TripAdvisor, Inc. $TRIP Shares Purchased by Comerica Bank

Comerica Bank lifted its position in TripAdvisor, Inc. (NASDAQ:TRIP) by 49.8% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 75,161 shares of the travel company’s stock after purchasing an additional 25,001 shares during the quarter. Comerica Bank’s holdings in TripAdvisor were worth $1,065,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Tsfg LLC acquired a new stake in shares of TripAdvisor in the 1st quarter valued at about $35,000. Smartleaf Asset Management LLC boosted its position in shares of TripAdvisor by 86.9% in the 1st quarter. Smartleaf Asset Management LLC now owns 3,055 shares of the travel company’s stock valued at $43,000 after purchasing an additional 1,420 shares during the period. Kayne Anderson Rudnick Investment Management LLC boosted its position in shares of TripAdvisor by 419.8% in the 1st quarter. Kayne Anderson Rudnick Investment Management LLC now owns 3,893 shares of the travel company’s stock valued at $55,000 after purchasing an additional 3,144 shares during the period. Point72 Asia Singapore Pte. Ltd. boosted its position in shares of TripAdvisor by 150,850.0% in the 4th quarter. Point72 Asia Singapore Pte. Ltd. now owns 9,057 shares of the travel company’s stock valued at $134,000 after purchasing an additional 9,051 shares during the period. Finally, Atlas Capital Advisors Inc. acquired a new stake in shares of TripAdvisor in the 1st quarter valued at about $128,000. 98.99% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. JPMorgan Chase & Co. upped their target price on TripAdvisor from $11.00 to $13.00 and gave the company an “underweight” rating in a research report on Friday, May 9th. Bank of America assumed coverage on TripAdvisor in a research report on Monday, July 14th. They issued a “neutral” rating and a $19.00 target price for the company. Wall Street Zen cut TripAdvisor from a “strong-buy” rating to a “buy” rating in a research report on Saturday, June 14th. UBS Group reaffirmed a “neutral” rating on shares of TripAdvisor in a research note on Sunday, August 10th. Finally, DA Davidson set a $16.25 price objective on TripAdvisor in a research note on Tuesday, July 8th. Eight equities research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Reduce” and an average target price of $17.36.

TripAdvisor Stock Down 1.8%

TRIP opened at $17.64 on Friday. The business has a 50 day moving average price of $17.22 and a two-hundred day moving average price of $14.91. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 1.37. The company has a market cap of $2.05 billion, a PE ratio of 36.75, a P/E/G ratio of 2.85 and a beta of 1.27. TripAdvisor, Inc. has a 52 week low of $10.43 and a 52 week high of $19.26.

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

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.