Holger Bartel Sells 100,000 Shares of Travelzoo (NASDAQ:TZOO) Stock

Travelzoo (NASDAQ:TZOO) CEO Holger Bartel sold 100,000 shares of the business’s stock in a transaction that occurred on Wednesday, September 18th. The shares were sold at an average price of $11.44, for a total transaction of $1,144,000.00. Following the transaction, the chief executive officer now directly owns 100,000 shares of the company’s stock, valued at $1,144,000. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Holger Bartel also recently made the following trade(s):

• On Friday, August 16th, Holger Bartel sold 20,000 shares of Travelzoo stock. The stock was sold at an average price of $11.91, for a total transaction of $238,200.00.
• On Monday, August 19th, Holger Bartel sold 30,000 shares of Travelzoo stock. The shares were sold at an average price of $12.26, for a total value of $367,800.00.
• On Thursday, August 1st, Holger Bartel sold 13,466 shares of Travelzoo stock. The stock was sold at an average price of $10.19, for a total value of $137,218.54.

Travelzoo Trading Up 0.4 %

TZOO opened at $14.14 on Friday. Travelzoo has a 1-year low of $4.77 and a 1-year high of $15.23. The company has a market capitalization of $185.21 million, a PE ratio of 15.54 and a beta of 1.74. The firm’s 50 day simple moving average is $11.31 and its two-hundred day simple moving average is $9.61.

Travelzoo (NASDAQ:TZOO) last released its quarterly earnings results on Thursday, July 25th. The information services provider reported $0.23 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.04. Travelzoo had a net margin of 15.59% and a return on equity of 170.06%. The business had revenue of $21.14 million for the quarter, compared to the consensus estimate of $21.58 million. During the same period last year, the firm earned $0.17 earnings per share. Equities analysts forecast that Travelzoo will post 0.97 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have issued reports on the company. StockNews.com cut Travelzoo from a “strong-buy” rating to a “buy” rating in a research report on Thursday, September 12th. Barrington Research reissued an “outperform” rating and issued a $12.00 price objective on shares of Travelzoo in a report on Friday, July 26th. Litchfield Hills Research started coverage on shares of Travelzoo in a report on Wednesday, September 4th. They set a “buy” rating and a $35.00 target price for the company. Finally, Ascendiant Capital Markets increased their price target on shares of Travelzoo from $17.00 to $18.00 and gave the stock a “buy” rating in a research report on Monday, August 19th.

Institutional Trading of Travelzoo

Hedge funds and other institutional investors have recently modified their holdings of the company. Hennion & Walsh Asset Management Inc. purchased a new stake in shares of Travelzoo in the first quarter worth $277,000. Quadrature Capital Ltd purchased a new stake in shares of Travelzoo in the fourth quarter worth $445,000. Jump Financial LLC increased its stake in shares of Travelzoo by 46.4% in the fourth 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 in the last quarter. Acadian Asset Management LLC increased its stake in shares of Travelzoo by 9.7% in the first 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 in the last quarter. Finally, O Shaughnessy Asset Management LLC purchased a new stake in shares of Travelzoo in the first quarter worth $132,000. 27.39% of the stock is owned by hedge funds and other institutional investors.

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.