What Next for Tripadvisor Inc Stock After Today’s Bearish Options Activity?

 What Next for Tripadvisor Inc Stock After Today's Bearish Options Activity?

In today’s session Tripadvisor Inc (TRIP) recorded an unusually high (600) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the January, 2018 put, expecting serious TRIP decrease. With 600 contracts traded and 2524 open interest for the Jan, 18 contract, it seems this is a quite bearish bet. The option with symbol: TRIP180119P00045000 closed last at: $5.3 or 3.9% up. The stock decreased 1.07% or $0.55 on November 23, hitting $50.79. About 1.06M shares traded hands. Tripadvisor Inc (NASDAQ:TRIP) has declined 19.81% since April 22, 2016 and is downtrending. It has underperformed by 25.22% the S&P500.

Analysts await Tripadvisor Inc (NASDAQ:TRIP) to report earnings on February, 9. They expect $0.18 EPS, down 50.00% or $0.18 from last year’s $0.36 per share. TRIP’s profit will be $26.05M for 70.54 P/E if the $0.18 EPS becomes a reality. After $0.41 actual EPS reported by Tripadvisor Inc for the previous quarter, Wall Street now forecasts -56.10% negative EPS growth.

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. TripAdvisor LLC has been the topic of 32 analyst reports since July 21, 2015 according to StockzIntelligence Inc. Stifel Nicolaus downgraded Tripadvisor Inc (NASDAQ:TRIP) on Monday, February 22 to “Sell” rating. Deutsche Bank maintained the stock with “Buy” rating in Friday, July 24 report. As per Friday, February 12, the company rating was maintained by RBC Capital Markets. Macquarie Research downgraded the shares of TRIP in a report on Tuesday, October 27 to “Neutral” rating. The stock of Tripadvisor Inc (NASDAQ:TRIP) earned “Underperform” rating by Raymond James on Thursday, January 28. The rating was maintained by Deutsche Bank on Thursday, September 17 with “Buy”. As per Friday, August 5, the company rating was downgraded by Deutsche Bank. The stock of Tripadvisor Inc (NASDAQ:TRIP) earned “Neutral” rating by Moffett Nathanson on Tuesday, March 8. The rating was maintained by RBC Capital Markets with “Sector Perform” on Friday, July 24. As per Thursday, September 17, the company rating was maintained by Piper Jaffray.

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 decreased to 1.15 in Q2 2016. Its down 0.21, from 1.36 in 2016Q1. The ratio is negative, 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.
The Connecticut-based Euclid Advsrs Ltd has invested 0.02% in Tripadvisor Inc (NASDAQ:TRIP). Carroll Finance accumulated 380 shares or 0% of the stock. Arizona State Retirement Systems has 0.03% invested in the company for 28,059 shares. Kanaly Tru holds 828 shares or 0.01% of its portfolio. Citadel Advsrs Ltd Liability Com last reported 0% of its portfolio in the stock. Baillie Gifford & Communications owns 12.13 million shares or 1.39% of their US portfolio. Teachers Retirement System Of The State Of Kentucky has 0.06% invested in the company for 72,019 shares. Northern Trust Corp holds 1.25M shares or 0.03% of its portfolio. Daiwa Securities Grp last reported 0% of its portfolio in the stock. The Pennsylvania-based Pnc Group Inc has invested 0% in Tripadvisor Inc (NASDAQ:TRIP). Aqr Cap holds 0.01% of its portfolio in Tripadvisor Inc (NASDAQ:TRIP) for 127,041 shares. Quantum Cap Mngmt Limited Co Nj reported 239,108 shares or 5.04% of all its holdings. The Michigan-based State Treasurer State Of Michigan has invested 0.02% in Tripadvisor Inc (NASDAQ:TRIP). Cibc Asset Mgmt last reported 15,949 shares in the company. Metropolitan Life Co Ny reported 64,191 shares or 0.03% of all its holdings.

Insider Transactions: Since August 9, 2016, the stock had 0 insider buys, and 4 insider sales for $2.20 million net activity. On Thursday, September 22 the insider Seidenberg Barrie sold $259,743. 10,000 Tripadvisor Inc (NASDAQ:TRIP) shares with value of $617,747 were sold by Halpin Dermot. 1,687 shares were sold by Kalvert Seth J, worth $102,064 on Tuesday, September 20.

TripAdvisor, Inc. is an online travel company, which owns and operates a portfolio of online travel brands. The company has a market cap of $7.35 billion. TripAdvisor, the Company’s flagship brand, is a travel Website. It has a 62.78 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.

Another recent and important Tripadvisor Inc (NASDAQ:TRIP) news was published by Fool.com which published an article titled: “Why TripAdvisor Inc. Got Clipped Today” on November 09, 2016.

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