Expedia (EXPE) : Fridays money flow points at investors jumping to buy the stock on the weakness of price. $45.3 million worth of transactions were on upticks, whereas, the downticks accounted for $41.49 million worth of transactions. The net money flow was a positive $3.81 million and the uptick to downtick ratio was 1.09. The net money flow into the stock was $5.98 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $5.98 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. Expedia (EXPE) was trading at $112.05, down $1.08 during day. The stock slid -0.95% over the previous days close. For the week, the stock recorded 0.62% over the previous weeks close.
The company Insiders own 20.95% of Expedia shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -19.28% . Institutional Investors own 82.18% of Expedia shares. During last six month period, the net percent change held by insiders has seen a change of -19.28%.
In a related news, The Securities and Exchange Commission has divulged that Jacobson Craig A, director of Expedia, Inc., had unloaded 8,000 shares at an average price of $116.75 in a transaction dated on August 16, 2016. The total value of the transaction was worth $934,000.
Expedia (NASDAQ:EXPE): stock was range-bound between the intraday low of $111.87 and the intraday high of $114.39 after having opened at $114 on Fridays session. The stock finally closed in the red at $114, a loss of -0.95%. The stock remained in the red for the whole trading day. The total traded volume was 1,744,741 shares. The stock failed to cross $114.39 in Fridays trading. The stocks closing price on Thursday was $113.13.
Expedia (EXPE) has been under a strong bear grip, hence the stock is down -0.91% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.11% in the past 1 week. The stock has risen by 0.62% in the past week indicating that the buyers are active at lower levels, but the stock is down -1.04% in the past 4 weeks.
Expedia, Inc. (Expedia) is an online travel company. The Company provides travel products and services provided by various lodging properties, airlines, car rental companies, destination service providers, cruise lines and other travel product and service companies. Its segments include Core Online Travel Agencies, which provides a range of travel and advertising services through a range of brands, including Expedia.com and Hotels.com in the United States and localized Expedia and Hotels.com Websites around the world, EAN, Hotwire.com, Travelocity, Venere, Wotif Group, CarRentals.com and Classic Vacations; trivago, which is engaged in sending referrals to online travel companies and travel service providers from its hotel metasearch Websites, and Egencia, which provides managed travel services. In addition, it offers Travelocity, Orbitz, ebookers, HotelClub, and CheapTickets brands and business-to-business offerings, including Orbitz Partner Network and Orbitz for Business.