Shares of Expedia (NASDAQ:EXPE) Sees Large Outflow of Money

Expedia (NASDAQ:EXPE) : The value of composite uptick trades was $26.66 million, whereas, the value of composite downtick trades was $30.24 million. The uptick to downtick ratio stood at 0.88 with a negative money flow of ($3.57) Million during Wednesdays trading session. The block trades money flow was negative ($2.53 million).The uptick to the downtick ratio of 0.38 in block trades signals that the large investors have utilized the rise in the stock to sell.The uptick transaction value stood at $1.54 million. The transaction of the trades on downticks amounted to $4.07 million, which confirms investors selling on the strength of price. Expedia (NASDAQ:EXPE) gained 325 cents at $104.44, an increase of 3.21% over the previous days close.


In an insider trading activity, The officer (Chief Accounting Officer), of Expedia, Inc., Soliday Lance A had unloaded 1,300 shares at $105.34 per share in a transaction on June 15, 2016. The total value of transaction was $136,942. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing. Currently the company Insiders own 24.76% of Expedia shares according to the proxy statements. Institutional Investors own 83.19% of Expedia shares.

The company shares have dropped -5.60% from its 1 Year high price. On Nov 5, 2015, the shares registered one year high at $140.51 and the one year low was seen on Feb 8, 2016. The 50-Day Moving Average price is $108.91 and the 200 Day Moving Average price is recorded at $109.55. Expedia (NASDAQ:EXPE): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $102.47 and $102.22 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $105.20. The buying momentum continued till the end and the stock did not give up its gains. It closed at $104.18, notching a gain of 2.95% for the day. The total traded volume was 2,045,338 . The stock had closed at $101.19 on the previous day.

Expedia, Inc. (Expedia) is an online travel company. The Company provides travel products and services provided by various lodging properties, airlines, car rental companies, destination service providers, cruise lines and other travel product and service companies. Its segments include Core Online Travel Agencies, which provides a range of travel and advertising services through a range of brands, including and in the United States and localized Expedia and Websites around the world, EAN,, Travelocity, Venere, Wotif Group, and Classic Vacations; trivago, which is engaged in sending referrals to online travel companies and travel service providers from its hotel metasearch Websites, and Egencia, which provides managed travel services. In addition, it offers Travelocity, Orbitz, ebookers, HotelClub, and CheapTickets brands and business-to-business offerings, including Orbitz Partner Network and Orbitz for Business.

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