River Road Asset Management LLC reduced its position in LIBERTY EXPED-A (NASDAQ:LEXEA) by 6.3% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 835,107 shares of the technology company’s stock after selling 55,880 shares during the period. River Road Asset Management LLC owned approximately 1,458,702.18% of LIBERTY EXPED-A worth $44,353,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds have also recently added to or reduced their stakes in the company. Oppenheimer Asset Management Inc. raised its holdings in LIBERTY EXPED-A by 118.1% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 1,943 shares of the technology company’s stock worth $105,000 after purchasing an additional 1,052 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank bought a new position in LIBERTY EXPED-A in the 2nd quarter worth $106,000. Sei Investments Co. bought a new position in LIBERTY EXPED-A in the 2nd quarter worth $201,000. M&T Bank Corp bought a new position in LIBERTY EXPED-A in the 2nd quarter worth $207,000. Finally, Balasa Dinverno & Foltz LLC bought a new stake in LIBERTY EXPED-A during the third quarter valued at about $210,000. Hedge funds and other institutional investors own 82.84% of the company’s stock.
Separately, FBN Securities cut LIBERTY EXPED-A from an “outperform” rating to a “sector perform” rating in a report on Monday, November 6th. They noted that the move was a valuation call.
LIBERTY EXPED-A (NASDAQ:LEXEA) traded up $0.42 during trading hours on Friday, reaching $46.09. The company’s stock had a trading volume of 431,193 shares, compared to its average volume of 379,179. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 0.21. LIBERTY EXPED-A has a twelve month low of $35.96 and a twelve month high of $58.20.
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About LIBERTY EXPED-A
Liberty Expedia Holdings, Inc is a holding company. The Company holds interests in Expedia, Inc (Expedia) and Bodybuilding.com, LLC (Bodybuilding). The Company’s segments include Bodybuilding and Expedia. Bodybuilding is an Internet retailer of sports, fitness and nutritional supplements. Expedia provides travel and services to leisure and corporate travelers in the United States and abroad, as well as various media and advertising offerings to travel and non-travel advertisers.
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