Investors Purchase High Volume of Tripadvisor Call Options (NASDAQ:TRIP)

Tripadvisor, Inc. (NASDAQ:TRIP - Get Free Report) saw unusually large options trading on Thursday. Stock investors acquired 9,754 call options on the stock. This is an increase of approximately 192% compared to the average daily volume of 3,338 call options.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the stock. True Wealth Design LLC bought a new position in Tripadvisor in the 3rd quarter worth approximately $27,000. Capital Performance Advisors LLP bought a new position in shares of Tripadvisor in the third quarter worth $28,000. Blue Trust Inc. grew its stake in shares of Tripadvisor by 204.4% in the fourth quarter. Blue Trust Inc. now owns 2,298 shares of the travel company's stock worth $33,000 after purchasing an additional 1,543 shares in the last quarter. Future Financial Wealth Managment LLC acquired a new position in shares of Tripadvisor during the third quarter valued at $43,000. Finally, GAMMA Investing LLC raised its stake in shares of Tripadvisor by 204.7% during the fourth quarter. GAMMA Investing LLC now owns 3,675 shares of the travel company's stock valued at $54,000 after purchasing an additional 2,469 shares in the last quarter. 98.99% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on TRIP. TD Cowen increased their price objective on shares of Tripadvisor from $15.00 to $20.00 and gave the company a "hold" rating in a research report on Thursday, November 7th. StockNews.com downgraded shares of Tripadvisor from a "buy" rating to a "hold" rating in a research note on Thursday, January 9th. DA Davidson reissued a "neutral" rating and issued a $16.00 price objective on shares of Tripadvisor in a research report on Thursday, December 19th. Wedbush restated a "neutral" rating and set a $17.00 target price on shares of Tripadvisor in a research note on Thursday, December 19th. Finally, UBS Group cut their price target on Tripadvisor from $18.00 to $17.00 and set a "neutral" rating on the stock in a research note on Thursday, November 7th. Three investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $17.50.

Tripadvisor Stock Performance

Shares of Tripadvisor stock traded down $0.27 during trading hours on Friday, reaching $17.66. The company's stock had a trading volume of 3,817,380 shares, compared to its average volume of 2,831,759. Tripadvisor has a one year low of $12.93 and a one year high of $28.76. The company's 50 day simple moving average is $14.48 and its 200 day simple moving average is $15.01. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.85 and a current ratio of 1.85. The stock has a market cap of $2.46 billion, a P/E ratio of 76.79, a price-to-earnings-growth ratio of 8.59 and a beta of 1.33.

Tripadvisor (NASDAQ:TRIP - Get Free Report) last issued its earnings results on Wednesday, November 6th. The travel company reported $0.50 EPS for the quarter, beating analysts' consensus estimates of $0.44 by $0.06. The company had revenue of $532.00 million during the quarter, compared to the consensus estimate of $527.86 million. Tripadvisor had a return on equity of 10.37% and a net margin of 1.98%. Tripadvisor's quarterly revenue was down .2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.35 earnings per share. As a group, analysts expect that Tripadvisor will post 0.36 EPS for the current fiscal year.

About Tripadvisor

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.