The Priceline Group Inc. (NASDAQ:PCLN) CEO Gillian Tans sold 122 shares of the stock in a transaction that occurred on Friday, July 14th. The stock was sold at an average price of $1,949.47, for a total value of $237,835.34. Following the completion of the sale, the chief executive officer now owns 5,922 shares in the company, valued at $11,544,761.34. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Gillian Tans also recently made the following trade(s):

  • On Thursday, June 15th, Gillian Tans sold 122 shares of The Priceline Group stock. The stock was sold at an average price of $1,814.00, for a total value of $221,308.00.

The Priceline Group Inc. (NASDAQ:PCLN) traded up 1.58% during mid-day trading on Tuesday, hitting $1976.24. The stock had a trading volume of 504,834 shares. The firm has a 50-day moving average of $1,849.75 and a 200-day moving average of $1,716.23. The Priceline Group Inc. has a 52-week low of $1,305.09 and a 52-week high of $1,989.04. The stock has a market cap of $97.12 billion, a P/E ratio of 44.61 and a beta of 1.41.

The Priceline Group (NASDAQ:PCLN) last posted its earnings results on Tuesday, May 9th. The business services provider reported $9.88 EPS for the quarter, beating the consensus estimate of $8.83 by $1.05. The firm had revenue of $2.42 billion for the quarter, compared to analyst estimates of $2.45 billion. The Priceline Group had a return on equity of 33.94% and a net margin of 20.12%. The Priceline Group’s revenue for the quarter was up 12.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $10.54 earnings per share. On average, analysts forecast that The Priceline Group Inc. will post $73.84 EPS for the current fiscal year.

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Several brokerages have recently weighed in on PCLN. Morgan Stanley increased their price target on The Priceline Group from $1,950.00 to $2,100.00 and gave the stock an “overweight” rating in a report on Tuesday. Zacks Investment Research downgraded The Priceline Group from a “hold” rating to a “sell” rating in a report on Tuesday, July 11th. Goldman Sachs Group, Inc. (The) increased their price target on The Priceline Group from $1,750.00 to $1,850.00 and gave the stock a “neutral” rating in a report on Wednesday, May 10th. Royal Bank Of Canada reiterated an “outperform” rating on shares of The Priceline Group in a report on Wednesday, May 10th. Finally, Macquarie increased their price target on The Priceline Group from $1,970.00 to $2,000.00 and gave the stock an “outperform” rating in a report on Wednesday, May 10th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating, twenty-six have given a buy rating and one has given a strong buy rating to the stock. The Priceline Group has a consensus rating of “Buy” and a consensus price target of $1,944.62.

A number of institutional investors have recently bought and sold shares of the stock. Dodge & Cox acquired a new position in The Priceline Group during the fourth quarter valued at approximately $1,173,150,000. Renaissance Technologies LLC acquired a new position in The Priceline Group during the first quarter valued at approximately $358,128,000. C WorldWide Group Holding A S acquired a new position in The Priceline Group during the first quarter valued at approximately $189,324,000. Vanguard Group Inc. raised its position in The Priceline Group by 3.0% in the first quarter. Vanguard Group Inc. now owns 3,204,680 shares of the business services provider’s stock valued at $5,704,234,000 after buying an additional 93,992 shares during the period. Finally, Schroder Investment Management Group raised its position in The Priceline Group by 689.5% in the first quarter. Schroder Investment Management Group now owns 85,556 shares of the business services provider’s stock valued at $153,077,000 after buying an additional 74,719 shares during the period. 95.20% of the stock is currently owned by hedge funds and other institutional investors.

About The Priceline Group

The Priceline Group Inc is a provider of travel and restaurant online reservation and related services. The Company, through its online travel companies (OTCs), connects consumers wishing to make travel reservations with providers of travel services across the world. It offers consumers an array of accommodation reservations (including hotels, bed and breakfasts, hostels, apartments, vacation rentals and other properties) through its Booking.com, priceline.com and agoda.com brands.

Insider Buying and Selling by Quarter for The Priceline Group (NASDAQ:PCLN)

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