Expedia (EXPE) Shareholder Crosslink Capital INC Has Lowered Its Holding by $7.11 Million as Stock Price Rose

January 23, 2018 - By Peter Erickson

Investors sentiment increased to 1.43 in 2017 Q3. Its up 0.14, from 1.29 in 2017Q2. It is positive, as 42 investors sold EXPE shares while 152 reduced holdings. 84 funds opened positions while 193 raised stakes. 124.65 million shares or 0.14% more from 124.48 million shares in 2017Q2 were reported. Laffer Investments owns 13,545 shares. Dimensional Fund Advisors Ltd Partnership has 0.03% invested in Expedia, Inc. (NASDAQ:EXPE) for 455,086 shares. Tennessee-based Barnett And has invested 0.01% in Expedia, Inc. (NASDAQ:EXPE). 3,925 are owned by Amer National Registered Advisor. Fuller And Thaler Asset Mgmt reported 700 shares or 0% of all its holdings. Garde invested in 0.11% or 4,040 shares. Geode Cap Limited Com reported 1.28M shares or 0.07% of all its holdings. Great West Life Assurance Can invested 0.03% in Expedia, Inc. (NASDAQ:EXPE). Alliancebernstein LP invested 0.03% of its portfolio in Expedia, Inc. (NASDAQ:EXPE). Stifel Corp has 132,369 shares for 0.07% of their portfolio. The Wisconsin-based State Of Wisconsin Invest Board has invested 0.11% in Expedia, Inc. (NASDAQ:EXPE). Asset Inc invested in 0.12% or 5,100 shares. Carroll Finance Associate Inc invested 0% of its portfolio in Expedia, Inc. (NASDAQ:EXPE). Proshare Advisors Lc invested in 0.08% or 60,647 shares. Kayne Anderson Rudnick Mgmt Ltd Co holds 14,500 shares or 0.02% of its portfolio.

Seymour Sy Kaufman decreased its stake in Expedia (EXPE) by 19.38% based on its latest 2017Q3 regulatory filing with the SEC. Crosslink Capital Inc sold 49,710 shares as the company’s stock rose 18.57% with the market. The hedge fund run by Seymour Sy Kaufman held 206,832 shares of the consumer services company at the end of 2017Q3, valued at $29.77M, down from 256,542 at the end of the previous reported quarter. Crosslink Capital Inc who had been investing in Expedia for a number of months, seems to be less bullish one the $19.55 billion market cap company. The stock increased 1.52% or $1.92 during the last trading session, reaching $128.19. About 1.51M shares traded. Expedia, Inc. (NASDAQ:EXPE) has risen 30.43% since January 23, 2017 and is uptrending. It has outperformed by 13.73% the S&P500.

Crosslink Capital Inc, which manages about $2.09B and $589.12 million US Long portfolio, upped its stake in Electronic Arts (NASDAQ:EA) by 29,510 shares to 165,470 shares, valued at $19.54 million in 2017Q3, according to the filing. It also increased its holding in Class A by 718,082 shares in the quarter, for a total of 1.40M shares, and has risen its stake in Zendesk Inc (NYSE:ZEN).

Analysts await Expedia, Inc. (NASDAQ:EXPE) to report earnings on February, 8. They expect $0.94 earnings per share, down 3.09 % or $0.03 from last year’s $0.97 per share. EXPE’s profit will be $143.34 million for 34.09 P/E if the $0.94 EPS becomes a reality. After $2.49 actual earnings per share reported by Expedia, Inc. for the previous quarter, Wall Street now forecasts -62.25 % negative EPS growth.

More news for Expedia, Inc. (NASDAQ:EXPE) were recently published by: Seekingalpha.com, which released: “A Bottom-Up Analysis Of Expedia” on January 02, 2018. Seekingalpha.com‘s article titled: “Morgan Stanley upgrades Expedia on overseas, vacation rental potential” and published on January 11, 2018 is yet another important article.

Expedia, Inc. (NASDAQ:EXPE) Ratings Coverage

Among 36 analysts covering Expedia Inc. (NASDAQ:EXPE), 27 have Buy rating, 0 Sell and 9 Hold. Therefore 75% are positive. Expedia Inc. has $190 highest and $27 lowest target. $150.25’s average target is 17.21% above currents $128.19 stock price. Expedia Inc. had 106 analyst reports since July 24, 2015 according to SRatingsIntel. Piper Jaffray maintained Expedia, Inc. (NASDAQ:EXPE) rating on Friday, July 28. Piper Jaffray has “Buy” rating and $17300 target. As per Wednesday, January 10, the company rating was upgraded by Morgan Stanley. The rating was maintained by Stifel Nicolaus on Wednesday, August 30 with “Hold”. The stock of Expedia, Inc. (NASDAQ:EXPE) has “Buy” rating given on Friday, October 27 by UBS. Miller Tabak initiated it with “Buy” rating and $150 target in Wednesday, January 18 report. Susquehanna initiated the stock with “Positive” rating in Thursday, October 20 report. JP Morgan maintained the shares of EXPE in report on Monday, October 30 with “Neutral” rating. The firm has “Outperform” rating by RBC Capital Markets given on Thursday, February 11. The firm has “Outperform” rating by Wells Fargo given on Monday, January 25. The rating was maintained by Oppenheimer with “Buy” on Wednesday, July 19.

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