This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

5 Stocks Insiders Are Snapping Up

Expedia

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

One travel agency services player that insiders are buying a huge amount of stock in is Expedia (EXPE - Get Report). Insiders are buying this stock into strength, since shares are up 23% during the last six months.

Expedia has a market cap of $8.8 billion and an enterprise value of $7.9 billion. This stock trades at a fair valuation, with a trailing price-to-earnings of 32.83 and a forward price-to-earnings of 15.93. Its estimated growth rate for this year is 11.9%, and for next year it's pegged at 18.7%. This is a cash-rich company, since the total cash position on its balance sheet is $1.94 billion and its total debt is $1.25 billion.

A beneficial owner just bought 467,672 shares, or about $25.27 million worth of stock, at $54.04 per share.

From a technical perspective, EXPE is currently trending above both its 50-day and 200-day moving averages, which is bullish. This stock has been uptrending strong for the last four months, with shares soaring higher from its low of $50.16 to its recent high of $68.09 a share. During that uptrend, shares of EXPE have been consistently making higher lows and higher highs, which is bullish technical price action. That move has now pushed shares of EXPE within range of triggering a near-term breakout trade.

If you're bullish on EXPE, then I would look for long-biased trades as long as it's trending above its 50-day at $63.80 and then once it breaks out above some near-term overhead resistance levels at $66.22 to $68.09 a share with high volume. Look for a sustained move or close above those levels with volume that registers near or above its three-month average action of 2.30 million shares. If that breakout hits, then EXPE will set up to enter new 52-week-high territory, which is bullish price action. Some possible upside targets off that breakout are $70 to $75 a share.

2 of 6

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
ZIGO $0.00 0.00%
EXPE $99.10 0.33%
NRP $4.96 -1.20%
MUR $47.04 0.30%
PANL $2.26 0.00%

Markets

DOW 17,841.98 -86.22 -0.48%
S&P 500 2,080.15 -9.31 -0.45%
NASDAQ 4,919.6440 -19.6830 -0.40%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs