State of Alaska Department of Revenue Acquires 9,353 Shares of TripAdvisor, Inc. $TRIP

State of Alaska Department of Revenue boosted its holdings in shares of TripAdvisor, Inc. (NASDAQ:TRIP) by 15.3% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 70,351 shares of the travel company’s stock after buying an additional 9,353 shares during the period. State of Alaska Department of Revenue’s holdings in TripAdvisor were worth $917,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in TRIP. Nuveen LLC bought a new stake in TripAdvisor during the first quarter valued at $32,536,000. Royal Bank of Canada boosted its stake in TripAdvisor by 82,306.8% during the first quarter. Royal Bank of Canada now owns 1,528,647 shares of the travel company’s stock valued at $21,661,000 after buying an additional 1,526,792 shares during the period. Ameriprise Financial Inc. boosted its stake in TripAdvisor by 27.7% during the first quarter. Ameriprise Financial Inc. now owns 5,635,384 shares of the travel company’s stock valued at $79,852,000 after buying an additional 1,222,958 shares during the period. Assenagon Asset Management S.A. boosted its stake in TripAdvisor by 5,405.7% during the first quarter. Assenagon Asset Management S.A. now owns 606,007 shares of the travel company’s stock valued at $8,587,000 after buying an additional 595,000 shares during the period. Finally, GMT Capital Corp bought a new stake in TripAdvisor during the first quarter valued at $8,081,000. Institutional investors own 98.99% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on TRIP. Citigroup lifted their price objective on TripAdvisor from $16.00 to $19.00 and gave the company a “neutral” rating in a research note on Monday, August 18th. Wall Street Zen raised TripAdvisor from a “buy” rating to a “strong-buy” rating in a research note on Saturday, September 13th. B. Riley raised their price target on TripAdvisor from $17.00 to $21.00 and gave the company a “neutral” rating in a research report on Monday, August 11th. Mizuho started coverage on TripAdvisor in a research report on Tuesday, September 30th. They set an “underperform” rating and a $14.00 price target on the stock. Finally, Bank of America started coverage on TripAdvisor in a research report on Monday, July 14th. They set a “neutral” rating and a $19.00 price target on the stock. Eight investment analysts have rated the stock with a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and an average price target of $17.03.

TripAdvisor Stock Up 0.8%

TRIP opened at $16.00 on Tuesday. The company has a market cap of $1.86 billion, a P/E ratio of 33.33, a P/E/G ratio of 2.52 and a beta of 1.21. The business’s 50-day moving average price is $17.33 and its 200-day moving average price is $15.34. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 1.37. TripAdvisor, Inc. has a 12 month low of $10.43 and a 12 month high of $20.16.

TripAdvisor (NASDAQ:TRIP) last released its quarterly earnings data on Thursday, August 7th. The travel company reported $0.46 EPS for the quarter, topping the consensus estimate of $0.43 by $0.03. The firm had revenue of $529.00 million for the quarter, compared to the consensus estimate of $529.91 million. TripAdvisor had a return on equity of 12.40% and a net margin of 3.53%.The company’s quarterly revenue was up 6.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.39 earnings per share. TripAdvisor has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. On average, equities analysts expect that TripAdvisor, Inc. will post 0.46 EPS for the current year.

Insider Activity at TripAdvisor

In other news, insider Seth J. Kalvert sold 10,880 shares of TripAdvisor stock in a transaction dated Friday, September 19th. The stock was sold at an average price of $20.04, for a total value of $218,035.20. Following the transaction, the insider owned 136,914 shares in the company, valued at approximately $2,743,756.56. The trade was a 7.36% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 3.10% of the company’s stock.

TripAdvisor Profile

TripAdvisor, Inc operates as an online travel company, primarily engages in the provision of travel guidance products and services worldwide. The company operates in three segments: Brand Tripadvisor, Viator, and TheFork. The Brand Tripadvisor segment offers travel guidance platforms for travelers to discover, generate, and share authentic user-generated content in the form of ratings and reviews for destinations, points-of-interest, experiences, accommodations, restaurants, and cruises.