Cwm LLC cut its holdings in TripAdvisor, Inc. (NASDAQ:TRIP – Free Report) by 27.4% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 22,146 shares of the travel company’s stock after selling 8,360 shares during the quarter. Cwm LLC’s holdings in TripAdvisor were worth $289,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Tsfg LLC acquired a new stake in TripAdvisor in the 1st quarter valued at $35,000. Smartleaf Asset Management LLC grew its position in shares of TripAdvisor by 86.9% in the first quarter. Smartleaf Asset Management LLC now owns 3,055 shares of the travel company’s stock valued at $43,000 after purchasing an additional 1,420 shares during the period. Kayne Anderson Rudnick Investment Management LLC grew its position in shares of TripAdvisor by 419.8% in the first quarter. Kayne Anderson Rudnick Investment Management LLC now owns 3,893 shares of the travel company’s stock valued at $55,000 after purchasing an additional 3,144 shares during the period. Quarry LP increased its stake in shares of TripAdvisor by 571.0% during the first quarter. Quarry LP now owns 5,697 shares of the travel company’s stock worth $81,000 after purchasing an additional 4,848 shares in the last quarter. Finally, Jones Financial Companies Lllp raised its position in shares of TripAdvisor by 1,183.2% during the 1st quarter. Jones Financial Companies Lllp now owns 6,416 shares of the travel company’s stock worth $85,000 after purchasing an additional 5,916 shares during the last quarter. Hedge funds and other institutional investors own 98.99% of the company’s stock.
Analysts Set New Price Targets
TRIP has been the topic of several research analyst reports. Wall Street Zen upgraded TripAdvisor from a “buy” rating to a “strong-buy” rating in a report on Sunday, October 19th. DA Davidson set a $16.25 price target on TripAdvisor in a research report on Tuesday, July 8th. Mizuho initiated coverage on TripAdvisor in a report on Tuesday, September 30th. They issued an “underperform” rating and a $14.00 price objective on the stock. B. Riley upped their target price on shares of TripAdvisor from $17.00 to $21.00 and gave the stock a “neutral” rating in a report on Monday, August 11th. Finally, Citigroup increased their target price on shares of TripAdvisor from $16.00 to $19.00 and gave the company a “neutral” rating in a research report on Monday, August 18th. Eight investment analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Reduce” and a consensus target price of $17.03.
TripAdvisor Stock Up 3.2%
Shares of NASDAQ:TRIP opened at $16.62 on Monday. TripAdvisor, Inc. has a 52-week low of $10.43 and a 52-week high of $20.16. The stock has a market cap of $1.93 billion, a P/E ratio of 34.63, a PEG ratio of 2.60 and a beta of 1.21. The business has a fifty day moving average of $16.92 and a two-hundred day moving average of $15.58. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 1.37.
TripAdvisor (NASDAQ:TRIP – Get Free Report) last posted its quarterly earnings results on Thursday, August 7th. The travel company reported $0.46 EPS for the quarter, topping the consensus estimate of $0.43 by $0.03. TripAdvisor had a return on equity of 12.40% and a net margin of 3.53%.The business had revenue of $529.00 million for the quarter, compared to analyst estimates of $529.91 million. During the same quarter in the previous year, the firm earned $0.39 EPS. The company’s quarterly revenue was up 6.4% compared to the same quarter last year. TripAdvisor has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. On average, research analysts expect that TripAdvisor, Inc. will post 0.46 earnings per share for the current year.
Insiders Place Their Bets
In other TripAdvisor news, insider Seth J. Kalvert sold 10,880 shares of the business’s stock in a transaction dated Friday, September 19th. The shares were sold at an average price of $20.04, for a total value of $218,035.20. Following the transaction, the insider directly owned 136,914 shares in the company, valued at $2,743,756.56. The trade was a 7.36% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 3.10% of the stock is owned by insiders.
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.
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