As Tripadvisor INC (TRIP) Share Price Declined, Shareholder Srs Investment Management LLC Boosted Its Position

February 22, 2018 - By Marguerite Chambers

Investors sentiment increased to 0.94 in 2017 Q3. Its up 0.15, from 0.79 in 2017Q2. It is positive, as 37 investors sold TRIP shares while 108 reduced holdings. 52 funds opened positions while 84 raised stakes. 120.15 million shares or 5.11% more from 114.31 million shares in 2017Q2 were reported. Advantus Mgmt holds 10,676 shares or 0.01% of its portfolio. Daiwa Secs Grp Incorporated reported 46,906 shares or 0.01% of all its holdings. Northwestern Mutual Wealth Management Co accumulated 0% or 796 shares. Fmr Lc stated it has 884,440 shares. Shell Asset Company holds 17,730 shares or 0.03% of its portfolio. Ahl Partners Limited Liability Partnership, United Kingdom-based fund reported 8,630 shares. Js Capital Mgmt Limited Liability Corp, a New York-based fund reported 42,000 shares. Chevy Chase invested 0.02% of its portfolio in TripAdvisor, Inc. (NASDAQ:TRIP). The Massachusetts-based Westfield Mgmt Comm Limited Partnership has invested 0% in TripAdvisor, Inc. (NASDAQ:TRIP). Moreover, Ubs Asset Management Americas has 0.01% invested in TripAdvisor, Inc. (NASDAQ:TRIP). Asset Mngmt reported 9,948 shares or 0.01% of all its holdings. National Bank Of New York Mellon Corporation holds 0.05% or 4.62 million shares in its portfolio. State Treasurer State Of Michigan invested in 32,854 shares. Invesco Limited accumulated 520,771 shares or 0.01% of the stock. Cwh Capital owns 94,175 shares or 1.87% of their US portfolio.

Since December 18, 2017, it had 0 insider purchases, and 2 sales for $390,217 activity. Nishar Dipchand had sold 346 shares worth $11,937.

Karthik Sarma increased its stake in Tripadvisor Inc (TRIP) by 7.36% based on its latest 2017Q3 regulatory filing with the SEC. Srs Investment Management Llc bought 446,137 shares as the company’s stock declined 6.33% while stock markets rallied. The hedge fund run by Karthik Sarma held 6.51M shares of the technology company at the end of 2017Q3, valued at $263.80 million, up from 6.06M at the end of the previous reported quarter. Srs Investment Management Llc who had been investing in Tripadvisor Inc for a number of months, seems to be bullish on the $5.78 billion market cap company. The stock decreased 1.70% or $0.72 during the last trading session, reaching $41.65. About 2.42M shares traded. TripAdvisor, Inc. (NASDAQ:TRIP) has declined 30.31% since February 22, 2017 and is downtrending. It has underperformed by 47.01% the S&P500.

Srs Investment Management Llc, which manages about $3.65B and $4.85 billion US Long portfolio, decreased its stake in Ehi Car Svcs Ltd by 2.07M shares to 2.10M shares, valued at $20.55M in 2017Q3, according to the filing.

More notable recent TripAdvisor, Inc. (NASDAQ:TRIP) news were published by: Bloomberg.com which released: “TripAdvisor Outperformed While the Market Sank” on February 06, 2018, also Investorplace.com with their article: “Tripadvisor Inc Stock Is Just Not a Long Term Play” published on February 20, 2018, Fool.com published: “Why TripAdvisor Inc Stock Popped Today” on February 15, 2018. More interesting news about TripAdvisor, Inc. (NASDAQ:TRIP) were released by: Seekingalpha.com and their article: “TripAdvisor soars after earnings” published on February 14, 2018 as well as Benzinga.com‘s news article titled: “TripAdvisor Q4 Earnings Preview” with publication date: February 14, 2018.

TripAdvisor, Inc. (NASDAQ:TRIP) Ratings Coverage

Among 30 analysts covering TripAdvisor LLC (NASDAQ:TRIP), 0 have Buy rating, 7 Sell and 23 Hold. Therefore 0 are positive. TripAdvisor LLC had 84 analyst reports since July 21, 2015 according to SRatingsIntel. Needham downgraded TripAdvisor, Inc. (NASDAQ:TRIP) on Tuesday, February 28 to “Underperform” rating. The stock of TripAdvisor, Inc. (NASDAQ:TRIP) earned “Sector Perform” rating by RBC Capital Markets on Friday, November 6. The firm earned “Hold” rating on Monday, October 23 by Stifel Nicolaus. The rating was maintained by RBC Capital Markets on Friday, February 12 with “Sector Perform”. The firm has “Hold” rating given on Thursday, September 28 by Piper Jaffray. UBS maintained the shares of TRIP in report on Wednesday, November 8 with “Neutral” rating. The firm has “Hold” rating given on Wednesday, August 9 by Raymond James. The stock has “Underperform” rating by CLSA on Thursday, December 8. The stock of TripAdvisor, Inc. (NASDAQ:TRIP) earned “Neutral” rating by UBS on Friday, November 6. RBC Capital Markets maintained TripAdvisor, Inc. (NASDAQ:TRIP) rating on Monday, August 7. RBC Capital Markets has “Hold” rating and $4700 target.

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