Seth J. Kalvert Sells 10,880 Shares of TripAdvisor (NASDAQ:TRIP) Stock

Key Points

• Seth Kalvert, an insider at TripAdvisor, sold 10,880 shares at an average price of $20.04, totaling approximately $218,035.20, which decreased his ownership by 7.36%.
• TripAdvisor's latest earnings report showed an earnings per share (EPS) of $0.46, beating estimates, with a revenue of $529 million, a slight decline from consensus expectations.
• Major institutional investors have significantly increased their holdings in TripAdvisor, reflecting a strong interest as 98.99% of the stock is now owned by institutional investors.

TripAdvisor, Inc. (NASDAQ:TRIP - Get Free Report) insider Seth J. Kalvert sold 10,880 shares of the firm's stock in a transaction on Friday, September 19th. The shares were sold at an average price of $20.04, for a total transaction of $218,035.20. Following 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 is accessible through this link.

TripAdvisor Price Performance

Shares of TripAdvisor stock traded down $0.38 on Tuesday, hitting $18.32. 937,860 shares of the company traded hands, compared to its average volume of 3,129,754. The firm's 50-day simple moving average is $17.57 and its 200 day simple moving average is $15.17. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 1.37. The company has a market cap of $2.13 billion, a P/E ratio of 38.29, a P/E/G ratio of 2.98 and a beta of 1.27. TripAdvisor, Inc. has a 12-month low of $10.43 and a 12-month high of $20.16.

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

Institutional Investors Weigh In On TripAdvisor

A number of large investors have recently modified their holdings of TRIP. Tsfg LLC bought a new stake in shares of TripAdvisor during the 1st quarter valued at about $35,000. Smartleaf Asset Management LLC boosted its stake in TripAdvisor by 86.9% during the first quarter. Smartleaf Asset Management LLC now owns 3,055 shares of the travel company's stock worth $43,000 after acquiring an additional 1,420 shares in the last quarter. Tower Research Capital LLC TRC boosted its stake in TripAdvisor by 308.1% during the second quarter. Tower Research Capital LLC TRC now owns 4,077 shares of the travel company's stock worth $53,000 after acquiring an additional 3,078 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC boosted its stake in TripAdvisor by 419.8% during the first quarter. Kayne Anderson Rudnick Investment Management LLC now owns 3,893 shares of the travel company's stock worth $55,000 after acquiring an additional 3,144 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in TripAdvisor by 376.9% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 5,127 shares of the travel company's stock worth $67,000 after acquiring an additional 4,052 shares in the last quarter. Institutional investors own 98.99% of the company's stock.

Analyst Ratings Changes

A number of equities analysts recently commented on TRIP shares. Wall Street Zen upgraded shares of TripAdvisor from a "buy" rating to a "strong-buy" rating in a research report on Saturday, September 13th. Bank of America started coverage on shares of TripAdvisor in a research report on Monday, July 14th. They issued a "neutral" rating and a $19.00 target price on the stock. DA Davidson set a $16.25 price objective on shares of TripAdvisor in a research report on Tuesday, July 8th. UBS Group restated a "neutral" rating on shares of TripAdvisor in a research report on Sunday, August 10th. Finally, B. Riley boosted their price objective on shares of TripAdvisor from $17.00 to $21.00 and gave the company a "neutral" rating in a research report on Monday, August 11th. Eight equities 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.com, TripAdvisor has a consensus rating of "Reduce" and an average target price of $17.36.

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.