Travelzoo (NASDAQ:TZOO - Get Free Report) CEO Holger Bartel acquired 40,000 shares of the firm's stock in a transaction that occurred on Tuesday, February 24th. The stock was acquired at an average price of $5.43 per share, with a total value of $217,200.00. Following the completion of the transaction, the chief executive officer directly owned 200,000 shares in the company, valued at $1,086,000. This trade represents a 25.00% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Holger Bartel also recently made the following trade(s):
- On Monday, February 23rd, Holger Bartel purchased 100,000 shares of Travelzoo stock. The stock was purchased at an average cost of $5.49 per share, for a total transaction of $549,000.00.
- On Friday, February 20th, Holger Bartel bought 60,000 shares of Travelzoo stock. The stock was purchased at an average cost of $5.18 per share, for a total transaction of $310,800.00.
Travelzoo Stock Up 2.6%
NASDAQ TZOO opened at $5.53 on Wednesday. The firm's 50 day moving average is $6.19 and its 200-day moving average is $7.94. The company has a market capitalization of $60.45 million, a PE ratio of 14.55 and a beta of 0.89. Travelzoo has a 12-month low of $4.72 and a 12-month high of $16.77.
Travelzoo (NASDAQ:TZOO - Get Free Report) last released its earnings results on Thursday, February 19th. The information services provider reported $0.00 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.11 by ($0.11). Travelzoo had a negative return on equity of 120.98% and a net margin of 4.98%.The company had revenue of $22.47 million for the quarter, compared to the consensus estimate of $22.54 million. As a group, sell-side analysts expect that Travelzoo will post 1.09 EPS for the current year.
Wall Street Analyst Weigh In
Several analysts recently commented on the stock. 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. Zacks Research upgraded shares of Travelzoo from a "strong sell" rating to a "hold" rating in a research report on Friday, January 30th. Weiss Ratings restated a "hold (c)" rating on shares of Travelzoo in a report on Friday, January 9th. UBS Group set a $23.00 target price on Travelzoo in a research note on Wednesday, November 19th. Finally, Barrington Research dropped their price target on Travelzoo from $13.00 to $8.00 and set an "outperform" rating for the company in a report on Friday, February 20th. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, Travelzoo has a consensus rating of "Moderate Buy" and a consensus target price of $18.00.
Get Our Latest Stock Report on Travelzoo
Institutional Inflows and Outflows
Institutional investors have recently added to or reduced their stakes in the company. Millennium Management LLC increased its stake in shares of Travelzoo by 299.8% in the 1st quarter. Millennium Management LLC now owns 309,097 shares of the information services provider's stock valued at $4,213,000 after purchasing an additional 231,790 shares during the last quarter. Hennion & Walsh Asset Management Inc. boosted its stake in Travelzoo by 17.7% in the third quarter. Hennion & Walsh Asset Management Inc. now owns 226,145 shares of the information services provider's stock valued at $2,223,000 after buying an additional 34,031 shares in the last quarter. Geode Capital Management LLC boosted its stake in Travelzoo by 113.8% in the second quarter. Geode Capital Management LLC now owns 157,267 shares of the information services provider's stock valued at $2,002,000 after buying an additional 83,719 shares in the last quarter. Goldman Sachs Group Inc. grew its position in Travelzoo by 170.5% in the fourth quarter. Goldman Sachs Group Inc. now owns 145,848 shares of the information services provider's stock valued at $1,038,000 after acquiring an additional 91,932 shares during the last quarter. Finally, AQR Capital Management LLC raised its stake in Travelzoo by 28.5% during the fourth quarter. AQR Capital Management LLC now owns 101,449 shares of the information services provider's stock worth $722,000 after acquiring an additional 22,490 shares in the last quarter. 27.39% of the stock is currently owned by institutional investors and hedge funds.
About Travelzoo
(
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.
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