Christian Alexander Smart Acquires 4,000 Shares of Travelzoo (TZOO) Stock

Travelzoo (NASDAQ:TZOO) insider Christian Alexander Smart acquired 4,000 shares of the business’s stock in a transaction dated Tuesday, November 6th. The shares were bought at an average price of $9.14 per share, for a total transaction of $36,560.00. Following the acquisition, the insider now owns 2,000 shares of the company’s stock, valued at $18,280. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Shares of TZOO traded down $0.34 during mid-day trading on Friday, hitting $9.27. 3,155 shares of the company traded hands, compared to its average volume of 134,636. Travelzoo has a 1-year low of $5.75 and a 1-year high of $21.15. The company has a market cap of $119.05 million, a P/E ratio of 37.81 and a beta of 1.21.

Travelzoo (NASDAQ:TZOO) last posted its quarterly earnings data on Wednesday, October 24th. The information services provider reported $0.01 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.03 by ($0.02). Travelzoo had a net margin of 3.39% and a return on equity of 20.97%. The company had revenue of $25.30 million for the quarter, compared to analyst estimates of $26.80 million. During the same quarter last year, the company earned ($0.05) EPS. The business’s revenue was up 2.5% compared to the same quarter last year.

Separately, ValuEngine downgraded shares of Travelzoo from a “buy” rating to a “hold” rating in a report on Wednesday, October 24th.

Several institutional investors and hedge funds have recently bought and sold shares of the company. Engineers Gate Manager LP purchased a new stake in Travelzoo in the second quarter valued at approximately $174,000. Bank of New York Mellon Corp purchased a new stake in Travelzoo in the second quarter valued at approximately $250,000. Mackay Shields LLC purchased a new stake in Travelzoo in the second quarter valued at approximately $354,000. Connor Clark & Lunn Investment Management Ltd. boosted its position in Travelzoo by 63.6% in the second quarter. Connor Clark & Lunn Investment Management Ltd. now owns 22,824 shares of the information services provider’s stock valued at $390,000 after buying an additional 8,875 shares during the last quarter. Finally, O Shaughnessy Asset Management LLC boosted its position in Travelzoo by 100.9% in the third quarter. O Shaughnessy Asset Management LLC now owns 22,977 shares of the information services provider’s stock valued at $272,000 after buying an additional 11,539 shares during the last quarter. Hedge funds and other institutional investors own 32.33% of the company’s stock.

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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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