Trivago N.V. ADS (NASDAQ:TRVG) Sees Large Growth in Short Interest

Key Points

• Short interest more than doubled to 51,105 shares as of July 31, up 109.6% from mid-July, though only 0.1% of shares are sold short and the days-to-cover ratio is 0.8.
• Trivago shares fell 1.5% to $5.10, while the company reported a quarterly loss of $0.06 per share on $192.2 million in revenue. Analysts expect $0.07 in full-year EPS.
• Analysts remain cautious, with one Buy and six Hold ratings, a consensus “Hold” rating, and a $5.57 price target; insiders sold 52,733 shares worth $247,137 during the past quarter.

Trivago N.V. ADS (NASDAQ:TRVG - Get Free Report) was the recipient of a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 51,105 shares, an increase of 109.6% from the July 15th total of 24,381 shares. Based on an average daily trading volume, of 67,660 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.1% of the company's shares are sold short.

Trivago N.V. ADS Trading Down 1.5%

• Trivago NASDAQ: TRVG Stock a Forgotten Travel Recovery Play

Shares of TRVG traded down $0.08 during midday trading on Friday, reaching $5.10. 164,482 shares of the stock were exchanged, compared to its average volume of 82,774. Trivago N.V. ADS has a 52 week low of $2.59 and a 52 week high of $5.91. The company's 50 day moving average is $5.14 and its two-hundred day moving average is $3.75. The company has a market capitalization of $360.16 million, a P/E ratio of 85.00 and a beta of 0.96.

Trivago N.V. ADS (NASDAQ:TRVG - Get Free Report) last announced its quarterly earnings results on Wednesday, July 1st. The technology company reported ($0.06) EPS for the quarter. The firm 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%. On average, sell-side analysts expect that Trivago N.V. ADS will post 0.07 EPS for the current year.

Insider Activity at Trivago N.V. ADS

In related news, General Counsel Mathias Hansen sold 15,000 shares of the firm's stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $3.39, for a total transaction of $50,850.00. Following the completion of the sale, the general counsel directly owned 4,911 shares of the company's stock, valued at approximately $16,648.29. This trade represents a 75.34% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Joana Carena Breidenbach sold 35,000 shares of the business's stock in a transaction 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 transaction, the director owned 16,725 shares of the company's stock, valued at approximately $86,301. The trade was a 67.67% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 52,733 shares of company stock worth $247,137. Company insiders own 6.50% of the company's stock.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Walleye Capital LLC purchased a new stake in shares of Trivago N.V. ADS in the 2nd quarter worth approximately $40,000. Bank of America Corp DE raised its stake in Trivago N.V. ADS by 2,050.1% in the second quarter. Bank of America Corp DE now owns 11,417 shares of the technology company's stock worth $43,000 after buying an additional 10,886 shares in the last quarter. Sei Investments Co. bought a new position in Trivago N.V. ADS in the third quarter worth approximately $45,000. Cubist Systematic Strategies LLC purchased a new stake in Trivago N.V. ADS during the first quarter worth $75,000. Finally, Jump Financial LLC purchased a new stake in Trivago N.V. ADS during the second quarter worth $94,000. Hedge funds and other institutional investors own 4.50% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on TRVG shares. UBS Group upped their price target on shares of Trivago N.V. ADS from $3.40 to $6.00 and gave the stock a "neutral" rating in a report on Thursday, July 30th. Weiss Ratings upgraded shares of Trivago N.V. ADS from a "sell (d+)" rating to a "hold (c-)" rating in a report on Wednesday, August 5th. BTIG Research reissued a "neutral" rating on shares of Trivago N.V. ADS in a research report on Friday, April 24th. Mizuho upped their target price on shares of Trivago N.V. ADS from $3.00 to $5.00 and gave the stock a "neutral" rating in a research note on Tuesday. Finally, Wall Street Zen raised shares of Trivago N.V. ADS to a "hold" rating in a research report on Saturday, June 27th. One investment analyst has rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, Trivago N.V. ADS has a consensus rating of "Hold" and a consensus price target of $5.57.

About Trivago N.V. ADS

Trivago N.V. ADS NASDAQ: TRVG operates as a leading online travel metasearch platform focused on helping consumers compare hotel prices worldwide. Headquartered in Düsseldorf, Germany, the company aggregates accommodation offers from hotel websites, online travel agencies and other booking platforms, enabling travelers to find optimal rates and availability across millions of properties. Its platform is accessible via desktop and mobile applications, offering user-friendly search filters, customer reviews and detailed property information to support informed booking decisions.

The company's primary revenue model centers on cost-per-click (CPC) advertising, where accommodation providers and travel agencies bid for prominent placement in search results.

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.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source