Expedia, Inc. (NASDAQ:EXPE)‘s stock had its “buy” rating restated by investment analysts at Deutsche Bank AG in a note issued to investors on Wednesday. They presently have a $175.00 target price on the online travel company’s stock, up from their previous target price of $158.00. Deutsche Bank AG’s price target would indicate a potential upside of 13.22% from the stock’s current price.

Other analysts also recently issued reports about the company. Piper Jaffray Companies restated a “buy” rating and set a $144.00 target price on shares of Expedia in a research note on Wednesday, March 29th. Jefferies Group LLC restated a “hold” rating and set a $135.00 target price on shares of Expedia in a research note on Wednesday, March 29th. Barclays PLC restated an “overweight” rating and set a $140.00 target price on shares of Expedia in a research note on Monday, April 3rd. Credit Suisse Group restated a “buy” rating and set a $147.00 target price on shares of Expedia in a research note on Wednesday, April 5th. Finally, Vetr downgraded Expedia from a “buy” rating to a “hold” rating and set a $138.67 target price for the company. in a research note on Monday, April 24th. Seven investment analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and one has given a strong buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of $153.31.

Shares of Expedia (NASDAQ EXPE) traded up 1.03% during midday trading on Wednesday, hitting $156.16. The stock had a trading volume of 891,153 shares. The stock has a 50-day moving average price of $149.79 and a 200-day moving average price of $133.95. Expedia has a 12-month low of $105.62 and a 12-month high of $158.00. The stock has a market cap of $23.57 billion, a P/E ratio of 79.27 and a beta of 0.93.

Expedia (NASDAQ:EXPE) last issued its earnings results on Thursday, April 27th. The online travel company reported ($0.15) earnings per share for the quarter, topping the consensus estimate of ($0.30) by $0.15. The business had revenue of $2.19 billion for the quarter, compared to analyst estimates of $2.14 billion. Expedia had a return on equity of 11.01% and a net margin of 3.36%. The business’s quarterly revenue was up 15.0% on a year-over-year basis. During the same period last year, the company posted $0.09 EPS. Equities analysts forecast that Expedia will post $5.30 earnings per share for the current year.

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In other Expedia news, insider Lance A. Soliday sold 2,544 shares of Expedia stock in a transaction that occurred on Friday, May 19th. The shares were sold at an average price of $142.30, for a total value of $362,011.20. Following the transaction, the insider now owns 4,815 shares in the company, valued at $685,174.50. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Susan C. Athey sold 670 shares of Expedia stock in a transaction that occurred on Tuesday, May 2nd. The stock was sold at an average price of $138.59, for a total transaction of $92,855.30. The disclosure for this sale can be found here. In the last 90 days, insiders sold 38,043 shares of company stock worth $5,330,777. 20.88% of the stock is currently owned by company insiders.

Institutional investors have recently bought and sold shares of the company. BlackRock Inc. boosted its position in Expedia by 3,458.6% in the first quarter. BlackRock Inc. now owns 7,832,689 shares of the online travel company’s stock valued at $988,252,000 after buying an additional 7,612,585 shares during the last quarter. Wellington Management Group LLP boosted its position in Expedia by 211.9% in the first quarter. Wellington Management Group LLP now owns 3,706,987 shares of the online travel company’s stock valued at $399,687,000 after buying an additional 2,518,390 shares during the last quarter. Neuberger Berman Group LLC boosted its position in Expedia by 1,118.9% in the first quarter. Neuberger Berman Group LLC now owns 1,805,829 shares of the online travel company’s stock valued at $227,841,000 after buying an additional 1,657,678 shares during the last quarter. Vanguard Group Inc. boosted its position in Expedia by 18.6% in the fourth quarter. Vanguard Group Inc. now owns 10,347,846 shares of the online travel company’s stock valued at $1,286,237,000 after buying an additional 1,621,123 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its position in Expedia by 186.7% in the second quarter. Ameriprise Financial Inc. now owns 2,166,442 shares of the online travel company’s stock valued at $230,298,000 after buying an additional 1,410,890 shares during the last quarter. Hedge funds and other institutional investors own 80.96% of the company’s stock.

About Expedia

Expedia, Inc is an online travel company. The Company operates through four segments: Core Online Travel Agencies (Core OTA), trivago, Egencia and HomeAway. The Company’s Core OTA segment provides a range of travel and advertising services to its customers across the world, through a range of brands, including Expedia.com and Hotels.com in the United States, and localized Expedia and Hotels.com Websites throughout the world, Orbitz.com, Expedia Affiliate Network, Hotwire.com, Travelocity, Wotif Group, CarRentals.com and Classic Vacations.

Analyst Recommendations for Expedia (NASDAQ:EXPE)

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