Tripadvisor (TRIP) Trading 5.8% Higher

Shares of Tripadvisor Inc (NASDAQ:TRIP) traded up 5.8% during trading on Tuesday . The company traded as high as $40.14 and last traded at $39.88. 3,588,833 shares were traded during trading, an increase of 8% from the average session volume of 3,331,888 shares. The stock had previously closed at $37.71.

A number of analysts have commented on the company. Deutsche Bank decreased their target price on Tripadvisor from $40.00 to $37.00 and set a “hold” rating on the stock in a research report on Tuesday, October 24th. Zacks Investment Research upgraded Tripadvisor from a “sell” rating to a “buy” rating and set a $39.00 target price on the stock in a research report on Thursday, January 11th. UBS Group reiterated a “neutral” rating and set a $43.00 target price on shares of Tripadvisor in a research report on Wednesday, November 8th. Oppenheimer reiterated a “hold” rating on shares of Tripadvisor in a research report on Sunday, December 17th. Finally, Wells Fargo & Co reiterated a “market perform” rating and set a $33.00 target price (down from $42.00) on shares of Tripadvisor in a research report on Wednesday, November 8th. Eight research analysts have rated the stock with a sell rating and eighteen have assigned a hold rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $39.42.

The company has a market cap of $5,240.00, a P/E ratio of 84.85, a P/E/G ratio of 4.42 and a beta of 2.22. The company has a debt-to-equity ratio of 0.19, a quick ratio of 2.47 and a current ratio of 2.47.

In other Tripadvisor news, CFO Ernst 02494 Teunissen sold 9,457 shares of the company’s stock in a transaction dated Tuesday, February 6th. The stock was sold at an average price of $40.00, for a total transaction of $378,280.00. Following the completion of the sale, the chief financial officer now directly owns 13,866 shares in the company, valued at $554,640. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 1.09% of the company’s stock.

A number of large investors have recently made changes to their positions in the business. Public Employees Retirement System of Ohio increased its stake in Tripadvisor by 0.9% during the second quarter. Public Employees Retirement System of Ohio now owns 99,229 shares of the travel company’s stock worth $3,791,000 after acquiring an additional 865 shares during the last quarter. LS Investment Advisors LLC increased its stake in Tripadvisor by 25.8% during the fourth quarter. LS Investment Advisors LLC now owns 8,642 shares of the travel company’s stock worth $298,000 after acquiring an additional 1,775 shares during the last quarter. Pacer Advisors Inc. increased its stake in Tripadvisor by 11.5% during the third quarter. Pacer Advisors Inc. now owns 18,309 shares of the travel company’s stock worth $742,000 after acquiring an additional 1,884 shares during the last quarter. Gabelli Funds LLC increased its stake in Tripadvisor by 36.4% during the third quarter. Gabelli Funds LLC now owns 7,500 shares of the travel company’s stock worth $304,000 after acquiring an additional 2,000 shares during the last quarter. Finally, Gilder Gagnon Howe & Co. LLC increased its stake in Tripadvisor by 26.0% during the fourth quarter. Gilder Gagnon Howe & Co. LLC now owns 11,385 shares of the travel company’s stock worth $392,000 after acquiring an additional 2,352 shares during the last quarter. Institutional investors own 90.33% of the company’s stock.

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About Tripadvisor

TripAdvisor, Inc owns and operates a portfolio of online travel brands. TripAdvisor, the Company’s brand, is a travel site. The Company operates through two segments: Hotel and Non-Hotel. The Company’s Hotel segment includes click-based advertising and transaction; display-based and subscription-based advertising, and other hotel operations.

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