Two Sigma Advisers LP Sells 20,900 Shares of Travelzoo (NASDAQ:TZOO)

Two Sigma Advisers LP lessened its holdings in shares of Travelzoo (NASDAQ:TZOO - Free Report) by 38.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 33,900 shares of the information services provider's stock after selling 20,900 shares during the quarter. Two Sigma Advisers LP owned approximately 0.29% of Travelzoo worth $676,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. Ancora Advisors LLC acquired a new position in Travelzoo during the fourth quarter worth approximately $30,000. American Century Companies Inc. grew its position in shares of Travelzoo by 21.3% in the fourth quarter. American Century Companies Inc. now owns 14,144 shares of the information services provider's stock valued at $282,000 after purchasing an additional 2,483 shares during the last quarter. Northern Trust Corp grew its position in shares of Travelzoo by 12.1% in the fourth quarter. Northern Trust Corp now owns 27,678 shares of the information services provider's stock valued at $552,000 after purchasing an additional 2,995 shares during the last quarter. Lazard Asset Management LLC acquired a new position in shares of Travelzoo in the fourth quarter valued at approximately $87,000. Finally, Tower Research Capital LLC TRC grew its position in shares of Travelzoo by 556.4% in the fourth quarter. Tower Research Capital LLC TRC now owns 5,599 shares of the information services provider's stock valued at $112,000 after purchasing an additional 4,746 shares during the last quarter. Institutional investors and hedge funds own 27.39% of the company's stock.

Travelzoo Stock Performance

Shares of TZOO stock traded down $0.17 during trading on Wednesday, hitting $13.31. The company had a trading volume of 76,338 shares, compared to its average volume of 134,185. The firm has a market capitalization of $147.67 million, a P/E ratio of 12.44 and a beta of 1.17. The stock's 50-day moving average price is $13.14 and its 200 day moving average price is $16.83. Travelzoo has a one year low of $7.12 and a one year high of $24.85.

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

Insider Activity at Travelzoo

In other Travelzoo news, major shareholder Azzurro Capital Inc sold 32,500 shares of the company's stock in a transaction on Monday, March 24th. The stock was sold at an average price of $14.33, for a total transaction of $465,725.00. Following the completion of the sale, the insider now directly owns 4,322,696 shares in the company, valued at $61,944,233.68. This represents a 0.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Over the last ninety days, insiders sold 150,000 shares of company stock worth $2,123,310. Company insiders own 57.45% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on TZOO. Barrington Research reaffirmed an "outperform" rating and issued a $17.00 target price on shares of Travelzoo in a research report on Tuesday, April 29th. Ascendiant Capital Markets upped their target price on Travelzoo from $24.00 to $25.00 and gave the company a "buy" rating in a research report on Friday, May 30th. Finally, Noble Financial reaffirmed an "outperform" rating on shares of Travelzoo in a research report on Wednesday, April 30th. Five investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus price target of $25.67.

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.