Trivago Target of Unusually Large Options Trading (TRVG)

Trivago NV – (NASDAQ:TRVG) saw unusually large options trading activity on Monday. Investors acquired 2,110 put options on the company. This is an increase of 1,022% compared to the average volume of 188 put options.

Institutional investors and hedge funds have recently bought and sold shares of the stock. 683 Capital Management LLC lifted its position in Trivago by 37.5% in the 2nd quarter. 683 Capital Management LLC now owns 5,500,000 shares of the technology company’s stock valued at $24,970,000 after acquiring an additional 1,500,000 shares in the last quarter. Citigroup Inc. lifted its position in Trivago by 357.4% in the 1st quarter. Citigroup Inc. now owns 496,125 shares of the technology company’s stock valued at $3,448,000 after acquiring an additional 387,669 shares in the last quarter. Clear Harbor Asset Management LLC bought a new stake in Trivago in the 2nd quarter valued at $130,000. Atlas Capital Advisors LLC lifted its position in Trivago by 200.0% in the 2nd quarter. Atlas Capital Advisors LLC now owns 30,000 shares of the technology company’s stock valued at $136,000 after acquiring an additional 20,000 shares in the last quarter. Finally, Apertura Capital LLC bought a new stake in Trivago in the 1st quarter valued at $5,462,000. 6.24% of the stock is currently owned by institutional investors and hedge funds.

A number of equities analysts have recently weighed in on TRVG shares. ValuEngine raised shares of Trivago from a “sell” rating to a “hold” rating in a research report on Friday, June 22nd. Zacks Investment Research cut shares of Trivago from a “buy” rating to a “hold” rating in a research report on Saturday, August 4th. Finally, BidaskClub raised shares of Trivago from a “sell” rating to a “hold” rating in a research report on Wednesday, September 19th. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and one has assigned a buy rating to the company’s stock. Trivago presently has a consensus rating of “Hold” and a consensus price target of $8.90.

TRVG opened at $6.02 on Wednesday. The firm has a market capitalization of $2.11 billion, a P/E ratio of -101.33 and a beta of 1.38. Trivago has a 12 month low of $4.01 and a 12 month high of $11.63.

Trivago (NASDAQ:TRVG) last posted its quarterly earnings data on Wednesday, July 25th. The technology company reported ($0.07) EPS for the quarter, meeting the consensus estimate of ($0.07). The business had revenue of $235.00 million for the quarter, compared to analysts’ expectations of $271.68 million. Trivago had a negative net margin of 6.05% and a negative return on equity of 7.00%. The firm’s revenue was down 21.2% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.01) EPS. equities analysts predict that Trivago will post -0.11 earnings per share for the current fiscal year.

Trivago Company Profile

trivago N.V., together with its subsidiaries, operates as a hotel search platform. It offers online meta-search for hotels by facilitating consumers' search for hotel accommodation through online travel agents, hotel chains, and independent hotels. The company provides access to its platform through 55 localized Websites and apps in 33 languages.

See Also: Buyback

Receive News & Ratings for Trivago Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Trivago and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply