Travelzoo (NASDAQ:TZOO) Short Interest Down 23.0% in April

Travelzoo (NASDAQ:TZOO - Get Free Report) was the target of a significant decline in short interest in the month of April. As of April 15th, there was short interest totalling 99,300 shares, a decline of 23.0% from the March 31st total of 129,000 shares. Based on an average daily volume of 107,000 shares, the short-interest ratio is presently 0.9 days. Approximately 1.3% of the company's shares are sold short.

Analyst Ratings Changes

TZOO has been the subject of a number of research analyst reports. Barrington Research decreased their target price on Travelzoo from $14.00 to $12.00 and set an "outperform" rating for the company in a research note on Wednesday. StockNews.com cut Travelzoo from a "strong-buy" rating to a "buy" rating in a research note on Thursday.

Insider Buying and Selling

In other Travelzoo news, major shareholder Azzurro Capital Inc sold 10,000 shares of the business's stock in a transaction dated Wednesday, March 6th. The stock was sold at an average price of $8.71, for a total value of $87,100.00. Following the completion of the transaction, the insider now directly owns 5,393,302 shares of the company's stock, valued at $46,975,660.42. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders sold a total of 148,931 shares of company stock valued at $1,483,335 over the last three months. Company insiders own 57.45% of the company's stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Connor Clark & Lunn Investment Management Ltd. acquired a new position in shares of Travelzoo during the third quarter worth about $82,000. Hillsdale Investment Management Inc. acquired a new position in shares of Travelzoo during the fourth quarter worth about $171,000. Hennion & Walsh Asset Management Inc. acquired a new position in shares of Travelzoo during the first quarter worth about $277,000. Janiczek Wealth Management LLC bought a new stake in Travelzoo during the fourth quarter worth about $275,000. Finally, Jump Financial LLC raised its holdings in Travelzoo by 46.4% during the fourth quarter. Jump Financial LLC now owns 30,900 shares of the information services provider's stock worth $294,000 after acquiring an additional 9,800 shares in the last quarter. 27.39% of the stock is owned by institutional investors and hedge funds.

Travelzoo Trading Up 0.9 %

Shares of TZOO stock traded up $0.08 on Friday, hitting $8.58. 91,865 shares of the stock were exchanged, compared to its average volume of 74,068. The firm has a market capitalization of $113.26 million, a P/E ratio of 9.43 and a beta of 1.71. The business has a 50-day moving average of $9.57 and a 200 day moving average of $8.92. Travelzoo has a fifty-two week low of $4.77 and a fifty-two week high of $11.23.

Travelzoo (NASDAQ:TZOO - Get Free Report) last posted its quarterly earnings data on Wednesday, April 24th. The information services provider reported $0.31 earnings per share for the quarter, topping the consensus estimate of $0.29 by $0.02. The company had revenue of $21.99 million during the quarter, compared to analysts' expectations of $23.72 million. Travelzoo had a return on equity of 140.25% and a net margin of 15.24%. As a group, research analysts forecast that Travelzoo will post 0.92 EPS for the current fiscal year.

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.