Travelzoo (NASDAQ:TZOO) Short Interest Update

Travelzoo (NASDAQ:TZOO) was the recipient of a significant increase in short interest during the month of June. As of June 15th, there was short interest totalling 91,100 shares, an increase of 26.4% from the May 31st total of 72,100 shares. Currently, 1.2% of the company’s shares are sold short. Based on an average daily trading volume, of 89,600 shares, the short-interest ratio is presently 1.0 days.

Insiders Place Their Bets

In other Travelzoo news, major shareholder Azzurro Capital Inc sold 15,000 shares of the firm’s stock in a transaction dated Thursday, June 27th. The stock was sold at an average price of $7.60, for a total transaction of $114,000.00. Following the transaction, the insider now owns 5,059,871 shares in the company, valued at $38,455,019.60. The sale was disclosed in a document filed with the SEC, which is available through this link. Over the last quarter, insiders have sold 82,500 shares of company stock worth $653,225. Insiders own 57.45% of the company’s stock.

Institutional Investors Weigh In On Travelzoo

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

Analysts Set New Price Targets

Several equities analysts have recently weighed in on TZOO shares. Barrington Research cut their price objective on Travelzoo from $14.00 to $12.00 and set an “outperform” rating on the stock in a report on Wednesday, April 24th. StockNews.com upgraded Travelzoo from a “buy” rating to a “strong-buy” rating in a report on Thursday.

Travelzoo Trading Up 0.7 %

Shares of NASDAQ:TZOO traded up $0.05 during trading on Friday, hitting $7.59. 64,681 shares of the company’s stock traded hands, compared to its average volume of 63,157. Travelzoo has a 52 week low of $4.77 and a 52 week high of $11.23. The company has a market cap of $99.43 million, a price-to-earnings ratio of 8.34 and a beta of 1.68. The company has a 50-day moving average price of $8.18 and a 200-day moving average price of $8.95.

Travelzoo (NASDAQ:TZOO) last released its earnings results on Wednesday, April 24th. The information services provider reported $0.31 EPS 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 analysts’ expectations of $23.72 million. Travelzoo had a return on equity of 140.63% and a net margin of 15.24%. On average, analysts predict that Travelzoo will post 0.92 earnings per share for the current fiscal year.

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.