--- title: "Despegar.com, Corp. (NYSE:DESP) Shares Acquired by Invesco Ltd." type: "News" locale: "en" url: "https://longbridge.com/en/news/237647799.md" description: "Invesco Ltd. increased its stake in Despegar.com, Corp. (NYSE:DESP) by 554.8% in Q4, owning 497,861 shares valued at $9.58 million. Other investors like State Street Corp and Barclays PLC also raised their positions. Despegar.com shares opened at $19.18, down 0.4%, with a 52-week range of $9.25 to $19.55. Analysts have a consensus hold rating with a target price of $17.20, following a downgrade from B. Riley." datetime: "2025-04-26T07:38:38.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/237647799.md) - [en](https://longbridge.com/en/news/237647799.md) - [zh-HK](https://longbridge.com/zh-HK/news/237647799.md) generator: "portal-rs" --- # Despegar.com, Corp. (NYSE:DESP) Shares Acquired by Invesco Ltd. Invesco Ltd. boosted its position in shares of Despegar.com, Corp. (NYSE:DESP - Free Report) by 554.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 497,861 shares of the company's stock after purchasing an additional 421,826 shares during the quarter. Invesco Ltd. owned approximately 0.60% of Despegar.com worth $9,584,000 at the end of the most recent reporting period. Other large investors also recently bought and sold shares of the company. State Street Corp grew its position in shares of Despegar.com by 37.6% in the third quarter. State Street Corp now owns 958,706 shares of the company's stock valued at $11,888,000 after purchasing an additional 261,991 shares during the last quarter. Barclays PLC grew its holdings in Despegar.com by 298.5% during the 3rd quarter. Barclays PLC now owns 91,888 shares of the company's stock valued at $1,139,000 after buying an additional 68,829 shares during the last quarter. SkyView Investment Advisors LLC increased its position in Despegar.com by 1.7% during the third quarter. SkyView Investment Advisors LLC now owns 247,453 shares of the company's stock worth $3,068,000 after buying an additional 4,118 shares in the last quarter. Blankinship & Foster LLC acquired a new position in shares of Despegar.com in the third quarter worth $288,000. Finally, Franklin Resources Inc. acquired a new position in shares of Despegar.com in the third quarter worth $395,000. Institutional investors and hedge funds own 67.93% of the company's stock. ## Despegar.com Stock Down 0.4 % Shares of NYSE:DESP opened at $19.18 on Thursday. The business has a fifty day simple moving average of $19.14 and a 200-day simple moving average of $17.82. Despegar.com, Corp. has a 52 week low of $9.25 and a 52 week high of $19.55. ## Analysts Set New Price Targets Separately, B. Riley cut Despegar.com from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, March 5th. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $17.20. **View Our Latest Research Report on DESP** ## Despegar.com Profile (Free Report) Despegar.com, Corp., an online travel company, provides a range of travel and travel-related products to leisure and corporate travelers through its websites and mobile applications in Latin America and the United States. The company operates in two segments, Travel Business and Financial Services Business. ## Recommended Stories - Five stocks we like better than Despegar.com - How to trade using analyst ratings - Can IBM’s Q1 Earnings Spark a Breakout for the Stock? - What Percentage Gainers Tell Investors and Why They Don’t Tell the Whole Story - S&P 500 and Nasdaq-100 Flashed Death Crosses—Should You Worry? - What Does a Stock Split Mean? - Fundamentally Sound, These 5 Stocks Sold Off Anyway *This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.* ## Should You Invest $1,000 in Despegar.com Right Now? Before you consider Despegar.com, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Despegar.com wasn't on the list. While Despegar.com currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys. 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