Travelzoo (NASDAQ:TZOO) Major Shareholder Sells $63,650.00 in Stock

Travelzoo (NASDAQ:TZOO) major shareholder Azzurro Capital Inc sold 5,000 shares of the stock in a transaction that occurred on Monday, June 2nd. The stock was sold at an average price of $12.73, for a total value of $63,650.00. Following the completion of the transaction, the insider now directly owns 4,197,696 shares in the company, valued at approximately $53,436,670.08. This trade represents a 0.12% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Large shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

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

• On Friday, May 30th, Azzurro Capital Inc sold 22,500 shares of Travelzoo stock. The stock was sold at an average price of $13.81, for a total value of $310,725.00.
• On Thursday, May 29th, Azzurro Capital Inc sold 18,500 shares of Travelzoo stock. The stock was sold at an average price of $13.41, for a total value of $248,085.00.
• On Wednesday, May 28th, Azzurro Capital Inc sold 2,000 shares of Travelzoo stock. The stock was sold at an average price of $13.54, for a total value of $27,080.00.
• On Thursday, May 15th, Azzurro Capital Inc sold 2,000 shares of Travelzoo stock. The stock was sold at an average price of $13.91, for a total value of $27,820.00.
• On Thursday, May 1st, Azzurro Capital Inc sold 2,500 shares of Travelzoo stock. The stock was sold at an average price of $14.43, for a total value of $36,075.00.
• On Monday, March 31st, Azzurro Capital Inc sold 25,000 shares of Travelzoo stock. The shares were sold at an average price of $13.35, for a total value of $333,750.00.
• On Monday, March 24th, Azzurro Capital Inc sold 32,500 shares of Travelzoo stock. The stock was sold at an average price of $14.33, for a total value 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 value of $610,400.00.

Travelzoo Trading Down 1.3%

Shares of TZOO opened at $13.31 on Thursday. Travelzoo has a 12 month low of $7.12 and a 12 month high of $24.85. The stock has a fifty day moving average price of $13.13 and a 200-day moving average price of $16.80. The firm has a market cap of $147.67 million, a PE ratio of 12.44 and a beta of 1.17.

Travelzoo (NASDAQ:TZOO) last issued its quarterly earnings data on Wednesday, April 30th. The information services provider reported $0.25 EPS for the quarter, missing the consensus estimate of $0.27 by ($0.02). Travelzoo had a net margin of 16.67% and a return on equity of 210.54%. The business had revenue of $23.14 million for the quarter, compared to analysts’ expectations of $22.99 million. As a group, research analysts forecast that Travelzoo will post 1.09 EPS for the current year.

Analyst Upgrades and Downgrades

TZOO has been the subject of several recent research reports. Ascendiant Capital Markets boosted their price target on Travelzoo from $24.00 to $25.00 and gave the stock a “buy” rating in a research report on Friday, May 30th. Noble Financial reissued an “outperform” rating on shares of Travelzoo in a research report on Wednesday, April 30th. Finally, Barrington Research reissued an “outperform” rating and issued a $17.00 price target on shares of Travelzoo in a research report on Tuesday, April 29th. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $25.67.

Institutional Trading of Travelzoo

Hedge funds and other institutional investors have recently made changes to their positions in the business. Ancora Advisors LLC purchased a new stake in shares of Travelzoo during the 4th quarter valued at $30,000. US Bancorp DE purchased a new stake in shares of Travelzoo during the 1st quarter valued at $31,000. Lazard Asset Management LLC purchased a new position in Travelzoo in the 4th quarter worth $87,000. Tower Research Capital LLC TRC raised its stake in Travelzoo by 556.4% in the 4th quarter. Tower Research Capital LLC TRC now owns 5,599 shares of the information services provider’s stock worth $112,000 after acquiring an additional 4,746 shares during the last quarter. Finally, Cubist Systematic Strategies LLC purchased a new position in Travelzoo in the 1st quarter worth $120,000. 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.