Kornitzer Capital Management Inc. KS Decreases Stock Position in Expedia Group, Inc. $EXPE

Kornitzer Capital Management Inc. KS cut its holdings in Expedia Group, Inc. (NASDAQ:EXPE) by 35.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 18,540 shares of the online travel company’s stock after selling 9,969 shares during the quarter. Kornitzer Capital Management Inc. KS’s holdings in Expedia Group were worth $5,253,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Windacre Partnership LLC raised its stake in shares of Expedia Group by 9.2% in the third quarter. Windacre Partnership LLC now owns 3,682,100 shares of the online travel company’s stock worth $787,049,000 after purchasing an additional 309,900 shares during the last quarter. AQR Capital Management LLC grew its holdings in Expedia Group by 25.0% during the third quarter. AQR Capital Management LLC now owns 3,645,732 shares of the online travel company’s stock worth $779,275,000 after acquiring an additional 728,063 shares during the period. Invesco Ltd. grew its holdings in Expedia Group by 8.0% during the third quarter. Invesco Ltd. now owns 3,122,842 shares of the online travel company’s stock worth $667,507,000 after acquiring an additional 230,176 shares during the period. Wellington Management Group LLP grew its holdings in Expedia Group by 24,899.5% during the third quarter. Wellington Management Group LLP now owns 1,808,466 shares of the online travel company’s stock worth $386,560,000 after acquiring an additional 1,801,232 shares during the period. Finally, Legal & General Group Plc grew its holdings in Expedia Group by 3.1% during the third quarter. Legal & General Group Plc now owns 952,038 shares of the online travel company’s stock worth $203,498,000 after acquiring an additional 28,412 shares during the period. 90.76% of the stock is currently owned by hedge funds and other institutional investors.

Expedia Group Stock Up 1.4%

Shares of EXPE opened at $251.84 on Friday. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 1.75. Expedia Group, Inc. has a 12 month low of $148.55 and a 12 month high of $303.80. The stock’s 50 day moving average is $234.89 and its two-hundred day moving average is $248.70. The firm has a market cap of $30.86 billion, a P/E ratio of 25.57, a PEG ratio of 0.77 and a beta of 1.30.

Expedia Group (NASDAQ:EXPE) last issued its quarterly earnings data on Thursday, February 12th. The online travel company reported $3.78 EPS for the quarter, beating the consensus estimate of $3.32 by $0.46. Expedia Group had a return on equity of 72.23% and a net margin of 8.78%.The company had revenue of $3.55 billion for the quarter, compared to analyst estimates of $3.41 billion. During the same period last year, the company earned $2.39 earnings per share. Expedia Group’s quarterly revenue was up 11.4% compared to the same quarter last year. Analysts predict that Expedia Group, Inc. will post 16.64 earnings per share for the current fiscal year.

Expedia Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Thursday, March 5th were issued a $0.48 dividend. The ex-dividend date of this dividend was Thursday, March 5th. This is an increase from Expedia Group’s previous quarterly dividend of $0.40. This represents a $1.92 annualized dividend and a yield of 0.8%. Expedia Group’s dividend payout ratio is 19.49%.

Insider Buying and Selling

In other Expedia Group news, insider Robert J. Dzielak sold 8,225 shares of the firm’s stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $220.82, for a total value of $1,816,244.50. Following the sale, the insider directly owned 102,480 shares of the company’s stock, valued at approximately $22,629,633.60. This trade represents a 7.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 9.13% of the company’s stock.

Trending Headlines about Expedia Group

Here are the key news stories impacting Expedia Group this week:

• Positive Sentiment: Major distribution boost — Uber will surface hotel bookings powered by Expedia inside its app (Newsbytes reports ~700,000 in?app hotel bookings tied to the deal), which should drive incremental demand and broaden Expedia’s partner channels. Uber partners with Expedia Group for 700,000 in-app hotel bookings
• Positive Sentiment: Higher conversion potential from loyalty tie?ins — coverage notes Uber One members can earn 10% back in credits on bookings via the partnership, likely improving take rates and repeat customers. Uber adds hotel bookings through new Expedia partnership
• Positive Sentiment: Strategic signal — analysis (Skift) frames the Uber deal as evidence Expedia is leaning into distribution partnerships and platform integration, which could expand reach without commensurate marketing spend. Uber’s Hotel Deal Tells You More About Expedia’s Future Than Uber’s
• Positive Sentiment: Earnings momentum — Zacks highlights that Expedia appears positioned for earnings growth and a likely beat in the upcoming report, supporting upside to shares if results and guidance stay strong. Expedia (EXPE) Earnings Expected to Grow: Should You Buy?
• Positive Sentiment: Marketing reach — Expedia is experimenting with creator?led marketing (IShowSpeed partnership) to reach younger audiences, which could help demand recovery in key cohorts at relatively low cost. Expedia bets on creator-led marketing with IShowSpeed partnership
• Neutral Sentiment: Institutional/analyst snapshot — aggregated analyst estimates and ratings are being updated across services but show no single, market?moving revision yet; watch for formal changes after earnings. Expedia Group Stock: Analyst Estimates & Ratings
• Neutral Sentiment: Broader market mentions — Barron’s lists Expedia among names that “look good in a rally,” which can attract momentum flows but is not a direct operational catalyst. Don’t Jump at the High-Flying Stocks. Expedia and 8 More That Look Good in a Rally.
• Negative Sentiment: Valuation caution — at least one piece (Yahoo) asks whether investors should reassess EXPE after a strong multi?year run, flagging upside may be limited and making the stock more sensitive to any guidance miss. Is It Time To Reassess Expedia Group (EXPE) After Its Strong Multi Year Share Price Run

Wall Street Analysts Forecast Growth

EXPE has been the topic of several analyst reports. HSBC raised their target price on Expedia Group from $365.00 to $387.00 and gave the stock a “buy” rating in a report on Friday, February 13th. Sanford C. Bernstein dropped their target price on Expedia Group from $256.00 to $253.00 and set a “market perform” rating on the stock in a report on Wednesday, March 11th. Barclays raised their target price on Expedia Group from $245.00 to $260.00 and gave the stock an “equal weight” rating in a report on Friday, February 13th. BMO Capital Markets raised their target price on Expedia Group from $250.00 to $255.00 and gave the stock a “market perform” rating in a report on Friday, February 13th. Finally, Evercore reaffirmed an “outperform” rating on shares of Expedia Group in a report on Monday, February 9th. Fourteen investment analysts have rated the stock with a Buy rating and twenty-two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $282.74.

Expedia Group Company Profile

Expedia Group (NASDAQ: EXPE) is a global travel technology company that operates an online marketplace connecting consumers, travel suppliers and third?party partners. The company’s platform enables search, comparison and booking of travel products and services, including hotels, airline tickets, vacation rentals, car rentals, cruises and packaged travel. Its portfolio comprises consumer-facing travel brands as well as corporate travel solutions and technology services that serve both leisure and business travelers.

Key offerings include consumer booking platforms and mobile apps that aggregate inventory from hotels, vacation rental managers, airlines and car rental companies, alongside ancillary travel services such as trip insurance and activities.