Tripadvisor, Inc. (NASDAQ:TRIP) Shares Sold by Alyeska Investment Group L.P.

Alyeska Investment Group L.P. decreased its position in shares of Tripadvisor, Inc. (NASDAQ:TRIP - Free Report) by 38.3% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 986,990 shares of the travel company's stock after selling 613,910 shares during the period. Alyeska Investment Group L.P. owned 0.71% of Tripadvisor worth $14,578,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Virtu Financial LLC acquired a new position in Tripadvisor in the third quarter valued at $201,000. GAMMA Investing LLC increased its stake in shares of Tripadvisor by 204.7% during the 4th quarter. GAMMA Investing LLC now owns 3,675 shares of the travel company's stock valued at $54,000 after acquiring an additional 2,469 shares during the last quarter. First Hawaiian Bank lifted its holdings in shares of Tripadvisor by 186.3% during the 4th quarter. First Hawaiian Bank now owns 34,671 shares of the travel company's stock worth $512,000 after acquiring an additional 22,563 shares during the period. Gilman Hill Asset Management LLC purchased a new position in shares of Tripadvisor during the 4th quarter worth about $3,632,000. Finally, MassMutual Private Wealth & Trust FSB acquired a new stake in shares of Tripadvisor in the fourth quarter worth approximately $295,000. Institutional investors and hedge funds own 98.99% of the company's stock.

Tripadvisor Stock Performance

Shares of TRIP stock traded up $0.08 on Friday, hitting $15.02. 4,268,329 shares of the stock traded hands, compared to its average volume of 2,402,669. The company's fifty day moving average is $13.15 and its 200 day moving average is $14.61. Tripadvisor, Inc. has a 1-year low of $10.43 and a 1-year high of $19.37. The company has a market capitalization of $2.11 billion, a PE ratio of 751.38, a PEG ratio of 9.01 and a beta of 1.27. The company has a debt-to-equity ratio of 0.93, a current ratio of 2.10 and a quick ratio of 1.85.

Tripadvisor (NASDAQ:TRIP - Get Free Report) last issued its earnings results on Wednesday, May 7th. The travel company reported $0.14 earnings per share for the quarter, topping analysts' consensus estimates of $0.05 by $0.09. Tripadvisor had a net margin of 0.33% and a return on equity of 9.02%. The company had revenue of $398.00 million for the quarter, compared to analysts' expectations of $386.94 million. During the same period in the prior year, the company earned $0.12 earnings per share. The firm's revenue was up .8% compared to the same quarter last year. On average, equities research analysts predict that Tripadvisor, Inc. will post 0.46 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on TRIP shares. B. Riley lowered their price target on Tripadvisor from $20.00 to $18.00 and set a "neutral" rating for the company in a research report on Monday, March 10th. Mizuho upgraded Tripadvisor to a "hold" rating in a report on Friday, April 18th. StockNews.com upgraded shares of Tripadvisor from a "hold" rating to a "buy" rating in a research note on Monday, February 24th. DA Davidson reissued a "neutral" rating and issued a $16.00 target price on shares of Tripadvisor in a research note on Thursday, February 20th. Finally, Cantor Fitzgerald decreased their price target on shares of Tripadvisor from $14.00 to $13.00 and set an "underweight" rating for the company in a research report on Friday, February 21st. Three analysts have rated the stock with a sell rating, nine have issued a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $17.36.

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.