Geode Capital Management LLC Trims Stake in Mondee Holdings, Inc. (NASDAQ:MOND)

Geode Capital Management LLC reduced its holdings in Mondee Holdings, Inc. (NASDAQ:MOND) by 14.9% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 768,873 shares of the company’s stock after selling 135,097 shares during the quarter. Geode Capital Management LLC owned 0.88% of Mondee worth $1,069,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Barclays PLC raised its stake in Mondee by 237.2% in the third quarter. Barclays PLC now owns 58,667 shares of the company’s stock valued at $82,000 after purchasing an additional 41,271 shares in the last quarter. Y Intercept Hong Kong Ltd increased its holdings in shares of Mondee by 256.2% in the 3rd quarter. Y Intercept Hong Kong Ltd now owns 56,010 shares of the company’s stock worth $78,000 after buying an additional 40,284 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its position in shares of Mondee by 4.0% during the 2nd quarter. Bank of New York Mellon Corp now owns 123,928 shares of the company’s stock valued at $297,000 after buying an additional 4,774 shares in the last quarter. Hedge funds and other institutional investors own 32.14% of the company’s stock.

Mondee Stock Performance

Shares of NASDAQ:MOND opened at $0.09 on Friday. The firm has a market capitalization of $7.43 million, a PE ratio of -0.07 and a beta of 0.27. Mondee Holdings, Inc. has a 52-week low of $0.02 and a 52-week high of $3.17. The firm has a fifty day moving average of $0.54 and a 200 day moving average of $1.44.

Mondee Profile

Mondee Holdings, Inc operates as a travel technology company in the leisure and corporate travel markets in the United States and internationally. The company operates through two segments, Travel Marketplace and SaaS Platform. The Travel Marketplace segment primarily engages in sale of airline tickets through its platform.