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Trip.com Group Limited Sponsored ADR $TCOM Shares Bought by CIBC Private Wealth Group LLC

Trip.com Group logo with Consumer Discretionary background
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Key Points

  • CIBC Private Wealth Group LLC increased its stake in Trip.com (NASDAQ: TCOM) by 4.7%, buying 34,361 shares to hold 760,366 shares worth about $57.18 million (≈0.12% of the company).
  • Analysts remain generally positive with a consensus rating of “Moderate Buy” (nine Buy, two Hold) and an average price target of about $77 per share.
  • Multiple plaintiff law firms have circulated securities class‑action notices alleging Trip.com concealed antitrust/regulatory scrutiny and issues with an AI pricing tool, increasing potential legal and regulatory risk that could weigh on the stock.
  • MarketBeat previews the top five stocks to own by May 1st.

CIBC Private Wealth Group LLC grew its stake in shares of Trip.com Group Limited Sponsored ADR (NASDAQ:TCOM - Free Report) by 4.7% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 760,366 shares of the company's stock after purchasing an additional 34,361 shares during the period. CIBC Private Wealth Group LLC owned approximately 0.12% of Trip.com Group worth $57,180,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Capital World Investors lifted its stake in shares of Trip.com Group by 5.3% in the third quarter. Capital World Investors now owns 37,884,726 shares of the company's stock valued at $2,849,066,000 after purchasing an additional 1,912,238 shares during the period. Norges Bank acquired a new position in Trip.com Group during the second quarter worth about $45,205,000. CIBC Bancorp USA Inc. acquired a new position in Trip.com Group during the third quarter worth about $56,979,000. Sanders Capital LLC increased its holdings in Trip.com Group by 7.2% in the third quarter. Sanders Capital LLC now owns 9,868,196 shares of the company's stock valued at $742,088,000 after buying an additional 662,230 shares in the last quarter. Finally, Voloridge Investment Management LLC purchased a new position in Trip.com Group in the third quarter valued at about $48,273,000. 35.41% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have recently issued reports on TCOM. TD Cowen reduced their price target on shares of Trip.com Group from $73.00 to $68.00 and set a "buy" rating for the company in a research report on Thursday, February 26th. Bank of America raised their price objective on Trip.com Group from $83.00 to $85.00 and gave the company a "buy" rating in a research note on Thursday, November 20th. Morgan Stanley reaffirmed an "overweight" rating and set a $75.00 price objective on shares of Trip.com Group in a report on Thursday, February 26th. Zacks Research downgraded Trip.com Group from a "strong-buy" rating to a "hold" rating in a research report on Friday, February 20th. Finally, Weiss Ratings lowered Trip.com Group from a "buy (b-)" rating to a "hold (c+)" rating in a report on Monday, March 2nd. Nine equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $77.00.

Read Our Latest Analysis on TCOM

Trip.com Group News Summary

Here are the key news stories impacting Trip.com Group this week:

  • Neutral Sentiment: Multiple firms are issuing deadline reminders urging investors who bought TCOM ADS between April 30, 2024 and January 13, 2026 to contact counsel before the May 11, 2026 lead‑plaintiff cutoff; these notices increase visibility of the litigation but are procedural in nature. ROSEN Deadline Notice
  • Neutral Sentiment: Several additional firms (Kirby McInerney, Glancy Prongay Wolke & Rotter, Faruqi & Faruqi, Robbins LLP, etc.) have published near-identical notices encouraging potential claimants to come forward — this amplifies publicity around the suit and could increase the pool of plaintiffs. Kirby McInerney Notice
  • Negative Sentiment: Plaintiffs’ counsel (Hagens Berman et al.) highlight a prior ~17% share drop on Jan. 14 and link that move to alleged concealment of regulatory/antitrust scrutiny and issues with an AI price‑adjustment tool — these allegations, if substantiated, raise legal and regulatory risk that can pressure valuation. Hagens Berman Report
  • Negative Sentiment: Other firms (e.g., Levi & Korsinsky, Pomerantz) allege Trip.com may have downplayed anti‑monopoly enforcement risk — such accusations increase the chance of costly litigation, regulatory scrutiny, and reputational damage, factors that tend to depress investor sentiment and shares. Levi & Korsinsky Alert
  • Negative Sentiment: The proliferation of filings and publicity from many plaintiff firms raises the probability of a larger, more consequential class action and potential settlements or penalties—this raises uncertainty for earnings multiples and could keep trader/investor appetite muted. Pomerantz Alert

Trip.com Group Stock Down 0.9%

TCOM stock opened at $51.96 on Thursday. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.55 and a quick ratio of 1.48. The company's 50 day simple moving average is $58.31 and its 200-day simple moving average is $67.51. Trip.com Group Limited Sponsored ADR has a 12 month low of $49.48 and a 12 month high of $78.99. The firm has a market capitalization of $33.94 billion, a PE ratio of 7.76, a P/E/G ratio of 3.59 and a beta of -0.15.

About Trip.com Group

(Free Report)

Trip.com Group NASDAQ: TCOM is a China-based online travel services company that provides a broad range of consumer and business travel products. The company operates consumer-facing travel platforms and mobile apps that enable users to search, book and manage hotel reservations, airline tickets, packaged tours, rail travel, car rentals, airport transfers and local activities. It also offers corporate travel management and B2B solutions that support travel suppliers and downstream distribution partners.

Headquartered in Shanghai, Trip.com Group serves customers across China and increasingly in international markets through a portfolio of brands and global distribution channels.

See Also

Institutional Ownership by Quarter for Trip.com Group (NASDAQ:TCOM)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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