First Trust Advisors LP Has $1.14 Million Holdings in TripAdvisor, Inc. $TRIP

First Trust Advisors LP raised its stake in TripAdvisor, Inc. (NASDAQ:TRIP) by 107.3% in the first quarter, Holdings Channel.com reports. The firm owned 106,487 shares of the travel company’s stock after acquiring an additional 55,130 shares during the period. First Trust Advisors LP’s holdings in TripAdvisor were worth $1,135,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of TripAdvisor by 29.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 81,998 shares of the travel company’s stock worth $1,162,000 after purchasing an additional 18,699 shares in the last quarter. Jones Financial Companies Lllp grew its holdings in shares of TripAdvisor by 1,183.2% in 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. Empowered Funds LLC increased its holdings in shares of TripAdvisor by 14.2% during the first quarter. Empowered Funds LLC now owns 13,475 shares of the travel company’s stock worth $191,000 after buying an additional 1,676 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in TripAdvisor by 8.0% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 297,532 shares of the travel company’s stock valued at $4,216,000 after purchasing an additional 22,136 shares in the last quarter. Finally, Creative Planning bought a new position in shares of TripAdvisor in the second quarter valued at about $349,000. Institutional investors and hedge funds own 98.99% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the stock. Barclays dropped their price objective on shares of TripAdvisor from $10.00 to $9.00 and set an “underweight” rating for the company in a research report on Monday, May 11th. Weiss Ratings restated a “sell (d)” rating on shares of TripAdvisor in a research report on Friday, May 15th. UBS Group lifted their price objective on TripAdvisor from $13.70 to $15.00 and gave the stock a “neutral” rating in a research note on Thursday, July 30th. BTIG Research downgraded TripAdvisor from a “buy” rating to a “neutral” rating in a report on Tuesday, July 21st. Finally, Wedbush increased their target price on TripAdvisor from $19.00 to $20.00 and gave the company an “outperform” rating in a research note on Tuesday, June 16th. Four research analysts have rated the stock with a Buy rating, seven have given a Hold rating and five have given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Reduce” and an average target price of $14.71.

Insider Buying and Selling at TripAdvisor

In related news, CEO Almir Ambeskovic sold 8,000 shares of the business’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $12.30, for a total value of $98,400.00. Following the completion of the transaction, the chief executive officer directly owned 34,396 shares in the company, valued at approximately $423,070.80. The trade was a 18.87% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.00% of the stock is owned by company insiders.

Trending Headlines about TripAdvisor

Here are the key news stories impacting TripAdvisor this week:

• Positive Sentiment: Bank of America Securities maintained a Buy rating and a $15 price target. The analyst acknowledged cyclical weakness but cited growth in Tripadvisor’s Experiences business and potential proceeds from the TheFork sale as sources of value. Analyst Maintains Buy on TripAdvisor
• Positive Sentiment: Management expects third-quarter Experiences bookings to grow approximately 5% to 7%. TheFork sale process could also provide capital and sharpen the company’s strategic focus. Tripadvisor expects Q3 experiences booked growth
• Neutral Sentiment: Tripadvisor said CFO Mike Noonan will hold investor meetings at the Oppenheimer Technology, Internet & Communications Conference on August 11. The event may provide additional details on strategy, operating trends, and the TheFork transaction. Tripadvisor Announces Participation at Upcoming Conferences
• Negative Sentiment: Second-quarter results were below expectations: adjusted EPS was $0.35 versus a roughly $0.38–$0.42 consensus, while revenue of $385.3 million was well below estimates near $506 million. Revenue declined 7.2% year over year, and EPS fell from $0.46 a year earlier. TripAdvisor Q2 Earnings and Revenues Lag Estimates
• Negative Sentiment: JPMorgan downgraded Tripadvisor to Underweight and cut its price target from $11 to $10, while Cantor Fitzgerald also assigned an Underweight rating and lowered its target from $10 to $9. The revisions reinforce concerns about slowing growth and near-term execution.
• Negative Sentiment: Coverage has emphasized that Tripadvisor’s growth is trailing major rivals, raising questions about whether the company may need additional asset sales or strategic changes to improve performance. Tripadvisor’s Growth Is Way Behind Rivals

TripAdvisor Stock Performance

Shares of TripAdvisor stock opened at $10.78 on Monday. The company has a market capitalization of $1.25 billion, a PE ratio of 1,079.08, a PEG ratio of 2.11 and a beta of 0.86. TripAdvisor, Inc. has a 12 month low of $9.01 and a 12 month high of $20.16. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 1.28. The stock’s fifty day simple moving average is $13.27 and its 200 day simple moving average is $11.70.

TripAdvisor (NASDAQ:TRIP) last posted its earnings results on Thursday, August 6th. The travel company reported $0.35 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.03). TripAdvisor had a net margin of 0.28% and a return on equity of 4.23%. The business had revenue of $385.30 million during the quarter, compared to analyst estimates of $506.27 million. During the same period in the previous year, the firm posted $0.46 earnings per share. The firm’s revenue was down 7.2% on a year-over-year basis. On average, research analysts predict that TripAdvisor, Inc. will post 0.69 EPS for the current year.

About TripAdvisor

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.