GSA Capital Partners LLP bought a new stake in shares of Tripadvisor Inc Common Stock (NASDAQ:TRIP) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 20,200 shares of the travel company’s stock, valued at approximately $1,125,000.

A number of other hedge funds have also made changes to their positions in TRIP. Advisory Services Network LLC increased its holdings in Tripadvisor Inc Common Stock by 10,215.8% during the second quarter. Advisory Services Network LLC now owns 1,960 shares of the travel company’s stock valued at $119,000 after buying an additional 1,941 shares during the last quarter. Robeco Institutional Asset Management B.V. increased its holdings in Tripadvisor Inc Common Stock by 87.8% during the first quarter. Robeco Institutional Asset Management B.V. now owns 3,881 shares of the travel company’s stock valued at $159,000 after buying an additional 1,814 shares during the last quarter. Rampart Investment Management Company LLC increased its holdings in Tripadvisor Inc Common Stock by 204.8% during the first quarter. Rampart Investment Management Company LLC now owns 4,246 shares of the travel company’s stock valued at $174,000 after buying an additional 2,853 shares during the last quarter. Advisors Preferred LLC purchased a new stake in Tripadvisor Inc Common Stock during the second quarter valued at approximately $175,000. Finally, Alexandria Capital LLC purchased a new stake in Tripadvisor Inc Common Stock during the first quarter valued at approximately $206,000. 87.83% of the stock is owned by institutional investors and hedge funds.

Shares of NASDAQ TRIP opened at $50.63 on Friday. Tripadvisor Inc Common Stock has a 1 year low of $29.50 and a 1 year high of $62.36. The firm has a market capitalization of $7.04 billion, a PE ratio of 119.07, a PEG ratio of 3.77 and a beta of 1.73.

Tripadvisor Inc Common Stock (NASDAQ:TRIP) last issued its earnings results on Wednesday, August 1st. The travel company reported $0.41 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.25 by $0.16. Tripadvisor Inc Common Stock had a negative net margin of 1.40% and a positive return on equity of 4.36%. The firm had revenue of $433.00 million during the quarter, compared to analyst estimates of $434.86 million. During the same quarter in the prior year, the business earned $0.38 earnings per share. Tripadvisor Inc Common Stock’s revenue for the quarter was up 2.1% on a year-over-year basis. research analysts anticipate that Tripadvisor Inc Common Stock will post 0.81 EPS for the current year.

In related news, CFO Ernst 02494 Teunissen sold 8,308 shares of the company’s stock in a transaction on Friday, June 15th. The shares were sold at an average price of $57.46, for a total transaction of $477,377.68. Following the completion of the transaction, the chief financial officer now owns 14,600 shares in the company, valued at $838,916. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Noel Bertram Watson sold 726 shares of the company’s stock in a transaction on Wednesday, August 15th. The stock was sold at an average price of $53.71, for a total transaction of $38,993.46. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 17,766 shares of company stock valued at $1,016,923. 3.10% of the stock is owned by company insiders.

A number of analysts have commented on TRIP shares. Barclays raised shares of Tripadvisor Inc Common Stock from an “equal weight” rating to an “overweight” rating and upped their target price for the company from $49.00 to $70.00 in a report on Wednesday, July 11th. Wells Fargo & Co reaffirmed a “hold” rating and set a $48.00 target price on shares of Tripadvisor Inc Common Stock in a report on Thursday, August 2nd. ValuEngine raised shares of Tripadvisor Inc Common Stock from a “hold” rating to a “buy” rating in a research note on Saturday, June 2nd. Deutsche Bank increased their price objective on shares of Tripadvisor Inc Common Stock from $50.00 to $53.00 and gave the stock a “hold” rating in a research note on Tuesday, July 31st. Finally, Cowen reissued a “hold” rating and issued a $47.00 price objective on shares of Tripadvisor Inc Common Stock in a research note on Thursday, August 2nd. Two equities research analysts have rated the stock with a sell rating, twenty have issued a hold rating and three have given a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $46.88.

About Tripadvisor Inc Common Stock

TripAdvisor, Inc operates as an online travel company. The company operates in two segments, Hotel and Non-Hotel. Its travel platform aggregates reviews and opinions of members about destinations, accommodations, activities and attractions, and restaurants, which enables users to research and plan their travel experiences, as well as book hotels, flights, cruises, vacation rentals, tours, activities and attractions, and restaurant reservations on its site or mobile app, or on the site or app of travel partner sites.

Featured Story: Market Capitalization in the Stock Market

Want to see what other hedge funds are holding TRIP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Tripadvisor Inc Common Stock (NASDAQ:TRIP).

Institutional Ownership by Quarter for Tripadvisor Inc Common Stock (NASDAQ:TRIP)

Receive News & Ratings for Tripadvisor Inc Common Stock Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tripadvisor Inc Common Stock and related companies with MarketBeat.com's FREE daily email newsletter.