Tue, Nov. 22, 3:33 PM
- Looking at the top 50 hedge fund hotels, it's probably little surprise that Amazon (NASDAQ:AMZN) and Facebook (NASDAQ:FB) top the list, with Amazon making for a top 10 holding in 61 funds, and Facebook in 57.
- Rounding out the top 10 are Charter Communications (NASDAQ:CHTR), Alphabet (GOOG, GOOGL), Apple (NASDAQ:AAPL), Microsoft (NASDAQ:MSFT), Yahoo (NASDAQ:YHOO), Allergan (NYSE:AGN), Bank of America (NYSE:BAC), and Priceline (NASDAQ:PCLN).
- Looking at another gauge - the percent of market cap owned by hedge funds - shows CommScope (NASDAQ:COMM) leading the way, with hedge funds owning 37%. Next is Dell Technologies (NYSE:DVMT) and Expedia (NASDAQ:EXPE) at 30%, and after that: Liberty Broadband (NASDAQ:LBRDK) at 24%, LinkedIn (NYSE:LNKD) at 21%, Constellation Brands (NYSE:STZ) at 20%, and Humana (NYSE:HUM) and WhiteWave Foods (NYSE:WWAV) at 19%.
- Previously: Goldman's list of shorts mattering most to hedge funds (Nov. 22)
Tue, Nov. 15, 9:24 AM
Mon, Nov. 14, 5:20 PM
- Trivago (TRVG) files for an IPO on the Nasdaq.
- The company will sell Class A shares to the public, while Expedia (NASDAQ:EXPE) will control the Class B shares.
- Trivago on its scale: "We have achieved significant scale, with approximately 1.3 million hotels available on our platform as of September 30, 2016, supported by 55 localized versions of our website served in 33 languages. Additionally, we believe we work with almost all significant international, regional and local OTAs."
- Total Trivago revenue in 2015 was $536M and an operating loss of $52M was reported.
- SEC Form F-1
Thu, Oct. 27, 4:06 PM
Wed, Oct. 26, 5:35 PM
- ACTG, AFL, AIV, AJG, ALDR, ALEX, ALJ, AMCC, AMGN, AMZN, ARAY, ARII, ASGN, ATEN, ATR, ATRC, AUY, AZPN, BGS, BIDU, BMRN, BOFI, BOOM, BSAC, BVN, CA, CATM, CBI, CBL, CEMP, CENX, CHDN, CLD, CLMS, CNMD, COLM, COWN, CPT, CRUS, CUBE, CXP, CY, DECK, DGII, DLR, ECOL, EGO, EHTH, ELLI, EMN, ESS, EXPE, FET, FII, FIX, FLEX, FLS, FORM, FPO, FR, FTNT, FTV, GIMO, GOOG, HBI, HIG, HLS, HTH, IART, IM, INT, INVA, IPHS, ISBC, ITGR, KAMN, KIM, KONA, KRG, LEG, LNKD, LOGM, MAA, MAC, MCK, MLNX, MOBL, MOH, MSA, MSTR, NANO, NATI, NGD, NR, NSIT, NSR, OFC, OII, OIS, OMCL, OSIS, PDFS, PEB, PFG, PKD, POWI, PSMT, PXLW, RGC, RSG, SGEN, SHOR, SIMO, SKYW, SMCI, SNMX, SPNC, SPSC, SRCL, SSD, SSNC, STRZA, SYK, SYNA, TDOC, TEAM, TFSL, TGB, TLGT, TMST, VCRA, VDSI, VR, VRSN, WRE, WRI, WSFS, YRCW
Thu, Oct. 20, 7:14 AM
- Pacific Crest upgrades Expedia (NASDAQ:EXPE) to an Overweight rating after having the online travel stock set at Sector Perform.
- The investment firm assigns a price target of $160 on EXPE.
- Analyst Brad Erickson points to strength in the HomeAway platform in making the bull call.
- Pac Crest on the Expedia financials: "We are forecasting a 21% three-year revenue CAGR from 2015-2018; we expect some leverage from lower tech & content and G&A costs to drive faster EBITDA and earnings growth of 27% and 28%, respectively."
- EXPE +1.54% premarket to $126.61 vs. a 52-week trading range of $88.40 to $140.51.
Mon, Sep. 26, 4:11 PM
Fri, Sep. 16, 9:07 AM
- Expedia (NASDAQ:EXPE) has picked JP Morgan, Goldman Sachs and Morgan Stanley as global coordinators for its planned IPO of Trivago, sources tell Reuters.
- The IPO will likely take place this year or early 2017.
- Citi, Bank of America and Deutsche Bank are bookrunners.
- CEO Dara Khosrowshahi told investors in July that management and Trivago's founding team had agreed to an IPO to value Trivago as a stand-alone company.
- Expedia also said that Trivago had generated revenue of more than $660M on a trailing 12-month basis and that revenue had grown sixfold since it acquired Trivago in 2012.
Tue, Aug. 23, 8:19 AM
Tue, Aug. 16, 11:01 AM| Tue, Aug. 16, 11:01 AM | 4 Comments
Mon, Aug. 15, 2:05 PM| Mon, Aug. 15, 2:05 PM
Fri, Aug. 5, 8:42 AM
- Expedia (NASDAQ:EXPE) is in talks for new space in London for its local headquarters, sources tell Bloomberg.
- Growth in the U.K. is a top priority of the company.
- Shares of Expedia could see some buying action today after Priceline reported a jump in profit for Q2 and issued strong bookings guidance. EXPE +0.74% premarket to $114.35 on light volume.
Fri, Jul. 29, 9:22 AM
Thu, Jul. 28, 5:37 PM
Thu, Jul. 28, 4:12 PM
Wed, Jul. 27, 5:35 PM
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