Sei Investments Co. Buys 56,524 Shares of TripAdvisor, Inc. $TRIP

Sei Investments Co. boosted its stake in shares of TripAdvisor, Inc. (NASDAQ:TRIP) by 77.1% in the first quarter, HoldingsChannel reports. The institutional investor owned 129,834 shares of the travel company’s stock after purchasing an additional 56,524 shares during the period. Sei Investments Co.’s holdings in TripAdvisor were worth $1,384,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Kestra Advisory Services LLC bought a new position in TripAdvisor in the 4th quarter worth about $33,000. UMB Bank n.a. raised its stake in shares of TripAdvisor by 295.2% during the fourth quarter. UMB Bank n.a. now owns 2,300 shares of the travel company’s stock valued at $33,000 after acquiring an additional 1,718 shares in the last quarter. Rockefeller Capital Management L.P. boosted its holdings in shares of TripAdvisor by 192.5% in the fourth quarter. Rockefeller Capital Management L.P. now owns 2,767 shares of the travel company’s stock valued at $40,000 after purchasing an additional 1,821 shares during the period. CIBC Private Wealth Group LLC purchased a new stake in shares of TripAdvisor in the third quarter valued at approximately $58,000. Finally, Atlas Capital Advisors Inc. bought a new position in TripAdvisor in the fourth quarter worth approximately $58,000. 98.99% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at TripAdvisor

In related news, CEO Almir Ambeskovic sold 8,000 shares of the business’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $12.30, for a total transaction of $98,400.00. Following the transaction, the chief executive officer directly owned 34,396 shares in the company, valued at $423,070.80. The trade was a 18.87% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.00% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several research analysts have commented on TRIP shares. Wedbush raised their price objective on TripAdvisor from $19.00 to $20.00 and gave the stock an “outperform” rating in a report on Tuesday, June 16th. Barclays lowered their target price on TripAdvisor from $10.00 to $9.00 and set an “underweight” rating for the company in a report on Monday, May 11th. UBS Group dropped their price target on TripAdvisor from $15.00 to $12.00 and set a “neutral” rating on the stock in a research report on Tuesday. Weiss Ratings restated a “sell (d)” rating on shares of TripAdvisor in a research note on Friday, May 15th. Finally, Cantor Fitzgerald decreased their price objective on TripAdvisor from $10.00 to $9.00 and set an “underweight” rating for the company in a report on Friday, August 7th. Four analysts have rated the stock with a Buy rating, seven have given a Hold rating and five have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus price target of $14.46.

TripAdvisor Trading Up 1.6%

NASDAQ:TRIP opened at $10.95 on Wednesday. The stock has a market capitalization of $1.27 billion, a price-to-earnings ratio of 1,096.10, a PEG ratio of 2.11 and a beta of 0.86. TripAdvisor, Inc. has a 52 week low of $9.01 and a 52 week high of $20.16. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 1.28. The firm has a 50 day moving average of $13.23 and a 200 day moving average of $11.67.

TripAdvisor (NASDAQ:TRIP) last released its quarterly earnings results on Thursday, August 6th. The travel company reported $0.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.38 by ($0.03). The firm had revenue of $385.30 million during the quarter, compared to analysts’ expectations of $506.27 million. TripAdvisor had a return on equity of 4.23% and a net margin of 0.28%.TripAdvisor’s revenue for the quarter was down 7.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.46 earnings per share. As a group, sell-side analysts anticipate that TripAdvisor, Inc. will post 0.69 earnings per share for the current fiscal year.

TripAdvisor News Summary

Here are the key news stories impacting TripAdvisor this week:

• Positive Sentiment: Airbnb partnership supports Viator distribution. Airbnb will partner with Tripadvisor Experiences rather than continue developing a fully in-house “build-your-own” strategy. The arrangement could increase exposure and bookings for Viator, while validating TripAdvisor’s experiences marketplace. Airbnb Partners With Tripadvisor Experiences, Drops Build-Your-Own Strategy
• Positive Sentiment: Viator remains an important part of the investment case. Although TripAdvisor has struggled with AI-driven changes in travel search and has lost some global experiences leadership, Viator remains the leading platform in the U.S. The Airbnb agreement could help preserve the business’s strategic value. Tripadvisor: Viator Keeps The Investment Case Alive
• Positive Sentiment: Operational bright spots temper the earnings miss. Second-quarter adjusted EBITDA exceeded expectations, and progress toward the sale of TheFork gives investors a potential source of value and a sharper corporate focus. Tripadvisor’s Q2 Earnings and Revenues Miss Amid Macro Pressures
• Neutral Sentiment: Travelers’ Choice recognition provides limited support. Twenty-three awards for Thousand Trails and Encore RV Resorts reinforce TripAdvisor’s brand and content relevance, but the announcement is unlikely to materially affect near-term revenue or earnings. 23 Tripadvisor Travelers’ Choice Awards for Thousand Trails and Encore RV Resorts
• Neutral Sentiment: Reported short-interest data shows no meaningful short position. The latest filing lists zero shares sold short, offering little evidence that short covering is influencing the stock.
• Negative Sentiment: Analysts continue to reduce valuation expectations. B. Riley cut its price target to $12.50 and kept a neutral rating, while JPMorgan and Cantor Fitzgerald reduced targets to $10 and $9, respectively. B. Riley price target update JPMorgan price target update Cantor Fitzgerald price target update
• Negative Sentiment: Recent financial performance remains weak. TripAdvisor missed second-quarter earnings and revenue estimates, with revenue down 7.2% year over year. Ongoing AI competition from tools such as ChatGPT and Copilot is also pressuring engagement with TripAdvisor’s core website.

TripAdvisor Company Profile

TripAdvisor (NASDAQ:TRIP) is a leading online travel company that operates a digital platform for travel information, reviews and booking services. The company’s flagship website and mobile apps allow users to access and contribute travel-related content—ranging from hotel and restaurant reviews to ratings for tours, attractions and vacation rentals—helping consumers plan and book trips around the world.

The core of TripAdvisor’s offering is its community-driven review system, which aggregates user-generated feedback alongside editorial content and professional photography.