TripAdvisor, Inc. (NASDAQ:TRIP) Trading Up – Insiders Are Selling


Here is the rundown on market activity for TripAdvisor, Inc. (NASDAQ:TRIP). Dermot Halpin, President, Vacation Rentals disclosed the sale of 12,859 shares of (TRIP). The shares sold for $39.29. The President, Vacation Rentals now owns $0 of the stock per the Form 4 SEC filing.

TripAdvisor, Inc., launched on July 20, 2011, owns and operates a portfolio of online travel brands. TripAdvisor, the Business’s brand, is a travel site. The Company operates through two segments: Hotel and Non-Hotel. The Business’s platform also enables users to compare real-time pricing and availability for these experiences, as well as to book hotels, flights, cruises, vacation rentals, tours, activities and attractions, and restaurants, on either a TripAdvisor site or application, or a travel partner site or application. As of December 31, 2016, the Business’s TripAdvisor-branded Websites included in the United States and localized versions of the TripAdvisor Website in 48 markets and 28 languages around the world. As of December 31, 2016, the Company featured approximately 465 million reviews and opinions on seven million places to stay, places to eat and things to do, including 1,060,000 hotels and accommodations and 835,000 vacation rentals, 4.3 million restaurants and 760,000 activities and attractions around the world..

The following firms have also recently changed their position in TRIP. As of the end of the quarter Toronto Dominion Bank had bought a total of 18,819 shares growing its holdings by 1,437.7%. The value of the investment in TRIP went from $56,000 to $769,000 a change of $713,000 quarter to quarter. Bb&t Investment Services, Inc. cut its position by shedding 298 shares a decrease of 58.3% from 03/31/2017 to 12/31/2016. Bb&t Investment Services, Inc. now controls 213 shares with a value of $10,000. The total value of its holdings decreased 56.5%.

As of quarter end Disciplined Growth Investors Inc /mn had acquired 2,080 shares growing its stake by 0.4%. The value of the investment in (TRIP) decreased from $20,729,000 to $18,426,000 a change of 11.1% since the last quarter. Susquehanna International Group, Llp reduced its holdings by selling 309,445 shares a decrease of 47.9%. Susquehanna International Group, Llp now holds 336,755 shares valued at $12,864,000. The value of the position overall is down by 53.9%.

On August 10 Barclays maintained a company rating of “Equal-Weight” and moved down the price target from $48.00 to $47.00. August 7 investment analysts at Barclays left the company rating at “Equal-Weight” but moved down the price target to $48.00 from $84.00.

On July 19 the stock rating was upgraded from “” to “Market Perform” by analysts at Cowen & Co.. On June 19 the company was downgraded to “Underperform” from “Outperform” in a statement from Credit Suisse.

The company is now up from yesterday’s close of $39.92. Shares of the company are trading at $40.48 just above $38.64, the 50 day moving average and which is slightly below the 200 day moving average of $42.02. The 50 day moving average moved up $1.84 whereas the 200 day moving average was down $-1.54 or -3.66%.

The company’s P/E ratio is 61.24 and the market value is 5.62B. In the latest earnings report the EPS was $0.66 and is estimated to be $1.15 for the current year with 138,752,000 shares presently outstanding. Next quarter’s EPS is forecasted at $0.18 and the next full year EPS is projected to be $1.23.