Insider Selling: HomeAway CFO Sells 6,420 Shares of Stock (AWAY)
HomeAway (NASDAQ:AWAY) CFO Rebecca Lynn Atchison sold 6,420 shares of HomeAway stock in a transaction that occurred on Tuesday, June 3rd. The stock was sold at an average price of $30.66, for a total transaction of $196,837.20. Following the transaction, the chief financial officer now directly owns 106,414 shares in the company, valued at approximately $3,262,653. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Several analysts have recently commented on the stock. Analysts at JPMorgan Chase & Co. downgraded shares of HomeAway from an “overweight” rating to a “neutral” rating in a research note on Thursday, May 29th. They now have a $38.00 price target on the stock, down previously from $49.00. Separately, analysts at FBR Capital Markets upgraded shares of HomeAway from a “market perform” rating to an “outperform” rating in a research note on Friday, May 16th. They now have a $45.00 price target on the stock, up previously from $34.00. Finally, analysts at FBR Capital Markets upgraded shares of HomeAway from a “market perform” rating to an “outperform” rating in a research note on Thursday, May 8th. They now have a $45.00 price target on the stock, up previously from $34.00. Nine analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $43.74.
HomeAway (NASDAQ:AWAY) traded down 1.11% on Tuesday, hitting $30.41. The stock had a trading volume of 1,231,424 shares. HomeAway has a 52 week low of $27.27 and a 52 week high of $48.90. The stock’s 50-day moving average is $32.73 and its 200-day moving average is $38.49. The company has a market cap of $2.844 billion and a price-to-earnings ratio of 161.84.
HomeAway (NASDAQ:AWAY) last issued its quarterly earnings data on Thursday, April 24th. The company reported $0.05 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.14 by $0.09. The company had revenue of $105.70 million for the quarter, compared to the consensus estimate of $102.56 million. During the same quarter in the prior year, the company posted $0.14 earnings per share. The company’s quarterly revenue was up 33.0% on a year-over-year basis. On average, analysts predict that HomeAway will post $0.61 earnings per share for the current fiscal year.
HomeAway, Inc (NASDAQ:AWAY) is an online marketplace for the vacation rental industry.
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