American Century Companies Inc. Has $282,000 Stake in Travelzoo (NASDAQ:TZOO)

American Century Companies Inc. increased its holdings in shares of Travelzoo (NASDAQ:TZOO) by 21.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 14,144 shares of the information services provider’s stock after acquiring an additional 2,483 shares during the quarter. American Century Companies Inc. owned about 0.12% of Travelzoo worth $282,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the business. Geode Capital Management LLC boosted its position in Travelzoo by 10.6% during the third quarter. Geode Capital Management LLC now owns 82,241 shares of the information services provider’s stock worth $991,000 after purchasing an additional 7,857 shares during the period. Barclays PLC bought a new stake in shares of Travelzoo during the 3rd quarter worth about $138,000. XTX Topco Ltd boosted its holdings in shares of Travelzoo by 103.5% during the 3rd quarter. XTX Topco Ltd now owns 25,274 shares of the information services provider’s stock worth $305,000 after buying an additional 12,854 shares during the period. Virtu Financial LLC acquired a new position in Travelzoo in the 3rd quarter valued at about $173,000. Finally, Hennion & Walsh Asset Management Inc. raised its holdings in Travelzoo by 14.7% in the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 145,837 shares of the information services provider’s stock valued at $2,909,000 after acquiring an additional 18,651 shares during the period. Institutional investors own 27.39% of the company’s stock.

Insider Buying and Selling

In other news, CEO Holger Bartel sold 4,000 shares of the business’s stock in a transaction that occurred on Wednesday, March 5th. The shares were sold at an average price of $15.42, for a total value of $61,680.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, major shareholder Azzurro Capital Inc sold 40,000 shares of the company’s stock in a transaction that occurred on Friday, March 7th. The stock was sold at an average price of $15.26, for a total transaction of $610,400.00. Following the sale, the insider now directly owns 4,382,696 shares of the company’s stock, valued at approximately $66,879,940.96. This trade represents a 0.90 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 101,500 shares of company stock valued at $1,471,555 over the last 90 days. 57.45% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Separately, Barrington Research decreased their target price on Travelzoo from $25.00 to $17.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 25th.

Travelzoo Stock Performance

Shares of Travelzoo stock opened at $11.93 on Monday. The firm has a 50-day moving average of $15.79 and a 200-day moving average of $17.21. Travelzoo has a 52-week low of $7.12 and a 52-week high of $24.85. The stock has a market cap of $134.15 million, a PE ratio of 11.15 and a beta of 1.41.

Travelzoo (NASDAQ:TZOO) last posted its quarterly earnings data on Wednesday, February 26th. The information services provider reported $0.26 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.26. Travelzoo had a net margin of 16.67% and a return on equity of 210.54%. The firm had revenue of $20.68 million during the quarter, compared to the consensus estimate of $22.06 million. During the same quarter in the previous year, the firm posted $0.23 EPS. Equities research analysts predict that Travelzoo will post 1.09 earnings per share for the current fiscal year.

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.