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TripAdvisor (TRIP) Gets a Sell from Barclays

Tipranks - Thu Jan 22, 1:36AM CST

Barclays analyst Trevor Young maintained a Sell rating on TripAdvisor today and set a price target of $13.00.

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Young covers the Consumer Cyclical sector, focusing on stocks such as Expedia, Booking Holdings, and TripAdvisor. According to TipRanks, Young has an average return of -0.7% and a 51.44% success rate on recommended stocks.

In addition to Barclays, TripAdvisor also received a Sell from Cantor Fitzgerald’s Deepak Mathivanan in a report issued on January 8. However, on January 19, TipRanks – xAI reiterated a Hold rating on TripAdvisor (NASDAQ: TRIP).

Based on TripAdvisor’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $553 million and a net profit of $53 million. In comparison, last year the company earned a revenue of $532 million and had a net profit of $39 million

Based on the recent corporate insider activity of 57 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of TRIP in relation to earlier this year. Last month, Kristen Ann Dalton, the President of TRIP sold 18,000.00 shares for a total of $269,640.00.

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