Expedia Group Inc’s recently made public 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 $1.28 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 $25.12 million.
Piper Sandler downgraded its Expedia Group Inc [EXPE] rating to a Neutral from a an Overweight in a research note published on May 03, 2024; the price target was decreased to $145 from $175. A number of analysts have revised their coverage, including BMO Capital Markets’s analysts, who decreased its forecast for the stock in early May from “an Outperform” to “a Market perform”. BofA Securities also remained covering EXPE and has decreased its forecast on February 09, 2024 with a “Neutral” recommendation from previously “Buy” rating. BMO Capital Markets started covering the stock on January 09, 2024. It rated EXPE as “an Outperform”.
Price Performance Review of EXPE
On Monday, Expedia Group Inc [NASDAQ:EXPE] saw its stock jump 0.60% to $116.02. Over the last five days, the stock has lost -15.10%. Expedia Group Inc shares have fallen nearly -23.57% since the year began. Nevertheless, the stocks have risen 30.11% 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 05/06/24. SMA at 50 days reached $133.38, while 200 days put it at $126.18. A total of 4.52 million shares were traded, compared to the trading of 13.96 million shares in the previous session.
Levels Of Support And Resistance For EXPE Stock
The 24-hour chart illustrates a support level at 114.83, which if violated will result in even more drops to 113.63. On the upside, there is a resistance level at 117.02. A further resistance level may holdings at 118.01. The Relative Strength Index (RSI) on the 14-day chart is 28.34, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -8.40, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 94.30%. Stochastics %K at 26.82% indicates the stock is a holding.
