Russell Investments Group Ltd. Reduces Stock Position in TripAdvisor, Inc. $TRIP

Key Points

• Russell Investments Group Ltd. reduced its stake in TripAdvisor by 64.6%, selling 267,163 shares to end up with 146,174 shares valued at approximately $2.07 million.
• TripAdvisor's consensus rating has been downgraded to "Reduce" by analysts, with a current average price target of $17.33.
• The company reported a 6.4% increase in revenue year-over-year and a quarterly earnings per share (EPS) of $0.46, beating estimates by $0.03.

Russell Investments Group Ltd. lessened its stake in shares of TripAdvisor, Inc. (NASDAQ:TRIP - Free Report) by 64.6% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 146,174 shares of the travel company's stock after selling 267,163 shares during the quarter. Russell Investments Group Ltd. owned approximately 0.10% of TripAdvisor worth $2,071,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in TRIP. Tsfg LLC purchased a new stake in TripAdvisor in the 1st quarter valued at about $35,000. Point72 Asia Singapore Pte. Ltd. grew its holdings in TripAdvisor by 150,850.0% in the 4th quarter. Point72 Asia Singapore Pte. Ltd. now owns 9,057 shares of the travel company's stock valued at $134,000 after buying an additional 9,051 shares during the period. Atlas Capital Advisors Inc. purchased a new stake in TripAdvisor in the 1st quarter valued at about $128,000. Ethic Inc. purchased a new stake in TripAdvisor in the 4th quarter valued at about $163,000. Finally, Brown Miller Wealth Management LLC purchased a new stake in TripAdvisor in the 1st quarter valued at about $164,000. Hedge funds and other institutional investors own 98.99% of the company's stock.

Analyst Upgrades and Downgrades

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

TripAdvisor Stock Performance

NASDAQ TRIP opened at $17.03 on Tuesday. The firm has a market capitalization of $1.98 billion, a P/E ratio of 35.48, a P/E/G ratio of 2.80 and a beta of 1.30. TripAdvisor, Inc. has a 1-year low of $10.43 and a 1-year high of $19.26. The company has a debt-to-equity ratio of 1.37, a current ratio of 1.24 and a quick ratio of 1.24. The business's 50-day simple moving average is $16.45 and its 200-day simple moving average is $14.90.

TripAdvisor (NASDAQ:TRIP - Get Free Report) last released its quarterly earnings data 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 business had revenue of $529.00 million for the quarter, compared to analyst estimates of $529.91 million. TripAdvisor had a return on equity of 12.40% and a net margin of 3.53%.The company's revenue was up 6.4% compared to the same quarter last year. 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. Equities analysts predict that TripAdvisor, Inc. will post 0.46 EPS for the current year.

TripAdvisor Company 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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