Travelzoo (NASDAQ:TZOO) General Counsel Sells $176,332.80 in Stock

Travelzoo (NASDAQ:TZOO) General Counsel Christina Sindoni Ciocca sold 12,288 shares of Travelzoo stock in a transaction dated Thursday, September 19th. The shares were sold at an average price of $14.35, for a total value of $176,332.80. Following the transaction, the general counsel now directly owns 44,623 shares of the company’s stock, valued at approximately $640,340.05. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Travelzoo Stock Up 0.4 %

Shares of NASDAQ TZOO traded up $0.05 during mid-day trading on Friday, reaching $14.14. 132,157 shares of the company were exchanged, compared to its average volume of 104,093. Travelzoo has a 52 week low of $4.77 and a 52 week high of $15.23. The company’s 50 day moving average price is $11.18 and its 200 day moving average price is $9.57. The stock has a market capitalization of $185.21 million, a PE ratio of 15.54 and a beta of 1.74.

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

Institutional Investors Weigh In On Travelzoo

A number of hedge funds have recently made changes to their positions in TZOO. Jump Financial LLC grew its holdings in shares of Travelzoo by 46.4% during the 4th 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 during the last quarter. Quadrature Capital Ltd purchased a new stake in Travelzoo during the fourth quarter valued at about $445,000. Hennion & Walsh Asset Management Inc. purchased a new position in shares of Travelzoo in the first quarter worth about $277,000. Acadian Asset Management LLC lifted its stake in shares of Travelzoo by 9.7% in the 1st quarter. Acadian Asset Management LLC now owns 535,786 shares of the information services provider’s stock valued at $5,451,000 after acquiring an additional 47,352 shares during the last quarter. Finally, O Shaughnessy Asset Management LLC purchased a new stake in Travelzoo during the 1st quarter valued at about $132,000. 27.39% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

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

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.