Recent insider trends for Liberty TripAdvisor Holdings, Inc. (NASDAQ:LTRPA) have caught the attention of investors. Patters in insider activity can help analysts formulate an outlook for a stock. In the case of LTRPA, the data has a lot to say about how the stock might perform going forward.
Institutions own 90.07% of Liberty TripAdvisor Holdings, Inc. (LTRPA)’s shares. The total value of these holdings, in millions, is $630. Among active positions in the latest quarter, 71 holders increased their positions by a total of 4.8 million shares, 65 holders decreased the positions by a total of 7.98 million shares, and 28 holders held their positions. This works out to a net decrease in ownership of 3.18 million shares, and suggests that institutions are feeling bearish about the stock.
Among new and sold out positions, 24 holders initiated new positions by a total of 1.65 million shares and 22 holders exited their positions by a total of 4.13 million shares. This nets out to a decrease of 2.48 million shares and is another bearish sign for LTRPA.
Insider ownership increased by a total of 0 shares, which suggests that LTRPA’s key executives are feeling more optimistic about the outlook for the stock. The data from the past twelve months tells a different story: insiders executed 1 sells, and ownership decreased by a net of 548 shares.
Comparing the number of shares sold short over time is a method analysts often use to get a reading on investor sentiment. Liberty TripAdvisor Holdings, Inc. (NASDAQ:LTRPA)’s short interest is 1.59 million shares, or 2.21% of the float. This represents a decrease of -10% in the number of shares being shorted compared to the previous reading, and implies that investors felt less pessimistic about the stock during the past two weeks.
Supplementing insider data with technical indicators can help an investor form a more complete view on the outlook for a stock. A composite of 13 technical indicators that includes measures such as moving averages and momentum oscillators suggests that LTRPA is a buy, which implies that LTRPA is expected to outperform the market based on prior trading patterns.
Institutional ownership trends suggest that the stock is cheap and the insider trading data indicates that insiders are bullish. Technical indicators (also) suggest that Liberty TripAdvisor Holdings, Inc. (NASDAQ:LTRPA) is undervalued.