Css LLC Il Invests $379,000 in Tripadvisor, Inc. (NASDAQ:TRIP)

Css LLC Il acquired a new position in shares of Tripadvisor, Inc. (NASDAQ:TRIP - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 25,667 shares of the travel company's stock, valued at approximately $379,000.

A number of other institutional investors and hedge funds have also made changes to their positions in TRIP. MassMutual Private Wealth & Trust FSB acquired a new position in shares of Tripadvisor during the fourth quarter worth about $295,000. Dakota Wealth Management acquired a new position in shares of Tripadvisor during the fourth quarter worth about $1,053,000. SG Americas Securities LLC grew its position in shares of Tripadvisor by 679.5% during the fourth quarter. SG Americas Securities LLC now owns 738,731 shares of the travel company's stock worth $10,911,000 after buying an additional 643,963 shares in the last quarter. Janney Montgomery Scott LLC acquired a new position in shares of Tripadvisor during the fourth quarter worth about $308,000. Finally, Blue Trust Inc. boosted its holdings in Tripadvisor by 204.4% in the fourth quarter. Blue Trust Inc. now owns 2,298 shares of the travel company's stock valued at $33,000 after purchasing an additional 1,543 shares in the last quarter. 98.99% of the stock is owned by institutional investors and hedge funds.

Tripadvisor Price Performance

TRIP stock opened at $13.87 on Friday. The company has a market capitalization of $1.97 billion, a P/E ratio of 693.85, a PEG ratio of 9.01 and a beta of 1.27. Tripadvisor, Inc. has a twelve month low of $10.43 and a twelve month high of $18.80. The business has a 50 day simple moving average of $13.37 and a 200-day simple moving average of $14.55. The company has a current ratio of 2.10, a quick ratio of 1.85 and a debt-to-equity ratio of 0.93.

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

Insider Buying and Selling

In related news, CEO Almir Ambeskovic sold 16,643 shares of the stock in a transaction on Friday, May 16th. The stock was sold at an average price of $15.33, for a total transaction of $255,137.19. Following the completion of the sale, the chief executive officer now directly owns 15,931 shares of the company's stock, valued at $244,222.23. This trade represents a 51.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 3.10% of the company's stock.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the company. DA Davidson reaffirmed a "neutral" rating and issued a $16.00 price target on shares of Tripadvisor in a report on Thursday, February 20th. Mizuho raised Tripadvisor to a "hold" rating in a report on Friday, April 18th. Cantor Fitzgerald lowered their price target on Tripadvisor from $14.00 to $13.00 and set an "underweight" rating for the company in a report on Friday, February 21st. Wall Street Zen raised Tripadvisor from a "hold" rating to a "buy" rating in a report on Monday, February 24th. Finally, UBS Group upped their price target on Tripadvisor from $15.00 to $16.00 and gave the company a "neutral" rating in a report on Thursday, May 8th. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating and three have assigned a buy rating to the company. According to MarketBeat, Tripadvisor has an average rating of "Hold" and a consensus target price of $17.25.

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.

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