TripAdvisor (TRIP) Receives a Hold from D.A. Davidson

D.A. Davidson analyst Tom White maintained a Hold rating on TripAdvisor (TRIP – Research Report) today and set a price target of $16.25. The company’s shares opened today at $14.32.

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White covers the Technology sector, focusing on stocks such as Trade Desk, Yext, and Lyft. According to TipRanks, White has an average return of 0.6% and a 42.12% success rate on recommended stocks.

TripAdvisor has an analyst consensus of Hold, with a price target consensus of $16.27, implying a 13.62% upside from current levels. In a report released today, Citi also initiated coverage with a Hold rating on the stock with a $16.00 price target.

The company has a one-year high of $18.80 and a one-year low of $10.43. Currently, TripAdvisor has an average volume of 2.93M.

Based on the recent corporate insider activity of 41 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. Earlier this month, Almir Ambeskovic, the CEO, TheFork of TRIP sold 16,643.00 shares for a total of $255,022.18.