Travelzoo (NASDAQ:TZOO – Get Free Report) major shareholder Azzurro Capital Inc sold 7,500 shares of the firm’s stock in a transaction on Monday, July 28th. The stock was sold at an average price of $11.08, for a total value of $83,100.00. Following the transaction, the insider directly owned 4,055,196 shares of the company’s stock, valued at $44,931,571.68. The trade was a 0.18% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.
Azzurro Capital Inc also recently made the following trade(s):
- On Tuesday, July 29th, Azzurro Capital Inc sold 10,000 shares of Travelzoo stock. The stock was sold at an average price of $10.35, for a total value of $103,500.00.
- On Friday, June 27th, Azzurro Capital Inc sold 76,500 shares of Travelzoo stock. The stock was sold at an average price of $13.15, for a total value of $1,005,975.00.
- On Wednesday, June 25th, Azzurro Capital Inc sold 11,000 shares of Travelzoo stock. The stock was sold at an average price of $12.81, for a total value of $140,910.00.
- On Friday, June 20th, Azzurro Capital Inc sold 2,500 shares of Travelzoo stock. The stock was sold at an average price of $12.42, for a total value of $31,050.00.
- On Wednesday, June 18th, Azzurro Capital Inc sold 10,000 shares of Travelzoo stock. The shares were sold at an average price of $12.59, for a total value of $125,900.00.
- On Monday, June 2nd, Azzurro Capital Inc sold 5,000 shares of Travelzoo stock. The shares were sold at an average price of $12.73, for a total value of $63,650.00.
- 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 value 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 value of $248,085.00.
- On Wednesday, May 28th, Azzurro Capital Inc sold 2,000 shares of Travelzoo stock. The shares were 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 shares were sold at an average price of $13.91, for a total value of $27,820.00.
Travelzoo Trading Down 0.3%
TZOO stock opened at $10.15 on Thursday. The stock has a 50-day moving average price of $12.84 and a two-hundred day moving average price of $14.82. Travelzoo has a 12-month low of $9.16 and a 12-month high of $24.85. The company has a market cap of $112.67 million, a PE ratio of 11.40 and a beta of 1.13.
Wall Street Analyst Weigh In
A number of brokerages have recently commented on TZOO. Barrington Research reaffirmed an “outperform” rating and issued a $17.00 price objective on shares of Travelzoo in a research report on Thursday, July 24th. Noble Financial reissued an “outperform” rating on shares of Travelzoo in a research report on Wednesday, April 30th. Finally, Ascendiant Capital Markets boosted 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. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $25.67.
View Our Latest Stock Report on Travelzoo
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently modified their holdings of TZOO. Millennium Management LLC lifted its stake in shares of Travelzoo by 299.8% during the first quarter. Millennium Management LLC now owns 309,097 shares of the information services provider’s stock worth $4,213,000 after purchasing an additional 231,790 shares in the last quarter. Jacobs Levy Equity Management Inc. acquired a new position in shares of Travelzoo during the first quarter worth about $1,796,000. Renaissance Technologies LLC lifted its stake in shares of Travelzoo by 17.9% during 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. Arrowstreet Capital Limited Partnership acquired a new position in shares of Travelzoo during the fourth quarter worth about $2,102,000. Finally, Raymond James Financial Inc. acquired a new position in shares of Travelzoo during the fourth quarter worth about $1,505,000. Institutional investors and hedge funds own 27.39% of the company’s stock.
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.
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