Latest news with #activistInvestor
Bloomberg
10-07-2025
- Business
- Bloomberg
Fuji Media Shares Dip After Company Floats Poison Pill Defense
By and Gareth Allan Save Fuji Media Holdings Inc. shares fell 4.2% after the broadcaster said it's considering measures to stop one of Japan's most prominent activist investors from gaining control of the firm. Since February, the Japanese entertainment and news conglomerate held several meetings with activist investor Yoshiaki Murakami and his daughter Aya Nomura, according to a company statement Thursday.
Skift
07-07-2025
- Business
- Skift
What's Next for Tripadvisor Now That it Has an Activist Investor?
An activist investor might be just what Tripadvisor needs now that its corporate structure has changed. Analysts have plenty of ideas on what that investor might advocate for, although so far Starboard Value hasn't publicly discussed a game plan. Sell Viator and/or TheFork? Change Tripadvisor's name to Viator? Repurchase shares? Speed up the monetization of Tripadvisor's user reviews in the AI era? These are among the strategy options that an array of analysts discussed following the news that Starboard Value, an activist investor, took at 9% stake in Tripadvisor. Starboard said in a financial filing that it believes Tripadvisor's shares were undervalued, but it has not stated publicly what, if any, changes it might pressure the company to make in discussions with management. Starboard did not respond to requests for comment. Tripadvisor said in a statement to Skift: "We value constructive engagement with all of our shareholders and appreciate their feedback as we continue to grow our business as the world's most trusted source for travel and experiences. The Tripadvisor Board of Directors and management team are committed to driving long-term value for our shareholders." What Is Viator Worth? In a view backed by several analysts, Morningstar's Dan Wasiolek wrote in an investor note that Starboard could push Tripadvisor to sell its experiences brand, Viator, which generated 46% of Tripadvisor revenue in 2024. V
Yahoo
03-07-2025
- Business
- Yahoo
Starboard Is Betting Big on Tripadvisor Stock. Should You?
Tripadvisor (TRIP) shares closed nearly 17% up on Thursday after Starboard Value announced a $160 million or 9% stake in the global travel platform, which it said was 'undervalued' at current levels. The activist investor hasn't yet disclosed its plans for the firm, but its track record of successfully restructuring consumer-facing companies is already rekindling interest in TRIP shares. Michael Saylor Says 'You'll Wish You'd Bought More' Bitcoin as MicroStrategy Doubles Down Wolfspeed Is Surging After Filing for Bankruptcy. Is It Too Late to Touch WOLF Stock Here? Is Microsoft Stock About to Go Nuclear? Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! Despite today's rally, Tripadvisor stock is down some 6% versus its year-to-date high in February. Starboard's stake could prove meaningfully positive for TRIP shares because the activist investor's standard playbook features pushing for operational improvements, cost discipline, and improved execution. With these initiatives, the activist firm could help Tripadvisor's flagship brand reclaim some of its lost ground in the second half of 2025 – following an 8% decline in revenue last year. Meanwhile, Starboard could accelerate monetization of the company's fast-growing units (Viator and TheFork) to boost shareholder value as well. Simply put, the activist firm's presence could lead to intense scrutiny of Tripadvisor's operations and a push for tangible actions to unlock hidden value in the underperforming travel services firm. In late June, Bernstein analysts also cited 'undervaluation' as they recommended loading up on TRIP stock at current levels. According to the investment firm, the company's recent merger with Liberty Tripadvisor Holding removed a complex dual-share setup – effectively streamlining governance and making the firm more attractive to institutional investors and potential acquirers. The 2024 transaction sparked interest from multiple parties, with some bids reportedly reaching as high as $30 per share. Bernstein reiterated its 'Buy' rating on Tripadvisor shares last week with a price objective of $20 indicating potential upside of another 15% from here. Other Wall Street firms, however, are not nearly as positive on Tripadvisor stock despite perceived undervaluation. According to Barchart, the consensus rating on TRIP shares currently sits at 'Hold' only with the mean target of about $17 indicating potential 'downside' of some 3% from current levels. On the date of publication, Wajeeh Khan did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
03-07-2025
- Business
- Globe and Mail
Why Tripadvisor Stock Is on the Map Today
