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Falcon Edge Capital LP Has Cut By $15.08 Million Its Expedia Del (EXPE) Position; Pegasystems, Inc. (PEGA) Had 5 Analysts Last Week

Among 6 analysts covering Pegasystems (NASDAQ:PEGA), 5 have Buy rating, 0 Sell and 1 Hold. Therefore 83% are positive. Pegasystems had 17 analyst reports since September 11, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Tuesday, October 24 by Wedbush. The stock of Pegasystems, Inc. (NASDAQ:PEGA) earned “Outperform” rating by Wedbush on Wednesday, December 21. On Tuesday, June 6 the stock rating was maintained by Wedbush with “Buy”. As per Thursday, January 26, the company rating was maintained by Wedbush. The rating was maintained by Benchmark with “Buy” on Tuesday, June 6. JMP Securities initiated the stock with “Mkt Outperform” rating in Friday, September 11 report. The stock of Pegasystems, Inc. (NASDAQ:PEGA) earned “Neutral” rating by Sidoti on Monday, November 14. The rating was maintained by Benchmark on Friday, February 26 with “Hold”. The firm earned “Outperform” rating on Friday, February 24 by Wedbush. The company was maintained on Wednesday, October 28 by Benchmark. See Pegasystems, Inc. (NASDAQ:PEGA) latest ratings:

04/12/2017 Broker: MUFG Securities Americas Inc Rating: Buy New Target: $60.0
09/11/2017 Broker: Wedbush Rating: Buy New Target: $66.0 Maintain
24/10/2017 Broker: Wedbush Rating: Buy New Target: $66.0 Maintain
10/08/2017 Broker: Mitsubishi UFJ Rating: Buy New Target: $57.0000 Maintain

Falcon Edge Capital Lp decreased Expedia Inc Del (EXPE) stake by 49.9% reported in 2017Q2 SEC filing. Falcon Edge Capital Lp sold 101,900 shares as Expedia Inc Del (EXPE)’s stock rose 18.57%. The Falcon Edge Capital Lp holds 102,300 shares with $15.24M value, down from 204,200 last quarter. Expedia Inc Del now has $18.09B valuation. The stock increased 0.70% or $0.82 during the last trading session, reaching $118.65. About 1.15M shares traded. Expedia, Inc. (NASDAQ:EXPE) has risen 30.43% since December 12, 2016 and is uptrending. It has outperformed by 13.73% the S&P500.

Analysts await Expedia, Inc. (NASDAQ:EXPE) to report earnings on February, 8. They expect $0.94 EPS, down 3.09% or $0.03 from last year’s $0.97 per share. EXPE’s profit will be $143.35M for 31.56 P/E if the $0.94 EPS becomes a reality. After $2.49 actual EPS reported by Expedia, Inc. for the previous quarter, Wall Street now forecasts -62.25% negative EPS growth.

Among 36 analysts covering Expedia Inc. (NASDAQ:EXPE), 25 have Buy rating, 0 Sell and 11 Hold. Therefore 69% are positive. Expedia Inc. had 103 analyst reports since July 24, 2015 according to SRatingsIntel. The rating was initiated by Wells Fargo on Monday, January 25 with “Outperform”. The stock of Expedia, Inc. (NASDAQ:EXPE) has “Neutral” rating given on Thursday, December 7 by M Partners. RBC Capital Markets maintained Expedia, Inc. (NASDAQ:EXPE) rating on Friday, July 31. RBC Capital Markets has “Outperform” rating and $140 target. The stock has “Buy” rating by Benchmark on Tuesday, February 9. The company was maintained on Tuesday, October 24 by Deutsche Bank. On Wednesday, January 11 the stock rating was reinitiated by Credit Suisse with “Outperform”. The company was downgraded on Friday, October 27 by Bank of America. Piper Jaffray maintained Expedia, Inc. (NASDAQ:EXPE) rating on Friday, July 28. Piper Jaffray has “Buy” rating and $17300 target. The firm has “Buy” rating by Wells Fargo given on Wednesday, September 6. The stock of Expedia, Inc. (NASDAQ:EXPE) earned “Buy” rating by SunTrust on Wednesday, October 4.

