Azzurro Capital Inc Sells 15,000 Shares of Travelzoo (NASDAQ:TZOO) Stock

Travelzoo (NASDAQ:TZOO) major shareholder Azzurro Capital Inc sold 15,000 shares of the firm’s stock in a transaction dated Wednesday, September 18th. The stock was sold at an average price of $14.72, for a total transaction of $220,800.00. Following the completion of the sale, the insider now owns 4,960,196 shares of the company’s stock, valued at $73,014,085.12. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Large shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

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

• On Thursday, August 8th, Azzurro Capital Inc sold 15,000 shares of Travelzoo stock. The stock was sold at an average price of $10.50, for a total value of $157,500.00.
• On Tuesday, August 6th, Azzurro Capital Inc sold 3,500 shares of Travelzoo stock. The shares were sold at an average price of $9.32, for a total value of $32,620.00.
• On Tuesday, July 30th, Azzurro Capital Inc sold 22,500 shares of Travelzoo stock. The stock was sold at an average price of $10.16, for a total value of $228,600.00.
• 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 Tuesday, June 25th, Azzurro Capital Inc sold 25,000 shares of Travelzoo stock. The stock was sold at an average price of $7.80, for a total transaction of $195,000.00.

Travelzoo Trading Up 0.4 %

NASDAQ:TZOO traded up $0.05 on Friday, reaching $14.14. 132,157 shares of the stock traded hands, compared to its average volume of 104,093. The company has a market capitalization of $185.21 million, a price-to-earnings ratio of 15.54 and a beta of 1.74. Travelzoo has a 12 month low of $4.77 and a 12 month high of $15.23. The company’s fifty day simple moving average is $11.18 and its 200 day simple moving average is $9.57.

Travelzoo (NASDAQ:TZOO) last announced its quarterly earnings results on Thursday, July 25th. The information services provider reported $0.23 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.04. The company had revenue of $21.14 million during the quarter, compared to the consensus estimate of $21.58 million. Travelzoo had a net margin of 15.59% and a return on equity of 170.06%. During the same quarter last year, the firm earned $0.17 earnings per share. Equities analysts anticipate that Travelzoo will post 0.97 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Acadian Asset Management LLC boosted 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 buying an additional 47,352 shares during the last quarter. ClariVest Asset Management LLC lifted its stake in Travelzoo by 2.9% during the 2nd quarter. ClariVest Asset Management LLC now owns 97,730 shares of the information services provider’s stock valued at $742,000 after acquiring an additional 2,732 shares during the period. Hennion & Walsh Asset Management Inc. boosted its holdings in shares of Travelzoo by 73.7% during the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 47,196 shares of the information services provider’s stock valued at $358,000 after acquiring an additional 20,019 shares during the last quarter. Quadrature Capital Ltd bought a new stake in shares of Travelzoo in the fourth quarter worth approximately $445,000. Finally, Jump Financial LLC grew its stake in shares of Travelzoo by 46.4% in the fourth quarter. Jump Financial LLC now owns 30,900 shares of the information services provider’s stock worth $294,000 after acquiring an additional 9,800 shares during the period. Hedge funds and other institutional investors own 27.39% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on TZOO shares. StockNews.com lowered shares of Travelzoo from a “strong-buy” rating to a “buy” rating in a research note on Thursday, September 12th. Barrington Research reissued an “outperform” rating and issued a $12.00 price target on shares of Travelzoo in a research report on Friday, July 26th. Litchfield Hills Research began coverage on Travelzoo in a research note 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 objective on Travelzoo from $17.00 to $18.00 and gave the company a “buy” rating in a research note on Monday, August 19th. Four analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average 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.