Travelzoo (NASDAQ:TZOO) Shares Sold by Truffle Hound Capital LLC

Truffle Hound Capital LLC lessened its stake in shares of Travelzoo (NASDAQ:TZOO - Free Report) by 30.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 140,000 shares of the information services provider's stock after selling 60,000 shares during the quarter. Truffle Hound Capital LLC owned 1.24% of Travelzoo worth $1,908,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. US Bancorp DE acquired a new stake in shares of Travelzoo during the first quarter worth about $31,000. Bank of New York Mellon Corp raised its position in Travelzoo by 2.6% during the first quarter. Bank of New York Mellon Corp now owns 67,045 shares of the information services provider's stock worth $914,000 after acquiring an additional 1,668 shares during the last quarter. Hennion & Walsh Asset Management Inc. raised its holdings in Travelzoo by 24.1% in the 1st quarter. Hennion & Walsh Asset Management Inc. now owns 180,912 shares of the information services provider's stock valued at $2,466,000 after acquiring an additional 35,075 shares during the last quarter. Tidal Investments LLC acquired a new stake in shares of Travelzoo in the fourth quarter worth $710,000. Finally, State of Wyoming acquired a new stake in Travelzoo during the 4th quarter valued at approximately $171,000. 27.39% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on TZOO. Wall Street Zen cut Travelzoo from a "buy" rating to a "hold" rating in a research note on Saturday. Barrington Research reiterated an "outperform" rating and issued a $17.00 price objective on shares of Travelzoo in a research note on Thursday, July 24th. Noble Financial reissued an "outperform" rating on shares of Travelzoo in a research note on Wednesday, April 30th. Finally, Ascendiant Capital Markets boosted their target price on Travelzoo from $24.00 to $25.00 and gave the stock a "buy" rating in a research report on Friday, May 30th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat, Travelzoo currently has an average rating of "Moderate Buy" and a consensus price target of $25.67.

Insider Activity at Travelzoo

In other Travelzoo news, major shareholder Azzurro Capital Inc sold 10,000 shares of Travelzoo stock in a transaction dated Tuesday, July 29th. The stock was sold at an average price of $10.35, for a total transaction of $103,500.00. Following the completion of the transaction, the insider owned 4,045,196 shares in the company, valued at approximately $41,867,778.60. The trade was a 0.25% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Over the last three months, insiders have sold 167,500 shares of company stock worth $2,167,795. Company insiders own 43.20% of the company's stock.

Travelzoo Stock Performance

Shares of TZOO opened at $9.47 on Friday. The firm has a market cap of $105.12 million, a P/E ratio of 10.64 and a beta of 1.11. Travelzoo has a 52 week low of $9.16 and a 52 week high of $24.85. The firm's 50-day simple moving average is $12.71 and its 200 day simple moving average is $14.69.

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

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