Baader Bank Aktiengesellschaft Sells 125,804 Shares of Trivago N.V. ADS (NASDAQ:TRVG)

Key Points

• Baader Bank Aktiengesellschaft significantly reduced its stake in Trivago N.V. ADS by 44%, now owning about 0.23% of the company worth $656,000 following the sale of 125,804 shares.
• Compagnie Lombard Odier SCmA increased its holdings in Trivago N.V. ADS by 150%, acquiring an additional 90,000 shares to own a total of 150,000 shares valued at $615,000.
• Recent analyst ratings for Trivago reflect a mixed outlook, with Wall Street Zen downgrading the stock to a "hold" while other firms, like B. Riley, upgraded it to "buy" with a target price increase to $5.50.

Baader Bank Aktiengesellschaft trimmed its holdings in shares of Trivago N.V. ADS (NASDAQ:TRVG - Free Report) by 44.0% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 160,000 shares of the technology company's stock after selling 125,804 shares during the quarter. Baader Bank Aktiengesellschaft owned 0.23% of Trivago N.V. ADS worth $656,000 at the end of the most recent quarter.

Separately, Compagnie Lombard Odier SCmA increased its position in Trivago N.V. ADS by 150.0% in the first 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 last quarter. 4.50% of the stock is currently owned by hedge funds and other institutional investors.

Trivago N.V. ADS Price Performance

TRVG stock traded down $0.01 during mid-day trading on Friday, hitting $3.94. 44,889 shares of the stock were exchanged, compared to its average volume of 47,947. The business has a fifty day moving average price of $3.89 and a 200 day moving average price of $3.96. Trivago N.V. ADS has a 12 month low of $1.60 and a 12 month high of $5.83. The stock has a market capitalization of $277.02 million, a price-to-earnings ratio of 56.29 and a beta of 1.44.

Analysts Set New Price Targets

TRVG has been the subject of several recent research reports. Wall Street Zen upgraded Trivago N.V. ADS from a "hold" rating to a "buy" rating in a research report on Saturday. UBS Group lifted their price objective on Trivago N.V. ADS from $3.10 to $3.40 and gave the company a "neutral" rating in a research note on Monday, April 28th. Susquehanna lifted their price objective on Trivago N.V. ADS from $3.50 to $5.50 and gave the company a "neutral" rating in a research note on Monday, May 5th. Finally, B. Riley upgraded shares of Trivago N.V. ADS from a "neutral" rating to a "buy" rating and lifted their target price for the company from $4.00 to $5.50 in a research report on Thursday, May 1st. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $4.73.

Trivago N.V. ADS Company 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.