Major Move Is Coming For Tripadvisor Inc After Bearish Options Activity

 Major Move Is Coming For Tripadvisor Inc After Bearish Options Activity

In today’s session Tripadvisor Inc (TRIP) recorded an unusually high (1,041) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the November, 2016 put, expecting serious TRIP decrease. With 1,041 contracts traded and 264 open interest for the Nov, 16 contract, it seems this is a quite bearish bet. The option with symbol: TRIP161118P00063000 closed last at: $2.9 or 19.4% down. About 6.79M shares traded hands or 285.80% up from the average. Tripadvisor Inc (NASDAQ:TRIP) has declined 0.39% since April 7, 2016 and is downtrending. It has underperformed by 5.18% the S&P500.

Tripadvisor Inc (NASDAQ:TRIP) Ratings Coverage

Out of 18 analysts covering TripAdvisor LLC (NASDAQ:TRIP), 3 rate it a “Buy”, 3 “Sell”, while 12 “Hold”. This means 17% are positive. $120 is the highest target while $53 is the lowest. The $74.56 average target is 42.53% above today’s ($52.31) stock price. TripAdvisor LLC has been the topic of 32 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The stock has “Neutral” rating given by UBS on Friday, February 12. The company was maintained on Tuesday, April 12 by JP Morgan. The stock of Tripadvisor Inc (NASDAQ:TRIP) earned “Neutral” rating by Guggenheim on Friday, November 6. On Wednesday, January 27 the stock rating was downgraded by Goldman Sachs to “Sell”. The rating was maintained by UBS with “Neutral” on Friday, November 6. The firm has “Sector Perform” rating given on Friday, November 6 by RBC Capital Markets. The company was downgraded on Monday, February 22 by Stifel Nicolaus. The stock of Tripadvisor Inc (NASDAQ:TRIP) earned “Buy” rating by Deutsche Bank on Friday, July 24. The stock of Tripadvisor Inc (NASDAQ:TRIP) has “Overweight” rating given on Thursday, December 10 by Piper Jaffray. The company was maintained on Friday, February 12 by Credit Suisse.

According to Zacks Investment Research, “TripAdvisor Inc. is an online travel research company. The Company features reviews and advice on hotels, resorts, flights, vacation rentals, vacation packages, travel guides, and lots more. The sites operate in many countries worldwide, including China under daodao.com. TripAdvisor Inc. is headquartered in Newton, Massachusetts.”

Insitutional Activity: The institutional sentiment increased to 1.36 in 2016 Q2. Its up 0.30, from 1.06 in 2016Q1. The ratio is positive, as 45 funds sold all Tripadvisor Inc shares owned while 94 reduced positions. 40 funds bought stakes while 149 increased positions. They now own 125.57 million shares or 0.99% more from 124.35 million shares in 2016Q1.
World Asset accumulated 10,778 shares or 0.03% of the stock. Light Street Cap Ltd Liability Company owns 375,000 shares or 4.4% of their US portfolio. Brinker has invested 0.05% of its portfolio in Tripadvisor Inc (NASDAQ:TRIP). Euclid Ltd has 0.02% invested in the company for 7,504 shares. Regions Fincl Corporation holds 49,970 shares or 0.04% of its portfolio. Shell Asset Com has invested 0.01% of its portfolio in Tripadvisor Inc (NASDAQ:TRIP). Moreover, Ibm Retirement Fund has 0.03% invested in Tripadvisor Inc (NASDAQ:TRIP) for 11,510 shares. Amalgamated National Bank & Trust has 10,164 shares for 0.04% of their US portfolio. Norinchukin National Bank The accumulated 0.01% or 5,995 shares. Integral Derivatives Ltd Liability Co accumulated 9,335 shares or 0.01% of the stock. Moreover, Kanaly Trust Company has 0.01% invested in Tripadvisor Inc (NASDAQ:TRIP) for 828 shares. Moreover, Tocqueville Asset Mngmt Limited Partnership has 0.02% invested in Tripadvisor Inc (NASDAQ:TRIP) for 21,723 shares. Mycio Wealth Partners Limited Liability Company holds 220 shares or 0% of its portfolio. Moreover, Par Capital Mngmt Inc has 3.41% invested in Tripadvisor Inc (NASDAQ:TRIP) for 3.20M shares. United Svcs Automobile Association has invested 0.01% of its portfolio in Tripadvisor Inc (NASDAQ:TRIP).

Insider Transactions: Since May 11, 2016, the stock had 0 buys, and 4 selling transactions for $2.20 million net activity. Shares for $102,064 were sold by Kalvert Seth J. 4,274 shares were sold by Seidenberg Barrie, worth $259,743. $617,747 worth of Tripadvisor Inc (NASDAQ:TRIP) was sold by Halpin Dermot on Wednesday, August 24.

TripAdvisor, Inc. is an online travel company, which owns and operates a portfolio of online travel brands. The company has a market cap of $7.62 billion. TripAdvisor, the Company’s flagship brand, is a travel Website. It has a 55.48 P/E ratio. The Firm operates in two divisions.

TRIP Company Profile

TripAdvisor, Inc., incorporated on July 20, 2011, is an online travel company, which owns and operates a portfolio of online travel brands. TripAdvisor, the Company’s flagship brand, is a travel Website. The Firm operates in two divisions: Hotel and Other. The Company’s Other segment consists of three divisions, which include Attractions, Restaurants and Vacation Rentals businesses. The Company’s branded Websites include tripadvisor.com in the United States and its localized versions of the TripAdvisor Website in approximately 45 other countries and are offered in over 30 languages, including English, Spanish, Chinese (Traditional and Simplified), Russian, Arabic, Greek, Korean, Polish, Norwegian, Turkish, Danish, Swedish, Dutch, Bahasa, Thai, Portuguese, Japanese, Italian, French, Vietnamese, Hebrew, Suomi, Hungarian, Czech, Slovak, Serbian and German. The Company’s Websites feature approximately 320 million reviews and opinions on over 6.2 million places to stay, places to eat and things to do, including approximately 995,000 hotels and accommodations and 770,000 vacation rentals, 3.8 million restaurants and 625,000 attractions around the world.

More recent Tripadvisor Inc (NASDAQ:TRIP) news were published by: Reuters.com which released: “TripAdvisor revenue misses estimates as referral income falls” on November 08, 2016. Also Marketwatch.com published the news titled: “TripAdvisor’s profit falls, revenue rises” on November 08, 2016. Seekingalpha.com‘s news article titled: “TripAdvisor -14%; Q3 revenue off expectations, EPS meets” with publication date: November 08, 2016 was also an interesting one.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Tags: , ,

Related posts

Leave a Comment