Insider Selling: Travelzoo (NASDAQ:TZOO) Major Shareholder Sells 5,000 Shares of Stock

Travelzoo (NASDAQ:TZOO) major shareholder Azzurro Capital Inc sold 5,000 shares of Travelzoo stock in a transaction on Thursday, June 13th. The stock was sold at an average price of $7.82, for a total value of $39,100.00. Following the sale, the insider now owns 5,114,871 shares of the company’s stock, valued at $39,998,291.22. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Major shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Azzurro Capital Inc also recently made the following trade(s):

• On Thursday, May 30th, Azzurro Capital Inc sold 17,500 shares of Travelzoo stock. The stock was sold at an average price of $7.71, for a total transaction of $134,925.00.
• On Monday, May 20th, Azzurro Capital Inc sold 20,000 shares of Travelzoo stock. The stock was sold at an average price of $8.51, for a total transaction of $170,200.00.
• On Wednesday, March 20th, Azzurro Capital Inc sold 43,431 shares of Travelzoo stock. The shares were sold at an average price of $10.58, for a total transaction of $459,499.98.

Travelzoo Stock Up 1.5 %

TZOO stock traded up $0.12 during trading on Monday, hitting $7.88. 63,331 shares of the company’s stock traded hands, compared to its average volume of 99,864. The firm has a market capitalization of $103.23 million, a P/E ratio of 8.66 and a beta of 1.68. Travelzoo has a 1 year low of $4.77 and a 1 year high of $11.23. The business has a fifty day simple moving average of $8.48 and a two-hundred day simple moving average of $9.10.

Travelzoo (NASDAQ:TZOO) last announced its quarterly earnings results on Wednesday, April 24th. The information services provider reported $0.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.29 by $0.02. The business had revenue of $21.99 million for the quarter, compared to the consensus estimate of $23.72 million. Travelzoo had a return on equity of 140.63% and a net margin of 15.24%. On average, equities research analysts predict that Travelzoo will post 0.92 EPS for the current fiscal year.

Analyst Ratings Changes

TZOO has been the subject of several research reports. StockNews.com upgraded Travelzoo from a “buy” rating to a “strong-buy” rating in a report on Wednesday, June 5th. Barrington Research decreased their price objective on Travelzoo from $14.00 to $12.00 and set an “outperform” rating for the company in a report on Wednesday, April 24th.

Hedge Funds Weigh In On Travelzoo

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Connor Clark & Lunn Investment Management Ltd. bought a new stake in shares of Travelzoo in the 3rd quarter valued at about $82,000. O Shaughnessy Asset Management LLC bought a new position in shares of Travelzoo during the 1st quarter worth approximately $132,000. Hillsdale Investment Management Inc. purchased a new stake in Travelzoo during the fourth quarter valued at approximately $171,000. Janiczek Wealth Management LLC acquired a new stake in Travelzoo in the fourth quarter valued at approximately $275,000. Finally, Hennion & Walsh Asset Management Inc. purchased a new position in Travelzoo in the first quarter worth $277,000. Hedge funds and other institutional investors own 27.39% of the company’s stock.

Travelzoo Company Profile

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.