33,623 Shares in Travelzoo (NASDAQ:TZOO) Purchased by Cerity Partners LLC

Cerity Partners LLC acquired a new stake in Travelzoo (NASDAQ:TZOO) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 33,623 shares of the information services provider’s stock, valued at approximately $671,000. Cerity Partners LLC owned approximately 0.28% of Travelzoo at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. American Century Companies Inc. raised its position in shares of Travelzoo by 21.3% in the 4th quarter. American Century Companies Inc. now owns 14,144 shares of the information services provider’s stock valued at $282,000 after acquiring an additional 2,483 shares during the period. Geode Capital Management LLC increased its holdings in Travelzoo by 10.6% during the 3rd 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 in the last quarter. Wells Fargo & Company MN acquired a new stake in shares of Travelzoo in the 4th quarter valued at about $158,000. Barclays PLC bought a new position in shares of Travelzoo during the 3rd quarter worth approximately $138,000. Finally, Aristides Capital LLC acquired a new position in shares of Travelzoo during the 4th quarter worth about $237,000. Institutional investors and hedge funds own 27.39% of the company’s stock.

Insider Buying and Selling

In related news, major shareholder Azzurro Capital Inc sold 40,000 shares of the business’s stock in a transaction on Friday, March 7th. The stock was sold at an average price of $15.26, for a total value of $610,400.00. Following the completion of the sale, the insider now directly owns 4,382,696 shares in the company, valued at $66,879,940.96. The trade was a 0.90 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Holger Bartel sold 4,000 shares of the stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of $15.42, for a total value of $61,680.00. The disclosure for this sale can be found here. In the last 90 days, insiders sold 101,500 shares of company stock valued at $1,471,555. Company insiders own 57.45% of the company’s stock.

Wall Street Analyst Weigh In

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

Travelzoo Stock Down 1.6 %

Shares of NASDAQ TZOO opened at $12.01 on Monday. The business’s 50 day moving average price is $14.71 and its two-hundred day moving average price is $17.21. The company has a market cap of $135.05 million, a PE ratio of 11.22 and a beta of 1.41. Travelzoo has a twelve month low of $7.12 and a twelve month high of $24.85.

Travelzoo (NASDAQ:TZOO) last posted its quarterly earnings results on Wednesday, February 26th. The information services provider reported $0.26 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.26. Travelzoo had a return on equity of 210.54% and a net margin of 16.67%. The business had revenue of $20.68 million for the quarter, compared to analysts’ expectations of $22.06 million. During the same quarter in the prior year, the business earned $0.23 EPS. As a group, research analysts anticipate that Travelzoo will post 1.09 EPS 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.