Dimensional Fund Advisors LP Has $5.81 Million Stock Holdings in Travelzoo (NASDAQ:TZOO)

Dimensional Fund Advisors LP reduced its stake in Travelzoo (NASDAQ:TZOO) by 3.7% during the fourth quarter, Holdings Channel.com reports. The fund owned 291,444 shares of the information services provider’s stock after selling 11,188 shares during the period. Dimensional Fund Advisors LP’s holdings in Travelzoo were worth $5,814,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Marshall Wace LLP acquired a new stake in Travelzoo during the 4th quarter valued at approximately $680,000. Raymond James Financial Inc. bought a new stake in shares of Travelzoo in the 4th quarter valued at $1,505,000. Renaissance Technologies LLC increased its position in shares of Travelzoo by 17.9% during the fourth quarter. Renaissance Technologies LLC now owns 710,182 shares of the information services provider’s stock worth $14,168,000 after buying an additional 107,681 shares during the period. Cerity Partners LLC bought a new position in Travelzoo during the fourth quarter worth $671,000. Finally, Sierra Summit Advisors LLC bought a new position in Travelzoo during the fourth quarter worth $394,000. 27.39% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on TZOO. Barrington Research reaffirmed an “outperform” rating and set a $17.00 price target on shares of Travelzoo in a research report on Tuesday, April 29th. Noble Financial restated an “outperform” rating on shares of Travelzoo in a research report on Wednesday, April 30th. Five equities research analysts have rated the stock with a buy rating, According to MarketBeat, the stock has an average rating of “Buy” and an average price target of $25.00.

Travelzoo Price Performance

TZOO stock opened at $14.64 on Monday. The company’s 50-day moving average is $13.44 and its 200-day moving average is $17.32. The stock has a market capitalization of $164.63 million, a PE ratio of 13.68 and a beta of 1.21. Travelzoo has a 1 year low of $7.12 and a 1 year high of $24.85.

Travelzoo (NASDAQ:TZOO) last announced its quarterly earnings results 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 net margin of 16.67% and a return on equity of 210.54%. The business had revenue of $23.14 million for the quarter, compared to the consensus estimate of $22.99 million. On average, analysts anticipate that Travelzoo will post 1.09 earnings per share for the current fiscal year.

Insider Transactions at Travelzoo

In related news, major shareholder Azzurro Capital Inc sold 2,500 shares of Travelzoo stock in a transaction that occurred on Thursday, May 1st. The stock was sold at an average price of $14.43, for a total transaction of $36,075.00. Following the transaction, the insider now owns 4,295,196 shares of the company’s stock, valued at $61,979,678.28. The trade was a 0.06% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Holger Bartel sold 4,000 shares of the stock in a transaction on Wednesday, March 5th. The shares were sold at an average price of $15.42, for a total value of $61,680.00. The disclosure for this sale can be found here. Insiders sold a total of 104,000 shares of company stock valued at $1,507,630 over the last three months. Corporate insiders own 57.45% of the company’s stock.

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.