Aquatic Capital Management LLC Sells 115,406 Shares of Tripadvisor, Inc. (NASDAQ:TRIP)

Aquatic Capital Management LLC reduced its position in shares of Tripadvisor, Inc. (NASDAQ:TRIP - Free Report) by 57.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 84,294 shares of the travel company's stock after selling 115,406 shares during the quarter. Aquatic Capital Management LLC owned 0.06% of Tripadvisor worth $1,245,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of TRIP. Toronado Partners LLC purchased a new stake in Tripadvisor in the 4th quarter worth about $10,533,000. SG Americas Securities LLC lifted its position in shares of Tripadvisor by 679.5% in the fourth quarter. SG Americas Securities LLC now owns 738,731 shares of the travel company's stock worth $10,911,000 after purchasing an additional 643,963 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Tripadvisor by 20.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 3,633,866 shares of the travel company's stock worth $53,674,000 after purchasing an additional 615,519 shares in the last quarter. Lightrock Netherlands B.V. acquired a new stake in shares of Tripadvisor during the fourth quarter worth approximately $7,607,000. Finally, ExodusPoint Capital Management LP purchased a new position in Tripadvisor during the fourth quarter valued at approximately $5,170,000. Hedge funds and other institutional investors own 98.99% of the company's stock.

Tripadvisor Stock Performance

TRIP stock traded up $0.18 during mid-day trading on Friday, reaching $12.87. 1,683,101 shares of the stock traded hands, compared to its average volume of 2,469,245. The firm has a market capitalization of $1.81 billion, a PE ratio of 643.82, a P/E/G ratio of 9.01 and a beta of 1.25. The business has a 50-day moving average of $13.23 and a two-hundred day moving average of $14.66. Tripadvisor, Inc. has a 52 week low of $10.43 and a 52 week high of $26.72. The company has a quick ratio of 1.85, a current ratio of 2.10 and a debt-to-equity ratio of 0.93.

Tripadvisor (NASDAQ:TRIP - Get Free Report) last released its earnings results on Thursday, February 20th. The travel company reported $0.13 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.21 by ($0.08). Tripadvisor had a net margin of 0.33% and a return on equity of 9.02%. The business had revenue of $411.00 million during the quarter, compared to analyst estimates of $400.02 million. As a group, equities analysts predict that Tripadvisor, Inc. will post 0.46 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. JPMorgan Chase & Co. decreased their target price on shares of Tripadvisor from $15.00 to $11.00 and set an "underweight" rating for the company in a research note on Tuesday, April 8th. DA Davidson reissued a "neutral" rating and set a $16.00 price objective on shares of Tripadvisor in a research report on Thursday, February 20th. UBS Group dropped their target price on Tripadvisor from $18.00 to $15.00 and set a "neutral" rating on the stock in a research report on Monday, April 28th. Mizuho upgraded Tripadvisor to a "hold" rating in a report on Friday, April 18th. Finally, StockNews.com raised shares of Tripadvisor from a "hold" rating to a "buy" rating in a research report on Monday, February 24th. Three equities research analysts have rated the stock with a sell rating, nine have given a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, Tripadvisor has a consensus rating of "Hold" and a consensus target price of $17.14.

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.