Voya Investment Management LLC Decreases Stock Holdings in TripAdvisor, Inc. $TRIP

Key Points

• Voya Investment Management LLC reduced its holdings in TripAdvisor by 42.8%, selling 85,485 shares in the first quarter and now owning 114,119 shares worth approximately $1.6 million.
• Several institutional investors have increased their positions in TripAdvisor, with Wittenberg Investment Management growing its stake by 80%, while GAMMA Investing LLC increased its holdings by a staggering 904.8%.
• TripAdvisor's latest earnings report revealed a 6.4% increase in quarterly revenue compared to last year, reporting $0.46 EPS, beating the estimated $0.43 EPS.

Voya Investment Management LLC trimmed its holdings in shares of TripAdvisor, Inc. (NASDAQ:TRIP - Free Report) by 42.8% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 114,119 shares of the travel company's stock after selling 85,485 shares during the quarter. Voya Investment Management LLC owned 0.08% of TripAdvisor worth $1,617,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Wittenberg Investment Management Inc. increased its position in shares of TripAdvisor by 80.0% during the first quarter. Wittenberg Investment Management Inc. now owns 126,000 shares of the travel company's stock valued at $1,785,000 after acquiring an additional 56,000 shares during the last quarter. GAMMA Investing LLC increased its position in shares of TripAdvisor by 904.8% during the first quarter. GAMMA Investing LLC now owns 36,927 shares of the travel company's stock valued at $523,000 after acquiring an additional 33,252 shares during the last quarter. Teacher Retirement System of Texas purchased a new stake in shares of TripAdvisor during the first quarter valued at approximately $235,000. Raymond James Financial Inc. increased its position in shares of TripAdvisor by 16.9% during the first quarter. Raymond James Financial Inc. now owns 238,094 shares of the travel company's stock valued at $3,374,000 after acquiring an additional 34,347 shares during the last quarter. Finally, Lightrock Netherlands B.V. increased its position in shares of TripAdvisor by 54.4% during the first quarter. Lightrock Netherlands B.V. now owns 791,287 shares of the travel company's stock valued at $11,231,000 after acquiring an additional 278,821 shares during the last quarter. 98.99% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other TripAdvisor news, insider Seth J. Kalvert sold 10,880 shares of the stock in a transaction that occurred on Friday, September 19th. The stock was sold at an average price of $20.04, for a total value of $218,035.20. Following the completion of the sale, the insider owned 136,914 shares in the company, valued at approximately $2,743,756.56. This trade represents a 7.36% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 3.10% of the company's stock.

TripAdvisor Trading Down 0.7%

Shares of TRIP stock opened at $18.70 on Tuesday. The stock has a market capitalization of $2.17 billion, a PE ratio of 38.96, a P/E/G ratio of 2.98 and a beta of 1.27. TripAdvisor, Inc. has a 1-year low of $10.43 and a 1-year high of $20.16. The business has a 50-day moving average of $17.57 and a 200 day moving average of $15.17. The company has a debt-to-equity ratio of 1.37, a current ratio of 1.24 and a quick ratio of 1.24.

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 the consensus estimate of $0.43 by $0.03. The company had revenue of $529.00 million during the quarter, compared to analysts' expectations of $529.91 million. TripAdvisor had a return on equity of 12.40% and a net margin of 3.53%.TripAdvisor's quarterly revenue was up 6.4% compared to the same quarter last year. During the same period in the prior year, the business posted $0.39 EPS. TripAdvisor has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, sell-side analysts anticipate that TripAdvisor, Inc. will post 0.46 earnings per share for the current year.

Analysts Set New Price Targets

Several analysts have issued reports on TRIP shares. Bank of America started coverage on TripAdvisor in a research note on Monday, July 14th. They issued a "neutral" rating and a $19.00 target price on the stock. B. Riley lifted their price objective on TripAdvisor from $17.00 to $21.00 and gave the stock a "neutral" rating in a report on Monday, August 11th. Wall Street Zen raised TripAdvisor from a "buy" rating to a "strong-buy" rating in a report on Saturday, September 13th. UBS Group reissued a "neutral" rating on shares of TripAdvisor in a report on Sunday, August 10th. Finally, DA Davidson set a $16.25 price objective on TripAdvisor in a report on Tuesday, July 8th. Eight research analysts have rated the stock with a Hold rating and two have given a Sell rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Reduce" and an average price target of $17.36.

TripAdvisor 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.

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