TripAdvisor, Inc. $TRIP Shares Acquired by Landscape Capital Management L.L.C.

Key Points

• Landscape Capital Management L.L.C. significantly increased its stake in TripAdvisor by 130.2% during the first quarter, owning approximately $6.91 million in the company.
• Various large investors, including LPL Financial LLC and Smartleaf Asset Management LLC, have also increased their holdings in TripAdvisor this year, indicating heightened interest from institutional investors.
• TripAdvisor's most recent quarterly earnings surpassed expectations, reporting $0.46 earnings per share against estimates of $0.43, alongside a revenue growth of 6.4% compared to the previous year.

Landscape Capital Management L.L.C. lifted its holdings in shares of TripAdvisor, Inc. (NASDAQ:TRIP - Free Report) by 130.2% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 487,892 shares of the travel company's stock after purchasing an additional 275,970 shares during the quarter. TripAdvisor comprises about 0.6% of Landscape Capital Management L.L.C.'s holdings, making the stock its 25th biggest holding. Landscape Capital Management L.L.C. owned about 0.35% of TripAdvisor worth $6,913,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the business. Wittenberg Investment Management Inc. increased its position in shares of TripAdvisor by 80.0% during the first quarter. Wittenberg Investment Management Inc. now owns 126,000 shares of the travel company's stock worth $1,785,000 after acquiring an additional 56,000 shares during the period. GAMMA Investing LLC increased its position in shares of TripAdvisor by 904.8% during the first quarter. GAMMA Investing LLC now owns 36,927 shares of the travel company's stock worth $523,000 after acquiring an additional 33,252 shares during the period. Teacher Retirement System of Texas purchased a new stake in shares of TripAdvisor during the first quarter worth $235,000. Point72 Asset Management L.P. increased its position in shares of TripAdvisor by 483.9% during the fourth quarter. Point72 Asset Management L.P. now owns 723,904 shares of the travel company's stock worth $10,692,000 after acquiring an additional 599,933 shares during the period. Finally, Lightrock Netherlands B.V. increased its position in shares of TripAdvisor by 54.4% during the first quarter. Lightrock Netherlands B.V. now owns 791,287 shares of the travel company's stock worth $11,231,000 after acquiring an additional 278,821 shares during the period. 98.99% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages recently issued reports on TRIP. B. Riley lifted their price target on shares of TripAdvisor from $17.00 to $21.00 and gave the stock a "neutral" rating in a research note on Monday, August 11th. Bank of America started coverage on TripAdvisor in a report on Monday, July 14th. They issued a "neutral" rating and a $19.00 target price on the stock. Wall Street Zen downgraded TripAdvisor from a "strong-buy" rating to a "buy" rating in a report on Saturday, June 14th. Citigroup raised their price objective on shares of TripAdvisor from $16.00 to $19.00 and gave the stock a "neutral" rating in a report on Monday, August 18th. Finally, JPMorgan Chase & Co. upped their target price on shares of TripAdvisor from $11.00 to $13.00 and gave the company an "underweight" rating in a report on Friday, May 9th. Nine analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, TripAdvisor presently has a consensus rating of "Reduce" and a consensus price target of $17.33.

TripAdvisor Stock Performance

Shares of TripAdvisor stock traded up $0.38 during trading on Friday, reaching $17.42. The company's stock had a trading volume of 1,831,106 shares, compared to its average volume of 2,962,977. The company has a 50-day moving average price of $16.78 and a two-hundred day moving average price of $14.90. The firm has a market cap of $2.02 billion, a PE ratio of 36.29, a P/E/G ratio of 2.76 and a beta of 1.30. TripAdvisor, Inc. has a fifty-two week low of $10.43 and a fifty-two week high of $19.26. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 1.37.

TripAdvisor (NASDAQ:TRIP - Get Free Report) last announced its earnings results on Thursday, August 7th. The travel company reported $0.46 EPS for the quarter, beating analysts' consensus estimates of $0.43 by $0.03. The business had revenue of $529.00 million for the quarter, compared to analysts' expectations of $529.91 million. TripAdvisor had a net margin of 3.53% and a return on equity of 12.40%. The company's quarterly revenue was up 6.4% on a year-over-year basis. During the same period in the previous year, the company posted $0.39 EPS. TripAdvisor has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. On average, analysts forecast that TripAdvisor, Inc. will post 0.46 EPS for the current year.

TripAdvisor 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.