Cwm LLC Has $432,000 Stock Position in TripAdvisor, Inc. (NASDAQ:TRIP)

CWM LLC cut its stake in TripAdvisor, Inc. (NASDAQ:TRIP - Free Report) by 33.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 30,506 shares of the travel company's stock after selling 15,066 shares during the period. CWM LLC's holdings in TripAdvisor were worth $432,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Raymond James Financial Inc. acquired a new stake in shares of TripAdvisor during the fourth quarter worth $3,009,000. KLP Kapitalforvaltning AS acquired a new stake in shares of TripAdvisor during the fourth quarter worth $291,000. LPL Financial LLC raised its holdings in shares of TripAdvisor by 8.7% during the fourth quarter. LPL Financial LLC now owns 12,511 shares of the travel company's stock worth $185,000 after purchasing an additional 997 shares during the period. Mitsubishi UFJ Trust & Banking Corp raised its holdings in shares of TripAdvisor by 60.0% during the fourth quarter. Mitsubishi UFJ Trust & Banking Corp now owns 138,713 shares of the travel company's stock worth $2,049,000 after purchasing an additional 52,026 shares during the period. Finally, WINTON GROUP Ltd raised its holdings in shares of TripAdvisor by 158.9% during the fourth quarter. WINTON GROUP Ltd now owns 54,809 shares of the travel company's stock worth $810,000 after purchasing an additional 33,635 shares during the period. 98.99% of the stock is owned by institutional investors and hedge funds.

TripAdvisor Stock Down 0.4%

NASDAQ:TRIP traded down $0.08 during trading hours on Friday, reaching $17.82. 1,678,813 shares of the stock were exchanged, compared to its average volume of 5,407,611. TripAdvisor, Inc. has a twelve month low of $10.43 and a twelve month high of $18.66. The company has a debt-to-equity ratio of 1.88, a current ratio of 1.90 and a quick ratio of 1.90. The firm has a 50 day moving average of $15.12 and a 200 day moving average of $14.82. The stock has a market cap of $2.53 billion, a PE ratio of 48.16, a PEG ratio of 2.71 and a beta of 1.28.

TripAdvisor (NASDAQ:TRIP - Get Free Report) last announced its quarterly earnings data on Wednesday, May 7th. The travel company reported $0.14 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.05 by $0.09. The company had revenue of $398.00 million for the quarter, compared to analysts' expectations of $386.94 million. TripAdvisor had a return on equity of 10.68% and a net margin of 2.94%. The business's revenue was up .8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.12 EPS. On average, equities analysts expect that TripAdvisor, Inc. will post 0.46 earnings per share for the current year.

Analysts Set New Price Targets

Several research firms have recently commented on TRIP. Mizuho upgraded shares of TripAdvisor to a "hold" rating in a research report on Friday, April 18th. Bank of America began coverage on shares of TripAdvisor in a research report on Monday, July 14th. They set a "neutral" rating and a $19.00 price target for the company. UBS Group upped their price target on shares of TripAdvisor from $15.00 to $16.00 and gave the stock a "neutral" rating in a research report on Thursday, May 8th. Wall Street Zen lowered shares of TripAdvisor from a "strong-buy" rating to a "buy" rating in a research report on Saturday, June 14th. Finally, DA Davidson set a $16.25 target price on shares of TripAdvisor in a research report on Tuesday, July 8th. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of $17.40.

Insiders Place Their Bets

In other TripAdvisor news, CEO Almir Ambeskovic sold 16,643 shares of the stock in a transaction on Friday, May 16th. The stock was sold at an average price of $15.33, for a total transaction of $255,137.19. Following the transaction, the chief executive officer owned 15,931 shares in the company, valued at $244,222.23. This trade represents a 51.09% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 3.10% of the stock is owned by 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.