Travelzoo (NASDAQ:TZOO) CEO Holger Bartel Sells 100,000 Shares

Travelzoo (NASDAQ:TZOO) CEO Holger Bartel sold 100,000 shares of the stock in a transaction on Thursday, September 26th. The stock was sold at an average price of $11.44, for a total value of $1,144,000.00. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.

Holger Bartel also recently made the following trade(s):

• On Wednesday, September 18th, Holger Bartel sold 100,000 shares of Travelzoo stock. The shares were sold at an average price of $11.44, for a total value of $1,144,000.00.
• On Friday, August 16th, Holger Bartel sold 20,000 shares of Travelzoo stock. The stock was sold at an average price of $11.91, for a total value of $238,200.00.
• On Monday, August 19th, Holger Bartel sold 30,000 shares of Travelzoo stock. The stock was sold at an average price of $12.26, for a total value of $367,800.00.
• On Thursday, August 1st, Holger Bartel sold 13,466 shares of Travelzoo stock. The shares were sold at an average price of $10.19, for a total transaction of $137,218.54.

Travelzoo Trading Down 4.1 %

NASDAQ TZOO opened at $12.05 on Tuesday. Travelzoo has a 1 year low of $4.77 and a 1 year high of $15.23. The company has a fifty day simple moving average of $11.80 and a 200 day simple moving average of $9.74. The company has a market cap of $148.09 million, a P/E ratio of 13.24 and a beta of 1.74.

Travelzoo (NASDAQ:TZOO) last released its quarterly earnings results on Thursday, July 25th. The information services provider reported $0.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.19 by $0.04. The company had revenue of $21.14 million during the quarter, compared to analysts’ expectations of $21.58 million. Travelzoo had a net margin of 15.59% and a return on equity of 170.06%. During the same period in the prior year, the company earned $0.17 earnings per share. Equities research analysts forecast that Travelzoo will post 0.97 EPS for the current fiscal year.

Institutional Trading of Travelzoo

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TZOO. Acadian Asset Management LLC boosted its position in shares of Travelzoo by 9.7% in the first quarter. Acadian Asset Management LLC now owns 535,786 shares of the information services provider’s stock valued at $5,451,000 after acquiring an additional 47,352 shares during the period. Quadrature Capital Ltd bought a new stake in Travelzoo in the 4th quarter valued at $445,000. Hennion & Walsh Asset Management Inc. bought a new stake in Travelzoo in the 1st quarter valued at $277,000. Fermata Advisors LLC acquired a new stake in Travelzoo in the 2nd quarter worth $101,000. Finally, O Shaughnessy Asset Management LLC bought a new stake in shares of Travelzoo in the first quarter valued at about $132,000. Institutional investors and hedge funds own 27.39% of the company’s stock.

Analyst Ratings Changes

TZOO has been the topic of several analyst reports. Barrington Research restated an “outperform” rating and set a $12.00 price target on shares of Travelzoo in a report on Friday, July 26th. Litchfield Hills Research started coverage on Travelzoo in a report on Wednesday, September 4th. They set a “buy” rating and a $35.00 target price on the stock. Ascendiant Capital Markets boosted their price target on Travelzoo from $17.00 to $18.00 and gave the stock a “buy” rating in a research report on Monday, August 19th. Finally, StockNews.com raised Travelzoo from a “buy” rating to a “strong-buy” rating in a report on Wednesday, September 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.