Travelzoo (NASDAQ:TZOO) Major Shareholder Azzurro Capital Inc Sells 2,000 Shares

Travelzoo (NASDAQ:TZOO - Get Free Report) major shareholder Azzurro Capital Inc sold 2,000 shares of the stock in a transaction dated Wednesday, May 28th. The shares were sold at an average price of $13.54, for a total transaction of $27,080.00. Following the transaction, the insider now owns 4,243,696 shares of the company's stock, valued at approximately $57,459,643.84. The trade was a 0.05% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Major shareholders that own more than 10% of a company's stock are required to disclose their sales and purchases with the SEC.

Azzurro Capital Inc also recently made the following trade(s):

• On Friday, May 30th, Azzurro Capital Inc sold 22,500 shares of Travelzoo stock. The shares were sold at an average price of $13.81, for a total transaction of $310,725.00.
• On Thursday, May 29th, Azzurro Capital Inc sold 18,500 shares of Travelzoo stock. The shares were sold at an average price of $13.41, for a total transaction of $248,085.00.
• On Thursday, May 15th, Azzurro Capital Inc sold 2,000 shares of Travelzoo stock. The shares were sold at an average price of $13.91, for a total transaction of $27,820.00.
• On Thursday, May 1st, Azzurro Capital Inc sold 2,500 shares of Travelzoo stock. The stock was sold at an average price of $14.43, for a total transaction of $36,075.00.
• On Monday, March 31st, Azzurro Capital Inc sold 25,000 shares of Travelzoo stock. The stock was sold at an average price of $13.35, for a total transaction of $333,750.00.
• On Monday, March 24th, Azzurro Capital Inc sold 32,500 shares of Travelzoo stock. The stock was sold at an average price of $14.33, for a total transaction of $465,725.00.
• On Friday, March 7th, Azzurro Capital Inc sold 40,000 shares of Travelzoo stock. The stock was sold at an average price of $15.26, for a total transaction of $610,400.00.

Travelzoo Trading Up 4.8%

Shares of Travelzoo stock traded up $0.62 on Tuesday, reaching $13.48. The stock had a trading volume of 111,237 shares, compared to its average volume of 126,336. Travelzoo has a 1 year low of $7.12 and a 1 year high of $24.85. The company has a market cap of $149.56 million, a P/E ratio of 12.60 and a beta of 1.21. The business's 50 day moving average is $13.15 and its two-hundred day moving average is $16.85.

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

Analyst Upgrades and Downgrades

TZOO has been the subject of a number of research reports. Ascendiant Capital Markets increased their target price on shares of Travelzoo from $24.00 to $25.00 and gave the stock a "buy" rating in a research report on Friday. Barrington Research reiterated an "outperform" rating and set a $17.00 target price on shares of Travelzoo in a research report on Tuesday, April 29th. Finally, Noble Financial reiterated an "outperform" rating on shares of Travelzoo in a research report on Wednesday, April 30th. Five analysts have rated the stock with a buy rating, According to MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus target price of $25.67.

Institutional Investors Weigh In On Travelzoo

Institutional investors and hedge funds have recently modified their holdings of the company. Ancora Advisors LLC purchased a new stake in shares of Travelzoo in the fourth quarter worth about $30,000. US Bancorp DE purchased a new stake in Travelzoo in the first quarter valued at approximately $31,000. Lazard Asset Management LLC purchased a new stake in Travelzoo in the fourth quarter valued at approximately $87,000. Tower Research Capital LLC TRC raised its stake in 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 in the last quarter. Finally, Wells Fargo & Company MN purchased a new stake in Travelzoo in the fourth quarter valued at approximately $158,000. 27.39% of the stock is owned by hedge funds and other institutional investors.

Travelzoo Company 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.