Key Points
- Azzurro Capital sold 15,000 Travelzoo shares on Dec. 15 at an average price of $7.56 for $113,400, leaving it with 3,745,196 shares (a 0.40% reduction) valued at about $28.3 million.
- The sale continues a pattern of insider disposals since September — including larger lots (e.g., 25,000 shares on Sept. 26 at ~$10.06) — signaling sustained insider selling activity.
- Travelzoo has a market cap of ~$82.6 million, recently missed quarterly EPS and revenue estimates, but carries a consensus analyst rating of "Moderate Buy" with a $19.67 target price.
Travelzoo (NASDAQ:TZOO - Get Free Report) major shareholder Azzurro Capital Inc sold 5,000 shares of Travelzoo stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $7.09, for a total transaction of $35,450.00. Following the completion of the sale, the insider owned 3,760,196 shares of the company's stock, valued at $26,659,789.64. This represents a 0.13% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Major shareholders that own 10% or more of a company's stock are required to disclose their sales and purchases with the SEC.
Azzurro Capital Inc also recently made the following trade(s):
- On Monday, December 15th, Azzurro Capital Inc sold 15,000 shares of Travelzoo stock. The shares were sold at an average price of $7.56, for a total transaction of $113,400.00.
- On Wednesday, November 26th, Azzurro Capital Inc sold 5,000 shares of Travelzoo stock. The stock was 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 shares were 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 stock was sold at an average price of $7.75, for a total value 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 value 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 value of $210,200.00.
- On Tuesday, September 23rd, Azzurro Capital Inc sold 7,500 shares of Travelzoo stock. The stock was sold at an average price of $10.48, for a total value of $78,600.00.
Travelzoo Stock Up 5.7%
NASDAQ TZOO opened at $7.56 on Tuesday. The company has a 50-day moving average price of $8.13 and a 200-day moving average price of $10.16. Travelzoo has a 52 week low of $6.59 and a 52 week high of $24.85. The firm has a market capitalization of $82.65 million, a P/E ratio of 11.81 and a beta of 0.85.
Travelzoo (NASDAQ:TZOO - Get Free Report) last posted its quarterly earnings data on Tuesday, October 28th. The information services provider reported $0.01 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.14 by ($0.13). Travelzoo had a negative return on equity of 446.70% and a net margin of 8.66%.The business had revenue of $22.20 million during the quarter, compared to analysts' expectations of $22.92 million. As a group, equities research analysts anticipate that Travelzoo will post 1.09 EPS for the current year.
Analysts Set New Price Targets
A number of equities analysts recently commented on TZOO shares. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Travelzoo in a report on Tuesday, October 14th. UBS Group set a $23.00 price objective on Travelzoo in a research note on Wednesday, November 19th. Barrington Research cut their price objective on Travelzoo from $17.00 to $13.00 and set an "outperform" rating for the company in a research note on Wednesday, October 29th. Ascendiant Capital Markets reduced their target price on shares of Travelzoo from $26.00 to $23.00 and set a "buy" rating for the company in a report on Wednesday, November 19th. Finally, Zacks Research raised shares of Travelzoo from a "strong sell" rating to a "hold" rating in a report on Monday, September 22nd. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $19.67.
Read Our Latest Stock Report on TZOO
Institutional Trading of Travelzoo
Several institutional investors and hedge funds have recently added to or reduced their stakes in TZOO. Bank of America Corp DE lifted its holdings in Travelzoo by 1,242.5% in the 2nd quarter. Bank of America Corp DE now owns 2,148 shares of the information services provider's stock worth $27,000 after purchasing an additional 1,988 shares in the last quarter. US Bancorp DE bought a new stake in shares of Travelzoo during the first quarter valued at approximately $31,000. Quarry LP purchased a new position in shares of Travelzoo in the third quarter worth $26,000. AlphaQuest LLC lifted its holdings in shares of Travelzoo by 3,188.4% in the second quarter. AlphaQuest LLC now owns 2,828 shares of the information services provider's stock worth $36,000 after buying an additional 2,742 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its position in shares of Travelzoo by 42,900.0% during the second quarter. JPMorgan Chase & Co. now owns 3,010 shares of the information services provider's stock worth $38,000 after acquiring an additional 3,003 shares during the last quarter. Institutional investors own 27.39% of the company's stock.
Travelzoo Company Profile
(
Get Free Report)
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.
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