Tripadvisor Inc (TRIP) Insider Noel Bertram Watson Sells 723 Shares

Tripadvisor Inc (NASDAQ:TRIP) insider Noel Bertram Watson sold 723 shares of Tripadvisor stock in a transaction that occurred on Monday, November 12th. The stock was sold at an average price of $63.30, for a total transaction of $45,765.90. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

Noel Bertram Watson also recently made the following trade(s):

  • On Wednesday, August 15th, Noel Bertram Watson sold 726 shares of Tripadvisor stock. The stock was sold at an average price of $53.71, for a total transaction of $38,993.46.

Shares of NASDAQ:TRIP traded up $0.43 during trading on Tuesday, reaching $63.10. 2,021,684 shares of the company traded hands, compared to its average volume of 2,595,483. The firm has a market capitalization of $8.71 billion, a P/E ratio of 131.46, a price-to-earnings-growth ratio of 4.73 and a beta of 1.48. Tripadvisor Inc has a 1-year low of $29.50 and a 1-year high of $69.00.

Tripadvisor (NASDAQ:TRIP) last issued its earnings results on Wednesday, November 7th. The travel company reported $0.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.48 by $0.24. The company had revenue of $458.00 million during the quarter, compared to analyst estimates of $469.09 million. Tripadvisor had a net margin of 1.38% and a return on equity of 7.46%. The company’s revenue for the quarter was up 4.3% on a year-over-year basis. During the same quarter last year, the business posted $0.36 EPS. Sell-side analysts expect that Tripadvisor Inc will post 0.83 earnings per share for the current year.

Several large investors have recently modified their holdings of the business. Norinchukin Bank The lifted its stake in shares of Tripadvisor by 8.4% in the 3rd quarter. Norinchukin Bank The now owns 13,156 shares of the travel company’s stock valued at $672,000 after purchasing an additional 1,016 shares during the last quarter. Tower Research Capital LLC TRC lifted its stake in shares of Tripadvisor by 72.5% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,728 shares of the travel company’s stock valued at $152,000 after purchasing an additional 1,147 shares during the last quarter. CIBC Private Wealth Group LLC lifted its stake in shares of Tripadvisor by 2.0% in the 2nd quarter. CIBC Private Wealth Group LLC now owns 65,118 shares of the travel company’s stock valued at $3,628,000 after purchasing an additional 1,289 shares during the last quarter. Global X Management Co LLC lifted its stake in shares of Tripadvisor by 30.5% in the 2nd quarter. Global X Management Co LLC now owns 6,233 shares of the travel company’s stock valued at $347,000 after purchasing an additional 1,458 shares during the last quarter. Finally, River & Mercantile Asset Management LLP lifted its stake in shares of Tripadvisor by 1.5% in the 2nd quarter. River & Mercantile Asset Management LLP now owns 105,413 shares of the travel company’s stock valued at $5,874,000 after purchasing an additional 1,513 shares during the last quarter. 89.44% of the stock is owned by institutional investors.

Several equities analysts have weighed in on TRIP shares. ValuEngine cut shares of Tripadvisor from a “strong-buy” rating to a “buy” rating in a research report on Thursday, August 2nd. BidaskClub cut shares of Tripadvisor from a “strong-buy” rating to a “buy” rating in a research report on Friday, August 3rd. Wedbush set a $48.00 price objective on shares of Tripadvisor and gave the stock a “hold” rating in a research report on Sunday, August 5th. Stifel Nicolaus lifted their price objective on shares of Tripadvisor from $42.00 to $48.00 and gave the stock a “hold” rating in a research report on Friday, August 3rd. Finally, Needham & Company LLC upgraded shares of Tripadvisor from an “underperform” rating to a “hold” rating in a research report on Friday, August 3rd. Three equities research analysts have rated the stock with a sell rating, fifteen have given a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $54.71.

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About Tripadvisor

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.

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

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