Palogic Value Management L.P. Takes $1.11 Million Position in TripAdvisor, Inc. $TRIP

Palogic Value Management L.P. bought a new position in TripAdvisor, Inc. (NASDAQ:TRIP) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 85,000 shares of the travel company’s stock, valued at approximately $1,109,000. Palogic Value Management L.P. owned 0.06% of TripAdvisor as of its most recent filing with the SEC.

A number of other institutional investors have also bought and sold shares of the business. Teacher Retirement System of Texas bought a new stake in TripAdvisor during the first quarter valued at about $235,000. Principal Financial Group Inc. grew its position in shares of TripAdvisor by 2.5% during the first quarter. Principal Financial Group Inc. now owns 547,435 shares of the travel company’s stock worth $7,757,000 after purchasing an additional 13,131 shares in the last quarter. Lightrock Netherlands B.V. raised its stake in TripAdvisor by 54.4% during the 1st quarter. Lightrock Netherlands B.V. now owns 791,287 shares of the travel company’s stock valued at $11,231,000 after purchasing an additional 278,821 shares during the period. Envestnet Asset Management Inc. lifted its holdings in TripAdvisor by 114.8% in the 1st quarter. Envestnet Asset Management Inc. now owns 29,634 shares of the travel company’s stock worth $420,000 after purchasing an additional 15,838 shares in the last quarter. Finally, Arizona State Retirement System lifted its holdings in TripAdvisor by 5.2% in the 1st quarter. Arizona State Retirement System now owns 32,655 shares of the travel company’s stock worth $463,000 after purchasing an additional 1,623 shares in the last quarter. Hedge funds and other institutional investors own 98.99% of the company’s stock.

TripAdvisor Stock Down 0.8%

Shares of NASDAQ:TRIP opened at $16.06 on Friday. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 1.37. TripAdvisor, Inc. has a 12 month low of $10.43 and a 12 month high of $20.16. The company has a 50-day moving average price of $16.84 and a 200 day moving average price of $15.74. The company has a market cap of $1.87 billion, a price-to-earnings ratio of 33.46, a PEG ratio of 2.49 and a beta of 1.21.

TripAdvisor (NASDAQ:TRIP) last issued its quarterly earnings data on Thursday, August 7th. The travel company reported $0.46 earnings per share 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 company had revenue of $529.00 million for the quarter, compared to analysts’ expectations of $529.91 million. During the same period in the previous year, the firm posted $0.39 earnings per share. The firm’s revenue for the quarter was up 6.4% on a year-over-year basis. TripAdvisor has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, equities research analysts predict that TripAdvisor, Inc. will post 0.46 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of TripAdvisor in a report on Thursday. DA Davidson set a $16.25 target price on shares of TripAdvisor in a research note on Tuesday, July 8th. 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 lifted their target price on TripAdvisor from $16.00 to $19.00 and gave the stock a “neutral” rating in a report on Monday, August 18th. Finally, B. Riley boosted their target price on TripAdvisor from $17.00 to $21.00 and gave the stock a “neutral” rating in a research report on Monday, August 11th. Eight analysts have rated the stock with a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Reduce” and an average target price of $17.03.

Insider Buying and Selling at TripAdvisor

In related news, insider Seth J. Kalvert sold 10,880 shares of the 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 sale, the insider owned 136,914 shares in the company, valued at approximately $2,743,756.56. This represents a 7.36% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 3.10% of the company’s stock.

About TripAdvisor

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.