Expedia Group Inc’s filing revealed that its Chief Accounting Officer Soliday Lance A unloaded Company’s shares for reported $0.38 million on Feb 29 ’24. In the deal valued at $136.50 per share,2,778 shares were sold. As a result of this transaction, Soliday Lance A now holds 11,005 shares worth roughly $1.42 million.
Then, Soliday Lance A sold 5,119 shares, generating $702,361 in total proceeds. Upon selling the shares at $137.21, the Chief Accounting Officer now owns 10,880 shares.
Before that, KHOSROWSHAHI DARA sold 10,000 shares. Expedia Group Inc shares valued at $1,500,419 were divested by the Director at a price of $150.04 per share. As a result of the transaction, KHOSROWSHAHI DARA now holds 216,521 shares, worth roughly $27.86 million.
BofA Securities downgraded its Expedia Group Inc [EXPE] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including BMO Capital Markets’s analysts, who began to cover the stock in early January with a ‘”an Outperform”‘ rating. Wells Fargo also remained covering EXPE and has increased its forecast on January 02, 2024 with a “an Equal weight” recommendation from previously “an Underweight” rating. BTIG Research maintained its rating on December 27, 2023. It rated EXPE as “a Buy”.
Price Performance Review of EXPE
On Monday, Expedia Group Inc [NASDAQ:EXPE] saw its stock fall -1.39% to $128.65. Over the last five days, the stock has lost -2.66%. Expedia Group Inc shares have fallen nearly -15.24% since the year began. Nevertheless, the stocks have risen 41.44% over the past one year. While a 52-week high of $160.05 was reached on 02/08/24, a 52-week low of $87.94 was recorded on 02/09/24. SMA at 50 days reached $136.64, while 200 days put it at $125.01. A total of 1.72 million shares were traded, compared to the trading of 2.13 million shares in the previous session.
Levels Of Support And Resistance For EXPE Stock
The 24-hour chart illustrates a support level at 126.78, which if violated will result in even more drops to 124.92. On the upside, there is a resistance level at 131.82. A further resistance level may holdings at 134.99. The Relative Strength Index (RSI) on the 14-day chart is 37.23, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.11, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 95.26%. Stochastics %K at 16.33% indicates the stock is a buying.
