Trivago N.V. ADS (NASDAQ:TRVG) Stock Gets Price Target Reduction from UBS Group

Trivago N.V. ADS (NASDAQ:TRVG) had its price target cut by UBS Group from $6.00 to $4.80 in a research note issued to investors on Tuesday morning,Benzinga reports. They currently have a neutral rating on the technology company’s stock.

Other equities research analysts also recently issued reports about the company. Zacks Research downgraded Trivago N.V. ADS from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 5th. Weiss Ratings upgraded Trivago N.V. ADS from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, August 19th. B. Riley Financial lifted their target price on Trivago N.V. ADS from $6.00 to $8.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. Susquehanna lifted their target price on Trivago N.V. ADS from $3.25 to $5.50 and gave the company a “neutral” rating in a research note on Thursday, August 6th. Finally, Mizuho upped their target price on Trivago N.V. ADS from $3.00 to $5.00 and gave the company a “neutral” rating in a report on Tuesday, August 11th. One research analyst has rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, Trivago N.V. ADS has an average rating of “Hold” and a consensus price target of $5.03.

Trivago N.V. ADS Stock Up 1.7%

TRVG opened at $3.60 on Tuesday. The firm has a market capitalization of $254.23 million, a P/E ratio of 88.50 and a beta of 0.99. The stock has a fifty day moving average of $4.89 and a 200-day moving average of $4.07. Trivago N.V. ADS has a 12-month low of $2.59 and a 12-month high of $6.80.

Trivago N.V. ADS (NASDAQ:TRVG) last issued its quarterly earnings results on Wednesday, July 1st. The technology company reported ($0.06) earnings per share for the quarter. Trivago N.V. ADS had a net margin of 1.19% and a return on equity of 4.71%. The business had revenue of $192.20 million for the quarter. On average, analysts expect that Trivago N.V. ADS will post 0.08 earnings per share for the current fiscal year.

Insider Activity

In other Trivago N.V. ADS news, Director Joana Breidenbach sold 35,000 shares of Trivago N.V. ADS stock in a transaction on Monday, August 10th. The shares were sold at an average price of $5.16, for a total transaction of $180,600.00. Following the completion of the sale, the director owned 16,725 shares of the company’s stock, valued at $86,301. This trade represents a 67.67% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. 6.50% of the stock is owned by company insiders.

Institutional Trading of Trivago N.V. ADS

A hedge fund recently raised its stake in Trivago N.V. ADS stock. Sei Investments Co. increased its position in shares of Trivago N.V. ADS (NASDAQ:TRVG) by 294.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 53,707 shares of the technology company’s stock after acquiring an additional 40,080 shares during the period. Sei Investments Co. owned about 0.08% of Trivago N.V. ADS worth $146,000 as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds own 4.50% of the company’s stock.

Trivago N.V. ADS Company Profile

Trivago N.V. operates a global hotel and accommodation metasearch platform. Through its website and mobile applications, the company enables travelers to compare prices, locations, ratings, amenities and other details for hotels and alternative accommodations listed across online booking sites and other travel providers.

Trivago generally does not provide the underlying lodging itself. Instead, it directs users to partner websites to complete reservations and generates revenue primarily through referral and advertising arrangements.