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 $1,851,528 were sold by KHOSROWSHAHI DARA on Jan 02 ’25. At $185.15 per share, KHOSROWSHAHI DARA sold 10,000 shares. The insider’s holdings dropped to 168,505 shares worth approximately $31.23 million following the completion of this transaction.
Also, DARA KHOSROWSHAHI purchased 30,000 shares, netting a total of over 5,589,900 in proceeds.
Before that, KHOSROWSHAHI DARA had sold 10,000 shares from its account. In a trade valued at $1,846,553, the Director traded Expedia Group Inc shares for $184.66 each. Upon closing the transaction, the insider’s holdings decreased to 10,000 shares, worth approximately $33.08 million.
As published in a research note from BofA Securities on December 18, 2024, Expedia Group Inc [EXPE] has been rated up from a Neutral to a Buy and the price target has been revised to $221 from $187. Analysts at Robert W. Baird started covering the stock with ‘”an Outperform”‘ outlook in a report released in late November. As of November 08, 2024, Deutsche Bank has decreased its “Buy” rating to a “Hold” for EXPE. Earlier on September 25, 2024, TD Cowen downgraded its rating. Their new recommendation was “a Hold” for EXPE stock which previously was a “a Buy”.
Analyzing EXPE Stock Performance
During the last five days, there has been a drop of approximately -2.29%. Over the course of the year, Expedia Group Inc shares have dropped approximately -0.54%. Shares of the company reached a 52-week high of $187.90 on 01/02/25 and a 52-week low of $183.00 on 01/02/25. A 50-day SMA is recorded $178.62, while a 200-day SMA reached $142.79. Nevertheless, trading volume fell to 0.92 million shares from 1.31 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 182.92, which, if violated, would cause prices to drop to 180.51. In the upper region, resistance lies at 187.82. The next price resistance is at 190.31. RSI (Relative Strength Index) is 53.17 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.47, which suggests the price will increase in the coming days. Percent R is at 36.38%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
