Public Sector Pension Investment Board Has $7.37 Million Holdings in TripAdvisor, Inc. $TRIP

Public Sector Pension Investment Board boosted its stake in TripAdvisor, Inc. (NASDAQ:TRIP) by 12.5% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 452,986 shares of the travel company’s stock after buying an additional 50,355 shares during the quarter. Public Sector Pension Investment Board owned approximately 0.39% of TripAdvisor worth $7,366,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of TRIP. Essex Investment Management Co. LLC boosted its stake in shares of TripAdvisor by 75.7% in the 3rd quarter. Essex Investment Management Co. LLC now owns 1,523 shares of the travel company’s stock valued at $25,000 after purchasing an additional 656 shares in the last quarter. Covestor Ltd boosted its position in TripAdvisor by 64.8% in the third quarter. Covestor Ltd now owns 1,770 shares of the travel company’s stock valued at $29,000 after buying an additional 696 shares in the last quarter. Smartleaf Asset Management LLC grew its stake in TripAdvisor by 39.7% during the third quarter. Smartleaf Asset Management LLC now owns 2,482 shares of the travel company’s stock worth $42,000 after buying an additional 705 shares during the last quarter. Tower Research Capital LLC TRC grew its stake in TripAdvisor by 308.1% during the second quarter. Tower Research Capital LLC TRC now owns 4,077 shares of the travel company’s stock worth $53,000 after buying an additional 3,078 shares during the last quarter. Finally, State of Wyoming acquired a new stake in shares of TripAdvisor during the third quarter worth approximately $60,000. 98.99% of the stock is currently owned by institutional investors and hedge funds.

TripAdvisor Stock Up 9.7%

Shares of NASDAQ TRIP opened at $10.54 on Wednesday. TripAdvisor, Inc. has a 1 year low of $9.46 and a 1 year high of $20.16. The firm’s 50-day moving average is $13.60 and its 200-day moving average is $15.39. The company has a current ratio of 1.29, a quick ratio of 1.33 and a debt-to-equity ratio of 1.33. The firm has a market capitalization of $1.23 billion, a PE ratio of 35.13, a price-to-earnings-growth ratio of 0.83 and a beta of 1.01.

TripAdvisor (NASDAQ:TRIP) last announced its quarterly earnings data on Thursday, February 12th. The travel company reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.15 by ($0.11). TripAdvisor had a net margin of 2.12% and a return on equity of 10.67%. The business had revenue of $411.00 million during the quarter, compared to analyst estimates of $412.53 million. During the same quarter in the prior year, the company earned $0.30 earnings per share. The company’s quarterly revenue was up .0% on a year-over-year basis. Equities analysts expect that TripAdvisor, Inc. will post 0.46 EPS for the current year.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on TRIP shares. DA Davidson reduced their target price on TripAdvisor from $16.25 to $11.00 and set a “neutral” rating on the stock in a report on Tuesday. B. Riley Financial reduced their price objective on TripAdvisor from $21.00 to $18.00 and set a “neutral” rating on the stock in a research note on Monday, November 10th. Cantor Fitzgerald set a $10.00 target price on TripAdvisor and gave the company an “underweight” rating in a research note on Friday. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $20.00 price target on shares of TripAdvisor in a report on Friday, November 7th. Finally, Wedbush decreased their price objective on shares of TripAdvisor from $15.00 to $12.00 and set a “neutral” rating on the stock in a report on Friday, February 13th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, seven have given a Hold rating and five have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $15.32.

Key Headlines Impacting TripAdvisor

Here are the key news stories impacting TripAdvisor this week:

• Positive Sentiment: Activist pressure: Starboard Value has built roughly a 9% stake and is pushing for a major board overhaul and possible sale, which investors often view as a catalyst to unlock shareholder value. That activist campaign is the principal immediate driver of today’s strength. Reuters: Tripadvisor engages with Starboard
• Positive Sentiment: Goldman Sachs keeps a “buy”: Goldman Sachs trimmed its price target from $25 to $22 but maintained a Buy rating — the new target still implies a large upside vs. the recent share price, which supports bullish sentiment. Benzinga
• Neutral Sentiment: Company engagement: Tripadvisor confirmed it has engaged with Starboard and issued a public statement about the discussions, suggesting a constructive dialogue rather than immediate escalation. That reduces some binary risk but leaves outcomes uncertain. PR Newswire: Tripadvisor statement
• Neutral Sentiment: Analyst/market commentary: Several outlets and research pieces are debating whether activist pressure can revive TRIP; some screen-based value scores highlight TRIP as a value candidate, which may attract more activist‑oriented or value investors. TipRanks: Will activist pressure revive TRIP?
• Negative Sentiment: Broker downgrades/targets cut: Several firms have lowered price targets recently (Wedbush, BTIG and others), signaling reduced near‑term upside in some street models and reflecting concerns after an earnings miss. These cuts add downside pressure if the activist route stalls. MSN: Wedbush cuts target BTIG target cut
• Negative Sentiment: Recent fundamentals: TripAdvisor missed EPS expectations in its February quarter and the stock had been weak heading into the activist news — underlying margin/revenue concerns are still a headwind if operational improvement doesn’t follow. WSJ: Starboard push and earnings context

TripAdvisor Profile

TripAdvisor (NASDAQ:TRIP) is a leading online travel company that operates a digital platform for travel information, reviews and booking services. The company’s flagship website and mobile apps allow users to access and contribute travel-related content—ranging from hotel and restaurant reviews to ratings for tours, attractions and vacation rentals—helping consumers plan and book trips around the world.

The core of TripAdvisor’s offering is its community-driven review system, which aggregates user-generated feedback alongside editorial content and professional photography.