Travelzoo (NASDAQ:TZOO – Get Free Report) major shareholder Azzurro Capital Inc sold 10,000 shares of the company’s stock in a transaction dated Tuesday, November 4th. The stock was sold at an average price of $7.75, for a total transaction of $77,500.00. Following the transaction, the insider owned 3,782,696 shares of the company’s stock, valued at $29,315,894. This represents a 0.26% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Major shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.
Azzurro Capital Inc also recently made the following trade(s):
- On Friday, September 26th, Azzurro Capital Inc sold 25,000 shares of Travelzoo stock. The stock was sold at an average price of $10.06, for a total transaction of $251,500.00.
- On Wednesday, September 24th, Azzurro Capital Inc sold 20,000 shares of Travelzoo stock. The stock was sold at an average price of $10.51, for a total transaction of $210,200.00.
- On Tuesday, September 23rd, Azzurro Capital Inc sold 7,500 shares of Travelzoo stock. The stock was sold at an average price of $10.48, for a total transaction of $78,600.00.
- On Monday, September 15th, Azzurro Capital Inc sold 20,000 shares of Travelzoo stock. The shares were sold at an average price of $9.53, for a total transaction of $190,600.00.
- On Thursday, September 11th, Azzurro Capital Inc sold 15,000 shares of Travelzoo stock. The shares were sold at an average price of $9.58, for a total transaction of $143,700.00.
- On Tuesday, September 2nd, Azzurro Capital Inc sold 5,000 shares of Travelzoo stock. The shares were sold at an average price of $9.95, for a total transaction of $49,750.00.
- On Friday, August 29th, Azzurro Capital Inc sold 7,500 shares of Travelzoo stock. The shares were sold at an average price of $9.94, for a total transaction of $74,550.00.
- On Friday, August 22nd, Azzurro Capital Inc sold 22,500 shares of Travelzoo stock. The shares were sold at an average price of $10.04, for a total transaction of $225,900.00.
- On Thursday, August 21st, Azzurro Capital Inc sold 32,500 shares of Travelzoo stock. The shares were sold at an average price of $9.55, for a total transaction of $310,375.00.
- On Wednesday, August 13th, Azzurro Capital Inc sold 3,700 shares of Travelzoo stock. The shares were sold at an average price of $10.51, for a total transaction of $38,887.00.
Travelzoo Stock Performance
Shares of NASDAQ:TZOO traded down $0.24 during trading hours on Thursday, hitting $7.49. 113,540 shares of the company’s stock traded hands, compared to its average volume of 135,600. Travelzoo has a 52 week low of $7.41 and a 52 week high of $24.85. The company’s fifty day simple moving average is $9.66 and its two-hundred day simple moving average is $11.46. The company has a market cap of $82.19 million, a price-to-earnings ratio of 11.70 and a beta of 0.93.
Wall Street Analysts Forecast Growth
A number of analysts have commented on TZOO shares. Barrington Research reduced their price objective on shares of Travelzoo from $17.00 to $13.00 and set an “outperform” rating for the company in a research note on Wednesday, October 29th. Wall Street Zen lowered shares of Travelzoo from a “buy” rating to a “hold” rating in a research note on Saturday, August 2nd. Zacks Research raised shares of Travelzoo from a “strong sell” rating to a “hold” rating in a research note on Monday, September 22nd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Travelzoo in a research note on Tuesday, October 14th. Finally, Ascendiant Capital Markets increased their price target on shares of Travelzoo from $25.00 to $26.00 and gave the stock a “buy” rating in a research report on Tuesday, August 26th. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $19.50.
Read Our Latest Stock Analysis on TZOO
Institutional Trading of Travelzoo
A number of hedge funds have recently made changes to their positions in TZOO. Millennium Management LLC grew its stake in shares of Travelzoo by 299.8% in the first quarter. Millennium Management LLC now owns 309,097 shares of the information services provider’s stock worth $4,213,000 after acquiring an additional 231,790 shares during the last quarter. Jacobs Levy Equity Management Inc. bought a new position in Travelzoo in the first quarter worth $1,796,000. Geode Capital Management LLC lifted its position in Travelzoo by 113.8% in the second quarter. Geode Capital Management LLC now owns 157,267 shares of the information services provider’s stock worth $2,002,000 after purchasing an additional 83,719 shares during the period. Los Angeles Capital Management LLC bought a new position in Travelzoo in the second quarter worth $702,000. Finally, Marshall Wace LLP bought a new position in Travelzoo in the second quarter worth $504,000. 27.39% of the stock is owned by hedge funds and other institutional investors.
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.
Recommended Stories
- Five stocks we like better than Travelzoo
- What is the Nikkei 225 index?
- Upwork’s Stock Soars on Q3 Blowout and a New AI Blueprint
- What is MarketRank™? How to Use it
- The Metals Market Is Heating Up—4 Stocks Poised to Shine
- How to Choose Top Rated Stocks
- Tempus AI: Volatility Equates to Opportunity in AI Leader
Receive News & Ratings for Travelzoo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Travelzoo and related companies with MarketBeat.com's FREE daily email newsletter.
