Tripadvisor Inc (NASDAQ:TRIP) SVP Seth J. Kalvert sold 15,653 shares of the stock in a transaction dated Tuesday, December 4th. The shares were sold at an average price of $65.14, for a total value of $1,019,636.42. Following the completion of the transaction, the senior vice president now directly owns 15,653 shares in the company, valued at $1,019,636.42. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Shares of TRIP opened at $61.61 on Friday. Tripadvisor Inc has a 12 month low of $34.00 and a 12 month high of $69.00. The company has a market capitalization of $8.70 billion, a price-to-earnings ratio of 128.35, a price-to-earnings-growth ratio of 4.03 and a beta of 1.51.

Tripadvisor (NASDAQ:TRIP) last issued its quarterly earnings data on Wednesday, November 7th. The travel company reported $0.72 EPS for the quarter, beating the consensus estimate of $0.48 by $0.24. Tripadvisor had a return on equity of 7.46% and a net margin of 1.38%. The company had revenue of $458.00 million for the quarter, compared to analyst estimates of $469.09 million. During the same period last year, the company earned $0.36 earnings per share. Tripadvisor’s quarterly revenue was up 4.3% compared to the same quarter last year. Equities research analysts anticipate that Tripadvisor Inc will post 1.12 EPS for the current year.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Morgan Stanley lifted its position in shares of Tripadvisor by 2.1% in the third quarter. Morgan Stanley now owns 1,107,597 shares of the travel company’s stock valued at $56,565,000 after acquiring an additional 22,317 shares in the last quarter. Standard Life Aberdeen plc lifted its position in Tripadvisor by 3.7% during the third quarter. Standard Life Aberdeen plc now owns 96,467 shares of the travel company’s stock worth $4,927,000 after buying an additional 3,482 shares in the last quarter. TIAA CREF Investment Management LLC lifted its position in Tripadvisor by 1.3% during the third quarter. TIAA CREF Investment Management LLC now owns 394,370 shares of the travel company’s stock worth $20,140,000 after buying an additional 4,988 shares in the last quarter. Teachers Advisors LLC lifted its position in Tripadvisor by 11.6% during the third quarter. Teachers Advisors LLC now owns 247,291 shares of the travel company’s stock worth $12,629,000 after buying an additional 25,751 shares in the last quarter. Finally, Disciplined Growth Investors Inc. MN lifted its position in Tripadvisor by 5.5% during the third quarter. Disciplined Growth Investors Inc. MN now owns 502,930 shares of the travel company’s stock worth $25,685,000 after buying an additional 26,220 shares in the last quarter. Institutional investors and hedge funds own 88.79% of the company’s stock.

A number of research analysts have recently weighed in on the company. Bank of America increased their price objective on Tripadvisor from $38.00 to $43.00 and gave the company an “underperform” rating in a report on Thursday, November 8th. SunTrust Banks increased their price objective on Tripadvisor to $66.00 and gave the company a “hold” rating in a report on Friday, November 9th. Wedbush reissued a “neutral” rating and issued a $66.00 price objective on shares of Tripadvisor in a report on Friday, November 9th. DA Davidson increased their price objective on Tripadvisor to $62.00 and gave the company a “neutral” rating in a report on Friday, November 9th. They noted that the move was a valuation call. Finally, UBS Group lowered Tripadvisor from a “neutral” rating to a “sell” rating and increased their price objective for the company from $47.00 to $50.00 in a report on Friday, November 9th. Three analysts have rated the stock with a sell rating, fourteen have issued a hold rating, two have given a buy rating and three have assigned a strong buy rating to the company. Tripadvisor currently has a consensus rating of “Hold” and a consensus target price of $55.71.

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Tripadvisor Company Profile

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.

See Also: Diversification

Insider Buying and Selling by Quarter for Tripadvisor (NASDAQ:TRIP)

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