Based on the recent data and market analysis, here's a concise assessment of EXPE stock:
Technical Analysis
The stock is showing a bullish momentum with RSI at 67.59, indicating moderate strength but not yet overbought. The MACD is positive at 5.48 with a bullish histogram, suggesting continued upward momentum.
Recent Developments
- Chief Legal Officer Robert Dzielak sold 4,869 shares at $203 per share on February 12
- Multiple analysts have raised their price targets:
- Citi: $217
- BMO: $190
- DA Davidson: $205
- Susquehanna: $205
Market Sentiment
The stock has shown strong performance with positive momentum in the services sector, gaining 2.6% in recent trading. BofA Securities maintains a bullish outlook with a price target of $250, citing improved brand execution under new management.
Recommendation
SELL. While the company shows strong fundamentals and positive analyst sentiment, the stock appears to be approaching resistance levels around $205-$210. With multiple insider sales and the stock trading near recent highs, this presents a good opportunity to take profits.