The Priceline Group Inc. (NASDAQ:PCLN) CEO Gillian Tans sold 130 shares of the business’s stock in a transaction that occurred on Thursday, September 15th. The stock was sold at an average price of $1,431.98, for a total value of $186,157.40. Following the sale, the chief executive officer now owns 5,788 shares of the company’s stock, valued at $8,288,300.24. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Gillian Tans also recently made the following trade(s):

  • On Friday, July 15th, Gillian Tans sold 131 shares of The Priceline Group stock. The shares were sold at an average price of $1,327.89, for a total value of $173,953.59.

The Priceline Group Inc. (NASDAQ:PCLN) opened at 1464.00 on Thursday. The firm’s 50 day moving average price is $1,422.32 and its 200 day moving average price is $1,336.03. The stock has a market cap of $72.36 billion, a price-to-earnings ratio of 27.84 and a beta of 1.69. The Priceline Group Inc. has a one year low of $954.02 and a one year high of $1,476.52.

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 analysts’ consensus estimates of $12.69 by $1.24. The Priceline Group had a net margin of 27.08% and a return on equity of 32.93%. The firm had revenue of $2.55 billion for the quarter, compared to analyst estimates of $2.58 billion. During the same quarter in the previous year, the business posted $12.45 EPS. The firm’s revenue was up 12.1% compared to the same quarter last year. Equities analysts forecast that The Priceline Group Inc. will post $68.78 earnings per share for the current year.

A number of institutional investors have recently modified their holdings of the company. Vanguard Group Inc. raised its position in shares of The Priceline Group by 1.7% in the second quarter. Vanguard Group Inc. now owns 2,994,181 shares of the company’s stock worth $3,737,965,000 after buying an additional 51,477 shares in the last quarter. BlackRock Institutional Trust Company N.A. raised its position in shares of The Priceline Group by 2.1% in the first quarter. BlackRock Institutional Trust Company N.A. now owns 1,298,207 shares of the company’s stock worth $1,673,337,000 after buying an additional 26,300 shares in the last quarter. Capital World Investors raised its position in shares of The Priceline Group by 38.0% in the second quarter. Capital World Investors now owns 1,235,836 shares of the company’s stock worth $1,542,830,000 after buying an additional 340,386 shares in the last quarter. Lone Pine Capital LLC raised its position in shares of The Priceline Group by 41.6% in the second quarter. Lone Pine Capital LLC now owns 1,120,758 shares of the company’s stock worth $1,399,165,000 after buying an additional 329,121 shares in the last quarter. Finally, Jennison Associates LLC raised its position in shares of The Priceline Group by 21.2% in the second quarter. Jennison Associates LLC now owns 858,165 shares of the company’s stock worth $1,071,342,000 after buying an additional 150,154 shares in the last quarter. Hedge funds and other institutional investors own 93.99% of the company’s stock.

A number of equities research analysts have recently issued reports on the company. Cantor Fitzgerald restated a “buy” rating on shares of The Priceline Group in a research report on Friday, September 9th. Evercore ISI upgraded The Priceline Group from a “hold” rating to a “buy” rating and upped their price target for the company from $1,360.00 to $1,650.00 in a research report on Thursday, August 18th. Jefferies Group restated a “buy” rating and issued a $1,700.00 price target on shares of The Priceline Group in a research report on Tuesday, August 23rd. Vetr upgraded The Priceline Group from a “buy” rating to a “strong-buy” rating and set a $1,698.54 price target for the company in a research report on Monday, September 5th. Finally, JPMorgan Chase & Co. restated an “overweight” rating on shares of The Priceline Group in a research report on Friday, August 5th. Five investment analysts have rated the stock with a hold rating, twenty-one have given a buy rating and one has given a strong buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $1,529.50.

About The Priceline Group

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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