Travelzoo (NASDAQ:TZOO - Get Free Report) major shareholder Azzurro Capital Inc sold 25,000 shares of the stock in a transaction dated Monday, March 31st. The stock was sold at an average price of $13.35, for a total transaction of $333,750.00. Following the transaction, the insider now owns 4,297,696 shares in the company, valued at approximately $57,374,241.60. The trade was a 0.58 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Major shareholders that own 10% or more of a company's shares are required to disclose their transactions with the SEC.
Azzurro Capital Inc also recently made the following trade(s):
- On Monday, March 24th, Azzurro Capital Inc sold 32,500 shares of Travelzoo stock. The shares were sold at an average price of $14.33, for a total transaction of $465,725.00.
- On Friday, March 7th, Azzurro Capital Inc sold 40,000 shares of Travelzoo stock. The stock was sold at an average price of $15.26, for a total transaction of $610,400.00.
Travelzoo Stock Performance
Travelzoo stock opened at $13.63 on Tuesday. The stock has a market cap of $153.27 million, a PE ratio of 12.74 and a beta of 1.69. The stock has a 50-day moving average of $17.50 and a two-hundred day moving average of $17.36. Travelzoo has a one year low of $7.12 and a one year high of $24.85.
Travelzoo (NASDAQ:TZOO - Get Free Report) last announced its quarterly earnings data on Wednesday, February 26th. The information services provider reported $0.26 EPS for the quarter, meeting the consensus estimate of $0.26. The firm had revenue of $20.68 million during the quarter, compared to analyst estimates of $22.06 million. Travelzoo had a net margin of 16.67% and a return on equity of 210.54%. During the same period last year, the firm posted $0.23 EPS. As a group, sell-side analysts predict that Travelzoo will post 1.09 EPS for the current fiscal year.
Wall Street Analyst Weigh In
Separately, Barrington Research decreased their price objective on Travelzoo from $25.00 to $17.00 and set an "outperform" rating for the company in a research note on Tuesday, February 25th.
Get Our Latest Stock Analysis on Travelzoo
Institutional Trading of Travelzoo
Several large investors have recently added to or reduced their stakes in the company. Renaissance Technologies LLC raised its position in Travelzoo by 17.9% during the 4th quarter. Renaissance Technologies LLC now owns 710,182 shares of the information services provider's stock worth $14,168,000 after buying an additional 107,681 shares during the last quarter. Truffle Hound Capital LLC purchased a new position in shares of Travelzoo during the fourth quarter worth $3,990,000. Hennion & Walsh Asset Management Inc. lifted its position in Travelzoo by 14.7% during the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 145,837 shares of the information services provider's stock valued at $2,909,000 after purchasing an additional 18,651 shares during the period. O Shaughnessy Asset Management LLC boosted its holdings in Travelzoo by 66.5% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 113,337 shares of the information services provider's stock valued at $2,261,000 after purchasing an additional 45,283 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership acquired a new stake in Travelzoo during the 4th quarter worth about $2,102,000. Hedge funds and other institutional investors own 27.39% of the company's stock.
About Travelzoo
(
Get Free Report)
Travelzoo, together with its subsidiaries, operates as an Internet media company that provides travel, entertainment, and local experiences worldwide. It operates in four segments: Travelzoo North America, Travelzoo Europe, Jack's Flight Club, and New Initiatives. The company offers Travelzoo website, Travelzoo Top 20 email newsletters, Standalone email newsletters, Travelzoo Network, Travelzoo mobile applications, Jack's Flight Club website, Jack's Flight Club mobile applications, and Jack's Flight Club newsletters.
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