Entropy Technologies LP Decreases Stake in Tripadvisor, Inc. (NASDAQ:TRIP)

Entropy Technologies LP reduced its stake in Tripadvisor, Inc. (NASDAQ:TRIP) by 4.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 21,416 shares of the travel company’s stock after selling 1,103 shares during the period. Entropy Technologies LP’s holdings in Tripadvisor were worth $316,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. True Wealth Design LLC bought a new stake in shares of Tripadvisor in the 3rd quarter worth approximately $27,000. Capital Performance Advisors LLP bought a new stake in shares of Tripadvisor in the 3rd quarter worth approximately $28,000. Blue Trust Inc. grew its position in shares of Tripadvisor by 204.4% in the 4th quarter. Blue Trust Inc. now owns 2,298 shares of the travel company’s stock worth $33,000 after buying an additional 1,543 shares during the last quarter. GAMMA Investing LLC grew its position in shares of Tripadvisor by 204.7% in the 4th quarter. GAMMA Investing LLC now owns 3,675 shares of the travel company’s stock worth $54,000 after buying an additional 2,469 shares during the last quarter. Finally, KBC Group NV grew its position in shares of Tripadvisor by 65.3% in the 3rd quarter. KBC Group NV now owns 4,499 shares of the travel company’s stock worth $65,000 after buying an additional 1,777 shares during the last quarter. 98.99% of the stock is owned by hedge funds and other institutional investors.

Tripadvisor Trading Up 0.5 %

Tripadvisor stock opened at $17.75 on Friday. The company has a current ratio of 1.85, a quick ratio of 1.85 and a debt-to-equity ratio of 0.93. The business’s fifty day simple moving average is $15.60 and its two-hundred day simple moving average is $15.00. Tripadvisor, Inc. has a 12 month low of $12.93 and a 12 month high of $28.76. The company has a market capitalization of $2.47 billion, a price-to-earnings ratio of 77.18, a price-to-earnings-growth ratio of 9.54 and a beta of 1.34.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on TRIP shares. Cantor Fitzgerald cut their price objective on Tripadvisor from $12.00 to $11.00 and set an “underweight” rating on the stock in a research report on Thursday, November 7th. DA Davidson reiterated a “neutral” rating and issued a $16.00 price objective on shares of Tripadvisor in a research report on Thursday, December 19th. Wedbush reiterated a “neutral” rating and issued a $17.00 price objective on shares of Tripadvisor in a research report on Thursday, December 19th. StockNews.com lowered Tripadvisor from a “buy” rating to a “hold” rating in a research report on Thursday, January 9th. Finally, TD Cowen lifted their price target on Tripadvisor from $15.00 to $20.00 and gave the company a “hold” rating in a research report on Thursday, November 7th. Three research analysts have rated the stock with a sell rating, ten have given a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $17.50.

Tripadvisor Company Profile

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.