Travelzoo (NASDAQ:TZOO) Short Interest Update

Travelzoo (NASDAQ:TZOO) was the target of a significant decrease in short interest in March. As of March 15th, there was short interest totalling 250,000 shares, a decrease of 20.5% from the February 28th total of 314,500 shares. Based on an average daily trading volume, of 151,700 shares, the days-to-cover ratio is presently 1.6 days. Approximately 3.5% of the shares of the stock are short sold.

Travelzoo Trading Up 0.1 %

Shares of NASDAQ:TZOO opened at $13.63 on Tuesday. The business has a 50-day moving average price of $17.50 and a 200 day moving average price of $17.36. Travelzoo has a 12-month low of $7.12 and a 12-month high of $24.85. The company has a market capitalization of $153.27 million, a price-to-earnings ratio of 12.74 and a beta of 1.69.

Travelzoo (NASDAQ:TZOO) last issued its quarterly earnings data on Wednesday, February 26th. The information services provider reported $0.26 EPS for the quarter, hitting the consensus estimate of $0.26. Travelzoo had a net margin of 16.67% and a return on equity of 210.54%. The firm had revenue of $20.68 million for the quarter, compared to analyst estimates of $22.06 million. During the same period in the prior year, the business posted $0.23 EPS. As a group, equities research analysts predict that Travelzoo will post 1.09 earnings per share for the current fiscal year.

Insider Transactions at Travelzoo

In other news, major shareholder Azzurro Capital Inc sold 25,000 shares of the business’s stock in a transaction that occurred on Monday, March 31st. The stock was sold at an average price of $13.35, for a total transaction of $333,750.00. Following the transaction, the insider now directly owns 4,297,696 shares in the company, valued at $57,374,241.60. The trade was a 0.58 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Holger Bartel sold 4,000 shares of the stock in a transaction that occurred on Wednesday, March 5th. The shares were sold at an average price of $15.42, for a total value of $61,680.00. The disclosure for this sale can be found here. Insiders sold 101,500 shares of company stock valued at $1,471,555 over the last 90 days. 57.45% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of Travelzoo in the 3rd quarter valued at $35,000. Quadrature Capital Ltd purchased a new stake in Travelzoo during the third quarter worth about $134,000. Jane Street Group LLC acquired a new stake in shares of Travelzoo during the third quarter worth about $298,000. XTX Topco Ltd boosted its stake in shares of Travelzoo by 103.5% in the third quarter. XTX Topco Ltd now owns 25,274 shares of the information services provider’s stock valued at $305,000 after purchasing an additional 12,854 shares during the period. Finally, Barclays PLC acquired a new position in shares of Travelzoo in the third quarter valued at approximately $138,000. 27.39% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, Barrington Research dropped their price objective on shares of Travelzoo from $25.00 to $17.00 and set an “outperform” rating for the company in a report on Tuesday, February 25th.

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.