Liberty Tripadvisor Holdings Inc. (NASDAQ:LTRPA) is Attracting Smart Money

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In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Liberty Tripadvisor Holdings Inc. (NASDAQ:LTRPA) reported that Jackson Square Partners, Llc. has picked up 7,432,018 of common stock as of 2017-04-06.

The acquisition brings the aggregate amount owned by Jackson Square Partners, Llc. to a total of 7,432,018 representing a 10.31% stake in the company.

For those not familiar with the company, Liberty TripAdvisor Holdings, Inc. is a holding company. Through its interests in subsidiaries and other companies, the Company is primarily engaged in the online travel research and online commerce industries. The Company’s subsidiaries include TripAdvisor, Inc. (TripAdvisor), which owns and operates a portfolio of online travel brands, and BuySeasons, Inc., which owns and operates BuyCostumes.com and the Celebrate Express (BuySeasons) family of Websites. TripAdvisor is a travel site focusing on helping people around the world to plan and book a trip. TripAdvisor manages its business in two segments: Hotel, including click-based advertising, display-based advertising and subscription-based advertising, and Non-Hotel, including its attractions, restaurants and vacation rental businesses. BuySeasons is an online retailer and supplier of costumes, accessories, seasonal decor and party supplies.

A glance at Liberty Tripadvisor Holdings Inc. (NASDAQ:LTRPA)’s key stats reveals a current market capitalization of 1.01 Billion based on 72.07 Million shares outstanding and a price at last close of $13.40 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 Wendling unload 12 shares at a sale price of $15.51. This brings their total holding to 11,011.

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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