Azzurro Capital Inc Sells 20,000 Shares of Travelzoo (NASDAQ:TZOO) Stock

Travelzoo (NASDAQ:TZOO) major shareholder Azzurro Capital Inc sold 20,000 shares of Travelzoo stock in a transaction that occurred on Monday, May 20th. The stock was sold at an average price of $8.51, for a total value of $170,200.00. Following the completion of the transaction, the insider now owns 5,179,871 shares of the company’s stock, valued at approximately $44,080,702.21. The sale was disclosed in a document filed with the SEC, which is available at this link. Major shareholders that own 10% or more 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 Wednesday, March 20th, Azzurro Capital Inc sold 43,431 shares of Travelzoo stock. The stock was sold at an average price of $10.58, for a total value of $459,499.98.
• On Monday, March 18th, Azzurro Capital Inc sold 22,500 shares of Travelzoo stock. The stock was sold at an average price of $10.20, for a total value of $229,500.00.
• On Friday, March 15th, Azzurro Capital Inc sold 12,500 shares of Travelzoo stock. The stock was sold at an average price of $10.25, for a total value of $128,125.00.
• On Wednesday, March 13th, Azzurro Capital Inc sold 30,000 shares of Travelzoo stock. The stock was sold at an average price of $10.10, for a total value of $303,000.00.
• On Monday, March 11th, Azzurro Capital Inc sold 12,500 shares of Travelzoo stock. The stock was sold at an average price of $9.82, for a total value of $122,750.00.
• On Wednesday, March 6th, Azzurro Capital Inc sold 10,000 shares of Travelzoo stock. The shares were sold at an average price of $8.71, for a total value of $87,100.00.
• On Monday, March 4th, Azzurro Capital Inc sold 18,000 shares of Travelzoo stock. The shares were sold at an average price of $8.52, for a total value of $153,360.00.

Travelzoo Price Performance

NASDAQ:TZOO opened at $7.80 on Friday. The business has a 50 day simple moving average of $9.25 and a 200 day simple moving average of $9.18. The firm has a market capitalization of $102.18 million, a P/E ratio of 8.57 and a beta of 1.68. Travelzoo has a 12-month low of $4.77 and a 12-month high of $11.23.

Travelzoo (NASDAQ:TZOO) last announced its earnings results on Wednesday, April 24th. The information services provider reported $0.31 earnings per share for the quarter, beating the consensus estimate of $0.29 by $0.02. The firm had revenue of $21.99 million for the quarter, compared to the consensus estimate of $23.72 million. Travelzoo had a return on equity of 140.63% and a net margin of 15.24%. Research analysts anticipate that Travelzoo will post 0.92 EPS for the current fiscal year.

Institutional Trading of Travelzoo

Hedge funds and other institutional investors have recently modified their holdings of the company. O Shaughnessy Asset Management LLC bought a new stake in shares of Travelzoo in the 1st quarter worth $132,000. Connor Clark & Lunn Investment Management Ltd. bought a new stake in shares of Travelzoo in the 3rd quarter worth $82,000. Hillsdale Investment Management Inc. bought a new stake in shares of Travelzoo in the 4th quarter worth $171,000. Hennion & Walsh Asset Management Inc. bought a new stake in shares of Travelzoo in the 1st quarter worth $277,000. Finally, Janiczek Wealth Management LLC bought a new stake in shares of Travelzoo in the 4th quarter worth $275,000. Institutional investors own 27.39% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the company. Barrington Research reduced their price objective on Travelzoo from $14.00 to $12.00 and set an “outperform” rating for the company in a research report on Wednesday, April 24th. StockNews.com lowered Travelzoo from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 11th.

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.