Trivago (NASDAQ:TRVG) released its earnings results on Wednesday. The technology company reported ($0.03) EPS for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.01), Morningstar.com reports. The firm had revenue of $181.54 million during the quarter, compared to analysts’ expectations of $183.13 million. The company’s revenue was up 7.3% on a year-over-year basis.
Shares of Trivago (NASDAQ TRVG) opened at $8.31 on Thursday. The firm has a market capitalization of $2,910.00 and a price-to-earnings ratio of -831.00. Trivago has a twelve month low of $6.45 and a twelve month high of $24.27.
A number of institutional investors have recently bought and sold shares of the business. Artisan Partners Limited Partnership purchased a new stake in Trivago during the third quarter worth $6,954,000. TCW Group Inc. lifted its holdings in Trivago by 1.5% during the third quarter. TCW Group Inc. now owns 468,000 shares of the technology company’s stock worth $5,078,000 after buying an additional 7,042 shares during the period. Granahan Investment Management Inc. MA lifted its holdings in Trivago by 13.3% during the third quarter. Granahan Investment Management Inc. MA now owns 339,322 shares of the technology company’s stock worth $3,682,000 after buying an additional 39,882 shares during the period. Penserra Capital Management LLC lifted its holdings in Trivago by 262.1% during the fourth quarter. Penserra Capital Management LLC now owns 277,831 shares of the technology company’s stock worth $1,900,000 after buying an additional 201,096 shares during the period. Finally, Lord Abbett & CO. LLC purchased a new stake in Trivago during the second quarter worth $4,243,000. Institutional investors own 7.98% of the company’s stock.
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Trivago NV is a company based in the Netherlands that operates an online hotel search platform. The platform allows users to search for, compare and book hotels. It gathers information from various third parties’ platforms and provides information about the hotel, pictures, ratings, reviews and filters, such as price, location and extra options.
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