Travelzoo (NASDAQ:TZOO) Receives Outperform Rating from Barrington Research

Barrington Research restated their outperform rating on shares of Travelzoo (NASDAQ:TZOO) in a research report released on Tuesday morning,Benzinga reports. Barrington Research currently has a $17.00 target price on the information services provider’s stock.

Travelzoo Price Performance

Travelzoo stock opened at $16.12 on Tuesday. The stock’s fifty day moving average price is $13.70 and its two-hundred day moving average price is $17.23. Travelzoo has a one year low of $7.12 and a one year high of $24.85. The firm has a market cap of $181.27 million, a PE ratio of 15.07 and a beta of 1.41.

Travelzoo (NASDAQ:TZOO) last posted its quarterly earnings data on Wednesday, April 30th. The information services provider reported $0.25 EPS for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.02). Travelzoo had a return on equity of 210.54% and a net margin of 16.67%. Sell-side analysts expect that Travelzoo will post 1.09 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, CEO Holger Bartel sold 4,000 shares of Travelzoo stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of $15.42, for a total value of $61,680.00. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, major shareholder Azzurro Capital Inc sold 40,000 shares of Travelzoo stock in a transaction on Friday, March 7th. The shares were sold at an average price of $15.26, for a total value of $610,400.00. Following the completion of the transaction, the insider now owns 4,382,696 shares in the company, valued at approximately $66,879,940.96. The trade was a 0.90 % decrease in their position. 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 in the last 90 days. Company insiders own 57.45% of the company’s stock.

Hedge Funds Weigh In On Travelzoo

Several hedge funds and other institutional investors have recently modified their holdings of the business. Renaissance Technologies LLC increased its stake in shares of Travelzoo by 17.9% in the 4th quarter. Renaissance Technologies LLC now owns 710,182 shares of the information services provider’s stock valued at $14,168,000 after purchasing an additional 107,681 shares during the last quarter. Truffle Hound Capital LLC acquired a new position in Travelzoo in the 4th quarter worth about $3,990,000. Hennion & Walsh Asset Management Inc. raised its position in Travelzoo by 24.1% in the first quarter. Hennion & Walsh Asset Management Inc. now owns 180,912 shares of the information services provider’s stock valued at $2,466,000 after purchasing an additional 35,075 shares during the last quarter. O Shaughnessy Asset Management LLC boosted its stake in shares of Travelzoo by 66.5% during 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 purchasing an additional 45,283 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership bought a new stake in shares of Travelzoo during the fourth quarter worth about $2,102,000. Institutional investors own 27.39% of the company’s stock.

About Travelzoo

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.