASDAQ:AWAY) CEO Brian Sharples sold 36,642 shares of HomeAway stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $40.16, for a total transaction of $1,471,542.72. Following the sale, the chief executive officer now directly owns 65,681 shares in the company, valued at approximately $2,637,749. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
A number of analysts have recently weighed in on AWAY shares. Analysts at Goldman Sachs Group Inc. initiated coverage on shares of HomeAway in a research note to investors on Wednesday, December 18th. They set a “neutral” rating and a $38.00 price target on the stock. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of HomeAway in a research note to investors on Friday, December 13th. They now have a $42.00 price target on the stock, down previously from $43.00. Finally, analysts at FBR Capital Markets raised their price target on shares of HomeAway from $30.00 to $34.00 in a research note to investors on Thursday, December 5th. They now have a “market perform” rating on the stock. Ten analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $35.77.
Shares of HomeAway (NASDAQ:AWAY) traded up 0.77% during mid-day trading on Friday, hitting $40.45. The stock had a trading volume of 607,419 shares. HomeAway has a 1-year low of $21.35 and a 1-year high of $41.78. The stock has a 50-day moving average of $38.38 and a 200-day moving average of $32.48. The company has a market cap of $3.472 billion and a P/E ratio of 143.36.
HomeAway (NASDAQ:AWAY) last released its earnings data on Wednesday, November 6th. The company reported $0.19 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.16 by $0.03. The company had revenue of $90.15 million for the quarter, compared to the consensus estimate of $89.20 million. During the same quarter in the prior year, the company posted $0.14 earnings per share. The company’s quarterly revenue was up 23.3% on a year-over-year basis. Analysts expect that HomeAway will post $0.63 EPS for the current fiscal year.
HomeAway, Inc (NASDAQ:AWAY) is an online marketplace for the vacation rental industry.
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