Travelzoo (NASDAQ:TZOO) CEO Holger Bartel Sells 5,000 Shares

Travelzoo (NASDAQ:TZOO – Get Rating) CEO Holger Bartel sold 5,000 shares of the business’s stock in a transaction dated Thursday, May 19th. The shares were sold at an average price of $7.12, for a total value of $35,600.00. Following the completion of the transaction, the chief executive officer now directly owns 496,000 shares of the company’s stock, valued at approximately $3,531,520. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

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

• On Tuesday, May 17th, Holger Bartel sold 1,000 shares of Travelzoo stock. The shares were sold at an average price of $7.35, for a total value of $7,350.00.
• On Thursday, May 12th, Holger Bartel sold 6,088 shares of Travelzoo stock. The shares were sold at an average price of $6.54, for a total value of $39,815.52.
• On Tuesday, May 10th, Holger Bartel sold 3,000 shares of Travelzoo stock. The shares were sold at an average price of $6.43, for a total value of $19,290.00.
• On Monday, May 2nd, Holger Bartel sold 7,000 shares of Travelzoo stock. The shares were sold at an average price of $7.40, for a total value of $51,800.00.
• On Friday, April 29th, Holger Bartel sold 4,500 shares of Travelzoo stock. The shares were sold at an average price of $6.96, for a total value of $31,320.00.
• On Wednesday, April 27th, Holger Bartel sold 13,600 shares of Travelzoo stock. The shares were sold at an average price of $6.69, for a total value of $90,984.00.

Shares of NASDAQ:TZOO traded up $0.10 during midday trading on Thursday, hitting $7.06. 53,764 shares of the stock were exchanged, compared to its average volume of 88,393. The stock has a market capitalization of $88.93 million, a price-to-earnings ratio of 18.58 and a beta of 1.56. The business’s 50-day moving average price is $6.46 and its 200 day moving average price is $8.51. Travelzoo has a 12 month low of $5.20 and a 12 month high of $18.47.

Travelzoo (NASDAQ:TZOO – Get Rating) last released its quarterly earnings results on Tuesday, April 26th. The information services provider reported $0.19 earnings per share for the quarter, topping the consensus estimate of ($0.01) by $0.20. The company had revenue of $18.45 million for the quarter, compared to analysts’ expectations of $16.31 million. Travelzoo had a negative return on equity of 732.25% and a net margin of 7.67%. During the same period in the previous year, the business posted ($0.14) earnings per share. Research analysts forecast that Travelzoo will post 0.65 earnings per share for the current fiscal year.

Several large investors have recently added to or reduced their stakes in the company. Forager Capital Management LLC bought a new stake in Travelzoo in the fourth quarter valued at approximately $6,496,000. Renaissance Technologies LLC boosted its holdings in Travelzoo by 5.7% in the third quarter. Renaissance Technologies LLC now owns 597,591 shares of the information services provider’s stock valued at $6,932,000 after acquiring an additional 32,400 shares during the last quarter. Invenomic Capital Management LP boosted its holdings in Travelzoo by 21.0% in the fourth quarter. Invenomic Capital Management LP now owns 504,869 shares of the information services provider’s stock valued at $4,756,000 after acquiring an additional 87,521 shares during the last quarter. Acadian Asset Management LLC boosted its holdings in Travelzoo by 4.0% in the fourth quarter. Acadian Asset Management LLC now owns 492,221 shares of the information services provider’s stock valued at $4,633,000 after acquiring an additional 18,936 shares during the last quarter. Finally, Ancora Advisors LLC lifted its stake in Travelzoo by 2,055.1% in the first quarter. Ancora Advisors LLC now owns 204,739 shares of the information services provider’s stock valued at $3,432,000 after buying an additional 195,239 shares during the period. Institutional investors own 34.22% of the company’s stock.

TZOO has been the topic of a number of recent analyst reports. StockNews.com initiated coverage on Travelzoo in a research report on Thursday, March 31st. They issued a “buy” rating on the stock. Zacks Investment Research upgraded Travelzoo from a “hold” rating to a “strong-buy” rating and set a $7.25 target price on the stock in a research report on Wednesday, May 11th. Finally, Ascendiant Capital Markets lifted their target price on Travelzoo to $19.00 and gave the company a “na” rating in a research report on Monday. Two analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $15.08.

Travelzoo Company Profile (Get Rating)

Travelzoo Inc operates as a global media commerce company that engages in the provision of information to subscribers and website users about travel, entertainment, and local deals available from various companies. Its publications and products include the Travelzoo website (travelzoo.com), the Travelzoo iPhone and Android apps, the Travelzoo Top 20 e-mail newsletter, and the Newsflash e-mail alert service.

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