Kornitzer Capital Management Inc. KS Sells 9,969 Shares of Expedia Group, Inc. $EXPE

Key Points

• Kornitzer Capital Management trimmed its position in Expedia by 35.0% in Q4, selling 9,969 shares and retaining 18,540 shares worth $5.253 million, per its SEC filing.
• Expedia has several near‑term positives: a partnership with Uber expected to drive ~700,000 in‑app hotel bookings, a recent quarter that beat EPS estimates ($3.78 vs. $3.32), and a raised quarterly dividend to $0.48.
• Institutional ownership is high at about 90.76%; insiders own 9.13%, and insider Robert J. Dzielak sold 8,225 shares in March.

Kornitzer Capital Management Inc. KS lowered its position in Expedia Group, Inc. (NASDAQ:EXPE - Free Report) by 35.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 18,540 shares of the online travel company's stock after selling 9,969 shares during the period. Kornitzer Capital Management Inc. KS's holdings in Expedia Group were worth $5,253,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in EXPE. CI Investments Inc. grew its position in shares of Expedia Group by 1,735.0% during the 3rd quarter. CI Investments Inc. now owns 42,223 shares of the online travel company's stock worth $9,025,000 after buying an additional 39,922 shares in the last quarter. Rakuten Investment Management Inc. bought a new position in shares of Expedia Group during the 3rd quarter worth $1,063,000. Convergence Investment Partners LLC bought a new stake in Expedia Group during the third quarter valued at about $1,001,000. Railway Pension Investments Ltd boosted its position in Expedia Group by 19.6% during the third quarter. Railway Pension Investments Ltd now owns 115,200 shares of the online travel company's stock valued at $24,624,000 after purchasing an additional 18,900 shares in the last quarter. Finally, Savant Capital LLC boosted its position in Expedia Group by 13.9% during the third quarter. Savant Capital LLC now owns 39,700 shares of the online travel company's stock valued at $8,486,000 after purchasing an additional 4,853 shares in the last quarter. Institutional investors own 90.76% 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

Expedia Group Trading Up 1.4%

Expedia Group stock opened at $251.84 on Friday. The stock has a 50-day moving average of $234.89 and a two-hundred day moving average of $248.70. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.73 and a current ratio of 0.73. Expedia Group, Inc. has a one year low of $148.55 and a one year high of $303.80. The stock has a market cap of $30.86 billion, a PE ratio of 25.57, a price-to-earnings-growth ratio of 0.77 and a beta of 1.30.

Expedia Group (NASDAQ:EXPE - Get Free Report) last released its quarterly earnings results on Thursday, February 12th. The online travel company reported $3.78 EPS for the quarter, beating analysts' consensus estimates 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 during the quarter, compared to analysts' expectations of $3.41 billion. During the same period last year, the business posted $2.39 earnings per share. The firm's revenue was up 11.4% compared to the same quarter last year. On average, research analysts anticipate that Expedia Group, Inc. will post 16.64 EPS for the current fiscal year.

Expedia Group Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Thursday, March 5th were paid a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a yield of 0.8%. This is a boost from Expedia Group's previous quarterly dividend of $0.40. The ex-dividend date was Thursday, March 5th. Expedia Group's dividend payout ratio (DPR) is 19.49%.

Insider Buying and Selling

In other Expedia Group news, insider Robert J. Dzielak sold 8,225 shares of the stock in a transaction dated 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 completion of the sale, the insider directly owned 102,480 shares in the company, valued at approximately $22,629,633.60. This trade represents a 7.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 9.13% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on EXPE shares. HSBC raised their price objective on Expedia Group from $365.00 to $387.00 and gave the company a "buy" rating in a research report on Friday, February 13th. Citigroup dropped their price objective on Expedia Group from $281.00 to $225.00 and set a "buy" rating on the stock in a research report on Friday, February 20th. Argus dropped their price objective on Expedia Group from $345.00 to $250.00 and set a "buy" rating on the stock in a research report on Tuesday, February 17th. Evercore reaffirmed an "outperform" rating on shares of Expedia Group in a research report on Monday, February 9th. Finally, Barclays raised their price objective on Expedia Group from $245.00 to $260.00 and gave the company an "equal weight" rating in a research report on Friday, February 13th. Fourteen equities research analysts have rated the stock with a Buy rating and twenty-two have issued a Hold rating to the company's stock. According to data from MarketBeat.com, Expedia Group currently has an average rating of "Hold" and an average target price 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.

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