Shares of The Priceline Group Inc. (PCLN) Sees Large Inflow of Net Money Flow

The Priceline Group Inc. (PCLN) dropped by -0.33 or -5.24 points during the last session to $1569.89 per share. One of the highlights of the day was the net money flow figure, which stood at $6.72 million even as the stock accepted $108.74 million in upticks but rejected $102.02 million in downticks. The up/down ratio for the last observation was a 1.07. The 1-week percentage change for the stock price is registered at -2.06%.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

The Priceline Group Inc. has dropped 0.22% in the last five trading days, however, the shares have posted positive gains of 7.45% in the last 4 weeks. The Priceline Group Inc. is up 6.86% in the last 3-month period. Year-to-Date the stock performance stands at 7.45%. The Priceline Group Inc. (NASDAQ:PCLN) rose 0.01% or 0.18 points on Wednesday and made its way into the gainers of the day. After trading began at $1584.09 the stock was seen hitting $1586.59 as a peak level and $1562.86 as the lowest level. The stock ended up at $1575.31. The daily volume was measured at 330,688 shares. The 52-week high of the share price is $1605.47 and the 52-week low is $954.02. The company has a market cap of $77,734 million.

Company has reported several Insider transactions to the SEC, on Jan 19, 2017, Gillian Tans (President & CEO, Booking.com) sold 131 shares at 1,544.00 per share price.On Jan 4, 2017, Glenn D Fogel (CEO and President) sold 1,000 shares at 1,488.12 per share price.On Jan 4, 2017, Jeffery H Boyd (Exec Chairman of the Board) sold 3,000 shares at 1,477.63 per share price.

Priceline Group Inc Last issued its quarterly earnings results on Nov 7, 2016. The company reported $31.18 EPS for the quarter, beating the analyst consensus estimate by $ 1.26. Analyst had a consensus of $29.92. The company had revenue of $3690.60 million for the quarter, compared to analysts expectations of $3610.54 million. The companys revenue was up 18.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $25.35 EPS.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Priceline Group Inc was Initiated by Miller Tabak on Jan 18, 2017 to Buy, Price Target of the shares are set at $1750.Priceline Group Inc was Resumed by Credit Suisse to Outperform on Jan 11, 2017. Priceline Group Inc was Initiated by Citigroup to Buy on Jan 10, 2017. Priceline Group Inc was Initiated by Needham on Jan 4, 2017 to Buy, Price Target of the shares are set at $1800.Priceline Group Inc was Initiated by CLSA on Dec 8, 2016 to Buy, Price Target of the shares are set at $1900.

Priceline.com Incorporated has pioneered a unique e-commerce pricing system known as a demand collection system that enables consumers to use the Internet to save money on a wide range of products and services while enabling sellers to generate incremental revenue. Using a simple and compelling consumer proposition – Name Your Own Price – priceline.com collects consumer demand, in the form of individual customer offers guaranteed by a credit card, for a particular product or service at a price set by the customer.

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