What Did This CEO Just Do with Personal Shares of TripAdvisor Inc (NASDAQ: TRIP)?

By Carrie Williams

Today, the CEO, Viator, Inc. of TripAdvisor Inc (NASDAQ: TRIP), Barrie Seidenberg, sold shares of TRIP for $26.78K.

In addition to Barrie Seidenberg, 8 other TRIP executives reported Sell trades in the last month. Over the last month, Barrie Seidenberg has reported another 4 Sell trades on TRIP for a total of $698.6K.

Based on TripAdvisor Inc’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $316 million and quarterly net profit of $1 million. In comparison, last year the company earned revenue of $309 million and had a net profit of $3 million. The company has a one year high of $71.69 and a one year low of $40.45. TRIP’s market cap is $6.28B and the company has a P/E ratio of 55.19.

10 different firms, including Merrill Lynch and Cowen & Co., currently also have a Sell rating on the stock. Based on 14 analyst ratings, the analyst consensus is Hold with an average price target of $47.10, reflecting a -7.6% downside.

In the last 30 days, insiders have sold $805.1K worth of TRIP shares and purchased $2.29M worth of TRIP shares. The insider sentiment on TripAdvisor Inc has been positive according to 26 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

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TripAdvisor, Inc. owns and operates a portfolio of online travel brands. The company operates its business through two segments: Hotel and Other. The Hotel segment includes revenue generated from services related to hotels, including click-based and display-based advertising revenue from making hotel room nights, airline reservations, and cruise reservations available for price comparison and booking, as well as subscription-based products such as Business Listings, transaction-based products such as Jetsetter and Tingo, and other revenue related to hotels. The Other segment consists of the aggregation of three operating segments, which include its attractions, restaurants and vacation Rentals businesses. TripAdvisor was founded by Langley Steinert & Stephen Kaufer in July 2011 and is headquartered in Needham, MA.