What Will Happen to Tripadvisor Inc (NASDAQ:TRIP) Next? The Stock Has Increase in Shorts

June 13, 2018 - By Vivian Park

TripAdvisor, Inc. (NASDAQ:TRIP) Logo

Investors sentiment decreased to 1.05 in 2018 Q1. Its down 0.19, from 1.24 in 2017Q4. It is negative, as 33 investors sold TripAdvisor, Inc. shares while 99 reduced holdings. 49 funds opened positions while 90 raised stakes. 119.17 million shares or 3.58% more from 115.06 million shares in 2017Q4 were reported.
Whittier Tru Com Of Nevada holds 284 shares or 0% of its portfolio. Retirement Of Alabama owns 187,403 shares or 0.04% of their US portfolio. Great Lakes Lc accumulated 82,195 shares. Hollencrest Mgmt has 12,000 shares for 0.06% of their portfolio. Commonwealth Bank & Trust Of Aus has invested 0% in TripAdvisor, Inc. (NASDAQ:TRIP). Cibc Ww Markets Corp invested 0.01% in TripAdvisor, Inc. (NASDAQ:TRIP). Tradewinds Mngmt Lc reported 47 shares. Employees Retirement Association Of Colorado reported 0.01% in TripAdvisor, Inc. (NASDAQ:TRIP). Credit Suisse Ag reported 222,124 shares or 0.01% of all its holdings. Strs Ohio holds 1,406 shares or 0% of its portfolio. Texas-based Teacher Retirement Systems Of Texas has invested 0.01% in TripAdvisor, Inc. (NASDAQ:TRIP). Eagle, a New York-based fund reported 11.04 million shares. Zurcher Kantonalbank (Zurich Cantonalbank) stated it has 0.01% in TripAdvisor, Inc. (NASDAQ:TRIP). River Mercantile Asset Mngmt Limited Liability Partnership has invested 0.5% in TripAdvisor, Inc. (NASDAQ:TRIP). Dupont Cap Mngmt Corp holds 0% in TripAdvisor, Inc. (NASDAQ:TRIP) or 1,633 shares.

Since December 18, 2017, it had 0 buys, and 4 selling transactions for $1.54 million activity. Shares for $11,937 were sold by Nishar Dipchand on Monday, December 18. Halpin Dermot sold $1.12 million worth of TripAdvisor, Inc. (NASDAQ:TRIP) on Tuesday, February 20. Watson Noel Bertram also sold $35,002 worth of TripAdvisor, Inc. (NASDAQ:TRIP) on Tuesday, May 15.

The stock of Tripadvisor Inc (NASDAQ:TRIP) registered an increase of 1.68% in short interest. TRIP’s total short interest was 20.30 million shares in June as published by FINRA. Its up 1.68% from 19.97M shares, reported previously. With 2.01 million shares average volume, it will take short sellers 10 days to cover their TRIP’s short positions. The short interest to Tripadvisor Inc’s float is 18.91%.

The stock increased 2.07% or $1.18 during the last trading session, reaching $58.29. About 2.08 million shares traded. TripAdvisor, Inc. (NASDAQ:TRIP) has risen 24.26% since June 13, 2017 and is uptrending. It has outperformed by 11.69% the S&P500.

TripAdvisor, Inc. operates as an online travel company. The company has market cap of $8.01 billion. The firm operates through two divisions, Hotel and Non-Hotel. It currently has negative earnings. The Company’s travel platform aggregates reviews and opinions of members about destinations, accommodations, activities and attractions, and restaurants, which enables users to research and plan their travel experiences, as well as book hotels, flights, cruises, vacation rentals, activities and attractions, and restaurant reservations.

TripAdvisor, Inc. (NASDAQ:TRIP) Ratings Coverage

Among 11 analysts covering TripAdvisor Inc (NASDAQ:TRIP), 1 have Buy rating, 1 Sell and 9 Hold. Therefore 9% are positive. TripAdvisor Inc has $4800 highest and $37.0 lowest target. $42.60’s average target is -26.92% below currents $58.29 stock price. TripAdvisor Inc had 14 analyst reports since February 5, 2018 according to SRatingsIntel. The stock of TripAdvisor, Inc. (NASDAQ:TRIP) has “Hold” rating given on Thursday, May 10 by Wedbush. SunTrust maintained the shares of TRIP in report on Monday, February 5 with “Hold” rating. The firm earned “Hold” rating on Thursday, February 15 by SunTrust. On Wednesday, May 16 the stock rating was downgraded by Guggenheim to “Sell”. On Wednesday, May 16 the stock rating was upgraded by Macquarie Research to “Buy”. Stifel Nicolaus maintained the shares of TRIP in report on Thursday, February 15 with “Hold” rating. Guggenheim downgraded TripAdvisor, Inc. (NASDAQ:TRIP) on Friday, May 25 to “Sell” rating. The stock of TripAdvisor, Inc. (NASDAQ:TRIP) earned “Hold” rating by RBC Capital Markets on Thursday, February 15. The firm has “Hold” rating given on Tuesday, May 8 by Deutsche Bank. The rating was maintained by Barclays Capital on Friday, February 16 with “Hold”.

More notable recent TripAdvisor, Inc. (NASDAQ:TRIP) news were published by: Seekingalpha.com which released: “TripAdvisor’s Narrative Is Changing” on May 16, 2018, also Seekingalpha.com with their article: “TripAdvisor Looking To Turn Its Business Around” published on June 01, 2018, Fool.com published: “Why TripAdvisor Stock Gained 39% in May” on June 06, 2018. More interesting news about TripAdvisor, Inc. (NASDAQ:TRIP) were released by: Investorplace.com and their article: “The Top 20 Stocks of 2018” published on June 12, 2018 as well as Prnewswire.com‘s news article titled: “TripAdvisor Names Most Blissful Destinations For Wellness Travel” with publication date: June 12, 2018.

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

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