Boyar Asset Management Inc. Sells 732 Shares of TripAdvisor, Inc. $TRIP

Boyar Asset Management Inc. lessened its position in TripAdvisor, Inc. (NASDAQ:TRIP) by 1.2% during the 2nd quarter, Holdings Channel reports. The firm owned 60,346 shares of the travel company’s stock after selling 732 shares during the quarter. Boyar Asset Management Inc.’s holdings in TripAdvisor were worth $788,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Ameriprise Financial Inc. boosted its stake in shares of TripAdvisor by 27.7% in the 1st quarter. Ameriprise Financial Inc. now owns 5,635,384 shares of the travel company’s stock valued at $79,852,000 after purchasing an additional 1,222,958 shares in the last quarter. Nuveen LLC acquired a new stake in shares of TripAdvisor in the 1st quarter valued at $32,536,000. Royal Bank of Canada boosted its stake in shares of TripAdvisor by 82,306.8% in the 1st quarter. Royal Bank of Canada now owns 1,528,647 shares of the travel company’s stock valued at $21,661,000 after purchasing an additional 1,526,792 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of TripAdvisor by 8.1% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,302,247 shares of the travel company’s stock valued at $18,453,000 after purchasing an additional 97,885 shares in the last quarter. Finally, Gotham Asset Management LLC boosted its stake in shares of TripAdvisor by 9.5% in the 1st quarter. Gotham Asset Management LLC now owns 1,175,694 shares of the travel company’s stock valued at $16,660,000 after purchasing an additional 101,921 shares in the last quarter. Institutional investors and hedge funds own 98.99% of the company’s stock.

TripAdvisor Stock Performance

TripAdvisor stock opened at $15.88 on Friday. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 1.37. TripAdvisor, Inc. has a 1 year low of $10.43 and a 1 year high of $20.16. The company has a market cap of $1.84 billion, a PE ratio of 33.08, a PEG ratio of 2.48 and a beta of 1.21. The company’s 50-day moving average is $17.37 and its two-hundred day moving average is $15.32.

TripAdvisor (NASDAQ:TRIP) last released its earnings results on Thursday, August 7th. The travel company reported $0.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.43 by $0.03. TripAdvisor had a net margin of 3.53% and a return on equity of 12.40%. The company had revenue of $529.00 million for the quarter, compared to the consensus estimate of $529.91 million. During the same period in the prior year, the company posted $0.39 EPS. The company’s revenue was up 6.4% compared to the same quarter last year. TripAdvisor has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. Equities analysts anticipate that TripAdvisor, Inc. will post 0.46 earnings per share for the current year.

Analyst Ratings Changes

Several equities research analysts have recently commented on the stock. DA Davidson set a $16.25 target price on shares of TripAdvisor in a research note on Tuesday, July 8th. Wall Street Zen upgraded shares of TripAdvisor from a “buy” rating to a “strong-buy” rating in a research report on Saturday, September 13th. Bank of America started coverage on shares of TripAdvisor in a research report on Monday, July 14th. They set a “neutral” rating and a $19.00 price target on the stock. B. Riley upped their price target on shares of TripAdvisor from $17.00 to $21.00 and gave the stock a “neutral” rating in a research report on Monday, August 11th. Finally, Citigroup upped their price target on shares of TripAdvisor from $16.00 to $19.00 and gave the stock a “neutral” rating in a research report on Monday, August 18th. Eight equities research analysts have rated the stock with a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, TripAdvisor presently has a consensus rating of “Reduce” and a consensus price target of $17.03.

Insider Transactions at TripAdvisor

In other TripAdvisor news, insider Seth J. Kalvert sold 10,880 shares of the company’s stock in a transaction dated Friday, September 19th. The shares were sold at an average price of $20.04, for a total transaction of $218,035.20. Following the transaction, the insider directly owned 136,914 shares in the company, valued at approximately $2,743,756.56. This represents a 7.36% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 3.10% of the company’s stock.

About TripAdvisor

TripAdvisor, Inc operates as an online travel company, primarily engages in the provision of travel guidance products and services worldwide. The company operates in three segments: Brand Tripadvisor, Viator, and TheFork. The Brand Tripadvisor segment offers travel guidance platforms for travelers to discover, generate, and share authentic user-generated content in the form of ratings and reviews for destinations, points-of-interest, experiences, accommodations, restaurants, and cruises.