OMERS ADMINISTRATION Corp Acquires Shares of 25,130 Travelzoo (NASDAQ:TZOO)

OMERS ADMINISTRATION Corp bought a new position in Travelzoo (NASDAQ:TZOO - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 25,130 shares of the information services provider's stock, valued at approximately $501,000. OMERS ADMINISTRATION Corp owned approximately 0.21% of Travelzoo as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in TZOO. Ancora Advisors LLC bought a new stake in Travelzoo during the fourth quarter worth about $30,000. Lazard Asset Management LLC purchased a new position in shares of Travelzoo during the 4th quarter valued at about $87,000. Tower Research Capital LLC TRC lifted its position in Travelzoo by 556.4% in the 4th quarter. Tower Research Capital LLC TRC now owns 5,599 shares of the information services provider's stock worth $112,000 after buying an additional 4,746 shares during the last quarter. Wells Fargo & Company MN bought a new stake in Travelzoo in the 4th quarter worth approximately $158,000. Finally, AdvisorShares Investments LLC purchased a new stake in Travelzoo in the fourth quarter worth approximately $203,000. Institutional investors own 27.39% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages have commented on TZOO. Noble Financial reiterated an "outperform" rating on shares of Travelzoo in a research report on Wednesday, April 30th. Barrington Research reaffirmed an "outperform" rating and issued a $17.00 price objective on shares of Travelzoo in a research note on Tuesday, April 29th. Five investment analysts have rated the stock with a buy rating, According to MarketBeat.com, Travelzoo has an average rating of "Buy" and a consensus target price of $25.00.

Insider Transactions at Travelzoo

In other news, major shareholder Azzurro Capital Inc sold 25,000 shares of the stock in a transaction dated Monday, March 31st. The shares were sold at an average price of $13.35, for a total transaction of $333,750.00. Following the completion of the sale, the insider now directly owns 4,297,696 shares in the company, valued at approximately $57,374,241.60. This represents a 0.58% decrease in their ownership of the stock. The transaction 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 firm's stock in a transaction dated Wednesday, March 5th. The stock was sold at an average price of $15.42, for a total value of $61,680.00. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 106,000 shares of company stock worth $1,535,450. Insiders own 57.45% of the company's stock.

Travelzoo Stock Up 1.3%

Shares of NASDAQ TZOO traded up $0.17 during midday trading on Thursday, reaching $13.24. The company had a trading volume of 68,046 shares, compared to its average volume of 126,466. The stock has a market cap of $146.90 million, a PE ratio of 12.37 and a beta of 1.21. Travelzoo has a one year low of $7.12 and a one year high of $24.85. The firm's fifty day moving average price is $13.29 and its 200-day moving average price is $17.14.

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

Travelzoo 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.