Holger Bartel Sells 13,466 Shares of Travelzoo (NASDAQ:TZOO) Stock

Travelzoo (NASDAQ:TZOO) CEO Holger Bartel sold 13,466 shares of the company’s stock in a transaction on Thursday, August 1st. The shares were sold at an average price of $10.19, for a total value of $137,218.54. Following the completion of the sale, the chief executive officer now owns 302,534 shares in the company, valued at $3,082,821.46. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Travelzoo Stock Down 3.4 %

Shares of NASDAQ:TZOO traded down $0.34 during mid-day trading on Monday, reaching $9.52. 164,763 shares of the stock were exchanged, compared to its average volume of 96,570. The company has a market cap of $124.69 million, a P/E ratio of 10.84 and a beta of 1.74. Travelzoo has a one year low of $4.77 and a one year high of $11.23. The stock’s 50 day simple moving average is $8.21 and its 200-day simple moving average is $8.78.

Travelzoo (NASDAQ:TZOO) last posted its quarterly earnings data on Thursday, July 25th. The information services provider reported $0.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.19 by $0.04. The business had revenue of $21.14 million during the quarter, compared to the consensus estimate of $21.58 million. Travelzoo had a return on equity of 157.07% and a net margin of 15.59%. During the same period last year, the company earned $0.17 earnings per share. Analysts anticipate that Travelzoo will post 0.95 EPS for the current fiscal year.

Wall Street Analyst Weigh In

TZOO has been the topic of a number of analyst reports. Barrington Research reiterated an “outperform” rating and issued a $12.00 price target on shares of Travelzoo in a research report on Friday, July 26th. StockNews.com lowered Travelzoo from a “strong-buy” rating to a “buy” rating in a research note on Monday, July 29th.

Institutional Trading of Travelzoo

Several hedge funds have recently added to or reduced their stakes in TZOO. Hennion & Walsh Asset Management Inc. acquired a new position in Travelzoo during the 1st quarter worth about $277,000. Quadrature Capital Ltd acquired a new position in Travelzoo during the 4th quarter worth about $445,000. Jump Financial LLC lifted its holdings in Travelzoo by 46.4% during the 4th quarter. Jump Financial LLC now owns 30,900 shares of the information services provider’s stock worth $294,000 after buying an additional 9,800 shares during the period. Acadian Asset Management LLC lifted its stake in shares of Travelzoo by 9.7% in the 1st quarter. Acadian Asset Management LLC now owns 535,786 shares of the information services provider’s stock valued at $5,451,000 after purchasing an additional 47,352 shares during the period. Finally, Janiczek Wealth Management LLC acquired a new position in shares of Travelzoo in the 4th quarter valued at about $275,000. 27.39% of the stock is owned by institutional investors and hedge funds.

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.