Azzurro Capital Inc Sells 5,000 Shares of Travelzoo (NASDAQ:TZOO) Stock

Travelzoo (NASDAQ:TZOO - Get Free Report) major shareholder Azzurro Capital Inc sold 5,000 shares of the firm's stock in a transaction dated Wednesday, November 12th. The stock was sold at an average price of $7.53, for a total transaction of $37,650.00. Following the completion of the sale, the insider directly owned 3,777,696 shares of the company's stock, valued at approximately $28,446,050.88. The trade was a 0.13% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Large shareholders that own more than 10% of a company's stock are required to disclose their transactions with the SEC.

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

• On Tuesday, November 4th, Azzurro Capital Inc sold 10,000 shares of Travelzoo stock. The shares were sold at an average price of $7.75, for a total value of $77,500.00.
• On Friday, September 26th, Azzurro Capital Inc sold 25,000 shares of Travelzoo stock. The shares were sold at an average price of $10.06, for a total transaction of $251,500.00.
• On Wednesday, September 24th, Azzurro Capital Inc sold 20,000 shares of Travelzoo stock. The shares were sold at an average price of $10.51, for a total transaction of $210,200.00.
• On Tuesday, September 23rd, Azzurro Capital Inc sold 7,500 shares of Travelzoo stock. The shares were sold at an average price of $10.48, for a total value of $78,600.00.
• On Monday, September 15th, Azzurro Capital Inc sold 20,000 shares of Travelzoo stock. The stock was sold at an average price of $9.53, for a total value of $190,600.00.
• On Thursday, September 11th, Azzurro Capital Inc sold 15,000 shares of Travelzoo stock. The stock was sold at an average price of $9.58, for a total transaction of $143,700.00.
• On Tuesday, September 2nd, Azzurro Capital Inc sold 5,000 shares of Travelzoo stock. The shares were sold at an average price of $9.95, for a total transaction of $49,750.00.
• On Friday, August 29th, Azzurro Capital Inc sold 7,500 shares of Travelzoo stock. The shares were sold at an average price of $9.94, for a total transaction of $74,550.00.
• On Friday, August 22nd, Azzurro Capital Inc sold 22,500 shares of Travelzoo stock. The shares were sold at an average price of $10.04, for a total value of $225,900.00.
• On Thursday, August 21st, Azzurro Capital Inc sold 32,500 shares of Travelzoo stock. The shares were sold at an average price of $9.55, for a total value of $310,375.00.

Travelzoo Trading Down 2.6%

Shares of TZOO stock traded down $0.19 during mid-day trading on Friday, reaching $7.23. The stock had a trading volume of 38,965 shares, compared to its average volume of 134,396. Travelzoo has a 52-week low of $7.17 and a 52-week high of $24.85. The stock's 50-day moving average price is $9.40 and its two-hundred day moving average price is $11.24. The firm has a market capitalization of $79.39 million, a PE ratio of 11.27 and a beta of 0.98.

Travelzoo (NASDAQ:TZOO - Get Free Report) last released its earnings results on Tuesday, October 28th. The information services provider reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.14 by ($0.13). The company had revenue of $22.20 million for the quarter, compared to analysts' expectations of $22.92 million. Travelzoo had a net margin of 8.66% and a return on equity of 2,072.58%. On average, equities research analysts forecast that Travelzoo will post 1.09 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in TZOO. Koss Olinger Consulting LLC purchased a new stake in shares of Travelzoo in the 1st quarter worth approximately $448,000. Truvestments Capital LLC raised its position in shares of Travelzoo by 3,732.3% during the 1st quarter. Truvestments Capital LLC now owns 37,288 shares of the information services provider's stock valued at $508,000 after buying an additional 36,315 shares in the last quarter. Trexquant Investment LP grew its holdings in Travelzoo by 154.4% during the 1st quarter. Trexquant Investment LP now owns 61,384 shares of the information services provider's stock valued at $837,000 after purchasing an additional 37,257 shares during the last quarter. Goldman Sachs Group Inc. grew its stake in Travelzoo by 60.4% in the first quarter. Goldman Sachs Group Inc. now owns 45,528 shares of the information services provider's stock worth $621,000 after purchasing an additional 17,146 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. purchased a new position in Travelzoo in the first quarter valued at about $1,796,000. Institutional investors own 27.39% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts have commented on the company. Zacks Research upgraded Travelzoo from a "strong sell" rating to a "hold" rating in a research note on Monday, September 22nd. Ascendiant Capital Markets raised their price objective on Travelzoo from $25.00 to $26.00 and gave the company a "buy" rating in a research note on Tuesday, August 26th. Barrington Research decreased their price objective on shares of Travelzoo from $17.00 to $13.00 and set an "outperform" rating on the stock in a research note on Wednesday, October 29th. Wall Street Zen cut Travelzoo from a "buy" rating to a "hold" rating in a report on Saturday, August 2nd. Finally, Weiss Ratings reissued a "hold (c)" rating on shares of Travelzoo in a report on Tuesday, October 14th. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, Travelzoo presently has an average rating of "Moderate Buy" and a consensus target price of $19.50.

Read Our Latest Stock Analysis on TZOO

Travelzoo Company Profile

(Get Free Report)

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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