Why Matthew Miau Unloaded 2,000 Shares of SYNNEX (SNX)?; Thornburg Investment Management Has Upped Its Expedia (EXPE) Stake

Expedia Group, Inc. (NASDAQ:EXPE) Logo

Thornburg Investment Management Inc increased Expedia Inc (EXPE) stake by 4.85% reported in 2017Q4 SEC filing. Thornburg Investment Management Inc acquired 15,005 shares as Expedia Inc (EXPE)’s stock declined 12.14%. The Thornburg Investment Management Inc holds 324,401 shares with $38.85M value, up from 309,396 last quarter. Expedia Inc now has $16.28B valuation. The stock increased 0.05% or $0.05 during the last trading session, reaching $107.25. About 91,354 shares traded. Expedia Group, Inc. (NASDAQ:EXPE) has declined 17.38% since April 16, 2017 and is downtrending. It has underperformed by 28.93% the S&P500.

SYNNEX Corporation (NYSE:SNX) Ratings Coverage

Among 11 analysts covering SYNNEX (NYSE:SNX), 6 have Buy rating, 2 Sell and 3 Hold. Therefore 55% are positive. SYNNEX has $152.0 highest and $86 lowest target. $129.88’s average target is 25.28% above currents $103.67 stock price. SYNNEX had 34 analyst reports since August 20, 2015 according to SRatingsIntel. As per Monday, April 2, the company rating was maintained by Stifel Nicolaus. Needham maintained it with “Buy” rating and $13500 target in Monday, April 2 report. The rating was upgraded by Stifel Nicolaus on Wednesday, April 12 to “Buy”. Citigroup maintained the shares of SNX in report on Tuesday, September 26 with “Neutral” rating. The firm has “Strong Buy” rating by Raymond James given on Friday, May 19. Brean Capital maintained SYNNEX Corporation (NYSE:SNX) rating on Friday, September 25. Brean Capital has “Buy” rating and $97 target. The stock of SYNNEX Corporation (NYSE:SNX) earned “Hold” rating by Zacks on Thursday, August 27. The company was reinitiated on Friday, June 24 by Needham. The rating was maintained by Citigroup with “Hold” on Wednesday, January 10. The rating was reinitiated by Needham on Tuesday, September 29 with “Hold”.

SYNNEX Corporation provides business process services to resellers, system integrators, retailers, and original equipment manufacturers in North and South America, the Asia-Pacific, Europe, and internationally. The company has market cap of $4.16 billion. It operates in two divisions, Technology Solutions and Concentrix. It has a 15.8 P/E ratio. The Technology Solutions segment distributes peripherals; information technology systems, including data center server and storage solutions; system components; software; networking/communications/security equipment; consumer electronics; and complementary products.

The stock increased 0.48% or $0.5 during the last trading session, reaching $103.67. About 6,032 shares traded. SYNNEX Corporation (NYSE:SNX) has declined 2.88% since April 16, 2017 and is downtrending. It has underperformed by 14.43% the S&P500.

Since December 12, 2017, it had 0 insider buys, and 23 sales for $211.85 million activity. MIAU MATTHEW sold $101,839 worth of stock or 1,000 shares. $206,865 worth of stock was sold by Zulberti Andrea M on Friday, January 12. 300 shares were sold by Witt Marshall, worth $30,096. The insider MURAI KEVIN M sold $265,489. POLK DENNIS also sold $246,030 worth of SYNNEX Corporation (NYSE:SNX) on Thursday, March 1. On Friday, January 19 LAROCQUE PETER sold $1.08M worth of SYNNEX Corporation (NYSE:SNX) or 8,000 shares. $36,577 worth of SYNNEX Corporation (NYSE:SNX) was sold by Wurster Thomas S.

director Matthew Miau of Synnex Corp, sold 2,000 of the California-based Synnex Corp shares worth approx. $208,296 U.S Dollars with an average of $104.1 per share price. In the last month, he also unloaded 4,500 shares that are worth about $455,496 USD. Matthew Miau presently owns 5.58 million shares or 13.92% of Synnex Corp’s market cap.

