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Swiss Life Asset Management Ltd Sells 4,699 Shares of Expedia Group, Inc. $EXPE
Swiss Life Asset Management Ltd reduced its stake in Expedia Group by 10.9% in the fourth quarter, selling 4,699 shares and retaining 38,523 shares valued at around $10.9 million. Other institutional investors also adjusted their positions, and insider Robert J. Dzielak sold shares, decreasing his holdings by 7.43%. While Expedia reported strong quarterly earnings and revenue growth, analysts maintain a cautious “Hold” rating with a consensus price target of $283.87.