The Priceline Group Inc. (NASDAQ:PCLN) CEO Gillian Tans sold 122 shares of the business’s stock in a transaction on Friday, September 15th. The stock was sold at an average price of $1,845.97, for a total transaction of $225,208.34. Following the sale, the chief executive officer now owns 5,677 shares in the company, valued at $10,479,571.69. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

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

  • On Tuesday, August 15th, Gillian Tans sold 123 shares of The Priceline Group stock. The stock was sold at an average price of $1,880.38, for a total value of $231,286.74.
  • On Friday, July 14th, Gillian Tans sold 122 shares of The Priceline Group stock. The stock was sold at an average price of $1,949.47, for a total value of $237,835.34.

Shares of The Priceline Group Inc. (NASDAQ:PCLN) traded up 0.30% on Tuesday, reaching $1859.78. The company had a trading volume of 301,611 shares. The firm has a market cap of $91.24 billion, a P/E ratio of 39.50 and a beta of 1.47. The company has a 50-day moving average price of $1,877.89 and a 200-day moving average price of $1,850.52. The Priceline Group Inc. has a one year low of $1,422.19 and a one year high of $2,067.99.

The Priceline Group (NASDAQ:PCLN) last released its earnings results on Tuesday, August 8th. The business services provider reported $15.14 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $14.25 by $0.89. The company had revenue of $3.02 billion during the quarter, compared to analysts’ expectations of $2.99 billion. The Priceline Group had a return on equity of 33.10% and a net margin of 20.51%. The business’s revenue for the quarter was up 18.3% on a year-over-year basis. During the same period last year, the firm earned $13.93 EPS. On average, analysts expect that The Priceline Group Inc. will post $74.70 earnings per share for the current fiscal year.

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Several hedge funds and other institutional investors have recently added to or reduced their stakes in PCLN. Well Done LLC grew its stake in shares of The Priceline Group by 1.2% during the second quarter. Well Done LLC now owns 175 shares of the business services provider’s stock worth $327,000 after purchasing an additional 2 shares during the period. Pinnacle Associates Ltd. grew its stake in shares of The Priceline Group by 0.5% during the second quarter. Pinnacle Associates Ltd. now owns 617 shares of the business services provider’s stock worth $1,154,000 after purchasing an additional 3 shares during the period. LS Investment Advisors LLC grew its stake in shares of The Priceline Group by 0.4% during the second quarter. LS Investment Advisors LLC now owns 906 shares of the business services provider’s stock worth $1,695,000 after purchasing an additional 4 shares during the period. First National Bank of Hutchinson grew its stake in shares of The Priceline Group by 1.0% during the second quarter. First National Bank of Hutchinson now owns 425 shares of the business services provider’s stock worth $857,000 after purchasing an additional 4 shares during the period. Finally, Hedeker Wealth LLC grew its stake in shares of The Priceline Group by 1.0% during the first quarter. Hedeker Wealth LLC now owns 511 shares of the business services provider’s stock worth $909,000 after purchasing an additional 5 shares during the period. 94.44% of the stock is owned by institutional investors.

Several research analysts have recently issued reports on the company. Credit Suisse Group reaffirmed an “outperform” rating and set a $2,070.00 price target (down previously from $2,150.00) on shares of The Priceline Group in a research note on Wednesday, August 9th. Needham & Company LLC restated a “buy” rating on shares of The Priceline Group in a report on Wednesday, June 21st. UBS AG restated an “overweight” rating on shares of The Priceline Group in a report on Thursday, August 24th. Stifel Nicolaus restated a “buy” rating and issued a $2,100.00 price target on shares of The Priceline Group in a report on Thursday, August 10th. Finally, Royal Bank of Canada lifted their price target on The Priceline Group from $2,000.00 to $2,050.00 and gave the company an “outperform” rating in a report on Wednesday, August 9th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, twenty-seven have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $1,924.32.

The Priceline Group Company Profile

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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