Alps Advisors Inc. purchased a new stake in shares of Liberty Expedia Holdings Inc (NASDAQ:LEXEA) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 8,783 shares of the technology company’s stock, valued at approximately $466,000.
A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Vanguard Group Inc. acquired a new stake in shares of Liberty Expedia in the second quarter valued at approximately $230,126,000. Principal Financial Group Inc. bought a new position in shares of Liberty Expedia during the second quarter worth approximately $122,587,000. BlackRock Inc. bought a new position in shares of Liberty Expedia during the second quarter worth approximately $119,273,000. Artisan Partners Limited Partnership bought a new position in shares of Liberty Expedia during the second quarter worth approximately $91,454,000. Finally, Janus Henderson Group PLC bought a new position in shares of Liberty Expedia during the second quarter worth approximately $91,152,000. 83.77% of the stock is owned by hedge funds and other institutional investors.
Shares of Liberty Expedia Holdings Inc (NASDAQ:LEXEA) traded down $0.92 on Wednesday, hitting $43.98. The stock had a trading volume of 208,532 shares, compared to its average volume of 262,230. Liberty Expedia Holdings Inc has a one year low of $35.96 and a one year high of $58.20. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.73 and a current ratio of 0.73.
Separately, FBN Securities lowered Liberty Expedia from an “outperform” rating to a “sector perform” rating in a research note on Monday, November 6th. They noted that the move was a valuation call.
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About Liberty Expedia
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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