Spark Investment Management LLC Has $732,000 Stake in Travelzoo Inc. (TZOO)
Spark Investment Management LLC held its position in shares of Travelzoo Inc. (NASDAQ:TZOO) during the third quarter, Holdings Channel reports. The firm owned 57,100 shares of the company’s stock at the end of the third quarter. Spark Investment Management LLC owned approximately 0.41% of Travelzoo worth $732,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also modified their holdings of the company. Acadian Asset Management LLC acquired a new position in shares of Travelzoo during the third quarter worth $123,000. ClariVest Asset Management LLC acquired a new position in shares of Travelzoo during the third quarter worth $143,000. AXA acquired a new position in shares of Travelzoo during the second quarter worth $111,000. Schwab Charles Investment Management Inc. acquired a new position in shares of Travelzoo during the second quarter worth $141,000. Finally, Paloma Partners Management Co acquired a new position in shares of Travelzoo during the second quarter worth $221,000. Institutional investors and hedge funds own 24.56% of the company’s stock.
Shares of Travelzoo Inc. (NASDAQ:TZOO) traded up 1.00% on Friday, hitting $10.15. The stock had a trading volume of 9,637 shares. The company has a market capitalization of $140.32 million, a P/E ratio of 23.77 and a beta of 1.33. The firm has a 50 day moving average price of $10.86 and a 200 day moving average price of $10.91. Travelzoo Inc. has a one year low of $6.63 and a one year high of $13.27.
Travelzoo (NASDAQ:TZOO) last announced its quarterly earnings data on Thursday, October 27th. The company reported $0.12 earnings per share for the quarter, beating the consensus estimate of $0.03 by $0.09. Travelzoo had a net margin of 4.66% and a return on equity of 29.25%. The firm had revenue of $30.40 million for the quarter, compared to analyst estimates of $32.27 million. During the same quarter in the prior year, the business earned $0.03 earnings per share. The business’s quarterly revenue was down 9.8% compared to the same quarter last year. On average, equities research analysts predict that Travelzoo Inc. will post $0.44 earnings per share for the current fiscal year.
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Travelzoo Company Profile
Travelzoo Inc (Travelzoo) is a media commerce company. The Company informs over 30 million members in Asia Pacific, Europe and North America, as well as various Website users, about the travel and entertainment deals available from a range of companies. The Company operates through three segments: Asia Pacific, Europe and North America.
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