Share on StockTwits

Priceline Group (NASDAQ:PCLN) Director Craig W. Rydin unloaded 1,519 shares of the company’s stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $1,282.60, for a total transaction of $1,948,269.40. Following the completion of the sale, the director now directly owns 1,050 shares of the company’s stock, valued at approximately $1,346,730. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Priceline Group (NASDAQ:PCLN) traded up 0.48% during mid-day trading on Monday, hitting $1276.1801. 601,638 shares of the company’s stock traded hands. Priceline Group has a 1-year low of $930.82 and a 1-year high of $1378.96. The stock’s 50-day moving average is $1246. and its 200-day moving average is $1230.. The company has a market cap of $66.932 billion and a price-to-earnings ratio of 31.81.

Priceline Group (NASDAQ:PCLN) last issued its quarterly earnings data on Monday, August 11th. The company reported $12.51 earnings per share for the quarter, beating the analysts’ consensus estimate of $12.02 by $0.49. The company had revenue of $2.12 billion for the quarter, compared to the consensus estimate of $2.15 billion. During the same quarter last year, the company posted $9.70 earnings per share. Priceline Group’s revenue was up 26.4% compared to the same quarter last year. On average, analysts predict that Priceline Group will post $52.40 earnings per share for the current fiscal year.

PCLN has been the subject of a number of recent research reports. Analysts at Stifel Nicolaus initiated coverage on shares of Priceline Group in a research note on Wednesday, August 13th. They set a “buy” rating and a $1,600.00 price target on the stock. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Priceline Group in a research note on Tuesday, August 12th. They now have a $1,375.00 price target on the stock. Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of Priceline Group in a research note on Tuesday, August 12th. Four analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and two have given a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of $1,435.59.

Priceline Group Inc, formerly Priceline Com Incorporated, is an online travel company that offers its customers hotel room reservations at over 295,000 hotels worldwide through the Booking.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.