Free Trial

Wealth Enhancement Advisory Services LLC Has $375,000 Holdings in TripAdvisor, Inc. (NASDAQ:TRIP)

TripAdvisor logo with Retail/Wholesale background

Wealth Enhancement Advisory Services LLC reduced its holdings in TripAdvisor, Inc. (NASDAQ:TRIP - Free Report) by 42.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 26,463 shares of the travel company's stock after selling 19,512 shares during the period. Wealth Enhancement Advisory Services LLC's holdings in TripAdvisor were worth $375,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in TRIP. Ameriprise Financial Inc. increased its stake in shares of TripAdvisor by 179.5% during the 4th quarter. Ameriprise Financial Inc. now owns 4,412,426 shares of the travel company's stock worth $65,172,000 after purchasing an additional 2,833,528 shares during the last quarter. AQR Capital Management LLC boosted 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 buying an additional 962,262 shares during the period. Toronado Partners LLC bought a new stake in shares of TripAdvisor during the 4th quarter worth about $10,533,000. Gotham Asset Management LLC boosted its holdings in shares of TripAdvisor by 170.6% during the 4th quarter. Gotham Asset Management LLC now owns 1,073,773 shares of the travel company's stock worth $15,860,000 after buying an additional 676,977 shares during the period. Finally, Dimensional Fund Advisors LP boosted its holdings in shares of TripAdvisor by 20.4% during the 4th quarter. Dimensional Fund Advisors LP now owns 3,633,866 shares of the travel company's stock worth $53,674,000 after buying an additional 615,519 shares during the period. 98.99% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the stock. Wall Street Zen downgraded shares of TripAdvisor from a "strong-buy" rating to a "buy" rating in a report on Saturday, June 14th. Mizuho raised shares of TripAdvisor to a "hold" rating in a report on Friday, April 18th. DA Davidson set a $16.25 price objective on shares of TripAdvisor in a report on Tuesday. UBS Group boosted their price objective on shares of TripAdvisor from $15.00 to $16.00 and gave the company a "neutral" rating in a report on Thursday, May 8th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of TripAdvisor from $11.00 to $13.00 and gave the company an "underweight" rating in a report on Friday, May 9th. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $17.27.

Read Our Latest Report on TRIP

Insider Buying and Selling

In related news, CEO Almir Ambeskovic sold 16,643 shares of the stock in a transaction that occurred on Friday, May 16th. The shares were sold at an average price of $15.33, for a total value of $255,137.19. Following the completion of the transaction, the chief executive officer owned 15,931 shares of the company's stock, valued at $244,222.23. This represents a 51.09% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 3.10% of the stock is currently owned by insiders.

TripAdvisor Price Performance

Shares of TripAdvisor stock traded up $0.83 on Thursday, reaching $18.16. 5,697,741 shares of the stock were exchanged, compared to its average volume of 2,722,928. The firm's 50 day moving average is $14.40 and its 200-day moving average is $14.59. TripAdvisor, Inc. has a one year low of $10.43 and a one year high of $18.66. The company has a debt-to-equity ratio of 1.88, a quick ratio of 1.90 and a current ratio of 1.90. The firm has a market cap of $2.58 billion, a PE ratio of 49.08, a P/E/G ratio of 3.00 and a beta of 1.28.

TripAdvisor (NASDAQ:TRIP - Get Free Report) last issued its quarterly earnings data on Wednesday, May 7th. The travel company reported $0.14 EPS for the quarter, beating the consensus estimate of $0.05 by $0.09. The business had revenue of $398.00 million during the quarter, compared to the consensus estimate of $386.94 million. TripAdvisor had a net margin of 2.94% and a return on equity of 10.68%. The firm's revenue was up .8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.12 EPS. As a group, analysts anticipate that TripAdvisor, Inc. will post 0.46 EPS for the current fiscal year.

TripAdvisor Company Profile

(Free Report)

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.

Featured Articles

Institutional Ownership by Quarter for TripAdvisor (NASDAQ:TRIP)

Should You Invest $1,000 in TripAdvisor Right Now?

Before you consider TripAdvisor, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and TripAdvisor wasn't on the list.

While TripAdvisor currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Analysts Agree—These Gold Picks Outshine the Rest Cover

Unlock the timeless value of gold with our exclusive 2025 Gold Forecasting Report. Explore why gold remains the ultimate investment for safeguarding wealth against inflation, economic shifts, and global uncertainties. Whether you're planning for future generations or seeking a reliable asset in turbulent times, this report is your essential guide to making informed decisions.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Palantir & AMD Earnings: Massive Options Setups Ahead
3 Value Plays Set to Explode
5 Stocks to BUY NOW in August 2025

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines