Tripadvisor Inc (TRIP) Short Interest Up 8.5% in January

Tripadvisor Inc (NASDAQ:TRIP) was the recipient of a significant growth in short interest in the month of January. As of January 31st, there was short interest totalling 21,333,333 shares, a growth of 8.5% from the January 12th total of 19,653,912 shares. Based on an average trading volume of 2,772,339 shares, the short-interest ratio is presently 7.7 days. Currently, 20.3% of the company’s stock are sold short.

In related news, CFO Ernst 02494 Teunissen sold 9,457 shares of Tripadvisor stock in a transaction that occurred on Tuesday, February 6th. The stock was sold at an average price of $40.00, for a total transaction of $378,280.00. Following the transaction, the chief financial officer now owns 13,866 shares of the company’s stock, valued at $554,640. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 1.09% of the company’s stock.

Several large investors have recently added to or reduced their stakes in the stock. FNY Managed Accounts LLC bought a new position in Tripadvisor in the 3rd quarter worth about $101,000. SeaCrest Wealth Management LLC bought a new position in Tripadvisor in the 4th quarter worth about $104,000. NuWave Investment Management LLC bought a new position in Tripadvisor in the 4th quarter worth about $116,000. Steward Partners Investment Advisory LLC increased its stake in Tripadvisor by 164.8% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 4,880 shares of the travel company’s stock worth $168,000 after acquiring an additional 3,037 shares during the last quarter. Finally, Meag Munich Ergo Kapitalanlagegesellschaft MBH bought a new position in Tripadvisor in the 4th quarter worth about $180,000. Institutional investors own 90.32% of the company’s stock.

Tripadvisor (TRIP) traded down $1.74 during trading hours on Friday, hitting $38.31. The company had a trading volume of 7,033,950 shares, compared to its average volume of 3,303,972. The company has a debt-to-equity ratio of 0.19, a quick ratio of 2.47 and a current ratio of 2.47. Tripadvisor has a 12 month low of $29.50 and a 12 month high of $53.29. The company has a market cap of $5,190.00, a price-to-earnings ratio of 81.51, a price-to-earnings-growth ratio of 4.74 and a beta of 2.22.

Tripadvisor (NASDAQ:TRIP) last released its quarterly earnings data on Monday, November 6th. The travel company reported $0.36 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.36. Tripadvisor had a return on equity of 6.81% and a net margin of 4.26%. The company had revenue of $439.00 million for the quarter, compared to analyst estimates of $451.27 million. During the same period in the previous year, the company posted $0.53 EPS. The firm’s revenue for the quarter was up 4.3% compared to the same quarter last year. sell-side analysts predict that Tripadvisor will post 0.69 EPS for the current fiscal year.

Several research analysts recently issued reports on the company. BidaskClub raised Tripadvisor from a “strong sell” rating to a “sell” rating in a research report on Wednesday. Zacks Investment Research cut Tripadvisor from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. ValuEngine cut Tripadvisor from a “hold” rating to a “sell” rating in a research report on Friday, February 2nd. Oppenheimer reaffirmed a “hold” rating on shares of Tripadvisor in a research report on Thursday, January 25th. Finally, Cowen reissued a “market perform” rating and issued a $40.00 price objective (up previously from $30.00) on shares of Tripadvisor in a research report on Monday, November 27th. Eight investment analysts have rated the stock with a sell rating and eighteen have assigned a hold rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $39.42.

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About Tripadvisor

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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