What Will Happen to Expedia Inc Next? The Stock Just Had Huge Bullish Options Activity

 What Will Happen to Expedia Inc Next? The Stock Just Had Huge Bullish Options Activity

In today’s session Expedia Inc (EXPE) registered an unusually high (1,299) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the October, 2016 call, expecting serious EXPE increase. With 1,299 contracts traded and 624 open interest for the Oct, 16 contract, it seems this is a quite bullish bet. The option with symbol: EXPE161021C00123000 closed last at: $1.2 or 25% down. The stock increased 1.79% or $2.1 during the last trading session, hitting $119.12. About 2.01M shares traded hands. Expedia Inc (NASDAQ:EXPE) has risen 11.61% since March 2, 2016 and is uptrending. It has outperformed by 2.37% the S&P500.

Analysts await Expedia Inc (NASDAQ:EXPE) to report earnings on November, 3. They expect $2.23 EPS, up 40.25% or $0.64 from last year’s $1.59 per share. EXPE’s profit will be $335.10M for 13.35 P/E if the $2.23 EPS becomes a reality. After $0.40 actual EPS reported by Expedia Inc for the previous quarter, Wall Street now forecasts 457.50% EPS growth.

Expedia Inc (NASDAQ:EXPE) Ratings Coverage

Out of 24 analysts covering Expedia Inc. (NASDAQ:EXPE), 16 rate it a “Buy”, 1 “Sell”, while 7 “Hold”. This means 67% are positive. Expedia Inc. has been the topic of 42 analyst reports since July 24, 2015 according to StockzIntelligence Inc. The company was maintained on Thursday, September 17 by Cantor Fitzgerald. Credit Suisse maintained Expedia Inc (NASDAQ:EXPE) rating on Thursday, February 11. Credit Suisse has “Neutral” rating and $130 price target. The rating was initiated by Moffett Nathanson with “Buy” on Tuesday, March 8. Benchmark maintained the stock with “Buy” rating in Tuesday, February 9 report. The firm earned “Outperform” rating on Thursday, November 5 by Oppenheimer. Moffett Nathanson maintained the shares of EXPE in a report on Thursday, March 17 with “Buy” rating. The firm earned “Buy” rating on Thursday, September 17 by Vetr. The rating was downgraded by Stifel Nicolaus to “Sell” on Monday, February 22. William Blair downgraded Expedia Inc (NASDAQ:EXPE) on Thursday, November 5 to “Market Perform” rating. The rating was maintained by Barclays Capital with “Overweight” on Tuesday, February 9.

Insitutional Activity: The institutional sentiment increased to 0.92 in Q2 2016. Its up 0.18, from 0.74 in 2016Q1. The ratio is positive, as 57 funds sold all Expedia Inc shares owned while 175 reduced positions. 71 funds bought stakes while 142 increased positions. They now own 120.22 million shares or 1.74% less from 122.35 million shares in 2016Q1.
New Mexico Educational Retirement Board last reported 13,628 shares in the company. Washington Bank reported 493 shares or 0.01% of all its holdings. First Bank & Trust Sioux Falls last reported 18 shares in the company. Euclid Advsr Limited Liability has 8,783 shares for 0.04% of their US portfolio. Moreover, Susquehanna Llp has 0.01% invested in Expedia Inc (NASDAQ:EXPE) for 169,033 shares. Dg Management holds 12,315 shares or 1.4% of its portfolio. Birinyi Assoc has invested 0.23% of its portfolio in Expedia Inc (NASDAQ:EXPE). Blackrock Grp holds 0.05% of its portfolio in Expedia Inc (NASDAQ:EXPE) for 918,473 shares. Ivory Inv Management Limited Liability holds 5.12% or 1.74 million shares in its portfolio. Parkwood Ltd Liability accumulated 0.04% or 2,449 shares. Mirae Asset Global Invs Limited holds 0.02% or 8,091 shares in its portfolio. Moreover, Zurcher Kantonalbank (Zurich Cantonalbank) has 0.02% invested in Expedia Inc (NASDAQ:EXPE) for 15,138 shares. Espalier Mngmt last reported 2.49% of its portfolio in the stock. Middleton Com Incorporated Ma has 1,897 shares for 0.05% of their US portfolio. State Bank Of Nova Scotia holds 2,364 shares or 0% of its portfolio.

Expedia, Inc. is an online travel company. The company has a market cap of $17.90 billion. The Firm makes travel services and products available, on a standalone and package basis, provided by various lodging properties, airlines, car rental companies, destination service providers, cruise lines and other travel product and service companies. It has a 78.68 P/E ratio. The Company’s Core OTA segment 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 throughout the world, Orbitz.com, Expedia Affiliate Network, Hotwire.com, Travelocity, Venere, Wotif Group, CarRentals.com, and Classic Vacations.

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