Today, the President of TripAdvisor Inc (TRIP), Dermot Halpin, bought shares of TRIP for $1.11M.
Following this transaction Dermot Halpin’s holding in the company was increased by 773.74% to a total of $648.1K. Following Dermot Halpin’s last TRIP Buy transaction on August 09, 2018, the stock climbed by 1.8%.
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Based on TripAdvisor Inc’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $346 million and quarterly net profit of $7 million. In comparison, last year the company earned revenue of $321 million and had a GAAP net loss of $84 million. TRIP’s market cap is $7.83B and the company has a P/E ratio of 70.49. Currently, TripAdvisor Inc has an average volume of 2.62M.
Based on 11 analyst ratings, the analyst consensus is Moderate Sell with an average price target of $55.67, reflecting a -1.3% downside.
In the last 30 days, insiders have sold $1.35M worth of TRIP shares and purchased $2.45M worth of TRIP shares.
Dermot Halpin’s trades have generated a 7.5% 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.
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TripAdvisor, Inc. is an online travel company, which owns and operates a portfolio of online travel brands. It operates its business through the Hotel and Non-Hotel segments.
