Philippe Laffont graduated with honors from the Massachusetts Institute of Technology with a bachelor’s degree in computer science. Before founding his own company, he worked as an analyst for McKinsey & Company and Tiger Management. Coatue Management focuses on technology, media, telecommunications, and the consumer and healthcare sectors. Eleven of Coatue Management’s current holdings were increased and thirteen new investments were made in the third quarter. A few of the most popular stocks in Philippe Laffont’s Q3 portfolio are Microsoft Corporation, Broadcom Inc. and Uber Technologies, Incorporated.
Insider Monkey analyzed 10 stocks billionaire Philippe Laffont is selling. He has raised his target price for Lucid Group, Inc. to $16 from $12, Morgan Stanley analyst Adam Jonas said. Although he kept the stock at “Underweight,” he raised the recommendation from “neutral” to “buy.”. One of Canada’s largest e-commerce and point-of-sale software providers, Lightspeed Commerce Inc. “Outperform” was upgraded from “Sector Perform” by a Scotiabank analyst in November. Lemonade is a holding company specializing in the insurance industry that is traded on the New York Stock Exchange EPS of -$1.08 for the third quarter of November beat expectations by a nickel. There was a 100.6 percent increase in quarterly revenue to $35.7 million. LawsuitZoom.com, Inc. stock had been purchased by Coatue Management in the second quarter, totaling 20,281. As the largest holder of Select Equity Group’s stock, the company has a stake worth $74.48 million. Quarter-to-quarter results from Intuit Inc. were released in November. There was a 52.3 percent increase in quarterly revenue, to $2.01 billion. In the third quarter of 2021, this stake was completely sold. For more details, click 10 Stocks Billionaire Philippe Laffont Is Selling.