Trip.com (TCOM) Experiences Investor Exodus – What's Behind the Sell-Off?

Trip.com stock is trading -7.12% below its average target price of $76.01 after dropping -3.4% during today's morning session. Analysts are giving the Large-Cap Business Services company an average rating of buy and target prices ranging from $51.25673 to $99.58478 per share.

The stock has an average amount of shares sold short at 2.2%, and a short ratio of 2.57. At 0.0%, the company's rate of insider ownership does not indicate that management is heavily invested in the corporation. Finally, we also note that only a small number of institutional investors are invested in the stock, with 43.4% of Trip.com's shares being owned by this investor type.

Institutions Invested in Trip.com

Date Reported Holder Percentage Shares Value
2024-09-30 Capital World Investors 8% 51,890,591 $3,662,956,628
2024-09-30 Morgan Stanley 4% 23,496,211 $1,658,597,448
2024-09-30 FMR, LLC 2% 11,123,783 $785,227,801
2024-09-30 Schroder Investment Management Group 2% 9,983,455 $704,732,051
2024-09-30 Sanders Capital, LLC 1% 9,566,403 $675,292,352
2024-09-30 GQG Partners LLC 1% 8,594,727 $606,701,747
2024-09-30 Capital International Investors 1% 8,025,419 $566,514,297
2024-09-30 FIL LTD 1% 7,768,661 $548,389,751
2024-09-30 ARGA Investment Management, LP 1% 5,899,404 $416,438,906
2024-09-30 Cantillon Capital Management LLC 1% 4,868,383 $343,659,138

Besides an analyst consensus of some upside potential, other market factors point to there being mixed market sentiment on Trip.com.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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