Piper Sandler Downgrades Expedia Group Outlook Amid Shift in Fund Sentiment
Fintel reports that on May 9, 2025, Piper Sandler downgraded their outlook for Expedia Group (WBAG:EXPE) from Neutral to Underweight.
Current Fund Sentiment
A total of 1,694 funds or institutions now own positions in Expedia Group. This marks an increase of 101 owners, or 6.34%, over the last quarter. The average portfolio weight for all funds holding EXPE is 0.31%, showing a rise of 10.35%. Institutional ownership has also seen a boost, with total shares increasing by 5.19% in the past three months to reach 141,894K shares.
Activity Among Major Shareholders
Windacre Partnership currently holds 4,066K shares, translating to a 3.33% ownership of the company. In its previous filing, the firm reported owning 4,324K shares, reflecting a decrease of 6.35%. Notably, Windacre increased its portfolio allocation to EXPE by 30.61% over the last quarter.
The Vanguard Total Stock Market Index Fund Investor Shares (VTSMX) holds 3,857K shares, accounting for 3.16% ownership. The firm previously reported owning 3,961K shares, indicating a decrease of 2.71%. However, VTSMX also increased its portfolio allocation to EXPE by 20.78% in the last quarter.
Norges Bank owns 3,599K shares, representing 2.95% of the company. This reflects an increase of 100.00% since their last filing, where they reported no shares owned.
JPMorgan Chase holds 3,502K shares, translating to 2.87% ownership. Previously, they reported owning 3,842K shares, showing a decrease of 9.71%. Nevertheless, JPMorgan increased their portfolio allocation to EXPE by 12.43% last quarter.
Invesco has 3,406K shares, representing 2.79% ownership of the company. In its last filing, Invesco reported owning 3,444K shares, reflecting a decrease of 1.11%. Additionally, Invesco significantly reduced its portfolio allocation to EXPE by 89.23% over the last quarter.
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