O Shaughnessy Asset Management LLC Acquires 45,283 Shares of Travelzoo (NASDAQ:TZOO)

O Shaughnessy Asset Management LLC raised its holdings in Travelzoo (NASDAQ:TZOO) by 66.5% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 113,337 shares of the information services provider’s stock after buying an additional 45,283 shares during the period. O Shaughnessy Asset Management LLC owned about 0.96% of Travelzoo worth $2,261,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in TZOO. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Travelzoo during the 3rd quarter worth approximately $35,000. Quadrature Capital Ltd bought a new position in shares of Travelzoo in the third quarter valued at about $134,000. Barclays PLC acquired a new stake in shares of Travelzoo during the 3rd quarter worth about $138,000. Virtu Financial LLC bought a new stake in shares of Travelzoo during the 3rd quarter worth about $173,000. Finally, American Century Companies Inc. grew its stake in Travelzoo by 21.3% in the 4th quarter. American Century Companies Inc. now owns 14,144 shares of the information services provider’s stock valued at $282,000 after buying an additional 2,483 shares during the last quarter. 27.39% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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

Insider Buying and Selling at Travelzoo

In other Travelzoo news, CEO Holger Bartel sold 4,000 shares of the stock in a transaction dated Wednesday, March 5th. The shares were sold at an average price of $15.42, for a total transaction of $61,680.00. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, major shareholder Azzurro Capital Inc sold 32,500 shares of the business’s stock in a transaction that occurred on Monday, March 24th. The shares were sold at an average price of $14.33, for a total transaction of $465,725.00. Following the completion of the transaction, the insider now owns 4,322,696 shares of the company’s stock, valued at $61,944,233.68. The trade was a 0.75 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 101,500 shares of company stock valued at $1,471,555 in the last three months. Corporate insiders own 57.45% of the company’s stock.

Travelzoo Stock Performance

TZOO stock opened at $11.53 on Friday. Travelzoo has a 52 week low of $7.12 and a 52 week high of $24.85. The company has a market capitalization of $129.65 million, a PE ratio of 10.78 and a beta of 1.41. The company’s 50-day simple moving average is $16.85 and its 200 day simple moving average is $17.26.

Travelzoo (NASDAQ:TZOO) last announced its earnings results on Wednesday, February 26th. The information services provider reported $0.26 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.26. The firm had revenue of $20.68 million for the quarter, compared to analyst estimates of $22.06 million. Travelzoo had a net margin of 16.67% and a return on equity of 210.54%. During the same quarter in the prior year, the business posted $0.23 EPS. On average, analysts forecast that Travelzoo will post 1.09 EPS for the current year.

Travelzoo 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.