Key Points Starboard Value just disclosed a 9% stake in Tripadvisor. The stock costs 38 times earnings, but profits are growing quickly, and so is free cash flow. Starboard scored a quick gain on Tripadvisor -- but the stock has even more room to rise. Tripadvisor (NASDAQ: TRIP) stock galloped ahead 18% through 11:05 a.m. ET Thursday after activist investor Starboard Value disclosed that it has taken a 9% stake in the travel advisor. Calling the company "undervalued" (at the time it bought the shares -- we'll have to see if it remains undervalued now that it's up 17%), and "an attractive investment opportunity," Starboard plans to meet with management to discuss ways to improve the stock's price even further. Although I have to say, a 17% one-day prop is already quite an improvement! Momentum investing Tripadvisor's an excellent prospect for the kind of stock that can be moved suddenly by a surprise headline. It was valued at less than $1.8 billion before today's announcement, so it only cost Starboard $160 million to build its 9% stake. After the announcement, the stock has already gained more value than Starboard put into it. Is Tripadvisor a buy? Priced north of $2 billion today, Tripadvisor represents a potentially compelling value proposition. The company's debt load is modest -- only about $105 million. And while the stock costs nearly 38 times trailing earnings, analysts forecast Tripadvisor will also earn nearly $105 million next year, with even stronger free cash flow. Even valued just on the generally accepted accounting principles (GAAP) profit, the stock's forward P/E ratio is only about 20. And next year's earnings are expected to grow 40% compared to this year's. Paying 20 times earnings for a 40% grower? Yeah, that sounds like a pretty "attractive investment opportunity" to me, too. Should you invest $1,000 in Tripadvisor right now? Before you buy stock in Tripadvisor, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Tripadvisor wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $692,914!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $963,866!* Now, it's worth noting Stock Advisor 's total average return is1,050% — a market-crushing outperformance compared to179%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of June 30, 2025
Yahoo
03-07-2025
- Business
- Yahoo
Why Tripadvisor Stock Is on the Map Today
Starboard Value just disclosed a 9% stake in Tripadvisor. The stock costs 38 times earnings, but profits are growing quickly, and so is free cash flow. Starboard scored a quick gain on Tripadvisor -- but the stock has even more room to rise. 10 stocks we like better than Tripadvisor › Tripadvisor (NASDAQ: TRIP) stock galloped ahead 18% through 11:05 a.m. ET Thursday after activist investor Starboard Value disclosed that it has taken a 9% stake in the travel advisor. Calling the company "undervalued" (at the time it bought the shares -- we'll have to see if it remains undervalued now that it's up 17%), and "an attractive investment opportunity," Starboard plans to meet with management to discuss ways to improve the stock's price even further. Although I have to say, a 17% one-day prop is already quite an improvement! Tripadvisor's an excellent prospect for the kind of stock that can be moved suddenly by a surprise headline. It was valued at less than $1.8 billion before today's announcement, so it only cost Starboard $160 million to build its 9% stake. After the announcement, the stock has already gained more value than Starboard put into it. Priced north of $2 billion today, Tripadvisor represents a potentially compelling value proposition. The company's debt load is modest -- only about $105 million. And while the stock costs nearly 38 times trailing earnings, analysts forecast Tripadvisor will also earn nearly $105 million next year, with even stronger free cash flow. Even valued just on the generally accepted accounting principles (GAAP) profit, the stock's forward P/E ratio is only about 20. And next year's earnings are expected to grow 40% compared to this year's. Paying 20 times earnings for a 40% grower? Yeah, that sounds like a pretty "attractive investment opportunity" to me, too. Before you buy stock in Tripadvisor, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Tripadvisor wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $692,914!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $963,866!* Now, it's worth noting Stock Advisor's total average return is 1,050% — a market-crushing outperformance compared to 179% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 30, 2025 Rich Smith has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Tripadvisor. The Motley Fool has a disclosure policy. Why Tripadvisor Stock Is on the Map Today was originally published by The Motley Fool
