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

Travelzoo (NASDAQ:TZOOGet Rating) CEO Holger Bartel sold 5,000 shares of the company’s stock in a transaction that occurred on Monday, May 23rd. The stock was sold at an average price of $6.37, for a total value of $31,850.00. Following the completion of the sale, the chief executive officer now owns 491,000 shares in the company, valued at approximately $3,127,670. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

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

  • On Thursday, May 19th, Holger Bartel sold 5,000 shares of Travelzoo stock. The shares were sold at an average price of $7.12, for a total value of $35,600.00.
  • 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.

NASDAQ TZOO traded up $0.47 during trading hours on Wednesday, hitting $6.65. 50,329 shares of the company were exchanged, compared to its average volume of 88,334. The stock has a 50-day moving average price of $6.54 and a 200 day moving average price of $8.40. Travelzoo has a 52 week low of $5.20 and a 52 week high of $17.50. The stock has a market cap of $83.76 million, a PE ratio of 17.50 and a beta of 1.56.

Travelzoo (NASDAQ:TZOOGet Rating) last issued its quarterly earnings data 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. Travelzoo had a negative return on equity of 732.25% and a net margin of 7.67%. The company had revenue of $18.45 million for the quarter, compared to analysts’ expectations of $16.31 million. During the same period in the previous year, the firm posted ($0.14) earnings per share. As a group, analysts expect that Travelzoo will post 0.65 EPS for the current year.

Several equities analysts have recently commented on the company. Ascendiant Capital Markets boosted their price objective on Travelzoo to $19.00 and gave the company a “na” rating in a research report on Monday, May 16th. StockNews.com began coverage on Travelzoo in a report on Thursday, March 31st. They issued a “buy” rating on the stock. Finally, Zacks Investment Research raised Travelzoo from a “hold” rating to a “strong-buy” rating and set a $7.25 target price on the stock in a report on Wednesday, May 11th. Two investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $15.08.

Several institutional investors and hedge funds have recently added to or reduced their stakes in TZOO. Covestor Ltd bought a new position in shares of Travelzoo during the fourth quarter valued at approximately $42,000. Eagle Asset Management Inc. bought a new position in shares of Travelzoo during the fourth quarter valued at approximately $102,000. Cetera Advisor Networks LLC bought a new position in shares of Travelzoo during the first quarter valued at approximately $131,000. Raymond James & Associates boosted its holdings in shares of Travelzoo by 21.4% in the fourth quarter. Raymond James & Associates now owns 14,740 shares of the information services provider’s stock valued at $139,000 after purchasing an additional 2,600 shares during the period. Finally, Natixis purchased a new stake in shares of Travelzoo in the third quarter valued at approximately $153,000. 34.22% of the stock is currently owned by hedge funds and other institutional investors.

About Travelzoo (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.

Read More

Insider Buying and Selling by Quarter for Travelzoo (NASDAQ:TZOO)

Receive News & Ratings for Travelzoo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Travelzoo and related companies with MarketBeat.com's FREE daily email newsletter.