Investors sentiment decreased to 1 in 2017 Q4. Its down 0.08, from 1.08 in 2017Q3. It turned negative, as 24 investors sold SYNNEX Corporation shares while 81 reduced holdings. 34 funds opened positions while 71 raised stakes. 28.39 million shares or 0.02% more from 28.38 million shares in 2017Q3 were reported. Orrstown Financial Svcs Inc accumulated 20 shares. The California-based Aperio Gru Limited Liability Com has invested 0.01% in SYNNEX Corporation (NYSE:SNX). Grantham Mayo Van Otterloo And Co Limited Liability owns 4,800 shares for 0% of their portfolio. Globeflex Capital Lp reported 17,912 shares. American Century Companies holds 0% of its portfolio in SYNNEX Corporation (NYSE:SNX) for 33,923 shares. Advsrs Asset Mngmt reported 3,224 shares or 0.01% of all its holdings. Cap Fincl Advisers Limited Liability Co invested in 0.01% or 8,042 shares. Shellback L P has invested 1.42% in SYNNEX Corporation (NYSE:SNX). Jacobs Levy Equity Mngmt Inc has invested 0.23% in SYNNEX Corporation (NYSE:SNX). Janney Montgomery Scott Ltd Limited Liability Company reported 3,018 shares or 0% of all its holdings. Bancshares Of New York Mellon holds 0.01% or 381,398 shares in its portfolio. Texas Permanent School Fund holds 0.03% or 19,721 shares in its portfolio. Citigroup invested in 5,621 shares. State Street has 993,869 shares for 0.01% of their portfolio. Los Angeles Capital Mngmt And Equity Research accumulated 29,226 shares.

Investors sentiment decreased to 1.06 in 2017 Q4. Its down 0.37, from 1.43 in 2017Q3. It is negative, 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. X Ltd Llc accumulated 4,295 shares. Janney Montgomery Scott Limited Liability Company stated it has 21,452 shares or 0.03% of all its holdings. Great West Life Assurance Can holds 0.05% or 188,208 shares in its portfolio. Stifel Corporation invested in 157,131 shares. The New York-based Senator Lp has invested 3.56% in Expedia Group, Inc. (NASDAQ:EXPE). Diker Lc reported 5,000 shares stake. Aqr Management Ltd Liability has 33,483 shares. Comerica Bancshares holds 0.04% in Expedia Group, Inc. (NASDAQ:EXPE) or 40,728 shares. New Mountain Vantage Advisers Ltd reported 388,046 shares. Credit Suisse Ag has invested 0.05% of its portfolio in Expedia Group, Inc. (NASDAQ:EXPE). Voloridge reported 91,916 shares stake. Jane Street Grp Ltd holds 0% of its portfolio in Expedia Group, Inc. (NASDAQ:EXPE) for 9,189 shares. 8,254 were reported by Creative Planning. Artisan Ltd Partnership accumulated 0.29% or 1.28 million shares. America First Invest Advisors Limited Liability Company has 0% invested in Expedia Group, Inc. (NASDAQ:EXPE).

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. Barclays Capital maintained the stock with “Overweight” rating in Friday, July 29 report. Citigroup maintained the stock with “Buy” rating in Friday, October 27 report. The firm has “Positive” rating by Susquehanna given on Thursday, October 20. Benchmark maintained it with “Buy” rating and $125 target in Tuesday, February 9 report. Deutsche Bank maintained the shares of EXPE in report on Tuesday, October 24 with “Buy” rating. The firm earned “Outperform” rating on Friday, July 31 by RBC Capital Markets. The stock of Expedia Group, Inc. (NASDAQ:EXPE) has “Buy” rating given on Tuesday, July 25 by Wells Fargo. The company was upgraded on Thursday, November 5 by Oppenheimer. The firm has “Hold” rating by Stifel Nicolaus given on Wednesday, August 30. The stock has “Buy” rating by Cantor Fitzgerald on Wednesday, May 31.

Thornburg Investment Management Inc decreased Commerzbank Ag (CRZBY) stake by 54,520 shares to 2.89M valued at $43.11M in 2017Q4. It also reduced Brf Sa (NYSE:BRFS) stake by 257,265 shares and now owns 1.31M shares. Omron Corp (OMRNY) was reduced too.

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