Investors sentiment increased to 1.43 in Q2 2017. Its up 0.14, from 1.29 in 2017Q1. It is positive, as 44 investors sold EXPE shares while 157 reduced holdings. 90 funds opened positions while 170 raised stakes. 124.48 million shares or 4.08% more from 119.60 million shares in 2017Q1 were reported. Swiss Fincl Bank stated it has 450,370 shares. Frontier Cap Management Ltd Limited Liability Company has invested 0.81% in Expedia, Inc. (NASDAQ:EXPE). 501,261 are owned by Victory Cap Mngmt. Thompson Davis & stated it has 298 shares or 0.07% of all its holdings. Castleark Mngmt Limited Liability Corporation invested in 1,710 shares. Scout Investments stated it has 0.45% in Expedia, Inc. (NASDAQ:EXPE). The Ohio-based Sequoia Financial Limited Liability has invested 0.57% in Expedia, Inc. (NASDAQ:EXPE). Livforsakringsbolaget Skandia Omsesidigt owns 2,337 shares or 0.03% of their US portfolio. 1,039 were reported by Bessemer Gru. Fmr Lc reported 0.05% in Expedia, Inc. (NASDAQ:EXPE). Commerzbank Aktiengesellschaft Fi reported 68,263 shares stake. Ubs Oconnor Limited Liability Company reported 178,826 shares. Kornitzer Mgmt Ks accumulated 0.39% or 150,552 shares. Pacific Glob Investment Mgmt Co reported 2,649 shares stake. Guggenheim Capital Ltd Com holds 0.16% or 408,962 shares in its portfolio.

Since June 16, 2017, it had 0 buys, and 2 selling transactions for $828,007 activity. The insider KRA DOUGLAS I sold $814,950. On Friday, June 16 the insider KOUNINIS EFSTATHIOS A sold $13,057.

Pegasystems, Inc. develops, markets, licenses, and software applications for marketing, sales, service, and activities in the United States and internationally. The company has market cap of $3.86 billion. It provides Pega Platform, a platform that enables clients to build enterprise applications. It has a 90.18 P/E ratio. The firm also offers customer relationship management applications, including Pega Marketing that enable enterprises to enhance customer experiences across inbound and outbound channels; Pega sales automation applications to automate and manage the sales process from prospecting to product fulfillment; Pega customer service applications to contact center desktop, case management for customer service, mobile field service, digital, self-service, and industry specific processes and data models; and activities applications to support exceptions and investigations, order fulfillment, claims processing, insurance underwriting, and product development, as well as risk, fraud, and compliance management.

Investors sentiment decreased to 1.07 in 2017 Q2. Its down 0.11, from 1.18 in 2017Q1. It worsened, as 16 investors sold Pegasystems, Inc. shares while 50 reduced holdings. 34 funds opened positions while 44 raised stakes. 33.44 million shares or 2.16% more from 32.73 million shares in 2017Q1 were reported. State Street Corp stated it has 0% of its portfolio in Pegasystems, Inc. (NASDAQ:PEGA). Financial Bank Of America Corp De reported 0% in Pegasystems, Inc. (NASDAQ:PEGA). 5,050 are owned by Bnp Paribas Arbitrage Sa. Public Employees Retirement Association Of Colorado reported 9,449 shares. Ftb Advsrs Inc invested in 203 shares. Peak6 Investments Lp holds 0% or 4,411 shares. Ranger Investment Mgmt Limited Partnership has invested 3.96% in Pegasystems, Inc. (NASDAQ:PEGA). Prudential Fin Inc holds 0% or 4,696 shares in its portfolio. New York-based Horizon Kinetics Limited Liability Company has invested 0.01% in Pegasystems, Inc. (NASDAQ:PEGA). Brandywine Managers Limited, Delaware-based fund reported 6,500 shares. American Gp owns 22,740 shares. Strs Ohio owns 19,900 shares. 106,600 are held by California Pub Employees Retirement Sys. Aqr Cap Management Lc stated it has 0% of its portfolio in Pegasystems, Inc. (NASDAQ:PEGA). Menta Ltd Co holds 7,000 shares.

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