TripAdvisor, Inc. $TRIP Shares Purchased by Charles Schwab Investment Management Inc.

Key Points

• Charles Schwab Investment Management Inc. increased its stake in TripAdvisor, Inc. by 8.1%, owning approximately 0.93% of the company worth around $18.45 million after purchasing additional shares in the first quarter.
• TripAdvisor recently reported earnings of $0.46 per share, beating estimates, while its quarterly revenue was $529 million, up 6.4% year-over-year.
• Analysts have varied opinions on TripAdvisor, with B. Riley raising the target price from $17.00 to $21.00, while the stock holds a consensus rating of "Reduce" with a target price of $17.33.

Charles Schwab Investment Management Inc. raised its stake in TripAdvisor, Inc. (NASDAQ:TRIP - Free Report) by 8.1% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,302,247 shares of the travel company's stock after buying an additional 97,885 shares during the period. Charles Schwab Investment Management Inc. owned approximately 0.93% of TripAdvisor worth $18,453,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. GAMMA Investing LLC increased its holdings in TripAdvisor by 904.8% in 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 in the last quarter. Teacher Retirement System of Texas purchased a new position in TripAdvisor in the first quarter valued at about $235,000. Point72 Asset Management L.P. increased its holdings in TripAdvisor by 483.9% in 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 in the last quarter. Lightrock Netherlands B.V. increased its holdings in TripAdvisor by 54.4% in 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 in the last quarter. Finally, Northern Trust Corp increased its holdings in TripAdvisor by 6.3% in the fourth quarter. Northern Trust Corp now owns 656,986 shares of the travel company's stock valued at $9,704,000 after buying an additional 38,858 shares in the last quarter. 98.99% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on TRIP. DA Davidson set a $16.25 price objective on shares of TripAdvisor in a research note on Tuesday, July 8th. Wall Street Zen cut shares of TripAdvisor from a "strong-buy" rating to a "buy" rating in a research note on Saturday, June 14th. UBS Group reissued a "neutral" rating on shares of TripAdvisor in a research note on Sunday, August 10th. B. Riley raised their price objective on shares of TripAdvisor from $17.00 to $21.00 and gave the stock a "neutral" rating in a research note on Monday, August 11th. Finally, Citigroup raised their price objective on shares of TripAdvisor from $16.00 to $19.00 and gave the stock a "neutral" rating in a research note on Monday, August 18th. Nine equities research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, TripAdvisor presently has an average rating of "Reduce" and an average target price of $17.33.

TripAdvisor Trading Down 0.4%

NASDAQ TRIP traded down $0.07 during mid-day trading on Thursday, reaching $17.04. 1,538,965 shares of the stock were exchanged, compared to its average volume of 3,105,543. TripAdvisor, Inc. has a 1-year low of $10.43 and a 1-year high of $19.26. The business's fifty day simple moving average is $16.69 and its 200 day simple moving average is $14.92. The stock has a market capitalization of $1.98 billion, a PE ratio of 35.50, a PEG ratio of 2.71 and a beta of 1.30. The company has a debt-to-equity ratio of 1.37, a quick ratio of 1.24 and a current ratio of 1.24.

TripAdvisor (NASDAQ:TRIP - Get Free Report) last announced its earnings results on Thursday, August 7th. The travel company reported $0.46 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.43 by $0.03. TripAdvisor had a net margin of 3.53% and a return on equity of 12.40%. The firm had revenue of $529.00 million for the quarter, compared to analyst estimates of $529.91 million. During the same quarter last year, the business earned $0.39 earnings per share. TripAdvisor's revenue was up 6.4% compared to the same quarter last year. TripAdvisor has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. On average, research analysts anticipate that TripAdvisor, Inc. will post 0.46 earnings per share for the current fiscal year.

About TripAdvisor

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.