As Tripadvisor INC (TRIP) Market Valuation Rose, Shareholder Spark Investment Management LLC Lowered Position

May 26, 2018 - By Kurt Siggers

TripAdvisor, Inc. (NASDAQ:TRIP) LogoInvestors sentiment increased to 1.24 in 2017 Q4. Its up 0.30, from 0.94 in 2017Q3. It increased, as 58 investors sold TRIP shares while 73 reduced holdings. 47 funds opened positions while 116 raised stakes. 115.06 million shares or 4.24% less from 120.15 million shares in 2017Q3 were reported. Brown Advisory has 54,028 shares for 0.01% of their portfolio. Alliancebernstein Limited Partnership holds 0% or 178,732 shares in its portfolio. Cornerstone Mgmt Hldg Ltd Liability Com holds 0% or 20,386 shares. Parallax Volatility Advisers Lp reported 39,898 shares. Cannell Limited Liability Co stated it has 0.35% of its portfolio in TripAdvisor, Inc. (NASDAQ:TRIP). Thompson Davis And Co holds 250 shares. Stone Ridge Asset Management Ltd Liability holds 13,699 shares. Tarbox Family Office holds 60 shares or 0% of its portfolio. 28,543 are held by Wealth Enhancement Advisory Ser Limited Company. Envestnet Asset Management holds 0% of its portfolio in TripAdvisor, Inc. (NASDAQ:TRIP) for 570 shares. Susquehanna Interest Group Limited Liability Partnership invested in 0% or 51,767 shares. State Bank Of Montreal Can has 58,876 shares. Hillhouse Cap Mgmt holds 0.96% or 1.64M shares. Twin Mgmt accumulated 39,252 shares or 0.07% of the stock. Marathon Asset Mngmt Limited Liability Partnership reported 0.18% stake.

Since December 18, 2017, it had 0 insider buys, and 4 sales for $1.54 million activity. Another trade for 346 shares valued at $11,937 was sold by Nishar Dipchand. Shares for $35,002 were sold by Watson Noel Bertram on Tuesday, May 15. The insider Halpin Dermot sold 26,313 shares worth $1.12M.

Spark Investment Management Llc decreased its stake in Tripadvisor Inc (TRIP) by 24.47% based on its latest 2017Q4 regulatory filing with the SEC. Spark Investment Management Llc sold 88,300 shares as the company’s stock rose 16.66% while stock markets declined. The hedge fund held 272,500 shares of the technology company at the end of 2017Q4, valued at $9.39 million, down from 360,800 at the end of the previous reported quarter. Spark Investment Management Llc who had been investing in Tripadvisor Inc for a number of months, seems to be less bullish one the $6.80B market cap company. The stock increased 0.79% or $0.39 during the last trading session, reaching $49.48. About 1.82 million shares traded. TripAdvisor, Inc. (NASDAQ:TRIP) has declined 5.46% since May 26, 2017 and is downtrending. It has underperformed by 17.01% the S&P500.

Spark Investment Management Llc, which manages about $1.26B and $1.87 billion US Long portfolio, upped its stake in Par Pacific Holdings Inc (NYSEMKT:PARR) by 192,100 shares to 325,100 shares, valued at $6.27M in 2017Q4, according to the filing. It also increased its holding in Hollyfrontier Corp (NYSE:HFC) by 254,100 shares in the quarter, for a total of 481,600 shares, and has risen its stake in Marathon Pete Corp (NYSE:MPC).

Analysts await TripAdvisor, Inc. (NASDAQ:TRIP) to report earnings on August, 14. They expect $0.25 earnings per share, 0.00 % or $0.00 from last year’s $0.25 per share. TRIP’s profit will be $34.35M for 49.48 P/E if the $0.25 EPS becomes a reality. After $0.09 actual earnings per share reported by TripAdvisor, Inc. for the previous quarter, Wall Street now forecasts 177.78 % EPS growth.

More notable recent TripAdvisor, Inc. (NASDAQ:TRIP) news were published by: which released: “TripAdvisor’s Narrative Is Changing” on May 16, 2018, also with their article: “TripAdvisor Inc. 2018 Q1 – Results – Earnings Call Slides” published on May 09, 2018, published: “TripAdvisor’s Green Shoots, Can They Last?” on May 16, 2018. More interesting news about TripAdvisor, Inc. (NASDAQ:TRIP) were released by: and their article: “Tracking Allan Mecham’s Arlington Value Capital Portfolio – Q1 2018 Update” published on May 26, 2018 as well as‘s news article titled: “Sector Shakeup: Telecom Sector To Be Broadened And Renamed Communications Services” with publication date: May 25, 2018.

TripAdvisor, Inc. (NASDAQ:TRIP) Ratings Coverage

Among 12 analysts covering TripAdvisor (NASDAQ:TRIP), 1 have Buy rating, 1 Sell and 10 Hold. Therefore 8% are positive. TripAdvisor had 15 analyst reports since November 27, 2017 according to SRatingsIntel. SunTrust maintained TripAdvisor, Inc. (NASDAQ:TRIP) rating on Thursday, February 15. SunTrust has “Hold” rating and $40.0 target. SunTrust maintained TripAdvisor, Inc. (NASDAQ:TRIP) rating on Monday, February 5. SunTrust has “Hold” rating and $37.0 target. The stock has “Hold” rating by Deutsche Bank on Tuesday, May 8. The rating was maintained by Susquehanna on Friday, February 16 with “Hold”. The rating was maintained by Wedbush on Thursday, May 10 with “Hold”. The firm has “Hold” rating by Stifel Nicolaus given on Thursday, February 15. Guggenheim downgraded the stock to “Sell” rating in Friday, May 25 report. The stock of TripAdvisor, Inc. (NASDAQ:TRIP) has “Buy” rating given on Wednesday, May 16 by Macquarie Research. Cowen & Co maintained TripAdvisor, Inc. (NASDAQ:TRIP) on Monday, November 27 with “Market Perform” rating. The stock has “Hold” rating by Barclays Capital on Friday, February 16.

TripAdvisor, Inc. (NASDAQ:TRIP) Institutional Positions Chart

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