TripAdvisor, Inc. $TRIP Shares Bought by Gotham Asset Management LLC

Key Points

• Gotham Asset Management LLC has increased its holdings in TripAdvisor by 9.5%, acquiring 101,921 shares during the first quarter, bringing its total ownership to about 1.18 million shares valued at $16.66 million.
• Institutional investors collectively own 98.99% of TripAdvisor, indicating a strong institutional interest in the company's stock.
• TripAdvisor reported a quarterly EPS of $0.46, exceeding analysts' estimates, with overall revenue for the quarter amounting to $529 million, reflecting a 6.4% year-over-year increase.

Gotham Asset Management LLC raised its holdings in TripAdvisor, Inc. (NASDAQ:TRIP - Free Report) by 9.5% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,175,694 shares of the travel company's stock after acquiring an additional 101,921 shares during the quarter. Gotham Asset Management LLC owned 0.84% of TripAdvisor worth $16,660,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Ameriprise Financial Inc. raised its stake in shares of TripAdvisor by 179.5% during the 4th quarter. Ameriprise Financial Inc. now owns 4,412,426 shares of the travel company's stock worth $65,172,000 after buying an additional 2,833,528 shares during the last quarter. Nuveen LLC acquired a new position in shares of TripAdvisor during the 1st quarter worth $32,536,000. Royal Bank of Canada raised its stake in shares of TripAdvisor by 82,306.8% during the 1st quarter. Royal Bank of Canada now owns 1,528,647 shares of the travel company's stock worth $21,661,000 after buying an additional 1,526,792 shares during the last quarter. Point72 Asset Management L.P. raised its stake in shares of TripAdvisor by 483.9% during the 4th quarter. Point72 Asset Management L.P. now owns 723,904 shares of the travel company's stock worth $10,692,000 after buying an additional 599,933 shares during the last quarter. Finally, Nuveen Asset Management LLC raised its stake in shares of TripAdvisor by 58.8% during the 4th quarter. Nuveen Asset Management LLC now owns 1,607,302 shares of the travel company's stock worth $23,740,000 after buying an additional 595,053 shares during the last quarter. Institutional investors and hedge funds own 98.99% of the company's stock.

TripAdvisor Trading Down 0.1%

Shares of NASDAQ:TRIP traded down $0.03 during trading on Wednesday, reaching $17.74. 1,264,926 shares of the stock were exchanged, compared to its average volume of 3,128,005. The firm has a market cap of $2.06 billion, a price-to-earnings ratio of 36.95, a price-to-earnings-growth ratio of 2.70 and a beta of 1.27. TripAdvisor, Inc. has a 12-month low of $10.43 and a 12-month high of $19.26. The firm's 50-day moving average price is $17.38 and its 200 day moving average price is $14.91. 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 (NASDAQ:TRIP - Get Free Report) last issued its quarterly earnings data on Thursday, August 7th. The travel company reported $0.46 earnings per share (EPS) for the quarter, beating 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 during the quarter, compared to the consensus estimate of $529.91 million. During the same quarter last year, the company earned $0.39 earnings per share. TripAdvisor'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, sell-side analysts anticipate that TripAdvisor, Inc. will post 0.46 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on TRIP shares. B. Riley boosted their target price on shares of TripAdvisor from $17.00 to $21.00 and gave the company a "neutral" rating in a research note on Monday, August 11th. Wall Street Zen downgraded shares of TripAdvisor from a "strong-buy" rating to a "buy" rating in a research note on Saturday, June 14th. DA Davidson set a $16.25 target price on shares of TripAdvisor in a research note on Tuesday, July 8th. Citigroup boosted their target price on shares of TripAdvisor from $16.00 to $19.00 and gave the company a "neutral" rating in a research note on Monday, August 18th. Finally, UBS Group restated a "neutral" rating on shares of TripAdvisor in a report on Sunday, August 10th. Eight research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Reduce" and a consensus price target of $17.36.

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.