37,661 Shares in Travelzoo (NASDAQ:TZOO) Acquired by 683 Capital Management LLC

683 Capital Management LLC purchased a new position in shares of Travelzoo (NASDAQ:TZOO - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 37,661 shares of the information services provider's stock, valued at approximately $751,000. 683 Capital Management LLC owned about 0.32% of Travelzoo at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Tower Research Capital LLC TRC grew its position in shares of Travelzoo by 556.4% in the fourth quarter. Tower Research Capital LLC TRC now owns 5,599 shares of the information services provider's stock valued at $112,000 after purchasing an additional 4,746 shares in the last quarter. Barclays PLC purchased a new stake in Travelzoo in the 3rd quarter valued at $138,000. Wells Fargo & Company MN acquired a new stake in shares of Travelzoo in the 4th quarter worth $158,000. Virtu Financial LLC purchased a new position in shares of Travelzoo during the 3rd quarter worth $173,000. Finally, AdvisorShares Investments LLC acquired a new position in shares of Travelzoo during the 4th quarter valued at about $203,000. Institutional investors and hedge funds own 27.39% of the company's stock.

Travelzoo Trading Down 2.8 %

TZOO traded down $0.39 on Wednesday, hitting $13.55. The company had a trading volume of 32,349 shares, compared to its average volume of 127,765. The firm has a market cap of $152.37 million, a P/E ratio of 12.66 and a beta of 1.21. The company's fifty day moving average price is $13.53 and its 200 day moving average price is $17.28. Travelzoo has a 1 year low of $7.12 and a 1 year high of $24.85.

Travelzoo (NASDAQ:TZOO - Get Free Report) last released its quarterly earnings results on Wednesday, April 30th. The information services provider reported $0.25 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.27 by ($0.02). The company had revenue of $23.14 million during the quarter, compared to analysts' expectations of $22.99 million. Travelzoo had a net margin of 16.67% and a return on equity of 210.54%. On average, analysts predict that Travelzoo will post 1.09 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on TZOO shares. Noble Financial restated an "outperform" rating on shares of Travelzoo in a research report on Wednesday, April 30th. Barrington Research restated an "outperform" rating and set a $17.00 price target on shares of Travelzoo in a report on Tuesday, April 29th. Five analysts have rated the stock with a buy rating, According to data from MarketBeat, the company currently has a consensus rating of "Buy" and an average price target of $25.00.

Insider Transactions at Travelzoo

In related news, major shareholder Azzurro Capital Inc sold 2,500 shares of Travelzoo stock in a transaction that occurred on Thursday, May 1st. The shares were sold at an average price of $14.43, for a total value of $36,075.00. Following the completion of the transaction, the insider now owns 4,295,196 shares in the company, valued at approximately $61,979,678.28. The trade was a 0.06 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Holger Bartel sold 4,000 shares of the stock in a transaction that occurred on Wednesday, March 5th. The stock was sold at an average price of $15.42, for a total transaction of $61,680.00. The disclosure for this sale can be found here. Insiders sold a total of 104,000 shares of company stock worth $1,507,630 over the last ninety days. Company insiders own 57.45% of the company's stock.

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.