Trivago N.V. ADS (NASDAQ:TRVG) Cut to Hold at Zacks Research

Zacks Research cut shares of Trivago N.V. ADS (NASDAQ:TRVG) from a strong-buy rating to a hold rating in a research report released on Monday,Zacks reports.

Several other analysts have also recently commented on TRVG. Susquehanna lifted their target price on shares of Trivago N.V. ADS from $3.25 to $5.50 and gave the stock a “neutral” rating in a research note on Thursday, August 6th. Mizuho increased their price target on Trivago N.V. ADS from $3.00 to $5.00 and gave the stock a “neutral” rating in a research note on Tuesday, August 11th. B. Riley Financial raised their price objective on Trivago N.V. ADS from $6.00 to $8.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. Wall Street Zen raised Trivago N.V. ADS to a “hold” rating in a research report on Saturday, June 27th. Finally, UBS Group lifted their price objective on Trivago N.V. ADS from $3.40 to $6.00 and gave the company a “neutral” rating in a research report on Thursday, July 30th. One investment analyst has rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, Trivago N.V. ADS currently has an average rating of “Hold” and a consensus price target of $5.57.

Trivago N.V. ADS Stock Down 0.9%

NASDAQ:TRVG opened at $4.38 on Monday. The company has a market capitalization of $309.32 million, a PE ratio of 73.00 and a beta of 0.95. Trivago N.V. ADS has a 52-week low of $2.59 and a 52-week high of $6.80. The stock has a fifty day simple moving average of $5.49 and a 200-day simple moving average of $4.47.

Trivago N.V. ADS (NASDAQ:TRVG) last posted its earnings results on Wednesday, July 1st. The technology company reported ($0.06) earnings per share for the quarter. The business had revenue of $192.20 million for the quarter. Trivago N.V. ADS had a net margin of 2.19% and a return on equity of 7.76%. As a group, equities analysts anticipate that Trivago N.V. ADS will post 0.08 earnings per share for the current year.

Insider Activity at Trivago N.V. ADS

In other news, Director Joana Breidenbach sold 35,000 shares of the company’s stock in a transaction dated Monday, August 10th. The stock was sold at an average price of $5.16, for a total value 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 represents a 67.67% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 6.50% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Trivago N.V. ADS

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

Trivago N.V. ADS Company Profile

Trivago N.V. is a global hotel and accommodation metasearch company headquartered in Düsseldorf, Germany. Its websites and mobile applications allow users to search and compare lodging options from a broad range of online travel agencies, hotel chains and independent properties. Trivago helps travelers evaluate accommodations using information such as prices, location, amenities, guest ratings and reviews.

The company generally directs users to hotel and travel-booking providers to complete reservations rather than serving as the primary booking merchant.