TripAdvisor, Inc. (NASDAQ:TRIP) Shares Sold by U S Global Investors Inc.

U S Global Investors Inc. decreased its holdings in shares of TripAdvisor, Inc. (NASDAQ:TRIP - Free Report) by 27.6% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,117,375 shares of the travel company's stock after selling 425,681 shares during the quarter. TripAdvisor comprises about 2.1% of U S Global Investors Inc.'s investment portfolio, making the stock its 13th biggest position. U S Global Investors Inc. owned about 0.80% of TripAdvisor worth $15,833,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Ameriprise Financial Inc. boosted its stake in TripAdvisor by 179.5% in the 4th quarter. Ameriprise Financial Inc. now owns 4,412,426 shares of the travel company's stock worth $65,172,000 after buying an additional 2,833,528 shares during the last quarter. AQR Capital Management LLC lifted its holdings in shares of TripAdvisor by 40.1% during the 4th quarter. AQR Capital Management LLC now owns 3,364,542 shares of the travel company's stock worth $49,694,000 after acquiring an additional 962,262 shares during the period. Toronado Partners LLC purchased a new position in shares of TripAdvisor during the 4th quarter worth about $10,533,000. Gotham Asset Management LLC boosted its position in shares of TripAdvisor by 170.6% in the fourth quarter. Gotham Asset Management LLC now owns 1,073,773 shares of the travel company's stock worth $15,860,000 after acquiring an additional 676,977 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in TripAdvisor by 20.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 3,633,866 shares of the travel company's stock valued at $53,674,000 after purchasing an additional 615,519 shares during the period. Hedge funds and other institutional investors own 98.99% of the company's stock.

Analysts Set New Price Targets

TRIP has been the topic of a number of recent analyst reports. Mizuho raised shares of TripAdvisor to a "hold" rating in a research note on Friday, April 18th. DA Davidson lifted their target price on TripAdvisor from $16.00 to $16.25 and gave the company a "neutral" rating in a report on Thursday, May 29th. B. Riley lowered their price target on TripAdvisor from $20.00 to $18.00 and set a "neutral" rating for the company in a research report on Monday, March 10th. Wall Street Zen downgraded TripAdvisor from a "strong-buy" rating to a "buy" rating in a report on Saturday, June 14th. Finally, UBS Group lifted their price objective on TripAdvisor from $15.00 to $16.00 and gave the company a "neutral" rating in a research note on Thursday, May 8th. Two analysts have rated the stock with a sell rating, nine have given a hold rating and three have assigned a buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $17.27.

TripAdvisor Stock Up 1.2%

NASDAQ TRIP traded up $0.15 on Friday, reaching $13.06. The company had a trading volume of 23,501,519 shares, compared to its average volume of 2,553,885. The company has a debt-to-equity ratio of 1.88, a current ratio of 1.90 and a quick ratio of 1.90. TripAdvisor, Inc. has a 1 year low of $10.43 and a 1 year high of $18.66. The firm has a 50-day moving average of $13.70 and a 200-day moving average of $14.43. The firm has a market capitalization of $1.85 billion, a PE ratio of 35.30, a P/E/G ratio of 2.23 and a beta of 1.32.

TripAdvisor (NASDAQ:TRIP - Get Free Report) last released its quarterly earnings results on Wednesday, May 7th. The travel company reported $0.14 earnings per share for the quarter, beating analysts' consensus estimates of $0.05 by $0.09. TripAdvisor had a net margin of 2.94% and a return on equity of 10.68%. The business had revenue of $398.00 million during the quarter, compared to analyst estimates of $386.94 million. During the same period last year, the business earned $0.12 EPS. The business's revenue was up .8% on a year-over-year basis. On average, equities research analysts anticipate that TripAdvisor, Inc. will post 0.46 EPS for the current fiscal year.

Insider Activity

In other TripAdvisor news, CEO Almir Ambeskovic sold 16,643 shares of TripAdvisor stock in a transaction that occurred 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 sale, the chief executive officer now directly owns 15,931 shares in the company, valued at $244,222.23. The trade was a 51.09% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 3.10% of the company's stock.

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.