Azzurro Capital Inc Sells 3,700 Shares of Travelzoo (NASDAQ:TZOO) Stock

Key Points

• Azzurro Capital Inc sold 3,700 shares of Travelzoo (NASDAQ:TZOO) at an average price of $10.51, totaling $38,887, decreasing their position by 0.09% and leaving them with approximately 3,967,696 shares.
• Travelzoo recently reported $0.12 earnings per share for the quarter, missing the consensus estimate of $0.23, while its revenue was $23.91 million, slightly exceeding estimates.
• The stock has a market capitalization of $112.39 million and has seen a twelve-month price range between $9.41 and $24.85.

Travelzoo (NASDAQ:TZOO - Get Free Report) major shareholder Azzurro Capital Inc sold 3,700 shares of Travelzoo stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $10.51, for a total transaction of $38,887.00. Following the completion of the sale, the insider owned 3,967,696 shares of the company's stock, valued at approximately $41,700,484.96. This trade represents a 0.09% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Large 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, August 12th, Azzurro Capital Inc sold 20,000 shares of Travelzoo stock. The stock was sold at an average price of $10.14, for a total transaction of $202,800.00.
• On Friday, August 1st, Azzurro Capital Inc sold 6,300 shares of Travelzoo stock. The stock was sold at an average price of $9.59, for a total transaction of $60,417.00.
• On Tuesday, July 29th, Azzurro Capital Inc sold 10,000 shares of Travelzoo stock. The stock was sold at an average price of $10.35, for a total transaction of $103,500.00.
• On Monday, July 28th, Azzurro Capital Inc sold 7,500 shares of Travelzoo stock. The shares were sold at an average price of $11.08, for a total transaction of $83,100.00.
• On Friday, June 27th, Azzurro Capital Inc sold 76,500 shares of Travelzoo stock. The shares were sold at an average price of $13.15, for a total transaction of $1,005,975.00.
• On Wednesday, June 25th, Azzurro Capital Inc sold 11,000 shares of Travelzoo stock. The shares were sold at an average price of $12.81, for a total transaction of $140,910.00.
• On Friday, June 20th, Azzurro Capital Inc sold 2,500 shares of Travelzoo stock. The shares were sold at an average price of $12.42, for a total transaction of $31,050.00.
• On Wednesday, June 18th, Azzurro Capital Inc sold 10,000 shares of Travelzoo stock. The shares were sold at an average price of $12.59, for a total transaction of $125,900.00.
• On Monday, June 2nd, Azzurro Capital Inc sold 5,000 shares of Travelzoo stock. The shares were sold at an average price of $12.73, for a total transaction of $63,650.00.
• On Friday, May 30th, Azzurro Capital Inc sold 22,500 shares of Travelzoo stock. The shares were sold at an average price of $13.81, for a total transaction of $310,725.00.

Travelzoo Price Performance

NASDAQ TZOO traded down $0.31 on Thursday, hitting $10.13. 118,887 shares of the company were exchanged, compared to its average volume of 137,955. The company's 50 day moving average price is $12.17 and its 200-day moving average price is $14.09. The firm has a market capitalization of $112.39 million, a P/E ratio of 11.38 and a beta of 1.11. Travelzoo has a twelve month low of $9.41 and a twelve month high of $24.85.

Travelzoo (NASDAQ:TZOO - Get Free Report) last posted its quarterly earnings data on Wednesday, July 23rd. The information services provider reported $0.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by ($0.11). The company had revenue of $23.91 million for the quarter, compared to analyst estimates of $23.51 million. Travelzoo had a return on equity of 566.64% and a net margin of 12.32%. As a group, equities analysts expect that Travelzoo will post 1.09 EPS for the current year.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on TZOO. Noble Financial restated an "outperform" rating on shares of Travelzoo in a research note on Wednesday, April 30th. Ascendiant Capital Markets upped their price target on shares of Travelzoo from $24.00 to $25.00 and gave the company a "buy" rating in a report on Friday, May 30th. Wall Street Zen downgraded shares of Travelzoo from a "buy" rating to a "hold" rating in a report on Saturday, August 2nd. Finally, Barrington Research reissued an "outperform" rating and issued a $17.00 price target on shares of Travelzoo in a report on Thursday, July 24th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $25.67.

Institutional Trading of Travelzoo

Several institutional investors and hedge funds have recently bought and sold shares of TZOO. Ancora Advisors LLC acquired a new position in shares of Travelzoo in the 4th quarter valued at about $30,000. US Bancorp DE acquired a new position in shares of Travelzoo in the 1st quarter valued at about $31,000. AlphaQuest LLC increased its holdings in shares of Travelzoo by 3,188.4% in the 2nd quarter. AlphaQuest LLC now owns 2,828 shares of the information services provider's stock valued at $36,000 after purchasing an additional 2,742 shares during the period. JPMorgan Chase & Co. increased its holdings in shares of Travelzoo by 42,900.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 3,010 shares of the information services provider's stock valued at $38,000 after purchasing an additional 3,003 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in shares of Travelzoo in the 2nd quarter valued at approximately $44,000. Institutional investors and hedge funds own 27.39% 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.

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