Travelzoo (NASDAQ:TZOO) Upgraded at StockNews.com

Travelzoo (NASDAQ:TZOO) was upgraded by analysts at StockNews.com from a “buy” rating to a “strong-buy” rating in a research note issued to investors on Tuesday.

Separately, Barrington Research increased their target price on Travelzoo from $10.00 to $14.00 and gave the stock an “outperform” rating in a research report on Thursday, February 29th.

Travelzoo Price Performance

Shares of NASDAQ TZOO opened at $9.05 on Tuesday. Travelzoo has a 1-year low of $4.77 and a 1-year high of $11.23. The business’s fifty day moving average price is $9.51 and its two-hundred day moving average price is $8.71. The firm has a market capitalization of $119.46 million, a PE ratio of 10.90 and a beta of 1.71.

Travelzoo (NASDAQ:TZOO) last issued its earnings results on Wednesday, February 28th. The information services provider reported $0.24 earnings per share for the quarter, missing the consensus estimate of $0.27 by ($0.03). Travelzoo had a return on equity of 136.51% and a net margin of 14.64%. The company had revenue of $21.15 million during the quarter, compared to analyst estimates of $21.59 million. Equities research analysts expect that Travelzoo will post 0.99 earnings per share for the current fiscal year.

Insider Activity

In other news, major shareholder Azzurro Capital Inc sold 18,000 shares of the firm’s stock in a transaction on Monday, March 4th. The stock was sold at an average price of $8.52, for a total transaction of $153,360.00. Following the transaction, the insider now directly owns 5,440,802 shares of the company’s stock, valued at $46,355,633.04. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Over the last ninety days, insiders have sold 148,931 shares of company stock valued at $1,483,335. Company insiders own 47.00% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Tower Research Capital LLC TRC acquired a new position in shares of Travelzoo during the second quarter valued at $46,000. JPMorgan Chase & Co. boosted its stake in Travelzoo by 214.4% during the second quarter. JPMorgan Chase & Co. now owns 9,571 shares of the information services provider’s stock valued at $58,000 after buying an additional 6,527 shares in the last quarter. Sei Investments Co. bought a new position in Travelzoo during the fourth quarter valued at about $96,000. LPL Financial LLC bought a new position in Travelzoo during the second quarter valued at about $65,000. Finally, Walleye Capital LLC bought a new position in Travelzoo during the second quarter valued at about $86,000. 27.39% of the stock is owned by institutional investors and hedge funds.

About Travelzoo

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.