Insider Selling: Travelzoo (NASDAQ:TZOO) Major Shareholder Sells 5,000 Shares of Stock

Travelzoo (NASDAQ:TZOO - Get Free Report) major shareholder Azzurro Capital Inc sold 5,000 shares of Travelzoo stock in a transaction on Monday, June 2nd. The shares were sold at an average price of $12.73, for a total transaction of $63,650.00. Following the completion of the sale, the insider now owns 4,197,696 shares in the company, valued at approximately $53,436,670.08. This trade represents a 0.12% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Large shareholders that own more than 10% of a company's stock are required to disclose their transactions 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 stock was sold at an average price of $13.81, for a total value of $310,725.00.
• On Thursday, May 29th, Azzurro Capital Inc sold 18,500 shares of Travelzoo stock. The stock was sold at an average price of $13.41, for a total value of $248,085.00.
• On Wednesday, May 28th, Azzurro Capital Inc sold 2,000 shares of Travelzoo stock. The stock was sold at an average price of $13.54, for a total value of $27,080.00.
• On Thursday, May 15th, Azzurro Capital Inc sold 2,000 shares of Travelzoo stock. The stock was sold at an average price of $13.91, for a total value 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 value of $36,075.00.
• On Monday, March 31st, Azzurro Capital Inc sold 25,000 shares of Travelzoo stock. The shares were sold at an average price of $13.35, for a total value of $333,750.00.
• On Monday, March 24th, Azzurro Capital Inc sold 32,500 shares of Travelzoo stock. The shares were sold at an average price of $14.33, for a total value 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 value of $610,400.00.

Travelzoo Stock Performance

Travelzoo stock traded up $0.15 during midday trading on Friday, reaching $13.52. The stock had a trading volume of 68,086 shares, compared to its average volume of 126,359. Travelzoo has a twelve month low of $7.12 and a twelve month high of $24.85. The stock has a market capitalization of $150.00 million, a PE ratio of 12.64 and a beta of 1.17. The stock's 50-day simple moving average is $13.13 and its 200 day simple moving average is $16.71.

Travelzoo (NASDAQ:TZOO - Get Free Report) last released its quarterly earnings data on Wednesday, April 30th. The information services provider reported $0.25 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 analysts' expectations of $22.99 million. Travelzoo had a net margin of 16.67% and a return on equity of 210.54%. Equities analysts predict that Travelzoo will post 1.09 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Travelzoo

A number of institutional investors have recently added to or reduced their stakes in TZOO. Raymond James Financial Inc. acquired a new position in Travelzoo during the fourth quarter worth $1,505,000. Truffle Hound Capital LLC bought a new position in Travelzoo during the fourth quarter worth about $3,990,000. American Century Companies Inc. raised its stake 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 acquiring an additional 2,483 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of Travelzoo by 352.5% in the fourth quarter. JPMorgan Chase & Co. now owns 57,224 shares of the information services provider's stock valued at $1,142,000 after acquiring an additional 44,578 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership bought a new position in shares of Travelzoo in the fourth quarter valued at approximately $2,102,000. 27.39% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on TZOO. Ascendiant Capital Markets lifted their price target on Travelzoo from $24.00 to $25.00 and gave the company a "buy" rating in a research report on Friday, May 30th. Noble Financial reiterated an "outperform" rating on shares of Travelzoo in a report on Wednesday, April 30th. Finally, Barrington Research reaffirmed an "outperform" rating and set a $17.00 price objective on shares of Travelzoo in a research report on Tuesday, April 29th. Five analysts have rated the stock with a buy rating, According to MarketBeat, Travelzoo has an average rating of "Buy" and a consensus target price of $25.67.

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.