TripAdvisorTRIP
About: Tripadvisor is the world's leading travel metasearch company. Its platform offers 1 billion reviews and information on about 8 million accommodations, restaurants, experiences, airlines, and cruises. In 2023, 58% of revenue came from the company's core Brand Tripadvisor segment, which includes hotel revenue generated through advertising on its metasearch platform. Viator, its experiences brand, was 41% of sales in 2023, and TheFork, its dining brand, represented 9% of revenue (about 8% of sales were intersegment, which are eliminated from consolidated revenue).
Employees: 2,850
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
0.51% less ownership
Funds ownership: 80.88% [Q1] → 80.37% (-0.51%) [Q2]
8% less funds holding
Funds holding: 307 [Q1] → 281 (-26) [Q2]
11% less repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 94
33% less first-time investments, than exits
New positions opened: 54 | Existing positions closed: 80
36% less capital invested
Capital invested by funds: $2.81B [Q1] → $1.81B (-$999M) [Q2]
46% less call options, than puts
Call options by funds: $107M | Put options by funds: $200M
67% less funds holding in top 10
Funds holding in top 10: 6 [Q1] → 2 (-4) [Q2]
Research analyst outlook
15 Wall Street Analysts provided 1 year price targets over the past 3 months
15 analyst ratings
Cantor Fitzgerald Deepak Mathivanan 71% 1-year accuracy 27 / 38 met price target | 21%downside $12 | Underweight Reiterated | 7 Oct 2024 |
Cantor Fitzgerald Deepak Mathivanan 71% 1-year accuracy 27 / 38 met price target | 21%downside $12 | Underweight Reiterated | 30 Sept 2024 |
Citigroup Ronald Josey 81% 1-year accuracy 29 / 36 met price target | 5%upside $16 | Neutral Maintained | 24 Sept 2024 |
Cantor Fitzgerald Deepak Mathivanan 71% 1-year accuracy 27 / 38 met price target | 21%downside $12 | Underweight Reiterated | 23 Sept 2024 |
Cantor Fitzgerald Deepak Mathivanan 71% 1-year accuracy 27 / 38 met price target | 21%downside $12 | Underweight Initiated | 5 Sept 2024 |
Financial journalist opinion
Based on 4 articles about TRIP published over the past 30 days