Tripadvisor Inc Common Stock (TRIP) Insider Sells $38,993.46 in Stock
Tripadvisor Inc Common Stock (NASDAQ:TRIP) insider Noel Bertram Watson sold 726 shares of the stock in a transaction on Wednesday, August 15th. The stock was sold at an average price of $53.71, for a total transaction of $38,993.46. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.
Tripadvisor Inc Common Stock stock opened at $53.55 on Monday. Tripadvisor Inc Common Stock has a 1-year low of $29.50 and a 1-year high of $62.36. The firm has a market capitalization of $7.48 billion, a price-to-earnings ratio of 111.56, a price-to-earnings-growth ratio of 4.03 and a beta of 1.74.
Tripadvisor Inc Common Stock (NASDAQ:TRIP) last released its quarterly earnings data on Wednesday, August 1st. The travel company reported $0.41 earnings per share for the quarter, beating analysts’ consensus estimates of $0.25 by $0.16. Tripadvisor Inc Common Stock had a negative net margin of 1.40% and a positive return on equity of 4.36%. The firm had revenue of $433.00 million for the quarter, compared to analyst estimates of $434.86 million. During the same period last year, the firm earned $0.38 earnings per share. The business’s quarterly revenue was up 2.1% compared to the same quarter last year. equities research analysts anticipate that Tripadvisor Inc Common Stock will post 0.8 EPS for the current fiscal year.
TRIP has been the subject of several recent analyst reports. Zacks Investment Research cut shares of Tripadvisor Inc Common Stock from a “hold” rating to a “strong sell” rating in a research report on Wednesday, April 25th. ValuEngine cut shares of Tripadvisor Inc Common Stock from a “sell” rating to a “strong sell” rating in a research report on Wednesday, May 2nd. Deutsche Bank increased their price objective on shares of Tripadvisor Inc Common Stock to $38.00 and gave the stock a “hold” rating in a research report on Tuesday, May 8th. Wedbush set a $48.00 target price on shares of Tripadvisor Inc Common Stock and gave the stock a “hold” rating in a research note on Thursday, May 10th. Finally, TheStreet lowered shares of Tripadvisor Inc Common Stock from a “c” rating to a “d+” rating in a research note on Tuesday, May 8th. Two equities research analysts have rated the stock with a sell rating, nineteen have issued a hold rating and four have assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $46.88.
Tripadvisor Inc Common Stock 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.
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