VIRGINIA RETIREMENT SYSTEMS ET Al Takes $530,000 Position in TripAdvisor, Inc. $TRIP

VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in shares of TripAdvisor, Inc. (NASDAQ:TRIP) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 40,586 shares of the travel company’s stock, valued at approximately $530,000.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Tsfg LLC acquired a new stake in TripAdvisor in the 1st quarter valued at $35,000. Smartleaf Asset Management LLC boosted its stake in TripAdvisor by 86.9% in the 1st quarter. Smartleaf Asset Management LLC now owns 3,055 shares of the travel company’s stock valued at $43,000 after buying an additional 1,420 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC boosted its stake in TripAdvisor by 419.8% in the 1st quarter. Kayne Anderson Rudnick Investment Management LLC now owns 3,893 shares of the travel company’s stock valued at $55,000 after buying an additional 3,144 shares in the last quarter. Quarry LP boosted its stake in TripAdvisor by 571.0% in the 1st quarter. Quarry LP now owns 5,697 shares of the travel company’s stock valued at $81,000 after buying an additional 4,848 shares in the last quarter. Finally, Jones Financial Companies Lllp boosted its stake in TripAdvisor by 1,183.2% in the 1st quarter. Jones Financial Companies Lllp now owns 6,416 shares of the travel company’s stock valued at $85,000 after buying an additional 5,916 shares in the last quarter. 98.99% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several analysts recently commented on TRIP shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of TripAdvisor in a research note on Wednesday, October 8th. DA Davidson set a $16.25 price target on TripAdvisor in a research note on Tuesday, July 8th. Bank of America started coverage on TripAdvisor in a research note on Monday, July 14th. They issued a “neutral” rating and a $19.00 price target on the stock. B. Riley boosted their price target on TripAdvisor from $17.00 to $21.00 and gave the company a “neutral” rating in a research note on Monday, August 11th. Finally, Wall Street Zen raised TripAdvisor from a “buy” rating to a “strong-buy” rating in a research note on Sunday, October 19th. Eight research analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus target price of $17.03.

Insider Buying and Selling at TripAdvisor

In other news, insider Seth J. Kalvert sold 10,880 shares of the business’s stock in a transaction on Friday, September 19th. The stock was sold at an average price of $20.04, for a total transaction of $218,035.20. Following the completion of the sale, the insider owned 136,914 shares in the company, valued at $2,743,756.56. The trade was a 7.36% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 3.10% of the stock is currently owned by insiders.

TripAdvisor Price Performance

TripAdvisor stock opened at $16.62 on Friday. The firm has a market cap of $1.93 billion, a P/E ratio of 34.63, a P/E/G ratio of 2.60 and a beta of 1.21. TripAdvisor, Inc. has a 52 week low of $10.43 and a 52 week high of $20.16. The company has a debt-to-equity ratio of 1.37, a quick ratio of 1.24 and a current ratio of 1.24. The business’s fifty day moving average is $16.92 and its two-hundred day moving average is $15.56.

TripAdvisor (NASDAQ:TRIP) last released its earnings results on Thursday, August 7th. The travel company reported $0.46 earnings per share for the quarter, topping analysts’ consensus estimates of $0.43 by $0.03. The company had revenue of $529.00 million during 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 firm’s quarterly revenue was up 6.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.39 earnings per share. TripAdvisor has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. Equities research analysts forecast that TripAdvisor, Inc. will post 0.46 earnings per share for the current fiscal year.

TripAdvisor Company 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.