Priceline Group Inc. (PCLN): Jeffery H Boyd , Interim CEO & President of Priceline Group Inc. sold 3,000 shares on May 2, 2016. The Insider selling transaction was reported by the company on May 4, 2016 to the Securities and Exchange Commission. The shares were sold at $1,335.38 per share for a total value of $4,002,284.25 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 4, 2016, Gillian Tans (President & CEO, Booking.com) sold 161 shares at $1,349.00 per share price.On Apr 5, 2016, Jeffery H Boyd (director) sold 3,000 shares at $1,283.12 per share price.Also, On Mar 18, 2016, Daniel J Finnegan (Chief Financial Officer) sold 5,871 shares at $1,341.93 per share price.On Mar 16, 2016, Peter J Millones (Executive VP, General Counsel) sold 5,871 shares at $1,323.15 per share price.
Shares of Priceline Group Inc (PCLN) ended Wednesday, May 4, 2016 session in red amid volatile trading. The shares closed down -101.6 points or -7.50% at $1253.04 with 28,84,766 shares getting traded. Post opening the session at $1258, the shares hit an intraday low of $1205.25 and an intraday high of $1266 and the price vacillated in this range throughout the day. The company has a market cap of $62,172 M and the number of outstanding shares has been calculated to be 4,96,16,595 shares. The 52-week high of Priceline Group Inc is $1476.515 and the 52-week low is $954.02.
Company has been under the radar of several Street Analysts.Priceline Group Inc is Upgraded by Guggenheim to Buy. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on May 4, 2016.Priceline Group Inc is Initiated by Pacific Crest to Sector Weight. The Rating was issued on Mar 31, 2016.
The Priceline Group Inc. is a provider of online travel and travel related reservation and search services. The Company through its online travel agent (OTA) services connects consumers wishing to make travel reservations with providers of travel services across the world. The Companys brands include Booking.com KAYAK agoda.com rentalcars.com and OpenTable. The Company offers consumers accommodation reservations including hotels bed and breakfasts hostels apartments vacation rentals and other properties through its Booking.com priceline.com and agoda.com brands. Its priceline.com brand also offers consumers reservations for rental cars airline tickets vacation packages and cruises. The Company offers rental car reservations through its Website rentalcars.com. The Company also provides an online price comparison service from various travel Websites through KAYAK. OpenTable provides its services to consumers and reservation management services to restaurants.