XTX Topco Ltd Sells 1,334 Shares of Travelzoo (NASDAQ:TZOO)

XTX Topco Ltd lowered its stake in shares of Travelzoo (NASDAQ:TZOO) by 9.7% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 12,420 shares of the information services provider’s stock after selling 1,334 shares during the quarter. XTX Topco Ltd owned approximately 0.09% of Travelzoo worth $94,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the stock. American Century Companies Inc. bought a new stake in shares of Travelzoo in the second quarter valued at $82,000. Ritholtz Wealth Management purchased a new stake in shares of Travelzoo during the 2nd quarter valued at approximately $82,000. Fermata Advisors LLC purchased a new stake in shares of Travelzoo during the 2nd quarter valued at approximately $101,000. O Shaughnessy Asset Management LLC purchased a new position in Travelzoo in the 1st quarter valued at approximately $132,000. Finally, Hennion & Walsh Asset Management Inc. bought a new stake in Travelzoo during the 1st quarter valued at $277,000. Hedge funds and other institutional investors own 27.39% of the company’s stock.

Wall Street Analysts Forecast Growth

TZOO has been the subject of a number of analyst reports. StockNews.com raised Travelzoo from a “buy” rating to a “strong-buy” rating in a report on Wednesday, September 25th. Ascendiant Capital Markets lifted their target price on Travelzoo from $17.00 to $18.00 and gave the company a “buy” rating in a report on Monday, August 19th. Barrington Research reiterated an “outperform” rating and set a $12.00 price target on shares of Travelzoo in a research report on Friday, July 26th. Finally, Litchfield Hills Research assumed coverage on shares of Travelzoo in a research report on Wednesday, September 4th. They issued a “buy” rating and a $35.00 price objective for the company.

Travelzoo Stock Performance

NASDAQ:TZOO opened at $12.04 on Wednesday. Travelzoo has a 52-week low of $4.77 and a 52-week high of $15.23. The stock has a fifty day moving average of $11.87 and a 200 day moving average of $9.76. The firm has a market capitalization of $147.97 million, a price-to-earnings ratio of 13.23 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, beating analysts’ consensus estimates of $0.19 by $0.04. Travelzoo had a return on equity of 170.06% and a net margin of 15.59%. The firm had revenue of $21.14 million during the quarter, compared to the consensus estimate of $21.58 million. During the same quarter last year, the company posted $0.17 EPS. Equities analysts forecast that Travelzoo will post 0.97 earnings per share for the current fiscal year.

Insider Buying and Selling at Travelzoo

In other news, major shareholder Azzurro Capital Inc sold 22,500 shares of the stock in a transaction on Tuesday, July 30th. The shares were sold at an average price of $10.16, for a total value of $228,600.00. Following the transaction, the insider now owns 5,037,371 shares of the company’s stock, valued at approximately $51,179,689.36. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In other Travelzoo news, major shareholder Azzurro Capital Inc sold 22,500 shares of Travelzoo stock in a transaction dated Tuesday, July 30th. The stock was sold at an average price of $10.16, for a total transaction of $228,600.00. Following the completion of the sale, the insider now owns 5,037,371 shares of the company’s stock, valued at $51,179,689.36. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Holger Bartel sold 13,466 shares of the stock in a transaction dated Thursday, August 1st. The shares were sold at an average price of $10.19, for a total value of $137,218.54. Following the transaction, the chief executive officer now owns 302,534 shares in the company, valued at $3,082,821.46. The disclosure for this sale can be found here. Insiders sold a total of 379,254 shares of company stock worth $4,459,596 over the last three months. 57.45% of the stock is owned by insiders.

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.