Brown Advisroy Is Buying Liberty TripAdvisor Holdings Inc. (NASDAQ:LTRPA) Shares


The travel space in an interesting one at this time of year. People are all spent out after the holiday season, and are generally in savings mode. Leisure is also down on the back of the bad weather. This, however, can translate to an opportunity to pick up a discount exposure to a depressed stock. Here’s an example of just that.

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Liberty Tripadvisor Holdings Inc. (NASDAQ:LTRPA) reported that Brown Advisory Inc. has picked up 66,165 of common stock as of 2017-01-11.

The acquisition brings the aggregate amount owned by Brown Advisory Inc. to a total of 66,165  representing a 0.09% stake in the company.

For those not familiar with the company, Liberty TripAdvisor Holdings, Inc. (TripCo) is a holding company. The Company, through its ownership of interests in subsidiaries and other companies, is engaged in the online travel research and online commerce industries. TripCo holds the subsidiaries TripAdvisor, Inc. (TripAdvisor) and BuySeasons, Inc., which includes the retail businesses of and Celebrate Express (BuySeasons), both of which operate as standalone operating entities. TripCo’s segments include those consolidated companies that represent 10% or more of its consolidated annual revenue, annual adjusted operating income before depreciation and amortization (Adjusted OIBDA) or total assets and those equity method affiliates whose share of earnings represent 10% or more of TripCo’s annual pre-tax earnings.

A glance at Liberty Tripadvisor Holdings Inc. (NASDAQ:LTRPA)’s key stats reveals a current market capitalization of 1.34 billion based on 72.03 million shares outstanding and a price at last close of $17.40 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2014-12-22, Maffei picked up 1,845,909 at a purchase price of $27.28. This brings their total holding to 2,299,331 as of the date of the filing.

On the sell side, the most recent transaction saw Rosenthaler unload 623 shares at a sale price of $16.16. This brings their total holding to 18,824.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Liberty Tripadvisor Holdings Inc. (NASDAQ:LTRPA) as things move forward to see if its progress aligns with these transactions.

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