Alibaba Group Hldg LTD (BABA) Position Held by Whale Rock Capital Management Llc; Bbt Capital Management Has Lifted Its Expedia Del (EXPE) Holding by $2.98 Million

April 17, 2018 - By Hazel Jackson

Expedia Group, Inc. (NASDAQ:EXPE) Logo

Bbt Capital Management Llc increased its stake in Expedia Inc Del (EXPE) by 250% based on its latest 2017Q4 regulatory filing with the SEC. Bbt Capital Management Llc bought 25,000 shares as the company’s stock declined 12.14% with the market. The institutional investor held 35,000 shares of the consumer services company at the end of 2017Q4, valued at $4.19 million, up from 10,000 at the end of the previous reported quarter. Bbt Capital Management Llc who had been investing in Expedia Inc Del for a number of months, seems to be bullish on the $16.57 billion market cap company. The stock increased 1.83% or $1.96 during the last trading session, reaching $109.16. About 1.28M shares traded. Expedia Group, Inc. (NASDAQ:EXPE) has declined 17.38% since April 17, 2017 and is downtrending. It has underperformed by 28.93% the S&P500.

Alex Sacerdote increased its stake in Alibaba Group Hldg Ltd (BABA) by 16.24% based on its latest 2017Q4 regulatory filing with the SEC. Whale Rock Capital Management Llc bought 128,887 shares as the company’s stock rose 3.18% while stock markets declined. The hedge fund run by Alex Sacerdote held 922,429 shares of the business services company at the end of 2017Q4, valued at $159.05 million, up from 793,542 at the end of the previous reported quarter. Whale Rock Capital Management Llc who had been investing in Alibaba Group Hldg Ltd for a number of months, seems to be bullish on the $448.89 billion market cap company. The stock increased 1.55% or $2.66 during the last trading session, reaching $174.7. About 9.88M shares traded. Alibaba Group Holding Limited (NYSE:BABA) has risen 68.29% since April 17, 2017 and is uptrending. It has outperformed by 56.74% the S&P500.

Whale Rock Capital Management Llc, which manages about $1.16B and $2.16 billion US Long portfolio, decreased its stake in Blackline Inc by 509,118 shares to 185,152 shares, valued at $6.07M in 2017Q4, according to the filing. It also reduced its holding in Netease Inc (NASDAQ:NTES) by 46,998 shares in the quarter, leaving it with 159,456 shares, and cut its stake in Lam Research Corp (NASDAQ:LRCX).

Among 38 analysts covering Alibaba (NYSE:BABA), 36 have Buy rating, 1 Sell and 1 Hold. Therefore 95% are positive. Alibaba had 171 analyst reports since August 12, 2015 according to SRatingsIntel. The company was maintained on Monday, January 29 by Morgan Stanley. The firm has “Hold” rating by Standpoint Research given on Thursday, October 29. Needham maintained it with “Buy” rating and $215.0 target in Friday, November 3 report. The company was maintained on Wednesday, August 23 by M Partners. The firm has “Buy” rating given on Thursday, November 3 by Jefferies. Wedbush maintained it with “Neutral” rating and $80 target in Wednesday, October 28 report. Deutsche Bank maintained it with “Buy” rating and $138 target in Thursday, September 29 report. On Wednesday, September 28 the stock rating was maintained by Daiwa Securities with “Buy”. The rating was downgraded by Atlantic Securities to “Overweight” on Thursday, August 13. The firm has “Outperform” rating by RBC Capital Markets given on Friday, August 18.

Investors sentiment decreased to 1.06 in Q4 2017. Its down 0.37, from 1.43 in 2017Q3. It worsened, as 80 investors sold EXPE shares while 162 reduced holdings. 85 funds opened positions while 172 raised stakes. 118.55 million shares or 4.89% less from 124.65 million shares in 2017Q3 were reported. Cohen & Steers Incorporated holds 1,124 shares. 3.09M were accumulated by Winslow Management Limited Company. Peak6 Investments Lp reported 0.02% stake. Glenhill Lc reported 31,945 shares. Profund Advsrs reported 0.22% in Expedia Group, Inc. (NASDAQ:EXPE). Boothbay Fund Mngmt Ltd Liability Corporation has invested 0.43% in Expedia Group, Inc. (NASDAQ:EXPE). Brown Cap Management Limited Liability holds 6,152 shares. Robeco Institutional Asset Mgmt Bv stated it has 2,820 shares. Mitsubishi Ufj & stated it has 0.05% in Expedia Group, Inc. (NASDAQ:EXPE). Glob X Ltd holds 0.01% or 4,295 shares in its portfolio. Dekabank Deutsche Girozentrale accumulated 10,630 shares. Geode Capital Ltd Liability Corp holds 0.05% or 1.35 million shares in its portfolio. Calamos Advsrs Ltd Liability, Illinois-based fund reported 299,711 shares. Waddell Reed Financial Incorporated invested in 27,123 shares. Perkins Coie Tru Com has invested 0.01% of its portfolio in Expedia Group, Inc. (NASDAQ:EXPE).

Bbt Capital Management Llc, which manages about $503.87 million US Long portfolio, decreased its stake in Salesforce Com Inc (NYSE:CRM) by 15,000 shares to 40,000 shares, valued at $4.09M in 2017Q4, according to the filing. It also reduced its holding in Zions Bancorporation (NASDAQ:ZION) by 45,000 shares in the quarter, leaving it with 327,816 shares, and cut its stake in Delta Air Lines Inc Del (NYSE:DAL).

Among 42 analysts covering Expedia Inc. (NASDAQ:EXPE), 28 have Buy rating, 0 Sell and 14 Hold. Therefore 67% are positive. Expedia Inc. had 130 analyst reports since July 24, 2015 according to SRatingsIntel. The company was maintained on Wednesday, March 21 by Cowen & Co. The rating was maintained by Stifel Nicolaus with “Hold” on Friday, October 27. On Friday, August 25 the stock rating was upgraded by Jefferies to “Buy”. The rating was maintained by Benchmark on Monday, October 24 with “Buy”. The stock has “Overweight” rating by KeyBanc Capital Markets on Friday, February 9. The stock of Expedia Group, Inc. (NASDAQ:EXPE) earned “Buy” rating by Brean Capital on Thursday, March 10. The firm has “Buy” rating given on Tuesday, July 25 by Credit Suisse. The stock of Expedia Group, Inc. (NASDAQ:EXPE) earned “Buy” rating by Cowen & Co on Sunday, August 27. SunTrust maintained Expedia Group, Inc. (NASDAQ:EXPE) rating on Wednesday, October 4. SunTrust has “Buy” rating and $190.0 target. On Monday, February 13 the stock rating was maintained by Benchmark with “Buy”.

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

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