Aristides Capital LLC Acquires Shares of 11,902 Travelzoo (NASDAQ:TZOO)

Aristides Capital LLC acquired a new position in shares of Travelzoo (NASDAQ:TZOO) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 11,902 shares of the information services provider’s stock, valued at approximately $237,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Wells Fargo & Company MN bought a new position in Travelzoo during the fourth quarter worth about $158,000. Integrated Quantitative Investments LLC bought a new stake in shares of Travelzoo in the fourth quarter valued at approximately $317,000. O Shaughnessy Asset Management LLC boosted its stake in shares of Travelzoo by 66.5% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 113,337 shares of the information services provider’s stock valued at $2,261,000 after buying an additional 45,283 shares during the period. Arrowstreet Capital Limited Partnership acquired a new stake in Travelzoo during the fourth quarter worth approximately $2,102,000. Finally, JPMorgan Chase & Co. increased its stake in Travelzoo by 352.5% during the 4th quarter. JPMorgan Chase & Co. now owns 57,224 shares of the information services provider’s stock worth $1,142,000 after acquiring an additional 44,578 shares during the period. Institutional investors and hedge funds own 27.39% of the company’s stock.

Travelzoo Trading Down 7.3 %

Shares of Travelzoo stock opened at $11.53 on Monday. The company has a market cap of $129.65 million, a PE ratio of 10.78 and a beta of 1.41. The company has a 50 day moving average of $16.85 and a 200-day moving average of $17.30. Travelzoo has a 1-year low of $7.12 and a 1-year high of $24.85.

Travelzoo (NASDAQ:TZOO) last released its earnings results on Wednesday, February 26th. The information services provider reported $0.26 earnings per share for the quarter, hitting the consensus estimate of $0.26. Travelzoo had a return on equity of 210.54% and a net margin of 16.67%. The firm had revenue of $20.68 million during the quarter, compared to analysts’ expectations of $22.06 million. During the same period in the prior year, the company earned $0.23 earnings per share. Research analysts forecast that Travelzoo will post 1.09 earnings per share for the current year.

Insider Buying and Selling at Travelzoo

In related news, CEO Holger Bartel sold 4,000 shares of Travelzoo stock in a transaction that occurred on 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 document filed with the SEC, which is available through the SEC website. Also, major shareholder Azzurro Capital Inc sold 25,000 shares of the company’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 owns 4,297,696 shares of the company’s stock, valued at approximately $57,374,241.60. This represents a 0.58 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 101,500 shares of company stock worth $1,471,555 over the last 90 days. Insiders own 57.45% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Barrington Research reduced their target price on Travelzoo from $25.00 to $17.00 and set an “outperform” rating on the stock in a report on Tuesday, February 25th.

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.