Bosun Asset Management LLC Acquires New Holdings in Trivago N.V. ADS $TRVG

Key Points

• Bosun Asset Management LLC acquired 80,000 shares of Trivago N.V. ADS, valued at approximately $328,000, representing about 0.11% of the company's stock.
• Trivago's stocks opened at $3.31 and have a fifty-two week range between $1.60 and $5.83, with a market cap of $232.96 million.
• Wall Street analysts have lowered Trivago's rating from "buy" to "hold", and the stock currently carries a consensus target price of $4.35.

Bosun Asset Management LLC acquired a new stake in shares of Trivago N.V. ADS (NASDAQ:TRVG - Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 80,000 shares of the technology company's stock, valued at approximately $328,000. Bosun Asset Management LLC owned approximately 0.11% of Trivago N.V. ADS as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Cubist Systematic Strategies LLC purchased a new stake in Trivago N.V. ADS in the 1st quarter worth about $75,000. Compagnie Lombard Odier SCmA increased its stake in Trivago N.V. ADS by 150.0% in the 1st quarter. Compagnie Lombard Odier SCmA now owns 150,000 shares of the technology company's stock worth $615,000 after buying an additional 90,000 shares during the period. Finally, Universal Beteiligungs und Servicegesellschaft mbH bought a new position in Trivago N.V. ADS in the 4th quarter worth about $628,000. Institutional investors own 4.50% of the company's stock.

Trivago N.V. ADS Trading Up 1.2%

Shares of NASDAQ TRVG traded up $0.04 during trading hours on Wednesday, reaching $3.27. The stock had a trading volume of 74,662 shares, compared to its average volume of 122,007. The firm has a 50-day moving average of $3.59 and a 200-day moving average of $3.97. The firm has a market cap of $230.07 million, a price-to-earnings ratio of -326.00 and a beta of 1.47. Trivago N.V. ADS has a fifty-two week low of $1.60 and a fifty-two week high of $5.83.

Wall Street Analyst Weigh In

A number of equities analysts have commented on TRVG shares. Wall Street Zen downgraded shares of Trivago N.V. ADS from a "buy" rating to a "hold" rating in a research note on Sunday, August 10th. Susquehanna dropped their target price on shares of Trivago N.V. ADS from $5.50 to $4.00 and set a "neutral" rating on the stock in a research note on Thursday, August 7th. One equities research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, Trivago N.V. ADS currently has an average rating of "Hold" and an average target price of $4.35.

Trivago N.V. ADS Profile

trivago N.V., together with its subsidiaries, operates a hotel and accommodation search platform in the United States, Germany, the United Kingdom, Canada, Japan, and internationally. It offers an online meta-search for hotels and accommodation through online travel agencies, hotel chains, and independent hotels.