Trivago N.V. ADS (NASDAQ:TRVG) Stock Price Target Cut by Susquehanna

Key Points

• Susquehanna cut Trivago’s price target from $5.50 to $4.00 and maintained a neutral rating; the new target implies about 13% upside from the share price at the time of the report.
• Analyst sentiment is mostly cautious: one analyst rates the stock Buy and six rate it Hold, with an average target price of $5.03.
• Trivago shares opened at $3.54, while director Joana Breidenbach disclosed selling 35,000 shares at an average price of $5.16.

Trivago N.V. ADS (NASDAQ:TRVG - Get Free Report) had its price target reduced by research analysts at Susquehanna from $5.50 to $4.00 in a report issued on Thursday, Benzinga reports. The brokerage presently has a "neutral" rating on the technology company's stock. Susquehanna's price objective would indicate a potential upside of 12.99% from the company's current price.

• Trivago NASDAQ: TRVG Stock a Forgotten Travel Recovery Play

Other equities research analysts have also issued research reports about the stock. Weiss Ratings raised shares of Trivago N.V. ADS from a "hold (c-)" rating to a "hold (c)" rating in a research note on Wednesday, August 19th. Zacks Research downgraded shares of Trivago N.V. ADS from a "strong-buy" rating to a "hold" rating in a research note on Monday, October 5th. UBS Group decreased their target price on shares of Trivago N.V. ADS from $6.00 to $4.80 and set a "neutral" rating for the company in a research note on Tuesday. Mizuho lifted their target price on shares of Trivago N.V. ADS from $3.00 to $5.00 and gave the company a "neutral" rating in a report on Tuesday, August 11th. Finally, B. Riley Financial boosted their price target on Trivago N.V. ADS from $6.00 to $8.00 and gave the stock a "buy" rating in a research report on Thursday, August 6th. One research analyst has rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $5.03.

Trivago N.V. ADS Trading Up 0.6%

Shares of Trivago N.V. ADS stock opened at $3.54 on Thursday. The firm has a market capitalization of $249.99 million, a P/E ratio of 118.00 and a beta of 0.99. The business has a fifty day simple moving average of $4.93 and a two-hundred day simple 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 - Get Free Report) last announced its earnings results on Wednesday, July 1st. The technology company reported ($0.06) EPS for the quarter. The business had revenue of $192.20 million for the quarter. Trivago N.V. ADS had a net margin of 1.19% and a return on equity of 4.73%. Analysts predict that Trivago N.V. ADS will post 0.08 earnings per share for the current year.

Insider Activity

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

Institutional Inflows and Outflows

An institutional investor recently raised its stake in Trivago N.V. ADS stock. Sei Investments Co. increased its stake in Trivago N.V. ADS (NASDAQ:TRVG - Free Report) by 294.1% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 53,707 shares of the technology company's stock after purchasing an additional 40,080 shares during the quarter. Sei Investments Co. owned 0.08% of Trivago N.V. ADS worth $146,000 at the end of the most recent quarter. 4.50% of the stock is owned by hedge funds and other institutional investors.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.