First Eagle Investment Management LLC Invests $559,000 in Trivago N.V. ADS $TRVG

First Eagle Investment Management LLC purchased a new stake in Trivago N.V. ADS (NASDAQ:TRVGFree Report) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 167,619 shares of the technology company’s stock, valued at approximately $559,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of TRVG. Walleye Capital LLC purchased a new position in Trivago N.V. ADS during the 2nd quarter worth $40,000. Bank of America Corp DE increased 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 valued at $43,000 after buying an additional 10,886 shares during the period. Quadrature Capital Ltd purchased a new stake in Trivago N.V. ADS in the second quarter worth about $73,000. Cubist Systematic Strategies LLC bought a new position in Trivago N.V. ADS during the 1st quarter worth about $75,000. Finally, Jump Financial LLC bought a new position in Trivago N.V. ADS during the 2nd quarter worth about $94,000. Institutional investors own 4.50% of the company’s stock.

Trivago N.V. ADS Stock Up 1.4%

NASDAQ TRVG opened at $3.00 on Friday. Trivago N.V. ADS has a 52 week low of $2.71 and a 52 week high of $5.83. The company has a 50 day moving average price of $2.89 and a 200 day moving average price of $3.05. The firm has a market cap of $211.86 million, a PE ratio of 60.00 and a beta of 0.84.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the stock. Mizuho reduced their price target on shares of Trivago N.V. ADS from $3.50 to $3.00 and set a “neutral” rating for the company in a report on Wednesday, November 12th. Weiss Ratings reissued a “sell (d-)” rating on shares of Trivago N.V. ADS in a research note on Monday, December 29th. Citigroup dropped their target price on Trivago N.V. ADS from $3.80 to $3.35 and set a “neutral” rating on the stock in a research report on Tuesday, November 18th. Finally, UBS Group cut their price target on Trivago N.V. ADS from $4.00 to $3.50 and set a “neutral” rating on the stock in a report on Tuesday, February 3rd. One equities research analyst has rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Trivago N.V. ADS presently has a consensus rating of “Hold” and an average price target of $3.87.

Get Our Latest Analysis on TRVG

About Trivago N.V. ADS

(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

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Institutional Ownership by Quarter for Trivago N.V. ADS (NASDAQ:TRVG)

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