Trivago N.V. ADS (NASDAQ:TRVG) Price Target Raised to $6.00

Trivago N.V. ADS (NASDAQ:TRVGFree Report) had its price objective hoisted by UBS Group from $3.40 to $6.00 in a research report released on Thursday,Benzinga reports. UBS Group currently has a neutral rating on the technology company’s stock.

Other equities analysts have also issued reports about the company. Wall Street Zen raised Trivago N.V. ADS to a “hold” rating in a report on Saturday, June 27th. BTIG Research restated a “neutral” rating on shares of Trivago N.V. ADS in a research note on Friday, April 24th. Finally, Weiss Ratings lowered Trivago N.V. ADS from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, May 18th. Five analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Reduce” and an average price target of $4.09.

Check Out Our Latest Analysis on TRVG

Trivago N.V. ADS Stock Down 1.3%

TRVG opened at $5.28 on Thursday. The stock has a market cap of $372.87 million, a price-to-earnings ratio of 105.60 and a beta of 0.94. Trivago N.V. ADS has a twelve month low of $2.59 and a twelve month high of $5.78. The company’s 50-day moving average price is $4.85 and its two-hundred day moving average price is $3.58.

Trivago N.V. ADS (NASDAQ:TRVGGet Free Report) last issued its quarterly earnings results on Tuesday, March 31st. The technology company reported ($0.12) earnings per share (EPS) for the quarter. The company had revenue of $165.40 million for the quarter. Trivago N.V. ADS had a return on equity of 7.39% and a net margin of 2.10%. As a group, sell-side analysts anticipate that Trivago N.V. ADS will post 0.07 earnings per share for the current year.

Insider Activity

In other news, General Counsel Mathias Hansen sold 15,000 shares of the business’s stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $3.39, for a total value of $50,850.00. Following the sale, the general counsel owned 4,911 shares of the company’s stock, valued at $16,648.29. The trade was a 75.34% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 6.50% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of TRVG. Walleye Capital LLC bought a new stake in Trivago N.V. ADS during the 2nd quarter valued at $40,000. Bank of America Corp DE boosted its holdings in shares of 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 acquiring an additional 10,886 shares during the period. Sei Investments Co. bought a new position in shares of Trivago N.V. ADS in the third quarter worth $45,000. Cubist Systematic Strategies LLC purchased a new position in shares of Trivago N.V. ADS in the first quarter valued at $75,000. Finally, Millennium Management LLC grew its position in shares of Trivago N.V. ADS by 44.6% in the fourth quarter. Millennium Management LLC now owns 31,145 shares of the technology company’s stock valued at $90,000 after purchasing an additional 9,603 shares in the last quarter. 4.50% of the stock is currently owned by hedge funds and other institutional investors.

About Trivago N.V. ADS

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Trivago N.V. ADS (NASDAQ:TRVG)

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