Trivago N.V. ADS (NASDAQ:TRVG) Trading Down 0.3% - Should You Sell?

Key Points

• Trivago N.V. ADS (NASDAQ: TRVG) shares fell by 0.3% to trade at around $3.02, with a significant decline in trading volume by 48% compared to the average daily volume.
• Several analysts have downgraded Trivago's stock, with Susquehanna lowering its price target from $5.50 to $4.00 and reaffirming a "neutral" rating, while Weiss Ratings issued a "sell" rating.
• Institutional investors have increased their holdings in Trivago, with Bank of America growing its position by a remarkable 2,050.1%, now holding 11,417 shares valued at $43,000.

Shares of Trivago N.V. ADS (NASDAQ:TRVG - Get Free Report) were down 0.3% during mid-day trading on Wednesday . The stock traded as low as $2.99 and last traded at $3.02. Approximately 15,314 shares traded hands during mid-day trading, a decline of 48% from the average daily volume of 29,368 shares. The stock had previously closed at $3.03.

Analysts Set New Price Targets

A number of research analysts have weighed in on TRVG shares. Susquehanna cut their price target 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. Wall Street Zen cut Trivago N.V. ADS from a "buy" rating to a "hold" rating in a research report on Sunday, August 10th. Mizuho assumed coverage on Trivago N.V. ADS in a research report on Tuesday, September 30th. They issued a "neutral" rating and a $3.50 target price on the stock. Finally, Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Trivago N.V. ADS in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $4.18.

Trivago N.V. ADS Price Performance

The firm has a market cap of $212.55 million, a price-to-earnings ratio of -302.00 and a beta of 1.42. The business has a 50-day moving average of $3.27 and a 200-day moving average of $3.73.

Institutional Investors Weigh In On Trivago N.V. ADS

Large investors have recently made changes to their positions in the stock. Walleye Capital LLC bought a new position in shares of Trivago N.V. ADS in the second quarter valued at $40,000. Bank of America Corp DE grew its position in shares of Trivago N.V. ADS by 2,050.1% in the 2nd quarter. Bank of America Corp DE now owns 11,417 shares of the technology company's stock valued at $43,000 after acquiring an additional 10,886 shares during the period. Cubist Systematic Strategies LLC acquired a new position in shares of Trivago N.V. ADS during the 1st quarter worth about $75,000. Quadrature Capital Ltd bought a new stake in shares of Trivago N.V. ADS in the 2nd quarter valued at about $73,000. Finally, Jump Financial LLC bought a new stake in shares of Trivago N.V. ADS in the 2nd quarter valued at about $94,000. Institutional investors and hedge funds own 4.50% of the company's stock.

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.

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