TripAdvisor, Inc. $TRIP Shares Sold by Acorn Financial Advisory Services Inc. ADV

Acorn Financial Advisory Services Inc. ADV trimmed its position in TripAdvisor, Inc. (NASDAQ:TRIP) by 3.3% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 66,600 shares of the travel company’s stock after selling 2,267 shares during the period. Acorn Financial Advisory Services Inc. ADV’s holdings in TripAdvisor were worth $869,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Brown Miller Wealth Management LLC lifted its stake in TripAdvisor by 6.8% in the 2nd quarter. Brown Miller Wealth Management LLC now owns 12,322 shares of the travel company’s stock valued at $161,000 after buying an additional 781 shares in the last quarter. First Hawaiian Bank lifted its stake in TripAdvisor by 2.9% in the 1st quarter. First Hawaiian Bank now owns 35,684 shares of the travel company’s stock valued at $506,000 after buying an additional 1,013 shares in the last quarter. Smartleaf Asset Management LLC lifted 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. Arizona State Retirement System lifted its stake in TripAdvisor by 5.2% in the 1st quarter. Arizona State Retirement System now owns 32,655 shares of the travel company’s stock valued at $463,000 after buying an additional 1,623 shares in the last quarter. Finally, Empowered Funds LLC lifted its stake in TripAdvisor by 14.2% in the 1st quarter. Empowered Funds LLC now owns 13,475 shares of the travel company’s stock valued at $191,000 after buying an additional 1,676 shares in the last quarter. 98.99% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

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

TripAdvisor Trading Up 3.2%

TRIP opened at $15.38 on Tuesday. The company has a debt-to-equity ratio of 1.37, a current ratio of 1.24 and a quick ratio of 1.24. The company’s 50 day simple moving average is $17.16 and its two-hundred day simple moving average is $15.36. TripAdvisor, Inc. has a 1-year low of $10.43 and a 1-year high of $20.16. The firm has a market capitalization of $1.79 billion, a price-to-earnings ratio of 32.04, a price-to-earnings-growth ratio of 2.32 and a beta of 1.21.

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

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on TRIP shares. Bank of America started coverage on shares of TripAdvisor in a research note on Monday, July 14th. They issued a “neutral” rating and a $19.00 price target on the stock. Citigroup raised their price target on shares of TripAdvisor from $16.00 to $19.00 and gave the company a “neutral” rating in a research note on Monday, August 18th. Mizuho initiated coverage on shares of TripAdvisor in a research note on Tuesday, September 30th. They issued an “underperform” rating and a $14.00 target price on the stock. UBS Group reissued a “neutral” rating on shares of TripAdvisor in a research note on Sunday, August 10th. Finally, Wall Street Zen lowered shares of TripAdvisor from a “strong-buy” rating to a “buy” rating in a research note on Saturday. Eight equities research analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Reduce” and an average price target of $17.03.

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.