Travelzoo (NASDAQ:TZOO) CEO Holger Bartel Sells 100,000 Shares

Travelzoo (NASDAQ:TZOO) CEO Holger Bartel sold 100,000 shares of Travelzoo stock in a transaction on Wednesday, September 18th. The shares were sold at an average price of $11.44, for a total transaction of $1,144,000.00. Following the completion of the sale, the chief executive officer now owns 100,000 shares in the company, valued at $1,144,000. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Holger Bartel also recently made the following trade(s):

• On Friday, August 16th, Holger Bartel sold 20,000 shares of Travelzoo stock. The shares were sold at an average price of $11.91, for a total transaction of $238,200.00.
• On Monday, August 19th, Holger Bartel sold 30,000 shares of Travelzoo stock. The shares were sold at an average price of $12.26, for a total transaction of $367,800.00.
• On Thursday, August 1st, Holger Bartel sold 13,466 shares of Travelzoo stock. The shares were sold at an average price of $10.19, for a total transaction of $137,218.54.

Travelzoo Stock Up 0.4 %

Travelzoo stock opened at $14.14 on Friday. The company’s 50-day moving average price is $11.31 and its 200-day moving average price is $9.61. Travelzoo has a twelve month low of $4.77 and a twelve month high of $15.23. The company has a market cap of $185.21 million, a PE ratio of 15.54 and a beta of 1.74.

Travelzoo (NASDAQ:TZOO) last released its quarterly earnings results on Thursday, July 25th. The information services provider reported $0.23 EPS for the quarter, topping analysts’ consensus estimates of $0.19 by $0.04. Travelzoo had a net margin of 15.59% and a return on equity of 170.06%. The firm had revenue of $21.14 million during the quarter, compared to analysts’ expectations of $21.58 million. During the same period in the previous year, the company earned $0.17 EPS. As a group, sell-side analysts expect that Travelzoo will post 0.97 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Travelzoo

A number of large investors have recently made changes to their positions in TZOO. American Century Companies Inc. purchased a new position in shares of Travelzoo during the 2nd quarter worth about $82,000. Ritholtz Wealth Management purchased a new position in shares of Travelzoo during the 2nd quarter worth about $82,000. Fermata Advisors LLC purchased a new position in shares of Travelzoo during the 2nd quarter worth about $101,000. O Shaughnessy Asset Management LLC purchased a new position in shares of Travelzoo during the 1st quarter worth about $132,000. Finally, Hennion & Walsh Asset Management Inc. purchased a new position in shares of Travelzoo during the 1st quarter worth about $277,000. 27.39% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the stock. Barrington Research reiterated an “outperform” rating and issued a $12.00 price target on shares of Travelzoo in a report on Friday, July 26th. Ascendiant Capital Markets boosted their target price on shares of Travelzoo from $17.00 to $18.00 and gave the stock a “buy” rating in a report on Monday, August 19th. StockNews.com downgraded shares of Travelzoo from a “strong-buy” rating to a “buy” rating in a report on Thursday, September 12th. Finally, Litchfield Hills Research initiated coverage on shares of Travelzoo in a report on Wednesday, September 4th. They issued a “buy” rating and a $35.00 target price on the 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.