Here’s What Helped Expedia Group (EXPE) to Grow Its Market Share

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Soumya Eswaran

Wed, Apr 2, 2025, 5:51 AM 3 min read

River Road Asset Management, an concern absorption institution released its “River Road Mid Cap Value Fund” Q4 2024 capitalist letter. A transcript of the missive tin beryllium downloaded here. In the 4th quarter, AMG River Road Small Cap Value Fund (Class N) returned 2.97% compared to -1.75% returns for the Russell MidCap Value Index. For the twelvemonth 2024, the money returned 13.56%, compared to Index instrumentality of 13.07%. Stocks rallied successful November aft a Republican triumph but declined sharply pursuing hawkish Fed comments. Shorter duration stocks, including tiny caps and value, mislaid astir of their post-election gains by the extremity of December. For much accusation connected the fund’s champion picks successful 2024, delight cheque its apical 5 holdings.

In its 4th fourth 2024 capitalist letter, River Road Mid Cap Value Fund emphasized stocks specified arsenic Expedia Group, Inc. (NASDAQ:EXPE). Expedia Group, Inc. (NASDAQ:EXPE) is an online question institution with a marketplace capitalization of $21.609 billion. The one-month instrumentality of Expedia Group, Inc. (NASDAQ:EXPE) was -12.19%, and its shares gained 28.45% of their worth implicit the past 52 weeks. On April 1, 2025, Expedia Group, Inc. (NASDAQ:EXPE) banal closed astatine $167.70 per share.

River Road Mid Cap Value Fund stated the pursuing regarding Expedia Group, Inc. (NASDAQ:EXPE) successful its Q4 2024 capitalist letter:

"Another apical contributor was Expedia Group, Inc. (NASDAQ:EXPE), the world’s second-largest online question agency. Between EXPE and its #1 competitor, Booking Holdings Inc. (BKNG), the 2 companies predominate the planetary online question bureau market. EXPE has utilized its monolithic standard to put successful exertion and amended the idiosyncratic experience, which has helped the institution to support oregon turn marketplace stock and payment from the secular maturation successful planetary travel. We admit that insiders ain 4% of the institution and that media fable Barry Diller serves arsenic Chairman, typically operating with overcapitalized equilibrium sheets, which provides fiscal flexibility.

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