Highland Capital Management LLC Takes $2.07 Million Position in Expedia Group, Inc. $EXPE

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Highland Capital Management LLC has acquired a new position in Expedia Group, Inc. (NASDAQ:EXPE) during the fourth quarter, purchasing 7,289 shares valued at approximately $2.07 million. This move contributes to institutional investors and hedge funds now owning about 90.76% of the company’s stock. The investment follows Expedia’s strong Q4 earnings, where it surpassed analyst expectations with an EPS of $3.78 and revenue of $3.55 billion, and subsequently raised its quarterly dividend to $0.48 per share.

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