Traders sold shares of The Priceline Group Inc. (NASDAQ:PCLN) on strength during trading hours on Friday. $237.66 million flowed into the stock on the tick-up and $292.36 million flowed out of the stock on the tick-down, for a money net flow of $54.70 million out of the stock. Of all stocks tracked, The Priceline Group had the 0th highest net out-flow for the day. The Priceline Group traded up $32.20 for the day and closed at $1,329.46

A number of equities analysts recently commented on the stock. Benchmark Co. lowered their target price on shares of The Priceline Group from $1,525.00 to $1,440.00 and set a “buy” rating for the company in a research note on Thursday, May 5th. Royal Bank Of Canada restated an “outperform” rating and issued a $1,600.00 price objective (down previously from $1,700.00) on shares of The Priceline Group in a research note on Wednesday, May 4th. Morgan Stanley restated an “equal weight” rating and issued a $1,330.00 price objective on shares of The Priceline Group in a research note on Thursday, May 5th. Cantor Fitzgerald restated a “buy” rating on shares of The Priceline Group in a research note on Sunday, May 22nd. Finally, Vetr downgraded shares of The Priceline Group from a “buy” rating to a “hold” rating and set a $1,316.39 price objective for the company. in a research note on Wednesday, May 25th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, eighteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. The Priceline Group presently has an average rating of “Buy” and a consensus price target of $1,454.66.

The firm has a market capitalization of $65.99 billion and a price-to-earnings ratio of 26.17. The firm has a 50-day moving average price of $1,293.45 and a 200 day moving average price of $1,251.98.

The Priceline Group (NASDAQ:PCLN) last posted its earnings results on Wednesday, May 4th. The company reported $10.54 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $9.66 by $0.88. During the same period in the previous year, the firm earned $8.12 earnings per share. The firm had revenue of $2.15 billion for the quarter, compared to analyst estimates of $2.12 billion. The company’s revenue for the quarter was up 16.7% on a year-over-year basis. Equities analysts predict that The Priceline Group Inc. will post $67.05 earnings per share for the current year.

In other The Priceline Group news, CEO Gillian Tans sold 161 shares of the business’s stock in a transaction dated Monday, May 2nd. The shares were sold at an average price of $1,349.00, for a total transaction of $217,189.00. Following the completion of the transaction, the chief executive officer now directly owns 2,496 shares of the company’s stock, valued at approximately $3,367,104. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Jeffery H. Boyd sold 3,000 shares of the business’s stock in a transaction dated Friday, July 1st. The shares were sold at an average price of $1,266.92, for a total transaction of $3,800,760.00. Following the transaction, the chief executive officer now directly owns 98,039 shares of the company’s stock, valued at $124,207,569.88. The disclosure for this sale can be found here.

A number of hedge funds and institutional investors have recently bought and sold shares of PCLN. Spectrum Management Group Inc. raised its position in The Priceline Group by 10.1% in the fourth quarter. Spectrum Management Group Inc. now owns 849 shares of the company’s stock worth $1,082,000 after buying an additional 78 shares during the last quarter. MetLife Securities Inc raised its position in The Priceline Group by 97.4% in the fourth quarter. MetLife Securities Inc now owns 851 shares of the company’s stock worth $1,085,000 after buying an additional 420 shares during the last quarter. LS Investment Advisors LLC raised its position in The Priceline Group by 15.4% in the fourth quarter. LS Investment Advisors LLC now owns 869 shares of the company’s stock worth $1,108,000 after buying an additional 116 shares during the last quarter. CG Asset Management LLC raised its position in The Priceline Group by 9.4% in the fourth quarter. CG Asset Management LLC now owns 870 shares of the company’s stock worth $1,109,000 after buying an additional 75 shares during the last quarter. Finally, Bailard Inc. purchased a new position in The Priceline Group during the fourth quarter worth about $1,128,000.

The Priceline Group Inc is a provider of travel and restaurant reservation and related services. The Company, through its online travel companies (OTCs), connects consumers wishing to make travel reservations with providers of travel services across the world. It offers consumers an array of accommodation reservations (including hotels, bed and breakfasts, hostels, apartments, vacation rentals and other properties) through its Booking.com, priceline.com and agoda.com brands.

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