Travelzoo (NASDAQ:TZOO) CEO Holger Bartel Sells 100,000 Shares

Travelzoo (NASDAQ:TZOO) CEO Holger Bartel sold 100,000 shares of the business’s stock in a transaction dated Wednesday, September 18th. The stock was sold at an average price of $11.44, for a total value of $1,144,000.00. Following the transaction, the chief executive officer now directly owns 100,000 shares of the company’s stock, valued at approximately $1,144,000. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Holger Bartel also recently made the following trade(s):

• On Friday, August 16th, Holger Bartel sold 20,000 shares of Travelzoo stock. The stock was sold at an average price of $11.91, for a total value of $238,200.00.
• On Monday, August 19th, Holger Bartel sold 30,000 shares of Travelzoo stock. The stock was sold at an average price of $12.26, for a total value of $367,800.00.
• On Thursday, August 1st, Holger Bartel sold 13,466 shares of Travelzoo stock. The stock was sold at an average price of $10.19, for a total transaction of $137,218.54.

Travelzoo Trading Up 0.4 %

Shares of TZOO opened at $14.14 on Friday. The stock has a market cap of $185.21 million, a PE ratio of 15.54 and a beta of 1.74. Travelzoo has a 1 year low of $4.77 and a 1 year high of $15.23. The stock has a 50 day simple moving average of $11.31 and a 200-day simple moving average of $9.61.

Travelzoo (NASDAQ:TZOO) last released its quarterly earnings data on Thursday, July 25th. The information services provider reported $0.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.19 by $0.04. Travelzoo had a return on equity of 170.06% and a net margin of 15.59%. The firm had revenue of $21.14 million during the quarter, compared to analyst estimates of $21.58 million. During the same period in the prior year, the company posted $0.17 earnings per share. On average, sell-side analysts forecast that Travelzoo will post 0.97 EPS for the current fiscal year.

Analysts Set New Price Targets

TZOO has been the subject of a number of research reports. Litchfield Hills Research assumed coverage on shares of Travelzoo in a report on Wednesday, September 4th. They issued a “buy” rating and a $35.00 price target for the company. Barrington Research restated an “outperform” rating and issued a $12.00 target price on shares of Travelzoo in a research note on Friday, July 26th. StockNews.com cut Travelzoo from a “strong-buy” rating to a “buy” rating in a research report on Thursday, September 12th. Finally, Ascendiant Capital Markets boosted their price target on shares of Travelzoo from $17.00 to $18.00 and gave the company a “buy” rating in a report on Monday, August 19th. Four equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, Travelzoo presently has an average rating of “Buy” and a consensus price target of $21.67.

Hedge Funds Weigh In On Travelzoo

Several institutional investors have recently added to or reduced their stakes in the company. Acadian Asset Management LLC grew its stake in Travelzoo by 9.7% during the first quarter. Acadian Asset Management LLC now owns 535,786 shares of the information services provider’s stock worth $5,451,000 after buying an additional 47,352 shares during the last quarter. ClariVest Asset Management LLC grew its position in Travelzoo by 2.9% during the 2nd quarter. ClariVest Asset Management LLC now owns 97,730 shares of the information services provider’s stock worth $742,000 after acquiring an additional 2,732 shares during the last quarter. Hennion & Walsh Asset Management Inc. increased its holdings in Travelzoo by 73.7% during the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 47,196 shares of the information services provider’s stock valued at $358,000 after purchasing an additional 20,019 shares in the last quarter. Quadrature Capital Ltd bought a new position in Travelzoo in the 4th quarter valued at $445,000. Finally, Jump Financial LLC raised its position in Travelzoo by 46.4% in the 4th quarter. Jump Financial LLC now owns 30,900 shares of the information services provider’s stock valued at $294,000 after purchasing an additional 9,800 shares during the last quarter. 27.39% of the stock is owned by institutional investors.

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.