Traders bought shares of The Priceline Group Inc. (NASDAQ:PCLN) on weakness during trading hours on Friday. $162.22 million flowed into the stock on the tick-up and $133.44 million flowed out of the stock on the tick-down, for a money net flow of $28.78 million into the stock. Of all companies tracked, The Priceline Group had the 13th highest net in-flow for the day. The Priceline Group traded down ($5.10) for the day and closed at $1,327.40

A number of research analysts have recently weighed in on the company. Jefferies Group reissued a “buy” rating on shares of The Priceline Group in a report on Monday, July 18th. Zacks Investment Research raised The Priceline Group from a “hold” rating to a “buy” rating and set a $1,513.00 price objective on the stock in a report on Tuesday, July 12th. Deutsche Bank AG reissued a “hold” rating on shares of The Priceline Group in a report on Sunday, July 10th. Vetr raised The Priceline Group from a “buy” rating to a “strong-buy” rating and set a $1,432.79 price objective on the stock in a report on Tuesday, July 5th. Finally, Cantor Fitzgerald reissued a “buy” rating and issued a $1,510.00 price objective (down from $1,525.00) on shares of The Priceline Group in a report on Tuesday, July 5th. Seven research analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and one has assigned a strong buy rating to the company. The Priceline Group has an average rating of “Buy” and an average price target of $1,457.31.

The stock has a market cap of $65.89 billion and a price-to-earnings ratio of 26.13. The firm’s 50-day moving average is $1,313.78 and its 200-day moving average is $1,256.83.

The Priceline Group (NASDAQ:PCLN) last posted its quarterly earnings data on Wednesday, May 4th. The company reported $10.54 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $9.66 by $0.88. The company had revenue of $2.15 billion for the quarter, compared to analysts’ expectations of $2.12 billion. During the same period in the prior year, the company earned $8.12 earnings per share. The firm’s revenue was up 16.7% on a year-over-year basis. Analysts expect that The Priceline Group Inc. will post $66.86 EPS for the current year.

In other The Priceline Group news, CEO Jeffery H. Boyd sold 166 shares of the company’s stock in a transaction that occurred on Tuesday, May 10th. The stock was sold at an average price of $1,261.54, for a total transaction of $209,415.64. Following the completion of the sale, the chief executive officer now directly owns 94,826 shares of the company’s stock, valued at approximately $119,626,792.04. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Jeffery H. Boyd sold 3,000 shares of the company’s stock in a transaction that occurred on Friday, July 1st. The shares were sold at an average price of $1,266.92, for a total value of $3,800,760.00. Following the sale, 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.

Other hedge funds recently bought and sold shares of the company. Spectrum Management Group Inc. increased its stake in The Priceline Group by 10.1% in the fourth quarter. Spectrum Management Group Inc. now owns 849 shares of the company’s stock valued at $1,082,000 after buying an additional 78 shares in the last quarter. LS Investment Advisors LLC increased its stake in The Priceline Group by 15.4% in the fourth quarter. LS Investment Advisors LLC now owns 869 shares of the company’s stock valued at $1,108,000 after buying an additional 116 shares in the last quarter. Bailard Inc. bought a new stake in The Priceline Group during the fourth quarter valued at approximately $1,128,000. Burney Co. increased its stake in The Priceline Group by 2.6% in the fourth quarter. Burney Co. now owns 969 shares of the company’s stock valued at $1,233,000 after buying an additional 25 shares in the last quarter. Finally, Moors & Cabot Inc. increased its stake in The Priceline Group by 0.9% in the fourth quarter. Moors & Cabot Inc. now owns 1,259 shares of the company’s stock valued at $1,598,000 after buying an additional 11 shares in the last quarter.

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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