Marshall Wace LLP bought a new position in shares of Travelzoo (NASDAQ:TZOO - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 34,079 shares of the information services provider's stock, valued at approximately $680,000. Marshall Wace LLP owned approximately 0.29% of Travelzoo at the end of the most recent quarter.
Other large investors also recently modified their holdings of the company. Renaissance Technologies LLC increased its holdings in Travelzoo by 17.9% in the fourth quarter. Renaissance Technologies LLC now owns 710,182 shares of the information services provider's stock worth $14,168,000 after purchasing an additional 107,681 shares in the last quarter. Truffle Hound Capital LLC bought a new stake in shares of Travelzoo in the fourth quarter valued at approximately $3,990,000. Hennion & Walsh Asset Management Inc. grew its holdings in Travelzoo by 14.7% during the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 145,837 shares of the information services provider's stock valued at $2,909,000 after buying an additional 18,651 shares in the last quarter. O Shaughnessy Asset Management LLC raised its position in shares of Travelzoo by 66.5% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 113,337 shares of the information services provider's stock worth $2,261,000 after buying an additional 45,283 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership bought a new position in shares of Travelzoo in the 4th quarter worth $2,102,000. 27.39% of the stock is currently owned by institutional investors.
Insider Transactions at Travelzoo
In other Travelzoo news, CEO Holger Bartel sold 4,000 shares of the firm's stock in a transaction that occurred on Wednesday, March 5th. The stock was sold at an average price of $15.42, for a total transaction of $61,680.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, major shareholder Azzurro Capital Inc sold 40,000 shares of Travelzoo stock in a transaction dated Friday, March 7th. The stock was sold at an average price of $15.26, for a total value of $610,400.00. Following the completion of the transaction, the insider now owns 4,382,696 shares of the company's stock, valued at $66,879,940.96. This trade represents a 0.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 104,000 shares of company stock valued at $1,507,630. 57.45% of the stock is currently owned by corporate insiders.
Analyst Upgrades and Downgrades
Several research analysts have recently issued reports on TZOO shares. Barrington Research restated an "outperform" rating and issued a $17.00 target price on shares of Travelzoo in a report on Tuesday, April 29th. Noble Financial reissued 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 stock presently has a consensus rating of "Buy" and a consensus target price of $25.00.
Read Our Latest Research Report on Travelzoo
Travelzoo Stock Performance
Travelzoo stock traded down $0.56 during midday trading on Wednesday, hitting $13.38. 97,424 shares of the company were exchanged, compared to its average volume of 128,200. Travelzoo has a fifty-two week low of $7.12 and a fifty-two week high of $24.85. The business has a fifty day simple moving average of $13.46 and a two-hundred day simple moving average of $17.26. The firm has a market capitalization of $150.46 million, a PE ratio of 12.50 and a beta of 1.21.
Travelzoo (NASDAQ:TZOO - Get Free Report) last posted its quarterly earnings results on Wednesday, April 30th. The information services provider reported $0.25 earnings per share for the quarter, missing the consensus estimate of $0.27 by ($0.02). The business had revenue of $23.14 million during the quarter, compared to analysts' expectations of $22.99 million. Travelzoo had a return on equity of 210.54% and a net margin of 16.67%. As a group, equities analysts expect that Travelzoo will post 1.09 earnings per share for the current year.
About Travelzoo
(
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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