Trexquant Investment LP Has $837,000 Holdings in Travelzoo $TZOO

Key Points

• Trexquant Investment LP significantly increased its stake in Travelzoo by 154.4% during the first quarter, acquiring an additional 37,257 shares for a total of 61,384 shares, worth approximately $837,000.
• Travelzoo reported earnings per share (EPS) of $0.12 for the last quarter, missing estimates of $0.23, while revenue was $23.91 million, exceeding expectations of $23.51 million.
• Analysts have mixed views on Travelzoo, with ratings ranging from "outperform" to "hold," and a consensus price target of $21.50 reflecting potential for future growth.

Trexquant Investment LP boosted its holdings in Travelzoo (NASDAQ:TZOO - Free Report) by 154.4% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 61,384 shares of the information services provider's stock after buying an additional 37,257 shares during the quarter. Trexquant Investment LP owned approximately 0.55% of Travelzoo worth $837,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of TZOO. Millennium Management LLC boosted 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 buying an additional 65,004 shares in the last quarter. Truvestments Capital LLC raised its position in Travelzoo by 3,732.3% in the first quarter. Truvestments Capital LLC now owns 37,288 shares of the information services provider's stock valued at $508,000 after purchasing an additional 36,315 shares during the last quarter. Tidal Investments LLC bought a new position in Travelzoo in the fourth quarter valued at about $710,000. Hennion & Walsh Asset Management Inc. raised its position in Travelzoo by 24.1% in the first quarter. Hennion & Walsh Asset Management Inc. now owns 180,912 shares of the information services provider's stock valued at $2,466,000 after purchasing an additional 35,075 shares during the last quarter. Finally, Koss Olinger Consulting LLC bought a new position in Travelzoo in the first quarter valued at about $448,000. 27.39% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Travelzoo news, major shareholder Azzurro Capital Inc sold 5,000 shares of the company's stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $9.95, for a total transaction of $49,750.00. Following the sale, the insider owned 3,890,196 shares of the company's stock, valued at approximately $38,707,450.20. This represents a 0.13% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders have sold a total of 215,000 shares of company stock worth $2,453,114 over the last quarter. Corporate insiders own 43.20% of the company's stock.

Travelzoo Stock Performance

Shares of TZOO traded down $0.09 during mid-day trading on Friday, reaching $9.52. 46,723 shares of the company were exchanged, compared to its average volume of 101,172. Travelzoo has a 52 week low of $9.20 and a 52 week high of $24.85. The stock has a market capitalization of $104.53 million, a PE ratio of 10.70 and a beta of 1.01. The business has a 50 day simple moving average of $10.75 and a two-hundred day simple moving average of $12.51.

Travelzoo (NASDAQ:TZOO - Get Free Report) last issued its quarterly earnings data on Wednesday, July 23rd. The information services provider reported $0.12 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.23 by ($0.11). The company had revenue of $23.91 million for the quarter, compared to the consensus estimate of $23.51 million. Travelzoo had a return on equity of 1,186.62% and a net margin of 12.32%. On average, analysts predict that Travelzoo will post 1.09 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on TZOO shares. Wall Street Zen downgraded Travelzoo from a "buy" rating to a "hold" rating in a research report on Saturday, August 2nd. Barrington Research reiterated an "outperform" rating and issued a $17.00 target price on shares of Travelzoo in a research report on Thursday, July 24th. Finally, Ascendiant Capital Markets increased their target price on Travelzoo from $25.00 to $26.00 and gave the company a "buy" rating in a research report on Tuesday, August 26th. Three equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Travelzoo has a consensus rating of "Buy" and an average target price of $21.50.

About Travelzoo

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.