Expedia (EXPE) : Traders are bullish on Expedia (EXPE) as it has outperformed the S&P 500 by a wide margin of 5.45% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 3.2%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 4.74% in the last 1 week, and is up 10.06% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock. The stock has recorded a 20-day Moving Average of 6.94% and the 50-Day Moving Average is 4.92%.
Expedia (NASDAQ:EXPE): The stock opened at $114.38 on Friday but the bulls could not build on the opening and the stock topped out at $115.27 for the day. The stock traded down to $113.02 during the day, due to lack of any buying support eventually closed down at $114.62 with a loss of -0.44% for the day. The stock had closed at $115.13 on the previous day. The total traded volume was 1,814,520 shares.
The company Insiders own 24.76% of Expedia shares according to the proxy statements. Institutional Investors own 83.15% of Expedia shares. In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (Chief Accounting Officer) of Expedia, Inc., Soliday Lance A had sold 1,300 shares worth of $136,942 in a transaction dated June 15, 2016. In this transaction, 1,300 shares were sold at $105.34 per share.
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 Expedia.com and Hotels.com in the United States and localized Expedia and Hotels.com Websites around the world, EAN, Hotwire.com, Travelocity, Venere, Wotif Group, CarRentals.com 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.