Trivago N.V. ADS $TRVG Shares Sold by Baader Bank Aktiengesellschaft

Key Points

• Baader Bank Aktiengesellschaft reduced its stake in Trivago N.V. ADS by 51.3%, now holding 77,920 shares valued at approximately $294,000.
• Trivago's stock performance reflects a market cap of $237.18 million, a 1-year low of $1.60, and a high of $5.83, with its shares currently trading at $3.37.
• Analysts have recently adjusted their ratings, with Susquehanna lowering its target price from $5.50 to $4.00 and a consensus rating of "Hold" with a target price of $4.35.

Baader Bank Aktiengesellschaft decreased its holdings in Trivago N.V. ADS (NASDAQ:TRVG - Free Report) by 51.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 77,920 shares of the technology company's stock after selling 82,080 shares during the period. Baader Bank Aktiengesellschaft owned 0.11% of Trivago N.V. ADS worth $294,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the business. NewEdge Advisors LLC purchased a new position in Trivago N.V. ADS during the 1st quarter valued at $258,000. Bosun Asset Management LLC purchased a new position in Trivago N.V. ADS during the 1st quarter valued at $328,000. Cubist Systematic Strategies LLC purchased a new position in Trivago N.V. ADS during the 1st quarter valued at $75,000. Compagnie Lombard Odier SCmA boosted its holdings in shares of Trivago N.V. ADS by 150.0% during the 1st quarter. Compagnie Lombard Odier SCmA now owns 150,000 shares of the technology company's stock valued at $615,000 after buying an additional 90,000 shares in the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH bought a new position in Trivago N.V. ADS in the 4th quarter worth about $628,000. Hedge funds and other institutional investors own 4.50% of the company's stock.

Trivago N.V. ADS Stock Performance

NASDAQ:TRVG remained flat at $3.57 during trading hours on Tuesday. The company's stock had a trading volume of 8,471 shares, compared to its average volume of 117,514. The business's 50-day moving average price is $3.53 and its 200-day moving average price is $3.92. The firm has a market capitalization of $251.26 million, a P/E ratio of -357.00 and a beta of 1.47. Trivago N.V. ADS has a 12 month low of $1.60 and a 12 month high of $5.83.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the stock. Wall Street Zen lowered shares of Trivago N.V. ADS from a "buy" rating to a "hold" rating in a research report on Sunday, August 10th. Susquehanna reduced their target price on shares of Trivago N.V. ADS from $5.50 to $4.00 and set a "neutral" rating for the company in a report on Thursday, August 7th. One equities research analyst has rated the stock with a Buy rating and three have given a Hold rating to the company's stock. Based on data from MarketBeat, Trivago N.V. ADS has an average rating of "Hold" and an average price target of $4.35.

About Trivago N.V. ADS

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.