Azzurro Capital Inc Sells 2,500 Shares of Travelzoo (NASDAQ:TZOO) Stock

Travelzoo (NASDAQ:TZOO) major shareholder Azzurro Capital Inc sold 2,500 shares of the company’s stock in a transaction dated Friday, June 20th. The stock was sold at an average price of $12.42, for a total transaction of $31,050.00. Following the transaction, the insider now owns 4,150,196 shares of the company’s stock, valued at $51,545,434.32. This represents a 0.06% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Major 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 Wednesday, June 18th, Azzurro Capital Inc sold 10,000 shares of Travelzoo stock. The stock was sold at an average price of $12.59, for a total transaction of $125,900.00.
• On Monday, June 2nd, Azzurro Capital Inc sold 5,000 shares of Travelzoo stock. The stock was sold at an average price of $12.73, for a total transaction of $63,650.00.
• On Friday, May 30th, Azzurro Capital Inc sold 22,500 shares of Travelzoo stock. The stock was sold at an average price of $13.81, for a total transaction of $310,725.00.
• On Thursday, May 29th, Azzurro Capital Inc sold 18,500 shares of Travelzoo stock. The shares were sold at an average price of $13.41, for a total transaction of $248,085.00.
• On Wednesday, May 28th, Azzurro Capital Inc sold 2,000 shares of Travelzoo stock. The shares were sold at an average price of $13.54, for a total transaction of $27,080.00.
• On Thursday, May 15th, Azzurro Capital Inc sold 2,000 shares of Travelzoo stock. The shares were sold at an average price of $13.91, for a total transaction of $27,820.00.
• On Thursday, May 1st, Azzurro Capital Inc sold 2,500 shares of Travelzoo stock. The shares were sold at an average price of $14.43, for a total transaction of $36,075.00.
• On Monday, March 31st, Azzurro Capital Inc sold 25,000 shares of Travelzoo stock. The shares were sold at an average price of $13.35, for a total transaction of $333,750.00.

Travelzoo Stock Up 0.2%

Shares of TZOO traded up $0.03 during trading hours on Monday, reaching $12.27. The company’s stock had a trading volume of 93,358 shares, compared to its average volume of 127,446. The firm has a market cap of $136.20 million, a price-to-earnings ratio of 12.27 and a beta of 1.17. Travelzoo has a 1-year low of $7.12 and a 1-year high of $24.85. The company has a 50 day moving average of $13.27 and a two-hundred day moving average of $16.21.

Travelzoo (NASDAQ:TZOO) last issued its earnings results on Wednesday, April 30th. The information services provider reported $0.25 earnings per share for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.02). The business had revenue of $23.14 million during the quarter, compared to analyst estimates of $22.99 million. Travelzoo had a net margin of 14.51% and a return on equity of 434.15%. As a group, analysts forecast that Travelzoo will post 1.09 EPS for the current fiscal year.

Hedge Funds Weigh In On Travelzoo

Large investors have recently made changes to their positions in the business. Ancora Advisors LLC acquired a new position in shares of Travelzoo in the 4th quarter valued at about $30,000. US Bancorp DE acquired a new position in shares of Travelzoo in the 1st quarter valued at about $31,000. Lazard Asset Management LLC acquired a new position in shares of Travelzoo in the 4th quarter valued at about $87,000. Tower Research Capital LLC TRC increased its holdings in Travelzoo by 556.4% in the fourth quarter. Tower Research Capital LLC TRC now owns 5,599 shares of the information services provider’s stock worth $112,000 after buying an additional 4,746 shares during the last quarter. Finally, Wells Fargo & Company MN acquired a new position in Travelzoo in the fourth quarter worth approximately $158,000. Institutional investors and hedge funds own 27.39% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have commented on TZOO. Barrington Research reaffirmed an “outperform” rating and set a $17.00 price objective on shares of Travelzoo in a research note on Tuesday, April 29th. Noble Financial reaffirmed an “outperform” rating on shares of Travelzoo in a research note on Wednesday, April 30th. Finally, Ascendiant Capital Markets upped their price objective on shares of Travelzoo from $24.00 to $25.00 and gave the company a “buy” rating in a research note on Friday, May 30th. Five investment analysts have rated the stock with a buy rating, According to data from MarketBeat, Travelzoo presently has an average rating of “Buy” and an average target price of $25.67.

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.