The Priceline Group Inc. (NASDAQ:PCLN) CEO Gillian Tans sold 131 shares of the company’s stock in a transaction dated Tuesday, November 15th. The shares were sold at an average price of $1,499.97, for a total transaction of $196,496.07. Following the completion of the sale, the chief executive officer now directly owns 5,526 shares in the company, valued at approximately $8,288,834.22. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

  • On Friday, October 14th, Gillian Tans sold 131 shares of The Priceline Group stock. The shares were sold at an average price of $1,450.25, for a total transaction of $189,982.75.
  • On Thursday, September 15th, Gillian Tans sold 130 shares of The Priceline Group stock. The shares were sold at an average price of $1,431.98, for a total transaction of $186,157.40.

Shares of The Priceline Group Inc. (NASDAQ:PCLN) traded up 0.39% during mid-day trading on Wednesday, reaching $1503.23. 366,911 shares of the company’s stock were exchanged. The company has a market cap of $74.18 billion, a PE ratio of 38.37 and a beta of 1.69. The company’s 50-day moving average price is $1,477.37 and its 200 day moving average price is $1,380.80. The Priceline Group Inc. has a 52-week low of $954.02 and a 52-week high of $1,600.93.

The Priceline Group (NASDAQ:PCLN) last issued its quarterly earnings results on Monday, November 7th. The company reported $31.18 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $29.88 by $1.30. The firm had revenue of $3.69 billion for the quarter, compared to the consensus estimate of $3.61 billion. The Priceline Group had a net margin of 18.91% and a return on equity of 34.70%. The company’s revenue for the quarter was up 18.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $25.35 EPS. On average, equities research analysts predict that The Priceline Group Inc. will post $64.68 EPS for the current year.

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

PCLN has been the topic of a number of recent analyst reports. Jefferies Group restated a “buy” rating and issued a $1,660.00 price target on shares of The Priceline Group in a research report on Monday, July 25th. Zacks Investment Research lowered shares of The Priceline Group from a “buy” rating to a “hold” rating in a research report on Monday, July 25th. Evercore ISI initiated coverage on shares of The Priceline Group in a research report on Monday, July 25th. They issued a “hold” rating and a $1,350.00 price target on the stock. Piper Jaffray Cos. restated an “overweight” rating and issued a $1,625.00 price target (up from $1,500.00) on shares of The Priceline Group in a research report on Monday, August 1st. Finally, RBC Capital Markets restated a “buy” rating and issued a $1,600.00 price target on shares of The Priceline Group in a research report on Monday, August 1st. Six research analysts have rated the stock with a hold rating, twenty-three have given a buy rating and one has assigned a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $1,622.45.

Hedge funds and other institutional investors have recently modified their holdings of the company. BlueMountain Capital Management LLC raised its stake in The Priceline Group by 65.3% in the first quarter. BlueMountain Capital Management LLC now owns 81 shares of the company’s stock valued at $104,000 after buying an additional 32 shares in the last quarter. Tiedemann Wealth Management LLC bought a new stake in The Priceline Group during the third quarter valued at $136,000. Global X Management Co. LLC raised its stake in The Priceline Group by 416.7% in the second quarter. Global X Management Co. LLC now owns 93 shares of the company’s stock valued at $116,000 after buying an additional 75 shares in the last quarter. Integrated Investment Consultants LLC raised its stake in The Priceline Group by 18.1% in the second quarter. Integrated Investment Consultants LLC now owns 98 shares of the company’s stock valued at $122,000 after buying an additional 15 shares in the last quarter. Finally, First Manhattan Co. raised its stake in The Priceline Group by 233.3% in the third quarter. First Manhattan Co. now owns 100 shares of the company’s stock valued at $147,000 after buying an additional 70 shares in the last quarter. Hedge funds and other institutional investors own 94.04% of the company’s stock.

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.

5 Day Chart for NASDAQ:PCLN

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