Crosslink Capital INC Increased Its Stake in Expedia (EXPE) by $6.61 Million

April 20, 2018 - By Leslie Harms

Expedia Group, Inc. (NASDAQ:EXPE) Corporate LogoBig Money Sentiment decreased to 1.06 in Q4 2017. It has change of 0.37, from 2017Q3’s 1.43. The ratio fall due to EXPE positioning: 80 sold and 162 reduced. 85 funds bought positions and 172 increased positions. Investors holded 124.65 million in 2017Q3 but now own 118.55 million shares or 4.89% less. Moreover, Loomis Sayles & Lp has 0% invested in Expedia Group, Inc. (NASDAQ:EXPE). Comerica Bancshares invested in 0.04% or 40,728 shs. Pacific Global Inv Com reported 2,642 shs stake. Cambridge Investment Rech Advisors Inc reported 5,265 shs. Gateway Investment Advisers Limited Liability Corporation, Ohio-based fund reported 8,977 shs. Envestnet Asset Inc accumulated 10,729 shs. Dimensional Fund Advsr LP owns 0.02% invested in Expedia Group, Inc. (NASDAQ:EXPE) for 459,389 shs. Great West Life Assurance Can holds 0.05% or 188,208 shs in its capital. Graham Ltd Partnership reported 8,008 shs. First Mercantile Trust reported 738 shs stake. Proshare Limited Liability stated it has 82,565 shs or 0.07% of all its holdings. South State Corp stated it has 30,402 shs or 0.39% of all its holdings. Schmidt P J Inv owns 0.07% invested in Expedia Group, Inc. (NASDAQ:EXPE) for 2,017 shs. Missouri-based Scout Invs has invested 0.37% in Expedia Group, Inc. (NASDAQ:EXPE). Livforsakringsbolaget Skandia Omsesidigt, Sweden-based fund reported 1,937 shs.

Based on the latest 2017Q4 regulatory filing with the SEC, Seymour Sy Kaufman upped its stake in Expedia (EXPE) by 26.87%. The company’s stock declined 12.14% with the market as Crosslink Capital Inc bought 55,570 shares. At the end of 2017Q4, the hedge fund run by Seymour Sy Kaufman held 262,402 shares of the consumer services company, priced at $31.43M, up from 206,832 at the end of the previous reported quarter. $16.91B is the market cap of Expedia. EXPE touched $111.37 during the last trading session after $1.09 change.Currently Expedia Group, Inc. is downtrending after 17.38% change in last April 20, 2017. EXPE has 1.63 million shares volume. EXPE underperformed by 28.93% the S&P500.

A portfolio of $2.09 billion and $520.27 million is managed by Crosslink Capital Inc. As it’s registered in SEC filling the stake in Euronet Worldwide (NASDAQ:EEFT) is reduced by 58,390 shares to 107,271 shares. They are valued at $9.04M in 2017Q4. For a total of 371,911 shares it reduced its holding in Carbonite (NASDAQ:CARB) by 941,072 shares in the quarter, and has cut its stake in Interxion (NYSE:INXN).

Expedia Group, Inc. (NASDAQ:EXPE) Ratings Coverage

Total analysts of 24 have positions in Expedia (NASDAQ:EXPE) as follows: 14 rated it a “Buy”, 0 with “Sell” and 10 with “Hold”. The positive are 58%. The firm has $180.0 highest while $101 is the lowest [Target]. The average target $137.61 is 23.56% above the last ($111.37) price. Since October 24, 2017 according to StockzIntelligence Inc Expedia has 40 analyst reports. On Wednesday, March 7 the firm has “Overweight” rating by Barclays Capital given. On Tuesday, March 13 the stock has “Buy” rating by RBC Capital Markets. In Wednesday, March 21 report Cowen & Co maintained the stock with “Buy” rating. In Friday, February 9 report Deutsche Bank maintained it with “Buy” rating and $143.0 target. On Friday, February 9 the firm has “Hold” rating given by Needham. In Wednesday, February 21 report M Partners maintained it with “Neutral” rating and $101 target. On Wednesday, January 3 the rating was upgraded by Bank of America to “Buy”. On Thursday, December 7 the company was downgraded by M Partners. On Friday, February 9 Citigroup maintained Expedia Group, Inc. (NASDAQ:EXPE) rating. Citigroup has “Buy” rating and $140 target. On Friday, January 12 SunTrust maintained Expedia Group, Inc. (NASDAQ:EXPE) with “Buy” rating.

Expedia Group, Inc. (NASDAQ:EXPE) Institutional Investors Chart

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