TripAdvisor Inc. (NASDAQ:TRIP) SVP Seth J. Kalvert sold 1,687 shares of the stock in a transaction on Wednesday, September 21st. The shares were sold at an average price of $60.50, for a total value of $102,063.50. Following the completion of the transaction, the senior vice president now owns 10,653 shares in the company, valued at $644,506.50. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Shares of TripAdvisor Inc. (NASDAQ:TRIP) opened at 61.36 on Friday. TripAdvisor Inc. has a 52 week low of $53.48 and a 52 week high of $87.50. The company has a market capitalization of $8.94 billion, a PE ratio of 64.59 and a beta of 2.36. The company has a 50 day moving average price of $61.73 and a 200 day moving average price of $64.59.

TripAdvisor (NASDAQ:TRIP) last posted its quarterly earnings data on Wednesday, August 3rd. The travel company reported $0.38 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.42 by $0.04. The firm earned $391 million during the quarter. TripAdvisor had a net margin of 9.41% and a return on equity of 13.55%. The business’s revenue was down 3.5% on a year-over-year basis. During the same period last year, the business posted $0.54 EPS. On average, equities research analysts expect that TripAdvisor Inc. will post $1.58 earnings per share for the current year.

Several research firms have recently issued reports on TRIP. Citigroup Inc. upgraded TripAdvisor to a “market perform” rating in a research report on Thursday, July 28th. They noted that the move was a valuation call. Cantor Fitzgerald restated a “hold” rating and issued a $70.00 price target (down from $74.00) on shares of TripAdvisor in a research report on Tuesday, July 5th. Jefferies Group restated a “hold” rating on shares of TripAdvisor in a research report on Monday, July 11th. Raymond James Financial Inc. upgraded TripAdvisor from an “underperform” rating to a “market perform” rating in a research report on Thursday, July 28th. Finally, Credit Suisse Group AG restated a “buy” rating and issued a $73.00 price target on shares of TripAdvisor in a research report on Friday, August 5th. Four analysts have rated the stock with a sell rating, twenty-five have given a hold rating and three have assigned a buy rating to the company. TripAdvisor has an average rating of “Hold” and an average price target of $69.54.

A number of large investors have recently bought and sold shares of TRIP. Motley Fool Wealth Management LLC raised its stake in TripAdvisor by 99.9% in the first quarter. Motley Fool Wealth Management LLC now owns 328,611 shares of the travel company’s stock valued at $21,853,000 after buying an additional 164,255 shares during the period. Maryland Capital Management raised its stake in TripAdvisor by 1.6% in the first quarter. Maryland Capital Management now owns 180,854 shares of the travel company’s stock valued at $12,027,000 after buying an additional 2,920 shares during the period. Aviva PLC raised its stake in TripAdvisor by 0.3% in the first quarter. Aviva PLC now owns 52,271 shares of the travel company’s stock valued at $3,476,000 after buying an additional 175 shares during the period. M&T Bank Corp raised its stake in TripAdvisor by 26.5% in the first quarter. M&T Bank Corp now owns 18,051 shares of the travel company’s stock valued at $1,200,000 after buying an additional 3,779 shares during the period. Finally, Tobam raised its stake in TripAdvisor by 41.1% in the first quarter. Tobam now owns 431,158 shares of the travel company’s stock valued at $28,672,000 after buying an additional 125,552 shares during the period. Hedge funds and other institutional investors own 87.79% of the company’s stock.

TripAdvisor Company Profile

TripAdvisor, Inc is an online travel company, which owns and operates a portfolio of online travel brands. TripAdvisor, the Company’s flagship brand, is a travel Website. The Company operates in two segments. The Hotel segment’s services include making hotel room nights available for price comparison and booking, including instant booking feature, as well as subscription-based hotel products, such as Business Listings, and transaction-based hotel products, such as Jetsetter and Tingo.

5 Day Chart for NASDAQ:TRIP

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