Two Sigma Investments LP trimmed its position in Travelzoo (NASDAQ:TZOO - Free Report) by 29.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 67,799 shares of the information services provider's stock after selling 27,985 shares during the quarter. Two Sigma Investments LP owned approximately 0.57% of Travelzoo worth $1,353,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently made changes to their positions in TZOO. Tidal Investments LLC acquired a new stake in shares of Travelzoo during the fourth quarter worth approximately $710,000. State of Wyoming acquired a new stake in Travelzoo in the fourth quarter valued at approximately $171,000. Man Group plc acquired a new stake in Travelzoo in the fourth quarter valued at approximately $475,000. OMERS ADMINISTRATION Corp acquired a new stake in Travelzoo in the fourth quarter valued at approximately $501,000. Finally, Millennium Management LLC lifted its stake in Travelzoo by 528.4% in the fourth quarter. Millennium Management LLC now owns 77,307 shares of the information services provider's stock valued at $1,542,000 after acquiring an additional 65,004 shares during the last quarter. 27.39% of the stock is currently owned by institutional investors and hedge funds.
Travelzoo Trading Up 1.1%
NASDAQ:TZOO traded up $0.15 during trading hours on Friday, hitting $13.52. 68,086 shares of the company traded hands, compared to its average volume of 126,359. The stock has a market capitalization of $150.00 million, a price-to-earnings ratio of 12.64 and a beta of 1.17. Travelzoo has a twelve month low of $7.12 and a twelve month high of $24.85. The firm has a 50-day moving average of $13.13 and a 200 day moving average of $16.71.
Travelzoo (NASDAQ:TZOO - Get Free Report) last released its earnings results on Wednesday, April 30th. The information services provider reported $0.25 EPS for the quarter, missing the consensus estimate of $0.27 by ($0.02). The company had revenue of $23.14 million for the quarter, compared to analyst estimates of $22.99 million. Travelzoo had a net margin of 16.67% and a return on equity of 210.54%. Equities research analysts predict that Travelzoo will post 1.09 earnings per share for the current fiscal year.
Insider Buying and Selling at Travelzoo
In other Travelzoo news, major shareholder Azzurro Capital Inc sold 25,000 shares of the business's stock in a transaction on Monday, March 31st. The shares were sold at an average price of $13.35, for a total value of $333,750.00. Following the sale, the insider now owns 4,297,696 shares of the company's stock, valued at $57,374,241.60. The trade was a 0.58% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders have sold 110,000 shares of company stock valued at $1,512,910 in the last 90 days. 57.45% of the stock is currently owned by company insiders.
Analyst Ratings Changes
TZOO has been the subject of a number of analyst reports. Noble Financial restated an "outperform" rating on shares of Travelzoo in a research note on Wednesday, April 30th. Ascendiant Capital Markets boosted their price objective on shares of Travelzoo from $24.00 to $25.00 and gave the stock a "buy" rating in a research note on Friday, May 30th. Finally, Barrington Research restated an "outperform" rating and issued a $17.00 price objective on shares of Travelzoo in a research note on Tuesday, April 29th. Five equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, Travelzoo has a consensus rating of "Buy" and an average target price of $25.67.
Check Out Our Latest Analysis on Travelzoo
Travelzoo Profile
(
Free Report)
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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