Azzurro Capital Inc Sells 15,000 Shares of Travelzoo (NASDAQ:TZOO) Stock

Travelzoo (NASDAQ:TZOO) major shareholder Azzurro Capital Inc sold 15,000 shares of the stock in a transaction on Monday, December 15th. The shares were sold at an average price of $7.56, for a total value of $113,400.00. Following the sale, the insider directly owned 3,745,196 shares in the company, valued at $28,313,681.76. This trade represents a 0.40% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Large shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

Azzurro Capital Inc also recently made the following trade(s):

• On Thursday, December 11th, Azzurro Capital Inc sold 5,000 shares of Travelzoo stock. The stock was sold at an average price of $7.09, for a total value of $35,450.00.
• On Wednesday, November 26th, Azzurro Capital Inc sold 5,000 shares of Travelzoo stock. The shares were sold at an average price of $7.01, for a total transaction of $35,050.00.
• On Wednesday, November 12th, Azzurro Capital Inc sold 5,000 shares of Travelzoo stock. The stock was sold at an average price of $7.53, for a total transaction of $37,650.00.
• On Tuesday, November 4th, Azzurro Capital Inc sold 10,000 shares of Travelzoo stock. The shares were sold at an average price of $7.75, for a total transaction of $77,500.00.
• On Friday, September 26th, Azzurro Capital Inc sold 25,000 shares of Travelzoo stock. The stock was sold at an average price of $10.06, for a total transaction of $251,500.00.
• On Wednesday, September 24th, Azzurro Capital Inc sold 20,000 shares of Travelzoo stock. The shares were sold at an average price of $10.51, for a total transaction of $210,200.00.
• On Tuesday, September 23rd, Azzurro Capital Inc sold 7,500 shares of Travelzoo stock. The shares were sold at an average price of $10.48, for a total value of $78,600.00.

Travelzoo Price Performance

Shares of TZOO opened at $7.46 on Wednesday. The firm has a market capitalization of $81.54 million, a P/E ratio of 11.66 and a beta of 0.85. Travelzoo has a one year low of $6.59 and a one year high of $24.85. The business has a fifty day moving average of $8.08 and a 200 day moving average of $10.11.

Travelzoo (NASDAQ:TZOO) last announced its earnings results on Tuesday, October 28th. The information services provider reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.14 by ($0.13). Travelzoo had a negative return on equity of 446.70% and a net margin of 8.66%.The firm had revenue of $22.20 million during the quarter, compared to analysts’ expectations of $22.92 million. Analysts expect that Travelzoo will post 1.09 EPS for the current fiscal year.

Hedge Funds Weigh In On Travelzoo

A number of hedge funds and other institutional investors have recently modified their holdings of TZOO. US Bancorp DE bought a new stake in Travelzoo in the 1st quarter valued at $31,000. American Century Companies Inc. grew its position in shares of Travelzoo by 17.0% during the first quarter. American Century Companies Inc. now owns 16,548 shares of the information services provider’s stock valued at $226,000 after purchasing an additional 2,404 shares in the last quarter. Truvestments Capital LLC grew its position in shares of Travelzoo by 3,732.3% during the first quarter. Truvestments Capital LLC now owns 37,288 shares of the information services provider’s stock valued at $508,000 after purchasing an additional 36,315 shares in the last quarter. OMERS ADMINISTRATION Corp increased its holdings in shares of Travelzoo by 28.9% in the first quarter. OMERS ADMINISTRATION Corp now owns 32,400 shares of the information services provider’s stock worth $442,000 after purchasing an additional 7,270 shares during the last quarter. Finally, Trexquant Investment LP lifted its position in shares of Travelzoo by 154.4% in the first quarter. Trexquant Investment LP now owns 61,384 shares of the information services provider’s stock worth $837,000 after buying an additional 37,257 shares in the last quarter. Institutional investors own 27.39% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently commented on TZOO. Zacks Research raised Travelzoo from a “strong sell” rating to a “hold” rating in a report on Monday, September 22nd. Barrington Research decreased their price objective on Travelzoo from $17.00 to $13.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 29th. Weiss Ratings reissued a “hold (c)” rating on shares of Travelzoo in a report on Tuesday, October 14th. UBS Group set a $23.00 price target on shares of Travelzoo in a report on Wednesday, November 19th. Finally, Ascendiant Capital Markets reduced their price objective on shares of Travelzoo from $26.00 to $23.00 and set a “buy” rating for the company in a research note on Wednesday, November 19th. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $19.67.

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.