Assenagon Asset Management S.A. bought a new position in Despegar.com, Corp. (NYSE:DESP – Get Rating) in the 2nd quarter, Holdings Channel.com reports. The firm bought 34,529 shares of the company’s stock, valued at approximately $280,000.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in DESP. Moerus Capital Management LLC grew its position in Despegar.com by 34.0% in the first quarter. Moerus Capital Management LLC now owns…