BlackRock Amends Expedia Stake, Maintains Significant Holding

TL;DR

**BlackRock still owns a big chunk of Expedia, signaling institutional confidence.**

AI Summary

BlackRock Inc. filed an amended SC 13G/A on January 26, 2024, disclosing its ownership in Expedia Group, Inc. (EXPE) as of December 31, 2023. This filing, Amendment No. 7, indicates that BlackRock continues to be a significant institutional holder of Expedia's Common Stock. For investors, this means a major institutional player maintains a substantial stake, which can signal confidence in the company's long-term prospects, potentially influencing stock stability.

Why It Matters

BlackRock's continued substantial ownership in Expedia Group, Inc. suggests institutional confidence, which can provide a level of stability and validation for current and prospective shareholders.

Risk Assessment

Risk Level: low — This filing is routine and indicates a major institutional investor's continued, stable ownership, posing minimal immediate risk.

Analyst Insight

Investors should note that a major institutional investor like BlackRock maintains a position in Expedia, which can be a positive signal for long-term stability, but this filing alone doesn't indicate any immediate buying or selling action.

Key Players & Entities

• BlackRock Inc. (company) — the reporting person and institutional investor
• Expedia Group, Inc. (company) — the subject company whose securities are being reported
• January 26, 2024 (date) — the filing date of the SC 13G/A amendment
• December 31, 2023 (date) — the date of the event which required the filing
• Amendment No. 7 (number) — the specific amendment number for this filing

Forward-Looking Statements

• BlackRock will likely maintain a significant stake in Expedia Group, Inc. throughout 2024. (BlackRock Inc.) — medium confidence, target: December 31, 2024

FAQ

From the Filing

0001086364-24-004227.txt : 20240126 0001086364-24-004227.hdr.sgml : 20240126 20240126114938 ACCESSION NUMBER: 0001086364-24-004227 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240126 DATE AS OF CHANGE: 20240126 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Expedia Group, Inc. CENTRAL INDEX KEY: 0001324424 STANDARD INDUSTRIAL CLASSIFICATION: TRANSPORTATION SERVICES [4700] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 202705720 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-80935 FILM NUMBER: 24565753 BUSINESS ADDRESS: STREET 1: 1111 EXPEDIA GROUP WAY W. CITY: SEATTLE STATE: WA ZIP: 98119 BUSINESS PHONE: (206) 481-7200 MAIL ADDRESS: STREET 1: 1111 EXPEDIA GROUP WAY W. CITY: SEATTLE STATE: WA ZIP: 98119 FORMER COMPANY: FORMER CONFORMED NAME: Expedia, Inc. DATE OF NAME CHANGE: 20050420 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc. CENTRAL INDEX KEY: 0001364742 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] ORGANIZATION NAME: 02 Finance IRS NUMBER: 320174431 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 BUSINESS PHONE: 212-810-5300 MAIL ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 FORMER COMPANY: FORMER CONFORMED NAME: BlackRock, Inc. DATE OF NAME CHANGE: 20060929 FORMER COMPANY: FORMER CONFORMED NAME: New BlackRock, Inc. DATE OF NAME CHANGE: 20060601 SC 13G/A 1 us30212p3038_012624.txt us30212p3038_012624.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: 7) EXPEDIA GROUP INC -------------------------------------------------------- (Name of Issuer) Common Stock -------------------------------------------------------- (Title of Class of Securities) 30212P303 -------------------------------------------------------- (CUSIP Number) December 31, 2023 -------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 30212P303 (1)Names of reporting persons. BlackRock, Inc. (2) Check the appropriate box if a member of a group (a) [ ] (b) [X] (3) SEC use only (4) Citizenship or place of organization Delaware Number of shares beneficially owned by each reporting person with: (5) Sole voting power 8945375 (6) Shared voting power 0 (7) Sole dispositive power 9943796 (8) Shared dispositive power 0 (9) Aggregate amount beneficially owned by each reporting person 9943796 (10) Check if the aggregate amount in Row (9) excludes certain shares (11) Percent of class represented by amount in Row 9 7.5% (12) Type of reporting person HC Item 1. Item 1(a) Name of issuer: ----------------------------------------------------------------------- EXPEDIA GROUP INC Item 1(b) Address of issuer's principal executive offices: ----------------------------------------------------------------------- 1111 EXPEDIA GROUP WAY W SEATTLE WA 98119 Item 2. 2(a) Name of person filing: ---------------------------------------------------------------------- BlackRock, Inc. 2(b) Addre