Investors sold shares of The Priceline Group Inc. (NASDAQ:PCLN) on strength during trading on Wednesday. $186.05 million flowed into the stock on the tick-up and $201.03 million flowed out of the stock on the tick-down, for a money net flow of $14.98 million out of the stock. Of all equities tracked, The Priceline Group had the 0th highest net out-flow for the day. The Priceline Group traded up $18.54 for the day and closed at $1,427.20

Several equities analysts recently commented on PCLN shares. Vetr upgraded shares of The Priceline Group from a “buy” rating to a “strong-buy” rating and set a $1,357.64 price target on the stock in a research note on Tuesday, June 28th. Piper Jaffray Cos. reiterated an “overweight” rating and set a $1,625.00 price objective (up from $1,500.00) on shares of The Priceline Group in a research note on Monday, August 1st. Jefferies Group reiterated a “buy” rating and set a $1,660.00 price objective on shares of The Priceline Group in a research note on Monday, July 25th. Barclays PLC upgraded shares of The Priceline Group from an “equal weight” rating to an “overweight” rating and increased their price objective for the stock from $1,300.00 to $1,500.00 in a research note on Wednesday, June 22nd. They noted that the move was a valuation call. Finally, Evercore ISI initiated coverage on shares of The Priceline Group in a research note on Monday, July 25th. They set a “hold” rating and a $1,350.00 price objective on the stock. Six equities research analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and one has assigned a strong buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $1,504.90.

The company has a market capitalization of $70.54 billion and a P/E ratio of 27.14. The company has a 50 day moving average of $1,345.84 and a 200 day moving average of $1,290.75.

The Priceline Group (NASDAQ:PCLN) last issued its quarterly earnings data on Thursday, August 4th. The company reported $13.93 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $12.69 by $1.24. The business had revenue of $2.55 billion for the quarter, compared to analysts’ expectations of $2.58 billion. During the same period in the previous year, the firm posted $12.45 EPS. The firm’s revenue for the quarter was up 12.1% compared to the same quarter last year. On average, analysts expect that The Priceline Group Inc. will post $68.70 earnings per share for the current year.

In related news, CEO Jeffery H. Boyd sold 3,000 shares of the business’s stock in a transaction that occurred on Friday, July 1st. The stock was sold at an average price of $1,266.92, for a total value of $3,800,760.00. Following the completion of the sale, the chief executive officer now owns 98,039 shares in the company, valued at approximately $124,207,569.88. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Gillian Tans sold 131 shares of the business’s stock in a transaction that occurred on Friday, July 15th. The stock was sold at an average price of $1,327.89, for a total value of $173,953.59. Following the completion of the sale, the chief executive officer now owns 6,049 shares of the company’s stock, valued at approximately $8,032,406.61. The disclosure for this sale can be found here.

A number of hedge funds have recently added to or reduced their stakes in PCLN. Schwab Charles Investment Management Inc. increased its stake in The Priceline Group by 3.0% in the fourth quarter. Schwab Charles Investment Management Inc. now owns 128,162 shares of the company’s stock worth $163,401,000 after buying an additional 3,680 shares during the last quarter. Autus Asset Management LLC increased its stake in shares of The Priceline Group by 15.9% in the fourth quarter. Autus Asset Management LLC now owns 2,327 shares of the company’s stock valued at $2,967,000 after buying an additional 320 shares during the last quarter. Calvert Investment Management Inc. increased its stake in shares of The Priceline Group by 26.0% in the fourth quarter. Calvert Investment Management Inc. now owns 2,730 shares of the company’s stock valued at $3,481,000 after buying an additional 564 shares during the last quarter. Bridgewater Associates LP increased its stake in shares of The Priceline Group by 75.8% in the fourth quarter. Bridgewater Associates LP now owns 6,960 shares of the company’s stock valued at $8,874,000 after buying an additional 3,000 shares during the last quarter. Finally, BlackRock Advisors LLC increased its stake in shares of The Priceline Group by 7.6% in the fourth quarter. BlackRock Advisors LLC now owns 90,502 shares of the company’s stock valued at $115,386,000 after buying an additional 6,417 shares during 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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.