Azzurro Capital Inc Sells 20,000 Shares of Travelzoo (TZOO) Stock

Travelzoo (NASDAQ:TZOO) major shareholder Azzurro Capital Inc sold 20,000 shares of the business’s stock in a transaction dated Wednesday, October 24th. The shares were sold at an average price of $8.08, for a total value of $161,600.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Major shareholders that own 10% or more 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, October 26th, Azzurro Capital Inc sold 50,000 shares of Travelzoo stock. The shares were sold at an average price of $7.65, for a total value of $382,500.00.
  • On Monday, October 29th, Azzurro Capital Inc sold 170,000 shares of Travelzoo stock. The shares were sold at an average price of $7.70, for a total value of $1,309,000.00.
  • On Thursday, August 30th, Azzurro Capital Inc sold 15,000 shares of Travelzoo stock. The shares were sold at an average price of $12.47, for a total value of $187,050.00.
  • On Monday, August 20th, Azzurro Capital Inc sold 9,141 shares of Travelzoo stock. The shares were sold at an average price of $13.15, for a total value of $120,204.15.
  • On Thursday, August 2nd, Azzurro Capital Inc sold 82,709 shares of Travelzoo stock. The shares were sold at an average price of $13.32, for a total value of $1,101,683.88.

Shares of NASDAQ TZOO traded down $0.57 during midday trading on Monday, reaching $7.43. The company had a trading volume of 265,883 shares, compared to its average volume of 97,358. Travelzoo has a one year low of $5.75 and a one year high of $21.15. The firm has a market cap of $98.27 million, a PE ratio of 30.77 and a beta of 0.58.



Travelzoo (NASDAQ:TZOO) last released its earnings results on Wednesday, October 24th. The information services provider reported $0.01 earnings per share for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.02). Travelzoo had a net margin of 3.39% and a return on equity of 20.71%. The company had revenue of $25.30 million during the quarter, compared to the consensus estimate of $26.80 million. During the same period last year, the firm posted ($0.05) EPS. The company’s revenue was up 2.5% on a year-over-year basis.

Separately, ValuEngine lowered Travelzoo from a “buy” rating to a “hold” rating in a research note on Wednesday, October 24th.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in TZOO. Acadian Asset Management LLC lifted its stake in shares of Travelzoo by 2,027.9% in the 2nd quarter. Acadian Asset Management LLC now owns 135,295 shares of the information services provider’s stock valued at $2,312,000 after acquiring an additional 128,937 shares during the last quarter. Algert Global LLC raised its position in Travelzoo by 362.0% during the 2nd quarter. Algert Global LLC now owns 122,147 shares of the information services provider’s stock valued at $2,089,000 after purchasing an additional 95,709 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. raised its position in Travelzoo by 63.6% during the 2nd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 22,824 shares of the information services provider’s stock valued at $390,000 after purchasing an additional 8,875 shares during the last quarter. Engineers Gate Manager LP bought a new position in Travelzoo during the 2nd quarter valued at approximately $174,000. Finally, EAM Investors LLC bought a new position in Travelzoo during the 2nd quarter valued at approximately $910,000. 32.33% of the stock is owned by institutional investors.

Travelzoo Company Profile

Travelzoo Inc, together with its subsidiaries, provides travel, entertainment, and local deals from travel and entertainment companies, and local businesses in the Asia Pacific, Europe, and North America. The company's publications and products include Travelzoo Websites; Travelzoo iPhone and Android applications; Travelzoo Top 20 email newsletter; and Newsflash email alert service.

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Insider Buying and Selling by Quarter for Travelzoo (NASDAQ:TZOO)

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