Traders purchased shares of The Priceline Group Inc. (NASDAQ:PCLN) on weakness during trading hours on Monday. $183.37 million flowed into the stock on the tick-up and $157.66 million flowed out of the stock on the tick-down, for a money net flow of $25.71 million into the stock. Of all companies tracked, The Priceline Group had the 11th highest net in-flow for the day. The Priceline Group traded down ($8.01) for the day and closed at $1,423.99

A number of research analysts have issued reports on PCLN shares. Vetr cut The Priceline Group from a “hold” rating to a “sell” rating and set a $1,316.39 target price for the company. in a research note on Tuesday, June 7th. Jefferies Group reissued a “buy” rating and issued a $1,660.00 target price on shares of The Priceline Group in a research note on Monday, July 25th. Deutsche Bank AG boosted their target price on The Priceline Group from $1,330.00 to $1,450.00 and gave the company a “buy” rating in a research note on Friday, August 5th. Zacks Investment Research raised The Priceline Group from a “hold” rating to a “buy” rating and set a $1,575.00 target price for the company in a research note on Thursday, August 11th. Finally, Cantor Fitzgerald reissued a “buy” rating on shares of The Priceline Group in a research note on Thursday, June 16th. Five research analysts have rated the stock with a hold rating, twenty-two have given a buy rating and one has given a strong buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $1,517.95.

The company’s 50-day moving average is $1,361.38 and its 200-day moving average is $1,300.32. The stock has a market cap of $70.38 billion and a P/E ratio of 27.08.

The Priceline Group (NASDAQ:PCLN) last announced its quarterly earnings data 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. During the same quarter in the previous year, the business earned $12.45 earnings per share. The firm had revenue of $2.55 billion for the quarter, compared to the consensus estimate of $2.58 billion. The firm’s revenue for the quarter was up 12.1% on a year-over-year basis. On average, analysts expect that The Priceline Group Inc. will post $68.78 EPS for the current fiscal year.

In related news, CEO Jeffery H. Boyd sold 3,000 shares of the firm’s stock in a transaction on 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 completion of the transaction, the chief executive officer now directly owns 98,039 shares of the company’s stock, valued at $124,207,569.88. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Gillian Tans sold 131 shares of the firm’s stock in a transaction on Friday, July 15th. The shares were sold at an average price of $1,327.89, for a total transaction of $173,953.59. Following the transaction, the chief executive officer now directly 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 recently bought and sold shares of PCLN. Schwab Charles Investment Management Inc. boosted 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. Airain ltd bought a new position in The Priceline Group during the fourth quarter valued at $4,354,000. State of Tennessee Treasury Department boosted its position 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 valued at $47,184,000 after buying an additional 5,209 shares during the last quarter. Rail Splitter Capital Management LLC boosted its position 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 valued at $8,899,000 after buying an additional 1,210 shares during the last quarter. Finally, Stephens Inc. AR boosted its position in The Priceline Group by 32.8% in the fourth quarter. Stephens Inc. AR now owns 1,533 shares of the company’s stock valued at $1,954,000 after buying an additional 379 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.

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