Van Lanschot Kempen Investment Management N.V. lowered its stake in shares of TripAdvisor, Inc. (NASDAQ:TRIP - Free Report) by 8.4% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,370,116 shares of the travel company's stock after selling 217,786 shares during the quarter. Van Lanschot Kempen Investment Management N.V. owned about 1.69% of TripAdvisor worth $33,585,000 at the end of the most recent reporting period.
Other large investors have also added to or reduced their stakes in the company. Wittenberg Investment Management Inc. grew its position in TripAdvisor by 80.0% during the first quarter. Wittenberg Investment Management Inc. now owns 126,000 shares of the travel company's stock worth $1,785,000 after buying an additional 56,000 shares in the last quarter. GAMMA Investing LLC grew its position in TripAdvisor by 904.8% during the first quarter. GAMMA Investing LLC now owns 36,927 shares of the travel company's stock worth $523,000 after buying an additional 33,252 shares in the last quarter. Teacher Retirement System of Texas acquired a new stake in TripAdvisor during the first quarter worth approximately $235,000. Point72 Asset Management L.P. grew its position in TripAdvisor by 483.9% during the fourth quarter. Point72 Asset Management L.P. now owns 723,904 shares of the travel company's stock worth $10,692,000 after buying an additional 599,933 shares in the last quarter. Finally, Lightrock Netherlands B.V. grew its position in TripAdvisor by 54.4% during the first quarter. Lightrock Netherlands B.V. now owns 791,287 shares of the travel company's stock worth $11,231,000 after buying an additional 278,821 shares in the last quarter. Institutional investors and hedge funds own 98.99% of the company's stock.
Analyst Ratings Changes
A number of brokerages recently issued reports on TRIP. DA Davidson set a $16.25 price target on TripAdvisor in a research report on Tuesday, July 8th. JPMorgan Chase & Co. raised their target price on TripAdvisor from $11.00 to $13.00 and gave the company an "underweight" rating in a report on Friday, May 9th. Wall Street Zen downgraded TripAdvisor from a "strong-buy" rating to a "buy" rating in a report on Saturday, June 14th. Bank of America started coverage on TripAdvisor in a report on Monday, July 14th. They issued a "neutral" rating and a $19.00 target price on the stock. Finally, UBS Group reaffirmed a "neutral" rating on shares of TripAdvisor in a report on Sunday, August 10th. Nine research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Reduce" and a consensus target price of $17.33.
View Our Latest Analysis on TRIP
TripAdvisor Price Performance
Shares of TRIP stock traded up $0.74 during trading hours on Friday, reaching $17.69. The company's stock had a trading volume of 2,265,588 shares, compared to its average volume of 3,204,464. The firm's 50 day simple moving average is $16.38 and its 200-day simple moving average is $14.91. The company has a market capitalization of $2.05 billion, a price-to-earnings ratio of 36.85, a PEG ratio of 2.80 and a beta of 1.30. TripAdvisor, Inc. has a fifty-two week low of $10.43 and a fifty-two week high of $19.26. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 1.37.
TripAdvisor (NASDAQ:TRIP - Get Free Report) last issued its earnings results on Thursday, August 7th. The travel company reported $0.46 earnings per share for the quarter, beating analysts' consensus estimates of $0.43 by $0.03. TripAdvisor had a return on equity of 12.40% and a net margin of 3.53%.The firm had revenue of $529.00 million for the quarter, compared to the consensus estimate of $529.91 million. During the same quarter last year, the business posted $0.39 EPS. The company'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. Sell-side analysts forecast that TripAdvisor, Inc. will post 0.46 earnings per share for the current year.
About TripAdvisor
(
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.
Further Reading
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 Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
MarketBeat All Access