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

Travelzoo (NASDAQ:TZOO) CEO Holger Bartel sold 100,000 shares of the stock in a transaction on Wednesday, September 18th. The stock was sold at an average price of $11.44, for a total transaction of $1,144,000.00. Following the sale, the chief executive officer now owns 100,000 shares of the company’s stock, valued at $1,144,000. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

• On Friday, August 16th, Holger Bartel sold 20,000 shares of Travelzoo stock. The stock was 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 stock was 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 stock was sold at an average price of $10.19, for a total transaction of $137,218.54.

Travelzoo Stock Up 0.4 %

NASDAQ:TZOO traded up $0.05 during trading hours on Friday, reaching $14.14. The company had a trading volume of 132,157 shares, compared to its average volume of 104,093. Travelzoo has a twelve month low of $4.77 and a twelve month high of $15.23. The firm has a market cap of $185.21 million, a price-to-earnings ratio of 15.62 and a beta of 1.74. The business’s 50-day simple moving average is $11.18 and its two-hundred day simple moving average is $9.57.

Travelzoo (NASDAQ:TZOO) last released its quarterly earnings data on Thursday, July 25th. The information services provider reported $0.23 earnings per share for the quarter, beating 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 for the quarter, compared to analyst estimates of $21.58 million. During the same period last year, the firm earned $0.17 earnings per share. As a group, equities analysts predict that Travelzoo will post 0.97 earnings per share for the current year.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Jump Financial LLC lifted its position in shares of Travelzoo by 46.4% during the fourth quarter. Jump Financial LLC now owns 30,900 shares of the information services provider’s stock valued at $294,000 after purchasing an additional 9,800 shares in the last quarter. Quadrature Capital Ltd bought a new position in shares of Travelzoo during the fourth quarter valued at about $445,000. Hennion & Walsh Asset Management Inc. bought a new position in shares of Travelzoo during the first quarter valued at about $277,000. Acadian Asset Management LLC lifted its position in shares of Travelzoo by 9.7% during the first quarter. Acadian Asset Management LLC now owns 535,786 shares of the information services provider’s stock valued at $5,451,000 after purchasing an additional 47,352 shares in the last quarter. Finally, O Shaughnessy Asset Management LLC bought a new position in shares of Travelzoo during the first quarter valued at about $132,000. 27.39% of the stock is owned by institutional investors.

Analysts Set New Price Targets

TZOO has been the subject of several recent analyst reports. Barrington Research reiterated an “outperform” rating and set a $12.00 price objective on shares of Travelzoo in a research report on Friday, July 26th. Litchfield Hills Research began coverage on shares of Travelzoo in a report on Wednesday, September 4th. They issued a “buy” rating and a $35.00 price target for the company. Ascendiant Capital Markets raised their price target on shares of Travelzoo from $17.00 to $18.00 and gave the stock a “buy” rating in a report on Monday, August 19th. Finally, StockNews.com cut shares of Travelzoo from a “strong-buy” rating to a “buy” rating in a report on Thursday, September 12th. Four equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $21.67.

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.