Vident Advisory LLC Buys 30,752 Shares of Tripadvisor, Inc. (NASDAQ:TRIP)

Vident Advisory LLC boosted its stake in Tripadvisor, Inc. (NASDAQ:TRIP - Free Report) by 22.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 164,792 shares of the travel company's stock after acquiring an additional 30,752 shares during the period. Vident Advisory LLC owned 0.12% of Tripadvisor worth $2,434,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Ameriprise Financial Inc. boosted its holdings 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 valued at $65,172,000 after buying an additional 2,833,528 shares in the last quarter. River Road Asset Management LLC boosted its holdings in shares of Tripadvisor by 1.3% during the 4th quarter. River Road Asset Management LLC now owns 3,715,961 shares of the travel company's stock valued at $54,885,000 after buying an additional 45,898 shares in the last quarter. 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 valued at $53,674,000 after buying an additional 615,519 shares in 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 valued at $49,694,000 after buying an additional 962,262 shares in the last quarter. Finally, Van Lanschot Kempen Investment Management N.V. boosted its holdings in shares of Tripadvisor by 8.7% during the 4th quarter. Van Lanschot Kempen Investment Management N.V. now owns 2,587,902 shares of the travel company's stock valued at $38,223,000 after buying an additional 208,173 shares in the last quarter. Institutional investors own 98.99% of the company's stock.

Insider Activity

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

Wall Street Analyst Weigh In

A number of analysts have recently commented on the stock. B. Riley dropped their target price on shares of Tripadvisor from $20.00 to $18.00 and set a "neutral" rating on the stock in a report on Monday, March 10th. Cantor Fitzgerald dropped their target price on shares of Tripadvisor from $14.00 to $13.00 and set an "underweight" rating on the stock in a report on Friday, February 21st. DA Davidson restated a "neutral" rating and set a $16.00 target price on shares of Tripadvisor in a report on Thursday, February 20th. Wall Street Zen upgraded shares of Tripadvisor from a "buy" rating to a "strong-buy" rating in a research note on Saturday. Finally, JPMorgan Chase & Co. upped their price target on shares of Tripadvisor from $11.00 to $13.00 and gave the stock an "underweight" rating in a research note on Friday, May 9th. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating, two have issued a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $17.25.

Tripadvisor Stock Performance

NASDAQ:TRIP traded up $0.51 during mid-day trading on Tuesday, reaching $14.20. The company's stock had a trading volume of 787,096 shares, compared to its average volume of 2,374,792. Tripadvisor, Inc. has a 12-month low of $10.43 and a 12-month high of $18.80. The firm's fifty day moving average price is $13.34 and its two-hundred day moving average price is $14.50. The company has a current ratio of 2.10, a quick ratio of 1.85 and a debt-to-equity ratio of 0.93. The stock has a market cap of $2.01 billion, a P/E ratio of 710.11, a PEG ratio of 9.01 and a beta of 1.27.

Tripadvisor (NASDAQ:TRIP - Get Free Report) last released its quarterly earnings results on Wednesday, May 7th. The travel company reported $0.14 EPS for the quarter, beating the consensus estimate of $0.05 by $0.09. Tripadvisor had a net margin of 0.33% and a return on equity of 9.02%. The firm had revenue of $398.00 million during the quarter, compared to analyst estimates of $386.94 million. During the same quarter in the prior year, the firm earned $0.12 EPS. The business's revenue for the quarter was up .8% compared to the same quarter last year. On average, equities analysts forecast that Tripadvisor, Inc. will post 0.46 EPS for the current fiscal year.

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.