Travelzoo (NASDAQ:TZOO) Major Shareholder Azzurro Capital Inc Sells 25,000 Shares of Stock

Travelzoo (NASDAQ:TZOO) major shareholder Azzurro Capital Inc sold 25,000 shares of the stock in a transaction on Tuesday, June 25th. The shares were sold at an average price of $7.80, for a total value of $195,000.00. Following the sale, the insider now owns 5,089,871 shares in the company, valued at $39,700,993.80. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 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 Thursday, June 27th, Azzurro Capital Inc sold 15,000 shares of Travelzoo stock. The shares were sold at an average price of $7.60, for a total value of $114,000.00.
• On Thursday, June 13th, Azzurro Capital Inc sold 5,000 shares of Travelzoo stock. The shares were sold at an average price of $7.82, for a total value of $39,100.00.
• 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 value 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 value of $170,200.00.

Travelzoo Stock Performance

NASDAQ TZOO opened at $7.54 on Friday. The company has a market capitalization of $98.77 million, a PE ratio of 8.29 and a beta of 1.68. The business’s fifty day moving average is $8.21 and its 200 day moving average is $8.98. Travelzoo has a fifty-two week low of $4.77 and a fifty-two week high of $11.23.

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

Analyst Upgrades and Downgrades

TZOO has been the subject of several research analyst reports. StockNews.com raised Travelzoo from a “buy” rating to a “strong-buy” rating in a report on Thursday. Barrington Research cut 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.

Institutional Investors Weigh In On Travelzoo

Several large investors have recently added to or reduced their stakes in the stock. Connor Clark & Lunn Investment Management Ltd. bought a new position in shares of Travelzoo during the third quarter valued at approximately $82,000. O Shaughnessy Asset Management LLC bought a new position in shares of Travelzoo during the first quarter valued at approximately $132,000. Hillsdale Investment Management Inc. bought a new position in shares of Travelzoo during the fourth quarter valued at approximately $171,000. Janiczek Wealth Management LLC bought a new position in shares of Travelzoo during the fourth quarter valued at approximately $275,000. Finally, Hennion & Walsh Asset Management Inc. bought a new position in shares of Travelzoo during the first quarter valued at approximately $277,000. 27.39% of the stock is owned by institutional investors.

About Travelzoo

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.