Azzurro Capital Inc Sells 15,000 Shares of Travelzoo (NASDAQ:TZOO) Stock

Travelzoo (NASDAQ:TZOO) major shareholder Azzurro Capital Inc sold 15,000 shares of the company’s stock in a transaction dated Thursday, June 27th. The shares were sold at an average price of $7.60, for a total transaction of $114,000.00. Following the sale, the insider now owns 5,059,871 shares in the company, valued at $38,455,019.60. The sale was disclosed in a filing with the SEC, which is available at this link. Major shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

Azzurro Capital Inc also recently made the following trade(s):

• On Tuesday, June 25th, Azzurro Capital Inc sold 25,000 shares of Travelzoo stock. The shares were sold at an average price of $7.80, for a total transaction of $195,000.00.
• On Thursday, June 13th, Azzurro Capital Inc sold 5,000 shares of Travelzoo stock. The shares were sold at an average price of $7.82, for a total transaction of $39,100.00.
• On Thursday, May 30th, Azzurro Capital Inc sold 17,500 shares of Travelzoo stock. The shares were sold at an average price of $7.71, for a total transaction of $134,925.00.
• On Monday, May 20th, Azzurro Capital Inc sold 20,000 shares of Travelzoo stock. The shares were sold at an average price of $8.51, for a total transaction of $170,200.00.

Travelzoo Trading Up 0.7 %

Shares of NASDAQ:TZOO opened at $7.59 on Friday. The company has a market capitalization of $99.41 million, a price-to-earnings ratio of 8.34 and a beta of 1.68. Travelzoo has a 12 month low of $4.77 and a 12 month high of $11.23. The firm’s 50-day moving average is $8.18 and its 200 day moving average is $8.96.

Travelzoo (NASDAQ:TZOO) last issued its quarterly earnings results on Wednesday, April 24th. The information services provider reported $0.31 EPS for the quarter, beating the consensus estimate of $0.29 by $0.02. The company had revenue of $21.99 million for the quarter, compared to the consensus estimate of $23.72 million. Travelzoo had a net margin of 15.24% and a return on equity of 140.63%. As a group, equities analysts forecast that Travelzoo will post 0.92 EPS for the current fiscal year.

Analyst Ratings Changes

Several brokerages have recently issued reports on TZOO. Barrington Research decreased their target price on shares of Travelzoo from $14.00 to $12.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 24th. StockNews.com upgraded shares of Travelzoo from a “buy” rating to a “strong-buy” rating in a report on Thursday.

Hedge Funds Weigh In On Travelzoo

A number of hedge funds have recently added to or reduced their stakes in TZOO. Acadian Asset Management LLC grew its stake in Travelzoo by 9.7% in the 1st quarter. Acadian Asset Management LLC now owns 535,786 shares of the information services provider’s stock worth $5,451,000 after acquiring an additional 47,352 shares in the last quarter. Quadrature Capital Ltd bought a new position in Travelzoo in the 4th quarter worth about $445,000. Trexquant Investment LP grew its stake in Travelzoo by 184.1% in the 3rd quarter. Trexquant Investment LP now owns 61,808 shares of the information services provider’s stock worth $360,000 after acquiring an additional 40,051 shares in the last quarter. Janiczek Wealth Management LLC bought a new position in Travelzoo in the 4th quarter worth about $275,000. Finally, Hennion & Walsh Asset Management Inc. bought a new position in Travelzoo in the 1st quarter worth about $277,000. 27.39% of the stock is currently 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.