Azzurro Capital Inc Sells 25,000 Shares of Travelzoo (NASDAQ:TZOO) Stock

Travelzoo (NASDAQ:TZOO) major shareholder Azzurro Capital Inc sold 25,000 shares of the stock in a transaction dated Monday, March 31st. The stock was sold at an average price of $13.35, for a total value of $333,750.00. Following the sale, the insider now owns 4,297,696 shares of the company’s stock, valued at approximately $57,374,241.60. The trade was a 0.58 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Large shareholders that own more than 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 Monday, March 24th, Azzurro Capital Inc sold 32,500 shares of Travelzoo stock. The shares were sold at an average price of $14.33, for a total value of $465,725.00.
• On Friday, March 7th, Azzurro Capital Inc sold 40,000 shares of Travelzoo stock. The stock was sold at an average price of $15.26, for a total value of $610,400.00.

Travelzoo Stock Performance

Shares of NASDAQ:TZOO opened at $13.11 on Wednesday. Travelzoo has a 52-week low of $7.12 and a 52-week high of $24.85. The business’s 50 day simple moving average is $17.35 and its two-hundred day simple moving average is $17.35. The firm has a market cap of $147.42 million, a P/E ratio of 12.25 and a beta of 1.69.

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

Analysts Set New Price Targets

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

Institutional Investors Weigh In On Travelzoo

Several hedge funds and other institutional investors have recently made changes to their positions in TZOO. Ancora Advisors LLC bought a new position in Travelzoo in the 4th quarter valued at about $30,000. Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of Travelzoo in the third quarter worth approximately $35,000. Lazard Asset Management LLC bought a new position in shares of Travelzoo in the fourth quarter valued at approximately $87,000. Tower Research Capital LLC TRC boosted its position in shares of Travelzoo by 556.4% during the fourth quarter. Tower Research Capital LLC TRC now owns 5,599 shares of the information services provider’s stock valued at $112,000 after buying an additional 4,746 shares during the last quarter. Finally, Quadrature Capital Ltd bought a new stake in Travelzoo during the third quarter worth $134,000. 27.39% of the stock is owned by institutional investors.

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.