American Century Companies Inc. Lowers Stake in Expedia Group, Inc. $EXPE

American Century Companies Inc. significantly reduced its stake in Expedia Group by 45.1% in Q3, selling 445,256 shares but still retaining over half a million shares valued at about $115.8 million. Despite this, Expedia reported strong quarterly earnings, beating analyst expectations with EPS of $3.78 and revenue of $3.55 billion, and subsequently raised its quarterly dividend. Analysts maintain a “Hold” consensus rating for Expedia, with diverse price targets ranging from $225.00 to $360.00.