Should You Be Concerned About Gruss Capital Selling Off This Stock?

Next up is Liberty Tripadvisor Holdings Inc (NASDAQ:LTRPA), in which Gruss Capital reduced its position by 10% to 3.19 million shares worth $101.3 million. Liberty Tripadvisor Holdings Inc (NASDAQ:LTRPA) is a holding company, with its main assets consisting of its TripAdvisor and BuySeasons subsidiaries. TripAdvisor is an online travel community, while BuySeasons is an online retailer of costumes and party supplies. For the three months ended March 31, Liberty Tripadvisor Holdings Inc (NASDAQ:LTRPA) reported revenue of $374 million, up from $294 million in the same period last year. Shares of the company have risen by 19.92% year-to-date. Another large shareholder of Liberty Tripadvisor Holdings Inc (NASDAQ:LTRPA) is Ken Griffin’s Citadel Investment Group, which holds 3.07 million shares of Liberty Tripadvisor Holdings Inc (NASDAQ:LTRPA) as of March 31.

Finally, we’ll talk about Ally Financial Inc (NYSE:ALLY), an $11.37-billion market cap automotive financial services company. During the first quarter, Gruss Capital upped its position by 12% to 2.90 million shares, valued at $60.8 million. Ally Financial Inc (NYSE:ALLY) posted strong financial results for the first quarter of 2015, with its net income jumping to $576 million, compared to $227 million in the same quarter last year. Other large shareholders of Ally Financial Inc (NYSE:ALLY) include Stephen Feinberg’s Cerberus Capital Management, and Dan Loeb’s Third Point, which own 41.52 million shares and 26.0 million shares, respectively, as of March 31.

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