Priceline Group Inc (PCLN) CEO Gillian Tans Sells 122 Shares

Priceline Group Inc (NASDAQ:PCLN) CEO Gillian Tans sold 122 shares of the stock in a transaction that occurred on Tuesday, January 16th. The shares were sold at an average price of $1,930.71, for a total transaction of $235,546.62. Following the completion of the sale, the chief executive officer now owns 5,188 shares in the company, valued at $10,016,523.48. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

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

  • On Friday, December 15th, Gillian Tans sold 122 shares of Priceline Group stock. The shares were sold at an average price of $1,772.94, for a total transaction of $216,298.68.
  • On Wednesday, November 15th, Gillian Tans sold 123 shares of Priceline Group stock. The shares were sold at an average price of $1,715.78, for a total transaction of $211,040.94.

Priceline Group Inc (NASDAQ PCLN) traded down $23.19 during trading hours on Thursday, reaching $1,926.71. 398,619 shares of the company’s stock were exchanged, compared to its average volume of 467,708. The company has a debt-to-equity ratio of 0.68, a quick ratio of 2.52 and a current ratio of 2.52. The stock has a market capitalization of $94,520.00, a P/E ratio of 27.00, a P/E/G ratio of 1.43 and a beta of 1.39. Priceline Group Inc has a 12 month low of $1,528.01 and a 12 month high of $2,067.99.

Priceline Group (NASDAQ:PCLN) last posted its quarterly earnings results on Monday, November 6th. The business services provider reported $35.22 earnings per share for the quarter, topping the Zacks’ consensus estimate of $34.31 by $0.91. The company had revenue of $4.43 billion for the quarter, compared to the consensus estimate of $4.34 billion. Priceline Group had a net margin of 29.20% and a return on equity of 33.02%. Priceline Group’s revenue was up 20.1% on a year-over-year basis. During the same quarter last year, the firm posted $29.69 earnings per share. research analysts anticipate that Priceline Group Inc will post 74.42 earnings per share for the current year.

A number of large investors have recently bought and sold shares of the business. Harding Loevner LP raised its stake in shares of Priceline Group by 2,593.1% in the 3rd quarter. Harding Loevner LP now owns 5,254,041 shares of the business services provider’s stock valued at $347,846,000 after acquiring an additional 5,058,945 shares during the period. Vanguard Group Inc. raised its stake in shares of Priceline Group by 2.5% in the 2nd quarter. Vanguard Group Inc. now owns 3,284,464 shares of the business services provider’s stock valued at $6,143,655,000 after acquiring an additional 79,784 shares during the period. Capital World Investors raised its stake in shares of Priceline Group by 2.1% in the 2nd quarter. Capital World Investors now owns 1,723,152 shares of the business services provider’s stock valued at $3,223,190,000 after acquiring an additional 34,959 shares during the period. Capital Research Global Investors raised its stake in shares of Priceline Group by 7.1% in the 2nd quarter. Capital Research Global Investors now owns 1,622,668 shares of the business services provider’s stock valued at $3,035,233,000 after acquiring an additional 108,187 shares during the period. Finally, Janus Henderson Group PLC raised its stake in shares of Priceline Group by 654.1% in the 2nd quarter. Janus Henderson Group PLC now owns 642,567 shares of the business services provider’s stock valued at $1,201,971,000 after acquiring an additional 557,358 shares during the period. 94.45% of the stock is currently owned by institutional investors.

Several analysts have recently commented on the stock. SunTrust Banks increased their price target on shares of Priceline Group to $2,200.00 and gave the company a “buy” rating in a research report on Friday, January 12th. Zacks Investment Research lowered shares of Priceline Group from a “buy” rating to a “hold” rating in a research report on Wednesday, January 10th. Oppenheimer increased their price target on shares of Priceline Group from $1,950.00 to $2,100.00 and gave the company an “outperform” rating in a research report on Tuesday, January 9th. Vetr lowered shares of Priceline Group from a “buy” rating to a “hold” rating and set a $1,915.34 price target on the stock. in a research report on Monday, January 8th. Finally, BidaskClub upgraded shares of Priceline Group from a “buy” rating to a “strong-buy” rating in a research report on Thursday, December 21st. Eleven equities research analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and one has assigned a strong buy rating to the stock. The company has an average rating of “Buy” and an average target price of $2,010.80.

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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 Priceline Group (NASDAQ:PCLN)

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