Tripadvisor Inc (TRIP) Director Sells $11,937.00 in Stock
Tripadvisor Inc (NASDAQ:TRIP) Director Dipchand Nishar sold 346 shares of the firm’s stock in a transaction that occurred on Friday, December 15th. The stock was sold at an average price of $34.50, for a total transaction of $11,937.00. Following the transaction, the director now directly owns 9,371 shares in the company, valued at $323,299.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
Shares of Tripadvisor Inc (NASDAQ:TRIP) traded up $0.43 during mid-day trading on Monday, reaching $35.46. 3,732,339 shares of the company traded hands, compared to its average volume of 3,169,608. The stock has a market capitalization of $4,864.90, a price-to-earnings ratio of 50.77, a price-to-earnings-growth ratio of 2.84 and a beta of 2.32. The company has a current ratio of 2.47, a quick ratio of 2.47 and a debt-to-equity ratio of 0.19. Tripadvisor Inc has a 12 month low of $29.50 and a 12 month high of $53.58.
Tripadvisor (NASDAQ:TRIP) last issued its quarterly earnings data on Monday, November 6th. The travel company reported $0.36 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.36. The company had revenue of $439.00 million for the quarter, compared to analyst estimates of $451.27 million. Tripadvisor had a net margin of 4.26% and a return on equity of 6.81%. Tripadvisor’s revenue was up 4.3% compared to the same quarter last year. During the same period last year, the company posted $0.53 earnings per share. analysts anticipate that Tripadvisor Inc will post 0.69 EPS for the current fiscal year.
A number of hedge funds have recently modified their holdings of TRIP. Schwab Charles Investment Management Inc. boosted its stake in Tripadvisor by 13.0% in the second quarter. Schwab Charles Investment Management Inc. now owns 406,835 shares of the travel company’s stock valued at $15,542,000 after acquiring an additional 46,930 shares in the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp boosted its stake in Tripadvisor by 29.3% in the second quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 61,742 shares of the travel company’s stock valued at $2,359,000 after acquiring an additional 14,000 shares in the last quarter. State of Wisconsin Investment Board boosted its stake in Tripadvisor by 22.7% in the second quarter. State of Wisconsin Investment Board now owns 90,133 shares of the travel company’s stock valued at $3,443,000 after acquiring an additional 16,670 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in Tripadvisor by 4.7% in the second quarter. Bank of New York Mellon Corp now owns 4,926,007 shares of the travel company’s stock valued at $188,176,000 after acquiring an additional 220,185 shares in the last quarter. Finally, Legal & General Group Plc boosted its stake in Tripadvisor by 8.2% in the second quarter. Legal & General Group Plc now owns 512,057 shares of the travel company’s stock valued at $19,561,000 after acquiring an additional 38,958 shares in the last quarter. 88.76% of the stock is currently owned by institutional investors.
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TripAdvisor, Inc owns and operates a portfolio of online travel brands. TripAdvisor, the Company’s brand, is a travel site. The Company operates through two segments: Hotel and Non-Hotel. The Company’s Hotel segment includes click-based advertising and transaction; display-based and subscription-based advertising, and other hotel operations.
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