Meeder Asset Management Inc. Buys Shares of 183 Priceline Group Inc (PCLN)
Meeder Asset Management Inc. bought a new position in shares of Priceline Group Inc (NASDAQ:PCLN) in the fourth quarter, HoldingsChannel reports. The firm bought 183 shares of the business services provider’s stock, valued at approximately $318,000.
A number of other hedge funds and other institutional investors have also bought and sold shares of PCLN. Horan Capital Advisors LLC. bought a new stake in Priceline Group during the 3rd quarter worth approximately $103,000. SeaCrest Wealth Management LLC bought a new position in shares of Priceline Group during the 4th quarter worth approximately $123,000. Mountain Capital Investment Advisors Inc bought a new position in shares of Priceline Group during the 2nd quarter worth approximately $133,000. Fieldpoint Private Securities LLC grew its stake in shares of Priceline Group by 626.7% during the 3rd quarter. Fieldpoint Private Securities LLC now owns 109 shares of the business services provider’s stock worth $200,000 after acquiring an additional 94 shares in the last quarter. Finally, Gilder Gagnon Howe & Co. LLC bought a new position in shares of Priceline Group during the 4th quarter worth approximately $200,000. 93.97% of the stock is owned by institutional investors and hedge funds.
In other news, CEO Gillian Tans sold 123 shares of the stock in a transaction that occurred on Wednesday, November 15th. The stock was sold at an average price of $1,715.78, for a total value of $211,040.94. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Jan L. Docter sold 1,200 shares of the firm’s stock in a transaction on Wednesday, November 22nd. The shares were sold at an average price of $1,764.52, for a total value of $2,117,424.00. Following the sale, the director now directly owns 142 shares of the company’s stock, valued at approximately $250,561.84. The disclosure for this sale can be found here. In the last three months, insiders sold 1,567 shares of company stock valued at $2,780,310. 0.24% of the stock is currently owned by insiders.
Shares of Priceline Group Inc (NASDAQ PCLN) opened at $1,765.00 on Friday. The company has a market capitalization of $86,079.05, a P/E ratio of 23.71, a PEG ratio of 1.31 and a beta of 1.38. The company has a quick ratio of 2.52, a current ratio of 2.52 and a debt-to-equity ratio of 0.68. Priceline Group Inc has a twelve month low of $1,612.41 and a twelve month high of $2,067.99.
ILLEGAL ACTIVITY NOTICE: “Meeder Asset Management Inc. Buys Shares of 183 Priceline Group Inc (PCLN)” was reported by Watch List News and is owned by of Watch List News. If you are accessing this story on another site, it was stolen and republished in violation of U.S. and international trademark & copyright law. The original version of this story can be viewed at https://www.watchlistnews.com/meeder-asset-management-inc-buys-shares-of-183-priceline-group-inc-pcln/1859342.html.
Priceline Group Company Profile
The Priceline Group Inc is a provider of travel and restaurant online reservation and related services. The Company, through its online travel companies (OTCs), connects consumers wishing to make travel reservations with providers of travel services across the world. It offers consumers an array of accommodation reservations (including hotels, bed and breakfasts, hostels, apartments, vacation rentals and other properties) through its Booking.com, priceline.com and agoda.com brands.
Want to see what other hedge funds are holding PCLN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Priceline Group Inc (NASDAQ:PCLN).
Receive News & Ratings for Priceline Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Priceline Group and related companies with MarketBeat.com's FREE daily email newsletter.