Public Sector Pension Investment Board Increases Holdings in TripAdvisor, Inc. $TRIP

Key Points

• The Public Sector Pension Investment Board increased its holdings in TripAdvisor by 27.4%, acquiring an additional 75,031 shares and now owns approximately 0.25% of the company, valued at around $4.95 million.
• Other institutional investors also boosted their positions in TripAdvisor, with Ameriprise Financial increasing its stake by 179.5%, acquiring over 2.8 million shares.
• TripAdvisor recently reported $0.46 EPS for the last quarter, beating expectations, while revenue increased by 6.4% year-over-year, despite being slightly below analysts' expectations.

Public Sector Pension Investment Board raised its stake in shares of TripAdvisor, Inc. (NASDAQ:TRIP - Free Report) by 27.4% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 349,163 shares of the travel company's stock after buying an additional 75,031 shares during the quarter. Public Sector Pension Investment Board owned about 0.25% of TripAdvisor worth $4,948,000 at the end of the most recent quarter.

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

Analysts Set New Price Targets

TRIP has been the subject of a number of research analyst reports. B. Riley lifted their target price on TripAdvisor from $17.00 to $21.00 and gave the stock a "neutral" rating in a report on Monday, August 11th. UBS Group reissued a "neutral" rating on shares of TripAdvisor in a report on Sunday, August 10th. DA Davidson set a $16.25 target price on TripAdvisor in a report on Tuesday, July 8th. Wall Street Zen lowered TripAdvisor from a "strong-buy" rating to a "buy" rating in a report on Saturday, June 14th. Finally, JPMorgan Chase & Co. lifted their target price on TripAdvisor from $11.00 to $13.00 and gave the stock an "underweight" rating in a report on Friday, May 9th. Nine investment analysts have rated the stock with a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, TripAdvisor has an average rating of "Reduce" and a consensus price target of $17.33.

TripAdvisor Stock Performance

NASDAQ TRIP traded up $0.24 on Tuesday, hitting $16.96. 1,906,671 shares of the company traded hands, compared to its average volume of 3,317,989. The company has a market capitalization of $1.97 billion, a price-to-earnings ratio of 35.33, a P/E/G ratio of 2.62 and a beta of 1.30. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 1.37. The business's 50 day moving average price is $16.17 and its 200-day moving average price is $14.93. TripAdvisor, Inc. has a 52-week low of $10.43 and a 52-week high of $19.26.

TripAdvisor (NASDAQ:TRIP - Get Free Report) last released its earnings results 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. The company had revenue of $529.00 million for the quarter, compared to the consensus estimate of $529.91 million. TripAdvisor had a return on equity of 12.40% and a net margin of 3.53%.TripAdvisor's quarterly revenue was up 6.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.39 earnings per share. TripAdvisor has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. Equities analysts expect that TripAdvisor, Inc. will post 0.46 earnings per share 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.