Mutual of America Capital Management LLC Cuts Stock Position in TripAdvisor, Inc. $TRIP

Mutual of America Capital Management LLC cut its holdings in TripAdvisor, Inc. (NASDAQ:TRIP) by 5.4% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 15,170 shares of the travel company’s stock after selling 861 shares during the quarter. Mutual of America Capital Management LLC’s holdings in TripAdvisor were worth $198,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Smartleaf Asset Management LLC increased its stake in shares of TripAdvisor by 86.9% during the first quarter. Smartleaf Asset Management LLC now owns 3,055 shares of the travel company’s stock worth $43,000 after purchasing an additional 1,420 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC increased its stake in shares of TripAdvisor by 419.8% during the first quarter. Kayne Anderson Rudnick Investment Management LLC now owns 3,893 shares of the travel company’s stock worth $55,000 after purchasing an additional 3,144 shares in the last quarter. Quarry LP increased its stake in TripAdvisor by 571.0% during the 1st quarter. Quarry LP now owns 5,697 shares of the travel company’s stock worth $81,000 after buying an additional 4,848 shares in the last quarter. Jones Financial Companies Lllp increased its stake in 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 buying an additional 5,916 shares in the last quarter. Finally, Atlas Capital Advisors Inc. purchased a new stake in TripAdvisor during the 1st quarter worth approximately $128,000. 98.99% of the stock is currently owned by hedge funds and other institutional investors.

TripAdvisor Stock Performance

Shares of TripAdvisor stock opened at $16.19 on Friday. The business has a 50-day moving average of $16.87 and a 200 day moving average of $15.68. TripAdvisor, Inc. has a 12 month low of $10.43 and a 12 month high of $20.16. The stock has a market capitalization of $1.88 billion, a price-to-earnings ratio of 33.73, a price-to-earnings-growth ratio of 2.49 and a beta of 1.21. The company has a debt-to-equity ratio of 1.37, a current ratio of 1.24 and a quick ratio of 1.24.

TripAdvisor (NASDAQ:TRIP) last issued its quarterly earnings results on Thursday, August 7th. The travel company reported $0.46 EPS for the quarter, beating the consensus estimate of $0.43 by $0.03. The company had revenue of $529.00 million during the quarter, compared to analysts’ expectations of $529.91 million. TripAdvisor had a net margin of 3.53% and a return on equity of 12.40%. The firm’s revenue was up 6.4% compared to the same quarter last year. During the same quarter last year, the company posted $0.39 EPS. TripAdvisor has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, sell-side analysts forecast that TripAdvisor, Inc. will post 0.46 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several analysts recently commented on TRIP shares. Citigroup boosted their price target on TripAdvisor from $16.00 to $19.00 and gave the stock a “neutral” rating in a research report on Monday, August 18th. UBS Group reiterated a “neutral” rating on shares of TripAdvisor in a research report on Sunday, August 10th. DA Davidson set a $16.25 target price on shares of TripAdvisor in a report on Tuesday, July 8th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of TripAdvisor in a report on Thursday. Finally, Mizuho assumed coverage on shares of TripAdvisor in a report on Tuesday, September 30th. They set an “underperform” rating and a $14.00 target price for the company. Eight 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, TripAdvisor currently has an average rating of “Reduce” and a consensus price target of $17.03.

Insider Transactions at TripAdvisor

In related news, insider Seth J. Kalvert sold 10,880 shares of TripAdvisor stock in a transaction on Friday, September 19th. The stock was sold at an average price of $20.04, for a total value of $218,035.20. Following the completion of the transaction, the insider directly owned 136,914 shares in the company, valued at approximately $2,743,756.56. This trade represents a 7.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 3.10% of the company’s stock.

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.