Investors purchased shares of The Priceline Group Inc. (NASDAQ:PCLN) on weakness during trading on Monday. $277.50 million flowed into the stock on the tick-up and $204.93 million flowed out of the stock on the tick-down, for a money net flow of $72.57 million into the stock. Of all companies tracked, The Priceline Group had the 4th highest net in-flow for the day. The Priceline Group traded down ($5.73) for the day and closed at $1,321.67

A number of research firms recently weighed in on PCLN. Evercore ISI began coverage on shares of The Priceline Group in a report on Monday. They issued a “hold” rating for the company. Zacks Investment Research lowered shares of The Priceline Group from a “buy” rating to a “hold” rating in a report on Monday. Jefferies Group reissued a “buy” rating and issued a $1,660.00 target price on shares of The Priceline Group in a report on Monday. Deutsche Bank AG reissued a “hold” rating on shares of The Priceline Group in a report on Sunday, July 10th. Finally, Vetr raised shares of The Priceline Group from a “buy” rating to a “strong-buy” rating and set a $1,432.79 target price for the company in a report on Tuesday, July 5th. Eight equities research analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $1,457.31.

The company has a 50-day moving average price of $1,314.35 and a 200 day moving average price of $1,258.74. The stock has a market capitalization of $65.61 billion and a price-to-earnings ratio of 26.01.

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

In related news, CEO Jeffery H. Boyd sold 166 shares of the stock in a transaction dated Tuesday, May 10th. The stock was sold at an average price of $1,261.54, for a total value of $209,415.64. Following the completion of the transaction, the chief executive officer now owns 94,826 shares of the company’s stock, valued at $119,626,792.04. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Gillian Tans sold 161 shares of the stock in a transaction dated Monday, May 2nd. The shares were sold at an average price of $1,349.00, for a total value 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 disclosure for this sale can be found here.

A number of hedge funds and institutional investors have modified their holdings of PCLN. Utah Retirement Systems increased its position in shares of The Priceline Group by 2.2% in the fourth quarter. Utah Retirement Systems now owns 9,445 shares of the company’s stock worth $12,042,000 after buying an additional 200 shares in the last quarter. Airain ltd acquired a new position in shares of The Priceline Group during the fourth quarter worth approximately $4,354,000. KBC Group NV increased its position in shares of The Priceline Group by 2.7% in the fourth quarter. KBC Group NV now owns 32,952 shares of the company’s stock worth $42,012,000 after buying an additional 862 shares in the last quarter. State of Tennessee Treasury Department increased its position in shares of The Priceline Group by 16.4% in the fourth quarter. State of Tennessee Treasury Department now owns 37,009 shares of the company’s stock worth $47,184,000 after buying an additional 5,209 shares in the last quarter. Finally, Genesee Valley Trust Co. increased its position in shares of The Priceline Group by 3.0% in the fourth quarter. Genesee Valley Trust Co. now owns 1,549 shares of the company’s stock worth $1,975,000 after buying an additional 45 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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