Insider Selling: Travelzoo (NASDAQ:TZOO) CEO Sells 13,466 Shares of Stock

Travelzoo (NASDAQ:TZOO) CEO Holger Bartel sold 13,466 shares of the company’s stock in a transaction on Thursday, August 1st. The shares were sold at an average price of $10.19, for a total value of $137,218.54. Following the transaction, the chief executive officer now directly owns 302,534 shares in the company, valued at $3,082,821.46. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Travelzoo Price Performance

Shares of TZOO traded down $0.34 during mid-day trading on Monday, reaching $9.52. The company had a trading volume of 164,763 shares, compared to its average volume of 96,570. The company’s 50-day moving average is $8.21 and its 200-day moving average is $8.78. Travelzoo has a twelve month low of $4.77 and a twelve month high of $11.23. The company has a market capitalization of $124.69 million, a P/E ratio of 10.84 and a beta of 1.74.

Travelzoo (NASDAQ:TZOO) last announced its quarterly earnings data on Thursday, July 25th. The information services provider reported $0.23 EPS for the quarter, beating analysts’ consensus estimates of $0.19 by $0.04. The firm had revenue of $21.14 million for the quarter, compared to analyst estimates of $21.58 million. Travelzoo had a return on equity of 157.07% and a net margin of 15.59%. During the same period last year, the company earned $0.17 EPS. As a group, equities analysts expect that Travelzoo will post 0.95 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Acadian Asset Management LLC boosted its position in shares of Travelzoo by 9.7% in the 1st quarter. Acadian Asset Management LLC now owns 535,786 shares of the information services provider’s stock worth $5,451,000 after purchasing an additional 47,352 shares during the last quarter. Hennion & Walsh Asset Management Inc. boosted its position in shares of Travelzoo by 73.7% in the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 47,196 shares of the information services provider’s stock worth $358,000 after purchasing an additional 20,019 shares during the last quarter. Quadrature Capital Ltd bought a new position in shares of Travelzoo in the 4th quarter worth $445,000. Jump Financial LLC boosted its position in shares of Travelzoo by 46.4% in the 4th quarter. Jump Financial LLC now owns 30,900 shares of the information services provider’s stock worth $294,000 after purchasing an additional 9,800 shares during the last quarter. Finally, Janiczek Wealth Management LLC bought a new position in shares of Travelzoo in the 4th quarter worth $275,000. 27.39% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research analysts recently weighed in on TZOO shares. Barrington Research reissued an “outperform” rating and set a $12.00 price target on shares of Travelzoo in a research report on Friday, July 26th. StockNews.com lowered Travelzoo from a “strong-buy” rating to a “buy” rating in a research report on Monday, July 29th.

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.