Travelzoo (NASDAQ:TZOO) CEO Sells $51,800.00 in Stock

Travelzoo (NASDAQ:TZOOGet Rating) CEO Holger Bartel sold 7,000 shares of the stock in a transaction on Monday, May 2nd. The stock was sold at an average price of $7.40, for a total transaction of $51,800.00. Following the sale, the chief executive officer now directly owns 516,967 shares in the company, valued at $3,825,555.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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

  • On Friday, April 29th, Holger Bartel sold 4,500 shares of Travelzoo stock. The stock was sold at an average price of $6.96, for a total transaction of $31,320.00.
  • On Wednesday, April 27th, Holger Bartel sold 13,600 shares of Travelzoo stock. The stock was sold at an average price of $6.69, for a total transaction of $90,984.00.

TZOO opened at $8.04 on Wednesday. The company has a market capitalization of $96.93 million, a P/E ratio of 21.16 and a beta of 1.56. The firm’s fifty day moving average price is $6.76 and its two-hundred day moving average price is $8.87. Travelzoo has a fifty-two week low of $5.20 and a fifty-two week high of $18.47.

Travelzoo (NASDAQ:TZOOGet Rating) last posted its earnings results on Tuesday, April 26th. The information services provider reported $0.19 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.04 by $0.15. Travelzoo had a negative return on equity of 1,142.83% and a net margin of 7.67%. During the same quarter last year, the company posted ($0.14) earnings per share. On average, analysts forecast that Travelzoo will post 0.57 earnings per share for the current fiscal year.

A number of analysts recently weighed in on TZOO shares. Zacks Investment Research raised shares of Travelzoo from a “strong sell” rating to a “hold” rating in a report on Thursday, April 28th. Ascendiant Capital Markets cut shares of Travelzoo from a “buy” rating to a “hold” rating in a report on Friday, March 18th. Finally, StockNews.com started coverage on shares of Travelzoo in a report on Thursday, March 31st. They issued a “buy” rating on the stock. Two equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $15.00.

Large investors have recently added to or reduced their stakes in the business. Two Sigma Investments LP raised its stake in shares of Travelzoo by 51.4% during the 3rd quarter. Two Sigma Investments LP now owns 86,308 shares of the information services provider’s stock worth $1,001,000 after purchasing an additional 29,295 shares in the last quarter. BlackRock Inc. grew its holdings in Travelzoo by 10.4% in the 3rd quarter. BlackRock Inc. now owns 136,861 shares of the information services provider’s stock valued at $1,588,000 after buying an additional 12,929 shares in the last quarter. Two Sigma Advisers LP grew its holdings in Travelzoo by 36.5% in the 3rd quarter. Two Sigma Advisers LP now owns 121,517 shares of the information services provider’s stock valued at $1,410,000 after buying an additional 32,500 shares in the last quarter. Covestor Ltd acquired a new position in Travelzoo in the 4th quarter valued at $42,000. Finally, Invenomic Capital Management LP grew its holdings in shares of Travelzoo by 21.0% during the 4th quarter. Invenomic Capital Management LP now owns 504,869 shares of the information services provider’s stock worth $4,756,000 after purchasing an additional 87,521 shares in the last quarter. 34.22% of the stock is owned by hedge funds and other institutional investors.

About Travelzoo (Get Rating)

Travelzoo, an Internet media company, provides travel, entertainment, and local deals from travel and entertainment companies, and local businesses in the Asia Pacific, Europe, and North America. Its publications and products include Travelzoo Website; Travelzoo iPhone and Android apps; Travelzoo Top 20 email newsletter; and Newsflash email alert service.

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