Trivago N.V. ADS (NASDAQ:TRVG) Stock Rating Upgraded by Zacks Research

Key Points

• Zacks Research upgraded Trivago from “hold” to “strong buy,” while other analysts raised price targets to between $5.00 and $8.00. Despite this, the overall consensus remains “hold,” with an average price target of $5.57.
• Trivago shares opened at $5.41, near their 52-week high of $5.91, with a market capitalization of approximately $382 million. The company reported quarterly revenue of $192.2 million and a loss of $0.06 per share.
• Insiders sold 52,733 shares worth approximately $247,137 over the past 90 days, while institutional and hedge-fund ownership remains relatively low at 4.5%.

Trivago N.V. ADS (NASDAQ:TRVG - Get Free Report) was upgraded by stock analysts at Zacks Research from a "hold" rating to a "strong-buy" rating in a report issued on Thursday,Zacks.com reports.

• Trivago NASDAQ: TRVG Stock a Forgotten Travel Recovery Play

A number of other research analysts also recently issued reports on TRVG. B. Riley Financial lifted their price target on Trivago N.V. ADS from $6.00 to $8.00 and gave the company a "buy" rating in a report on Thursday, August 6th. Weiss Ratings upgraded Trivago N.V. ADS from a "hold (c-)" rating to a "hold (c)" rating in a research note on Wednesday. Mizuho raised their price objective on Trivago N.V. ADS from $3.00 to $5.00 and gave the company a "neutral" rating in a research report on Tuesday, August 11th. Susquehanna lifted their target price on Trivago N.V. ADS from $3.25 to $5.50 and gave the company a "neutral" rating in a research note on Thursday, August 6th. Finally, UBS Group boosted their target price 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. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $5.57.

Trivago N.V. ADS Stock Performance

Shares of TRVG opened at $5.41 on Thursday. The company has a 50 day moving average price of $5.20 and a 200-day moving average price of $3.83. Trivago N.V. ADS has a fifty-two week low of $2.59 and a fifty-two week high of $5.91. The stock has a market capitalization of $382.05 million, a PE ratio of 90.17 and a beta of 0.96.

Trivago N.V. ADS (NASDAQ:TRVG - Get Free Report) last issued its quarterly earnings data on Wednesday, July 1st. The technology company reported ($0.06) earnings per share (EPS) for the quarter. The business 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%. Equities research analysts forecast that Trivago N.V. ADS will post 0.08 EPS for the current year.

Insider Buying and Selling at Trivago N.V. ADS

In other news, Director Joana Carena Breidenbach sold 35,000 shares of the stock in a transaction on Monday, August 10th. The stock was sold at an average price of $5.16, for a total transaction of $180,600.00. Following the completion of the sale, the director owned 16,725 shares in the company, valued at approximately $86,301. This represents a 67.67% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, General Counsel Mathias Hansen sold 15,000 shares of the firm's stock in a transaction on Monday, June 1st. The stock was sold at an average price of $3.39, for a total value 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 $16,648.29. The trade was a 75.34% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 52,733 shares of company stock worth $247,137 over the last ninety days. Corporate insiders own 6.50% of the company's stock.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in TRVG. Walleye Capital LLC purchased a new stake in Trivago N.V. ADS in the second quarter valued at about $40,000. Bank of America Corp DE grew its stake in shares of Trivago N.V. ADS by 2,050.1% during the second quarter. Bank of America Corp DE now owns 11,417 shares of the technology company's stock worth $43,000 after acquiring an additional 10,886 shares during the last quarter. Sei Investments Co. acquired a new position in shares of Trivago N.V. ADS during the third quarter valued at about $45,000. Cubist Systematic Strategies LLC acquired a new position in shares of Trivago N.V. ADS during the first quarter valued at about $75,000. Finally, Millennium Management LLC increased its holdings in shares of Trivago N.V. ADS by 44.6% during the fourth quarter. Millennium Management LLC now owns 31,145 shares of the technology company's stock valued at $90,000 after acquiring an additional 9,603 shares in the last quarter. 4.50% of the stock is owned by institutional investors and hedge funds.

Trivago N.V. ADS Company Profile

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