TripAdvisor, Inc. $TRIP Shares Purchased by Amundi

Key Points

• Amundi increased its ownership of TripAdvisor, Inc. (NASDAQ: TRIP) by 29.1% in Q1, holding approximately $1.70 million worth of shares.
• TripAdvisor reported an EPS of $0.46 for the latest quarter, exceeding analyst expectations, with a revenue of $529 million.
• Analysts have upgraded the stock, with Citigroup raising the price target from $16.00 to $19.00, alongside a majority consensus rating of "Reduce" from various research firms.

Amundi raised its holdings in shares of TripAdvisor, Inc. (NASDAQ:TRIP - Free Report) by 29.1% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 130,849 shares of the travel company's stock after acquiring an additional 29,467 shares during the quarter. Amundi owned approximately 0.09% of TripAdvisor worth $1,698,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Tsfg LLC acquired a new position in shares of TripAdvisor during the 1st quarter worth about $35,000. Smartleaf Asset Management LLC boosted its position in shares of TripAdvisor by 86.9% during the 1st quarter. Smartleaf Asset Management LLC now owns 3,055 shares of the travel company's stock worth $43,000 after acquiring an additional 1,420 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC boosted its position in shares of TripAdvisor by 419.8% in the 1st quarter. Kayne Anderson Rudnick Investment Management LLC now owns 3,893 shares of the travel company's stock valued at $55,000 after purchasing an additional 3,144 shares during the period. Quarry LP boosted its position in shares of TripAdvisor by 571.0% in the 1st quarter. Quarry LP now owns 5,697 shares of the travel company's stock valued at $81,000 after purchasing an additional 4,848 shares during the period. Finally, Atlas Capital Advisors Inc. acquired a new stake in shares of TripAdvisor in the 1st quarter valued at about $128,000. 98.99% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have commented on TRIP. B. Riley upped their price objective on TripAdvisor from $17.00 to $21.00 and gave the company a "neutral" rating in a research note on Monday, August 11th. Citigroup upped their price objective on TripAdvisor from $16.00 to $19.00 and gave the company a "neutral" rating in a research note on Monday, August 18th. Bank of America began coverage on TripAdvisor in a research note on Monday, July 14th. They set a "neutral" rating and a $19.00 price objective for the company. Wall Street Zen raised TripAdvisor from a "buy" rating to a "strong-buy" rating in a research note on Saturday. Finally, UBS Group reaffirmed a "neutral" rating on shares of TripAdvisor in a research note on Sunday, August 10th. Eight investment analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, TripAdvisor has a consensus rating of "Reduce" and a consensus price target of $17.36.

TripAdvisor Stock Performance

Shares of TRIP stock traded up $1.13 during trading hours on Monday, reaching $18.86. 3,979,886 shares of the company's stock were exchanged, compared to its average volume of 1,859,084. TripAdvisor, Inc. has a 1 year low of $10.43 and a 1 year high of $19.26. The company has a market cap of $2.19 billion, a P/E ratio of 39.29, a price-to-earnings-growth ratio of 2.81 and a beta of 1.27. The company's 50 day moving average is $17.49 and its two-hundred day moving average is $15.00. The company has a debt-to-equity ratio of 1.37, a current ratio of 1.24 and a quick ratio of 1.24.

TripAdvisor (NASDAQ:TRIP - Get Free Report) last released its quarterly earnings data on Thursday, August 7th. The travel company reported $0.46 earnings per share for the quarter, beating 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 firm had revenue of $529.00 million during the quarter, compared to the consensus estimate of $529.91 million. During the same period last year, the business posted $0.39 EPS. TripAdvisor's quarterly revenue was up 6.4% on a year-over-year basis. TripAdvisor has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. Equities research analysts anticipate that TripAdvisor, Inc. will post 0.46 EPS for the current fiscal year.

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.