Key Points
- Azzurro Capital sold 20,000 Travelzoo shares on Dec. 23 at an average price of $7.01, leaving the firm with about 3,702,696 shares valued at roughly $25.96 million (a 0.54% ownership reduction from that sale).
- The shareholder has been actively selling over the past weeks, disposing of roughly 122,500 shares between Nov. 4 and Dec. 26, signaling a sustained reduction in its stake.
- Travelzoo (NASDAQ:TZOO) trades near $7.14 with a 12‑month range of $6.59–$24.85 and a market cap of about $78 million; analysts’ consensus is a “Moderate Buy” with a $19.67 price target.
Travelzoo (NASDAQ:TZOO - Get Free Report) major shareholder Azzurro Capital Inc sold 20,000 shares of the firm's stock in a transaction on Tuesday, December 23rd. The stock was sold at an average price of $7.01, for a total value of $140,200.00. Following the transaction, the insider owned 3,702,696 shares in the company, valued at $25,955,898.96. This trade represents a 0.54% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed 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 Friday, December 26th, Azzurro Capital Inc sold 40,000 shares of Travelzoo stock. The shares were sold at an average price of $6.97, for a total transaction of $278,800.00.
- On Monday, December 22nd, Azzurro Capital Inc sold 22,500 shares of Travelzoo stock. The stock was sold at an average price of $7.08, for a total transaction of $159,300.00.
- 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 Thursday, December 11th, Azzurro Capital Inc sold 5,000 shares of Travelzoo stock. The shares were sold at an average price of $7.09, for a total transaction of $35,450.00.
- 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 value 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 value of $77,500.00.
Travelzoo Trading Up 1.9%
Shares of NASDAQ TZOO opened at $7.14 on Tuesday. Travelzoo has a 12-month low of $6.59 and a 12-month high of $24.85. The company has a market cap of $78.04 million, a price-to-earnings ratio of 11.16 and a beta of 0.85. The stock's 50 day simple moving average is $7.55 and its 200 day simple moving average is $9.72.
Travelzoo (NASDAQ:TZOO - Get Free Report) last issued its quarterly earnings data on Tuesday, October 28th. The information services provider reported $0.01 EPS for the quarter, missing analysts' consensus estimates of $0.14 by ($0.13). The company had revenue of $22.20 million for the quarter, compared to the consensus estimate of $22.92 million. Travelzoo had a negative return on equity of 446.70% and a net margin of 8.66%. As a group, equities analysts forecast that Travelzoo will post 1.09 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Travelzoo
Institutional investors have recently added to or reduced their stakes in the company. American Century Companies Inc. boosted its stake in Travelzoo by 17.0% during the 1st 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. OMERS ADMINISTRATION Corp boosted its stake in Travelzoo by 28.9% during the first quarter. OMERS ADMINISTRATION Corp now owns 32,400 shares of the information services provider's stock valued at $442,000 after buying an additional 7,270 shares in the last quarter. Trexquant Investment LP grew its holdings in Travelzoo by 154.4% during the first quarter. Trexquant Investment LP now owns 61,384 shares of the information services provider's stock worth $837,000 after acquiring an additional 37,257 shares during the period. State of Wyoming grew its holdings in Travelzoo by 218.5% during the first quarter. State of Wyoming now owns 27,240 shares of the information services provider's stock worth $371,000 after acquiring an additional 18,687 shares during the period. Finally, Cubist Systematic Strategies LLC bought a new stake in Travelzoo in the first quarter worth about $120,000. 27.39% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
TZOO has been the subject of a number of analyst reports. Zacks Research raised shares of Travelzoo from a "strong sell" rating to a "hold" rating in a research note on Monday, September 22nd. Barrington Research reduced their price objective on Travelzoo from $17.00 to $13.00 and set an "outperform" rating for the company in a research report on Wednesday, October 29th. UBS Group set a $23.00 target price on Travelzoo in a research report on Wednesday, November 19th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Travelzoo in a research note on Tuesday, October 14th. Finally, Ascendiant Capital Markets decreased their price target on 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's stock. According to MarketBeat.com, Travelzoo has a consensus rating of "Moderate Buy" and a consensus price target of $19.67.
View Our Latest Research Report on Travelzoo
Travelzoo Company Profile
(
Get Free Report)
Travelzoo (NASDAQ: TZOO) is a global internet media company specializing in publishing curated travel, entertainment and local deals to a subscriber base of millions. Through its website, mobile applications and weekly email newsletters, Travelzoo partners with airlines, hotels, cruise lines, tour operators and local merchants to promote time-sensitive offers at discounted rates. The company generates revenue primarily from media commissions, advertising arrangements and marketing services provided to its hotel and resort partners.
Founded in 1998, Travelzoo went public on the NASDAQ in 2003 under the ticker symbol TZOO.
Further Reading
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