Traders sold shares of The Priceline Group Inc. (NASDAQ:PCLN) on strength during trading hours on Thursday. $187.01 million flowed into the stock on the tick-up and $202.27 million flowed out of the stock on the tick-down, for a money net flow of $15.26 million out of the stock. Of all companies tracked, The Priceline Group had the 0th highest net out-flow for the day. The Priceline Group traded up $15.87 for the day and closed at $1,443.07

Several research analysts recently commented on the company. Guggenheim raised The Priceline Group from a “neutral” rating to a “buy” rating and set a $1,500.00 price objective for the company in a research note on Wednesday, May 4th. Evercore ISI reissued a “hold” rating and issued a $1,260.00 price objective (down from $1,320.00) on shares of The Priceline Group in a research note on Wednesday, May 4th. Royal Bank Of Canada reissued an “outperform” rating and issued a $1,600.00 price objective (down from $1,700.00) on shares of The Priceline Group in a research note on Wednesday, May 4th. JPMorgan Chase & Co. reissued an “overweight” rating and issued a $1,510.00 price objective on shares of The Priceline Group in a research note on Thursday, May 5th. Finally, Cantor Fitzgerald reissued a “buy” rating on shares of The Priceline Group in a research note on Sunday, May 22nd. Five equities research analysts have rated the stock with a hold rating, twenty-two have given a buy rating and one has assigned a strong buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $1,517.95.

The firm has a market cap of $71.33 billion and a price-to-earnings ratio of 27.45. The firm has a 50 day moving average of $1,351.66 and a 200 day moving average of $1,291.84.

The Priceline Group (NASDAQ:PCLN) last released its earnings results on Thursday, August 4th. The company reported $13.93 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $12.69 by $1.24. The business earned $2.55 billion during the quarter, compared to analyst estimates of $2.58 billion. During the same quarter in the previous year, the company posted $12.45 earnings per share. The business’s revenue for the quarter was up 12.1% compared to the same quarter last year. On average, equities research analysts forecast that The Priceline Group Inc. will post $68.70 earnings per share for the current fiscal year.

In related news, CEO Jeffery H. Boyd sold 3,000 shares of the company’s stock in a transaction on Monday, August 1st. The stock was sold at an average price of $1,353.90, for a total value of $4,061,700.00. Following the completion of the transaction, the chief executive officer now directly owns 94,488 shares in the company, valued at $127,927,303.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Gillian Tans sold 131 shares of the company’s stock in a transaction on Friday, July 15th. The shares were sold at an average price of $1,327.89, for a total value of $173,953.59. Following the completion of the transaction, the chief executive officer now owns 6,049 shares of the company’s stock, valued at $8,032,406.61. The disclosure for this sale can be found here.

A number of institutional investors have added to or reduced their stakes in PCLN. Schwab Charles Investment Management Inc. raised its position 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 valued at $163,401,000 after buying an additional 3,680 shares during the last quarter. BlackRock Advisors LLC increased its stake in The Priceline Group by 7.6% in the fourth quarter. BlackRock Advisors LLC now owns 90,502 shares of the company’s stock worth $115,386,000 after buying an additional 6,417 shares during the period. State of Tennessee Treasury Department increased its stake in 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 during the period. KBC Group NV increased its stake in 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 during the period. Finally, Rail Splitter Capital Management LLC increased its stake in The Priceline Group by 21.0% in the fourth quarter. Rail Splitter Capital Management LLC now owns 6,980 shares of the company’s stock worth $8,899,000 after buying an additional 1,210 shares during the period.

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.