Liberty TripAdvisor (NASDAQ:LTRPA) Upgraded to Buy at StockNews.com

Liberty TripAdvisor (NASDAQ:LTRPAGet Rating) was upgraded by StockNews.com from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Friday.

Liberty TripAdvisor Stock Down 0.7 %

Shares of LTRPA opened at $0.84 on Friday. The stock has a market capitalization of $63.81 million, a price-to-earnings ratio of 1.20 and a beta of 1.96. Liberty TripAdvisor has a 1 year low of $0.61 and a 1 year high of $2.73. The business’s 50 day simple moving average is $1.11 and its 200-day simple moving average is $1.06. The company has a debt-to-equity ratio of 0.52, a current ratio of 2.34 and a quick ratio of 2.34.

Insider Activity at Liberty TripAdvisor

In related news, insider Dustin Henderson purchased 25,000 shares of the firm’s stock in a transaction that occurred on Wednesday, September 21st. The shares were bought at an average price of $1.27 per share, for a total transaction of $31,750.00. Following the acquisition, the insider now owns 49,169 shares of the company’s stock, valued at approximately $62,444.63. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In the last 90 days, insiders have purchased 75,400 shares of company stock worth $87,767. Company insiders own 8.27% of the company’s stock.

Institutional Trading of Liberty TripAdvisor

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Independent Advisor Alliance grew its position in Liberty TripAdvisor by 8.7% in the 1st quarter. Independent Advisor Alliance now owns 161,654 shares of the technology company’s stock valued at $331,000 after acquiring an additional 13,000 shares during the last quarter. Los Angeles Capital Management LLC bought a new position in Liberty TripAdvisor in the 1st quarter valued at $406,000. Oppenheimer Asset Management Inc. grew its position in Liberty TripAdvisor by 27.8% in the 1st quarter. Oppenheimer Asset Management Inc. now owns 146,174 shares of the technology company’s stock valued at $300,000 after acquiring an additional 31,828 shares during the last quarter. Panagora Asset Management Inc. bought a new position in Liberty TripAdvisor in the 1st quarter valued at $195,000. Finally, Vanguard Group Inc. grew its position in Liberty TripAdvisor by 5.4% in the 1st quarter. Vanguard Group Inc. now owns 3,766,638 shares of the technology company’s stock valued at $7,722,000 after acquiring an additional 191,637 shares during the last quarter. Hedge funds and other institutional investors own 49.45% of the company’s stock.

Liberty TripAdvisor Company Profile

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Liberty TripAdvisor Holdings, Inc, through its subsidiaries, operates travel guidance platform that connects travelers with travel partners. The company operates through two segments, Hotels, Media & Platform, and Experiences & Dining. Its travel platform provides content, price comparison tools, and online reservation and related services for destinations, accommodations, travel activities and experiences, and restaurants.

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