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

Travelzoo (NASDAQ:TZOO) major shareholder Azzurro Capital Inc sold 5,000 shares of Travelzoo stock in a transaction that occurred on Thursday, June 13th. The stock was sold at an average price of $7.82, for a total value of $39,100.00. Following the completion of the transaction, the insider now directly owns 5,114,871 shares in the company, valued at $39,998,291.22. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Major shareholders that own more than 10% 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 Thursday, May 30th, Azzurro Capital Inc sold 17,500 shares of Travelzoo stock. The stock was sold at an average price of $7.71, for a total transaction of $134,925.00.
• On Monday, May 20th, Azzurro Capital Inc sold 20,000 shares of Travelzoo stock. The stock was sold at an average price of $8.51, for a total transaction of $170,200.00.
• 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 transaction of $459,499.98.

Travelzoo Price Performance

NASDAQ:TZOO traded up $0.12 during trading hours on Monday, hitting $7.88. The company had a trading volume of 63,331 shares, compared to its average volume of 99,864. The stock has a 50-day moving average price of $8.48 and a 200 day moving average price of $9.10. The company has a market capitalization of $103.23 million, a PE ratio of 8.66 and a beta of 1.68. Travelzoo has a 52 week low of $4.77 and a 52 week 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 analysts’ consensus estimates of $0.29 by $0.02. Travelzoo had a net margin of 15.24% and a return on equity of 140.63%. The firm had revenue of $21.99 million for the quarter, compared to analyst estimates of $23.72 million. Analysts anticipate that Travelzoo will post 0.92 EPS for the current fiscal year.

Institutional Trading of Travelzoo

Several large investors have recently bought and sold shares of the company. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in Travelzoo in the third quarter worth $82,000. O Shaughnessy Asset Management LLC bought a new stake in shares of Travelzoo during the 1st quarter valued at $132,000. Hillsdale Investment Management Inc. purchased a new stake in shares of Travelzoo in the 4th quarter worth about $171,000. Janiczek Wealth Management LLC bought a new position in shares of Travelzoo in the 4th quarter worth about $275,000. Finally, Hennion & Walsh Asset Management Inc. purchased a new position in Travelzoo during the 1st quarter valued at about $277,000. 27.39% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on TZOO. Barrington Research lowered their price objective on shares of Travelzoo from $14.00 to $12.00 and set an “outperform” rating for the company in a research note on Wednesday, April 24th. StockNews.com upgraded Travelzoo from a “buy” rating to a “strong-buy” rating in a report on Wednesday, June 5th.

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.