The President of TripAdvisor Inc (NASDAQ: TRIP) is Selling Shares

By Carrie Williams

Today, the President of TripAdvisor Inc (NASDAQ: TRIP), Dermot Halpin, sold shares of TRIP for $1.12M.

In addition to Dermot Halpin, one other TRIP executive reported Sell trades in the last month.

Based on TripAdvisor Inc’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $321 million and GAAP net loss of $84 million. In comparison, last year the company earned revenue of $316 million and had a net profit of $1 million. The company has a one-year high of $50.95 and a one-year low of $29.50. Currently, TripAdvisor Inc has an average volume of 2.76M.

14 different firms, including Merrill Lynch and Cowen & Co., currently also have a Sell rating on the stock. One of the top 25 analysts, according to, recently recommended Hold TRIP with a $40 price target. Based on 10 analyst ratings, the analyst consensus is Hold with an average price target of $40.78, reflecting a 2.1% upside.

In the last 30 days, insiders have sold $1.12M worth of TRIP shares and purchased $1.22M worth of TRIP shares. The insider sentiment on TripAdvisor Inc has been positive according to 33 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

Dermot Halpin’s trades have generated a 9.0% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

TripAdvisor, Inc. owns and operates a portfolio of online travel brands. It operates its business through the Hotel and Non-Hotel segments.