Shares of TripAdvisor (TRIP) Sees Large Inflow of Net Money Flow

TripAdvisor (TRIP) stock had a bullish inflow of $12.6 million worth of trades on uptick and an outflow of $11.75 million in downticks on Friday. The total uptick to downtick ratio stood at 1.07. The net money flow into the stock was $0.85 million. The money flow data, which is calculated as the dollar value of composite uptick minus the downtick trades indicated bullish. The block trades had a total money flow of $0 million. $0 million of block trade during Uptick was observed, which shows continued buying by the smart money on every weakness. However, TripAdvisor (TRIP) stock traded down $0.12 , and reached $61.2, a drop of -0.2% over the previous day. On a weekly basis, the stock is -1.88%, over the previous weeks close.


The company Insiders own 0.98% of TripAdvisor shares according to the proxy statements. Institutional Investors own 88.1% of TripAdvisor shares. During last six month period, the net percent change held by insiders has seen a change of -69.24%.

In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (President, Vacation Rentals) of Tripadvisor, Inc., Halpin Dermot had sold 10,000 shares worth of $617,700 in a transaction dated August 24, 2016. In this transaction, 10,000 shares were sold at $61.77 per share.

TripAdvisor (NASDAQ:TRIP): stock was range-bound between the intraday low of $60.89 and the intraday high of $61.96 after having opened at $61.6 on Fridays session. The stock finally closed in the red at $61.6, a loss of -0.20%. The stock remained in the red for the whole trading day. The total traded volume was 1,035,119 shares. The stock failed to cross $61.96 in Fridays trading. The stocks closing price on Thursday was $61.32.

TripAdvisor (TRIP) has risen sharply, recording gains of 0.64% in the past 4 weeks. However, the stock has corrected -1.88% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 0.77% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.

TripAdvisor, Inc. (TripAdvisor) owns and operates a portfolio of online travel brands. TripAdvisor, the Companys brand, is a travel Website. The Company operates in two segments: Hotel and Other. Its Other segment consists of three operating segments, which include its vacation rentals, restaurants and attractions businesses. The Companys branded Websites include in the United States and localized versions of the TripAdvisor Website in 45 other countries, including China under the brand, and are offered in 28 languages. It features reviews and opinions on accommodations, including hotels and accommodations and vacation rentals, as well as restaurants and attractions in approximately 147,000 destinations throughout the world. In addition to user-generated content, its Websites feature price comparison tools and links to partner Websites, including travel advertisers, where users can book their travel arrangements.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.