Investors sold shares of TripAdvisor, Inc. (NASDAQ:TRIP) on strength during trading hours on Tuesday. $19.88 million flowed into the stock on the tick-up and $43.72 million flowed out of the stock on the tick-down, for a money net flow of $23.84 million out of the stock. Of all companies tracked, TripAdvisor had the 18th highest net out-flow for the day. TripAdvisor traded up $1.81 for the day and closed at $44.55

A number of brokerages recently weighed in on TRIP. Stifel Nicolaus lifted their price objective on shares of TripAdvisor from $37.00 to $40.00 and gave the company a “hold” rating in a report on Thursday, May 11th. Credit Suisse Group set a $45.00 price objective on shares of TripAdvisor and gave the company a “hold” rating in a report on Tuesday, May 9th. Royal Bank Of Canada restated a “hold” rating and issued a $48.00 price objective on shares of TripAdvisor in a report on Monday, May 8th. Cantor Fitzgerald restated a “hold” rating and issued a $54.00 price objective on shares of TripAdvisor in a report on Wednesday, May 10th. Finally, Zacks Investment Research upgraded shares of TripAdvisor from a “sell” rating to a “hold” rating in a report on Monday, May 15th. Ten research analysts have rated the stock with a sell rating, fifteen have given a hold rating and one has assigned a buy rating to the company’s stock. TripAdvisor presently has a consensus rating of “Hold” and a consensus target price of $43.44.

The stock’s 50-day moving average is $40.14 and its 200 day moving average is $41.07. The company has a market capitalization of $6.18 billion, a price-to-earnings ratio of 67.40 and a beta of 2.37.

TripAdvisor (NASDAQ:TRIP) last released its quarterly earnings data on Tuesday, August 8th. The travel company reported $0.25 EPS for the quarter, missing analysts’ consensus estimates of $0.30 by $0.05. The business had revenue of $424 million during the quarter, compared to analyst estimates of $421.66 million. TripAdvisor had a return on equity of 8.62% and a net margin of 6.26%. The business’s revenue for the quarter was up 8.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.38 EPS. On average, equities analysts expect that TripAdvisor, Inc. will post $1.15 earnings per share for the current year.

In other TripAdvisor news, insider Dermot Halpin sold 12,859 shares of TripAdvisor stock in a transaction on Friday, August 18th. The shares were sold at an average price of $39.09, for a total value of $502,658.31. Following the completion of the transaction, the insider now owns 5,364 shares of the company’s stock, valued at $209,678.76. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.98% of the company’s stock.

A number of institutional investors have recently added to or reduced their stakes in the business. Toronto Dominion Bank boosted its holdings in TripAdvisor by 22.8% in the second quarter. Toronto Dominion Bank now owns 37,507 shares of the travel company’s stock worth $1,432,000 after purchasing an additional 6,960 shares during the period. Public Employees Retirement System of Ohio boosted its holdings in TripAdvisor by 0.9% in 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 purchasing an additional 865 shares during the period. Disciplined Growth Investors Inc. MN boosted its holdings in TripAdvisor by 0.4% in the second quarter. Disciplined Growth Investors Inc. MN now owns 482,352 shares of the travel company’s stock worth $18,426,000 after purchasing an additional 2,080 shares during the period. Bank of Nova Scotia boosted its holdings in TripAdvisor by 106.4% in the second quarter. Bank of Nova Scotia now owns 52,240 shares of the travel company’s stock worth $1,996,000 after purchasing an additional 26,926 shares during the period. Finally, The Manufacturers Life Insurance Company boosted its holdings in TripAdvisor by 6.6% in the second quarter. The Manufacturers Life Insurance Company now owns 126,498 shares of the travel company’s stock worth $4,833,000 after purchasing an additional 7,867 shares during the period. 86.39% of the stock is owned by hedge funds and other institutional investors.

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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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