Could Expedia New (NASDAQ:EXPE) Skyrocket? The Stock Has Too Many Sellers

January 19, 2018 - By Clifton Ray

 Could Expedia New (NASDAQ:EXPE) Skyrocket? The Stock Has Too Many Sellers

Investors sentiment increased to 1.43 in 2017 Q3. Its up 0.14, from 1.29 in 2017Q2. It improved, as 42 investors sold Expedia, Inc. shares while 152 reduced holdings. 84 funds opened positions while 193 raised stakes. 124.65 million shares or 0.14% more from 124.48 million shares in 2017Q2 were reported.
Crossvault Capital Mgmt Ltd Liability Corporation has invested 3.24% in Expedia, Inc. (NASDAQ:EXPE). Omega Advsrs Incorporated owns 195,497 shares for 1.09% of their portfolio. Valley Advisers invested 0% of its portfolio in Expedia, Inc. (NASDAQ:EXPE). Tarbox Family Office holds 0% in Expedia, Inc. (NASDAQ:EXPE) or 66 shares. Boston accumulated 0.15% or 843,843 shares. Howe & Rusling Incorporated accumulated 15 shares or 0% of the stock. Whittier Tru Communication Of Nevada stated it has 298 shares or 0% of all its holdings. Colonial Advsr has 36,301 shares. Mason Street Advsr Limited Liability Corp stated it has 16,960 shares. First Personal Financial reported 0.04% in Expedia, Inc. (NASDAQ:EXPE). Exxonmobil Inv Management Incorporated Tx reported 22,311 shares stake. Cornerstone Advisors has 0.04% invested in Expedia, Inc. (NASDAQ:EXPE) for 374 shares. Cypress Capital holds 0.41% or 13,360 shares. Natl Asset Mgmt Incorporated owns 5,100 shares for 0.12% of their portfolio. Sumitomo Mitsui Holding Inc has 0.07% invested in Expedia, Inc. (NASDAQ:EXPE) for 345,203 shares.

The stock of Expedia New (NASDAQ:EXPE) registered an increase of 10.65% in short interest. EXPE’s total short interest was 13.73 million shares in January as published by FINRA. Its up 10.65% from 12.41M shares, reported previously. With 2.08M shares average volume, it will take short sellers 7 days to cover their EXPE’s short positions. The short interest to Expedia New’s float is 11.48%.

The stock decreased 2.87% or $3.75 during the last trading session, reaching $126.89. About 2.82 million shares traded or 4.45% up from the average. Expedia, Inc. (NASDAQ:EXPE) has risen 30.43% since January 19, 2017 and is uptrending. It has outperformed by 13.73% the S&P500.

Expedia, Inc., together with its subsidiaries, operates as an online travel firm in the United States and internationally. The company has market cap of $19.35 billion. The firm operates through four divisions: Core OTA, Trivago, Egencia, and HomeAway. It has a 49.35 P/E ratio. It facilitates the booking of hotel rooms, airline seats, car rentals, and destination services from its travel suppliers; and acts as an agent in the transactions.

Expedia, Inc. (NASDAQ:EXPE) Ratings Coverage

Among 36 analysts covering Expedia Inc. (NASDAQ:EXPE), 27 have Buy rating, 0 Sell and 9 Hold. Therefore 75% are positive. Expedia Inc. has $190 highest and $27 lowest target. $150.25’s average target is 18.41% above currents $126.89 stock price. Expedia Inc. had 106 analyst reports since July 24, 2015 according to SRatingsIntel. The rating was maintained by UBS with “Buy” on Friday, October 30. The company was maintained on Friday, October 30 by Benchmark. As per Tuesday, January 10, the company rating was reinitiated by Morgan Stanley. Stifel Nicolaus upgraded Expedia, Inc. (NASDAQ:EXPE) on Friday, January 6 to “Buy” rating. William Blair downgraded the stock to “Market Perform” rating in Thursday, November 5 report. The firm has “Neutral” rating by Janney Capital given on Tuesday, August 4. The stock has “Overweight” rating by Piper Jaffray on Thursday, March 10. The stock has “Buy” rating by Benchmark on Monday, October 24. As per Friday, February 10, the company rating was maintained by RBC Capital Markets. The firm has “Buy” rating given on Wednesday, October 11 by RBC Capital Markets.

More important recent Expedia, Inc. (NASDAQ:EXPE) news were published by: Seekingalpha.com which released: “A Bottom-Up Analysis Of Expedia” on January 02, 2018, also Gurufocus.com published article titled: “Alta Capital Management Llc Buys Expedia Inc, Littelfuse Inc, Facebook Inc …”, Seekingalpha.com published: “Expedia +2.6% as BofA raises bar to Buy” on January 03, 2018. More interesting news about Expedia, Inc. (NASDAQ:EXPE) was released by: Seekingalpha.com and their article: “Morgan Stanley upgrades Expedia on overseas, vacation rental potential” with publication date: January 11, 2018.

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