Palliser Capital UK Ltd Makes New Investment in TripAdvisor, Inc. $TRIP

Key Points

• Palliser Capital UK Ltd made a significant investment in TripAdvisor by purchasing 1,240,791 shares valued at approximately $16.2 million, making it the company's 3rd largest position.
• Analysts have mixed views on TripAdvisor, with B. Riley raising the price target to $21 but others downgrading the stock's rating, leading to an average target price of $17.03.
• TripAdvisor reported a 6.4% increase in year-over-year revenue and earnings per share of $0.46, exceeding analyst expectations of $0.43.

Palliser Capital UK Ltd purchased a new stake in TripAdvisor, Inc. (NASDAQ:TRIP - Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 1,240,791 shares of the travel company's stock, valued at approximately $16,192,000. TripAdvisor comprises 11.8% of Palliser Capital UK Ltd's portfolio, making the stock its 3rd biggest position. Palliser Capital UK Ltd owned 0.87% of TripAdvisor at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of TRIP. Nuveen LLC bought a new stake in shares of TripAdvisor in the 1st quarter valued at about $32,536,000. Royal Bank of Canada increased its stake in shares of TripAdvisor by 82,306.8% in the 1st quarter. Royal Bank of Canada now owns 1,528,647 shares of the travel company's stock valued at $21,661,000 after acquiring an additional 1,526,792 shares during the last quarter. Ameriprise Financial Inc. increased its stake in shares of TripAdvisor by 27.7% in the 1st quarter. Ameriprise Financial Inc. now owns 5,635,384 shares of the travel company's stock valued at $79,852,000 after acquiring an additional 1,222,958 shares during the last quarter. GMT Capital Corp bought a new stake in shares of TripAdvisor in the 1st quarter valued at about $8,081,000. Finally, Acadian Asset Management LLC increased its stake in shares of TripAdvisor by 517.9% in the 1st quarter. Acadian Asset Management LLC now owns 623,403 shares of the travel company's stock valued at $8,830,000 after acquiring an additional 522,518 shares during the last quarter. 98.99% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. B. Riley upped their price target on TripAdvisor from $17.00 to $21.00 and gave the company a "neutral" rating in a research note on Monday, August 11th. Weiss Ratings reissued a "hold (c)" rating on shares of TripAdvisor in a research note on Wednesday, October 8th. Wall Street Zen cut TripAdvisor from a "strong-buy" rating to a "buy" rating in a research note on Saturday, October 11th. UBS Group reissued a "neutral" rating on shares of TripAdvisor in a research note on Sunday, August 10th. Finally, DA Davidson set a $16.25 target price on TripAdvisor in a research note on Tuesday, July 8th. Eight analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, TripAdvisor presently has an average rating of "Reduce" and an average target price of $17.03.

TripAdvisor Trading Down 1.2%

NASDAQ:TRIP opened at $15.31 on Friday. TripAdvisor, Inc. has a twelve month low of $10.43 and a twelve month high of $20.16. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 1.37. The business has a 50 day moving average price of $17.07 and a two-hundred day moving average price of $15.38. The company has a market cap of $1.78 billion, a P/E ratio of 31.90, a price-to-earnings-growth ratio of 2.41 and a beta of 1.21.

TripAdvisor (NASDAQ:TRIP - Get Free Report) last released its quarterly earnings results on Thursday, August 7th. The travel company reported $0.46 earnings per share for the quarter, topping analysts' consensus estimates 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 quarter in the prior year, the firm posted $0.39 EPS. The business's 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. As a group, analysts expect that TripAdvisor, Inc. will post 0.46 EPS for the current fiscal year.

Insiders Place Their Bets

In other TripAdvisor news, insider Seth J. Kalvert sold 10,880 shares of the company's stock in a transaction that occurred on Friday, September 19th. The stock was sold at an average price of $20.04, for a total transaction of $218,035.20. Following the completion of the transaction, the insider owned 136,914 shares of the company's stock, valued at $2,743,756.56. This represents a 7.36% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 3.10% of the stock is currently owned by company insiders.

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.

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