The Priceline Group Inc. (PCLN) CEO Gillian Tans Sells 123 Shares of Stock

The Priceline Group Inc. (NASDAQ:PCLN) CEO Gillian Tans sold 123 shares of the business’s stock in a transaction dated Wednesday, November 15th. The stock was sold at an average price of $1,715.78, for a total value of $211,040.94. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

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

  • On Monday, October 16th, Gillian Tans sold 122 shares of The Priceline Group stock. The shares were sold at an average price of $1,940.00, for a total transaction of $236,680.00.
  • On Friday, September 15th, Gillian Tans sold 122 shares of The Priceline Group stock. The shares were sold at an average price of $1,845.97, for a total transaction of $225,208.34.

The Priceline Group Inc. (NASDAQ:PCLN) traded up $15.57 during trading on Friday, hitting $1,747.22. 499,533 shares of the stock traded hands, compared to its average volume of 460,337. The company has a market capitalization of $84,950.00, a PE ratio of 23.10, a P/E/G ratio of 1.36 and a beta of 1.43. The company has a debt-to-equity ratio of 0.68, a quick ratio of 2.52 and a current ratio of 2.52. The Priceline Group Inc. has a 52-week low of $1,459.49 and a 52-week high of $2,067.99.

The Priceline Group (NASDAQ:PCLN) last released its quarterly earnings data on Monday, November 6th. The business services provider reported $35.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $34.31 by $0.91. The firm had revenue of $4.43 billion for the quarter, compared to analysts’ expectations of $4.34 billion. The Priceline Group had a net margin of 29.20% and a return on equity of 33.02%. The company’s revenue for the quarter was up 20.1% compared to the same quarter last year. During the same quarter last year, the business posted $29.69 earnings per share. sell-side analysts expect that The Priceline Group Inc. will post 74.42 earnings per share for the current fiscal year.

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Several institutional investors have recently added to or reduced their stakes in PCLN. Harding Loevner LP raised its position in shares of The Priceline Group by 2,593.1% during the third quarter. Harding Loevner LP now owns 5,254,041 shares of the business services provider’s stock valued at $347,846,000 after buying an additional 5,058,945 shares during the last quarter. Harbour Capital Advisors LLC raised its position in shares of The Priceline Group by 210,283.2% during the second quarter. Harbour Capital Advisors LLC now owns 978,282 shares of the business services provider’s stock valued at $523,000 after buying an additional 977,817 shares during the last quarter. Janus Henderson Group PLC raised its position in shares of The Priceline Group by 654.1% during the second quarter. Janus Henderson Group PLC now owns 642,567 shares of the business services provider’s stock valued at $1,201,971,000 after buying an additional 557,358 shares during the last quarter. Capital Research Global Investors raised its position in shares of The Priceline Group by 7.1% during the second quarter. Capital Research Global Investors now owns 1,622,668 shares of the business services provider’s stock valued at $3,035,233,000 after buying an additional 108,187 shares during the last quarter. Finally, Old Mutual Global Investors UK Ltd. bought a new stake in shares of The Priceline Group during the third quarter valued at approximately $174,056,000. Hedge funds and other institutional investors own 95.10% of the company’s stock.

A number of analysts have recently issued reports on the stock. Credit Suisse Group reaffirmed an “outperform” rating and set a $2,070.00 price target (down previously from $2,150.00) on shares of The Priceline Group in a report on Wednesday, August 9th. Macquarie raised their price target on shares of The Priceline Group from $2,000.00 to $2,200.00 and gave the company a “positive” rating in a report on Wednesday, August 9th. Deutsche Bank AG reaffirmed a “hold” rating and set a $2,075.00 price target (up previously from $1,950.00) on shares of The Priceline Group in a report on Wednesday, August 9th. Royal Bank Of Canada raised their price target on shares of The Priceline Group from $2,000.00 to $2,050.00 and gave the company an “outperform” rating in a report on Wednesday, August 9th. Finally, Wells Fargo & Company reaffirmed a “hold” rating and set a $1,850.00 price target on shares of The Priceline Group in a report on Wednesday, August 9th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, twenty-four have assigned 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 $2,020.52.

About The Priceline Group

The Priceline Group Inc is a provider of travel and restaurant online 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.

Insider Buying and Selling by Quarter for The Priceline Group (NASDAQ:PCLN)

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