Baader Bank Aktiengesellschaft cut its position in shares of Trivago N.V. ADS (NASDAQ:TRVG – Free Report) by 61.8% in the first quarter, HoldingsChannel reports. The firm owned 188,479 shares of the technology company’s stock after selling 305,505 shares during the period. Baader Bank Aktiengesellschaft’s holdings in Trivago N.V. ADS were worth $511,000 as of its most recent SEC filing.
Other hedge funds have also made changes to their positions in the company. Walleye Capital LLC purchased a new position in shares of Trivago N.V. ADS during the second quarter valued at $40,000. Bank of America Corp DE raised 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 valued at $43,000 after acquiring an additional 10,886 shares in the last quarter. Sei Investments Co. purchased a new stake in Trivago N.V. ADS in the third quarter worth about $45,000. Cubist Systematic Strategies LLC purchased a new stake in Trivago N.V. ADS in the first quarter worth about $75,000. Finally, Jump Financial LLC purchased a new stake in Trivago N.V. ADS in the second quarter worth about $94,000. 4.50% of the stock is currently owned by hedge funds and other institutional investors.
Insider Activity at Trivago N.V. ADS
In other Trivago N.V. ADS news, General Counsel Mathias Hansen sold 15,000 shares of the 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 transaction, the general counsel owned 4,911 shares in the company, valued at approximately $16,648.29. This represents a 75.34% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 6.50% of the stock is owned by company insiders.
Trivago N.V. ADS Trading Up 2.4%
Trivago N.V. ADS (NASDAQ:TRVG – Get Free Report) last announced its quarterly earnings results on Tuesday, March 31st. The technology company reported ($0.12) earnings per share (EPS) for the quarter. The firm 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%. On average, research analysts predict that Trivago N.V. ADS will post 0.07 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
Several equities analysts recently issued reports on TRVG shares. Wall Street Zen raised shares of Trivago N.V. ADS to a “hold” rating in a report on Saturday, June 27th. UBS Group lowered their target price on Trivago N.V. ADS from $3.60 to $3.40 and set a “neutral” rating for the company in a report on Monday, April 27th. Weiss Ratings lowered Trivago N.V. ADS from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, May 18th. Finally, BTIG Research reaffirmed a “neutral” rating on shares of Trivago N.V. ADS in a research report on Friday, April 24th. Five analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Reduce” and an average target price of $3.44.
Get Our Latest Stock Report on Trivago N.V. ADS
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 DĂĽsseldorf, 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.
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