61,340 Shares in TripAdvisor, Inc. $TRIP Bought by Algert Global LLC

Key Points

• Algert Global LLC invested $869,000 in TripAdvisor, Inc. by acquiring 61,340 shares during Q1, signaling confidence in the travel company.
• Several hedge funds, including Raymond James and Public Sector Pension Investment Board, have significantly increased their stakes in TripAdvisor, showcasing strong institutional interest.
• After recent earnings, TripAdvisor exceeded EPS expectations by reporting $0.46, despite slightly missing revenue estimates, with analysts maintaining a consensus rating of "Reduce" and an average target price of $17.33.

Algert Global LLC acquired a new stake in TripAdvisor, Inc. (NASDAQ:TRIP - Free Report) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 61,340 shares of the travel company's stock, valued at approximately $869,000.

Other large investors also recently modified their holdings of the company. Wittenberg Investment Management Inc. boosted its position in shares of TripAdvisor by 80.0% in the first quarter. Wittenberg Investment Management Inc. now owns 126,000 shares of the travel company's stock valued at $1,785,000 after acquiring an additional 56,000 shares during the period. GAMMA Investing LLC boosted its position in shares of TripAdvisor by 904.8% in the first quarter. GAMMA Investing LLC now owns 36,927 shares of the travel company's stock valued at $523,000 after acquiring an additional 33,252 shares during the period. Teacher Retirement System of Texas bought a new position in shares of TripAdvisor in the first quarter valued at approximately $235,000. Point72 Asset Management L.P. lifted its position in TripAdvisor by 483.9% during the fourth quarter. Point72 Asset Management L.P. now owns 723,904 shares of the travel company's stock valued at $10,692,000 after purchasing an additional 599,933 shares during the last quarter. Finally, Lightrock Netherlands B.V. lifted its position in TripAdvisor by 54.4% during the first 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 last quarter. 98.99% of the stock is currently owned by institutional investors.

TripAdvisor Trading Up 2.2%

Shares of NASDAQ TRIP traded up $0.38 during mid-day trading on Friday, hitting $17.42. The stock had a trading volume of 1,831,106 shares, compared to its average volume of 2,962,977. The company has a debt-to-equity ratio of 1.37, a quick ratio of 1.24 and a current ratio of 1.24. TripAdvisor, Inc. has a 1 year low of $10.43 and a 1 year high of $19.26. The business has a 50 day moving average price of $16.78 and a two-hundred day moving average price of $14.92. The firm has a market cap of $2.02 billion, a P/E ratio of 36.29, a price-to-earnings-growth ratio of 2.70 and a beta of 1.30.

TripAdvisor (NASDAQ:TRIP - Get Free Report) last issued its earnings results on Thursday, August 7th. The travel company reported $0.46 EPS for the quarter, topping the consensus estimate of $0.43 by $0.03. TripAdvisor had a net margin of 3.53% and a return on equity of 12.40%. The company had revenue of $529.00 million for the quarter, compared to the consensus estimate of $529.91 million. During the same period in the previous year, the firm earned $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. On average, equities analysts anticipate that TripAdvisor, Inc. will post 0.46 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the stock. Citigroup lifted their target price on shares of TripAdvisor from $16.00 to $19.00 and gave the company a "neutral" rating in a research report on Monday, August 18th. UBS Group reiterated a "neutral" rating on shares of TripAdvisor in a research report on Sunday, August 10th. Bank of America assumed coverage on shares of TripAdvisor in a research report on Monday, July 14th. They set a "neutral" rating and a $19.00 target price for the company. DA Davidson set a $16.25 target price on shares of TripAdvisor in a research report on Tuesday, July 8th. Finally, Wall Street Zen lowered shares of TripAdvisor from a "strong-buy" rating to a "buy" rating in a research report on Saturday, June 14th. Nine analysts have rated the stock with a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, TripAdvisor presently has a consensus rating of "Reduce" and an average price target of $17.33.

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.