The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Expedia Group Inc shares valued at $379,188 were sold by Soliday Lance A on Feb 29 ’24. At $136.50 per share, Soliday Lance A sold 2,778 shares. The insider’s holdings dropped to 11,005 shares worth approximately $1.24 million following the completion of this transaction.
Also, Soliday Lance A sold 5,119 shares, netting a total of over 702,361 in proceeds. Following the sale of shares at $137.21 each, the insider now holds 10,880 shares.
Before that, KHOSROWSHAHI DARA had sold 10,000 shares from its account. In a trade valued at $1,500,419, the Director traded Expedia Group Inc shares for $150.04 each. Upon closing the transaction, the insider’s holdings decreased to 10,000 shares, worth approximately $24.37 million.
As published in a research note from Piper Sandler on May 03, 2024, Expedia Group Inc [EXPE] has been rated down from an Overweight to a Neutral and the price target has been revised to $145 from $175. Analysts at BMO Capital Markets downgraded the stock from ‘”an Outperform”‘ to ‘”a Market perform”‘ outlook in a report released in early May. As of February 09, 2024, BofA Securities has decreased its “Buy” rating to a “Neutral” for EXPE. Earlier on January 09, 2024, BMO Capital Markets initiated its rating. Their recommendation was “an Outperform” for EXPE stock.
Analyzing EXPE Stock Performance
During the last five days, there has been a drop of approximately -17.31%. Over the course of the year, Expedia Group Inc shares have dropped approximately -25.86%. Shares of the company reached a 52-week high of $160.05 on 02/08/24 and a 52-week low of $109.87 on 05/09/24. A 50-day SMA is recorded $131.98, while a 200-day SMA reached $126.10. Nevertheless, trading volume fell to 4.48 million shares from 3.65 million shares the previous day.
Support And Resistance Levels for Expedia Group Inc (EXPE)
According to the 24-hour chart, there is a support level at 110.58, which, if violated, would cause prices to drop to 108.62. In the upper region, resistance lies at 113.78. The next price resistance is at 115.02. RSI (Relative Strength Index) is 27.18 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -15.05, which suggests the price will decrease in the coming days. Percent R is at 90.87%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
