Persistent Asset Partners Ltd Makes New Investment in TripAdvisor, Inc. $TRIP

Persistent Asset Partners Ltd acquired a new position in shares of TripAdvisor, Inc. (NASDAQ:TRIP) in the 4th quarter, Holdings Channel.com reports. The fund acquired 100,000 shares of the travel company’s stock, valued at approximately $1,456,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Kestra Advisory Services LLC purchased a new position in TripAdvisor during the fourth quarter worth $33,000. UMB Bank n.a. boosted its stake in shares of TripAdvisor by 295.2% during the fourth quarter. UMB Bank n.a. now owns 2,300 shares of the travel company’s stock valued at $33,000 after purchasing an additional 1,718 shares during the period. Smartleaf Asset Management LLC boosted its stake in shares of TripAdvisor by 39.7% during the third quarter. Smartleaf Asset Management LLC now owns 2,482 shares of the travel company’s stock valued at $42,000 after purchasing an additional 705 shares during the period. CIBC Private Wealth Group LLC purchased a new stake in shares of TripAdvisor during the third quarter valued at $58,000. Finally, Atlas Capital Advisors Inc. purchased a new stake in shares of TripAdvisor during the fourth quarter valued at $58,000. 98.99% of the stock is owned by hedge funds and other institutional investors.

TripAdvisor Stock Performance

TRIP stock opened at $12.81 on Wednesday. The company has a debt-to-equity ratio of 1.36, a current ratio of 1.25 and a quick ratio of 1.25. The business has a 50-day moving average price of $10.99 and a 200 day moving average price of $11.96. The company has a market capitalization of $1.49 billion, a P/E ratio of 128.11, a PEG ratio of 2.47 and a beta of 0.90. TripAdvisor, Inc. has a 1-year low of $9.01 and a 1-year high of $20.16.

TripAdvisor (NASDAQ:TRIP) last released its quarterly earnings data on Thursday, May 7th. The travel company reported ($0.11) earnings per share for the quarter, missing the consensus estimate of ($0.03) by ($0.08). The firm had revenue of $382.40 million during the quarter, compared to the consensus estimate of $384.69 million. TripAdvisor had a net margin of 0.99% and a return on equity of 5.73%. The business’s revenue was down 4.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.14 earnings per share. As a group, equities research analysts forecast that TripAdvisor, Inc. will post 0.69 EPS for the current fiscal year.

More TripAdvisor News

Here are the key news stories impacting TripAdvisor this week:

• Positive Sentiment: The $700 million sale should unlock value for TripAdvisor and strengthen its balance sheet, while giving management more flexibility to invest in higher-growth areas such as experiences and Viator. Tripadvisor Enters into Agreement to Sell TheFork to American Express for $700 Million
• Positive Sentiment: Analysts viewed the divestiture as accretive to valuation, with Jefferies saying the transaction simplifies the business and could help surface hidden value in the stock. Tripadvisor sale of TheFork seen as accretive to valuation not outlook, says Jefferies
• Neutral Sentiment: The deal is expected to close before the end of fiscal 2026, so investors may continue to focus on execution and whether Tripadvisor can convert the asset sale into improved long-term growth. American Express to buy Tripadvisor’s restaurant booking platform TheFork in $700 million deal
• Neutral Sentiment: DA Davidson raised its price target on TripAdvisor to $15.50 while keeping a neutral rating, suggesting some improved sentiment but not a full bullish call yet. TripAdvisor price target raised by DA Davidson
• Negative Sentiment: Some analysts warned that while the sale helps valuation, it does not fully offset longer-term pressure in Tripadvisor’s core business, including competition and macro headwinds. Tripadvisor sale of TheFork seen as accretive to valuation not outlook, says Jefferies

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on TRIP. Wedbush boosted their target price on shares of TripAdvisor from $19.00 to $20.00 and gave the company an “outperform” rating in a research note on Tuesday. Weiss Ratings reissued a “sell (d)” rating on shares of TripAdvisor in a research note on Friday, May 15th. Barclays lowered their target price on shares of TripAdvisor from $10.00 to $9.00 and set an “underweight” rating for the company in a research note on Monday, May 11th. DA Davidson boosted their target price on shares of TripAdvisor from $10.50 to $15.50 and gave the company a “neutral” rating in a research note on Monday. Finally, UBS Group lowered their target price on shares of TripAdvisor from $16.00 to $13.70 and set a “neutral” rating for the company in a research note on Monday, April 27th. Five analysts have rated the stock with a Buy rating, six have given a Hold rating and five have assigned a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $15.19.

Insider Buying and Selling at TripAdvisor

In related news, CEO Almir Ambeskovic sold 8,000 shares of TripAdvisor stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $12.30, for a total value of $98,400.00. Following the completion of the sale, the chief executive officer directly owned 34,396 shares in the company, valued at $423,070.80. The trade was a 18.87% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.00% of the stock is owned by insiders.

TripAdvisor Company Profile

TripAdvisor (NASDAQ:TRIP) is a leading online travel company that operates a digital platform for travel information, reviews and booking services. The company’s flagship website and mobile apps allow users to access and contribute travel-related content—ranging from hotel and restaurant reviews to ratings for tours, attractions and vacation rentals—helping consumers plan and book trips around the world.

The core of TripAdvisor’s offering is its community-driven review system, which aggregates user-generated feedback alongside editorial content and professional photography.