Travelzoo (NASDAQ:TZOO) CEO Holger Bartel Sells 3,000 Shares

Travelzoo (NASDAQ:TZOOGet Rating) CEO Holger Bartel sold 3,000 shares of the stock in a transaction on Tuesday, May 10th. The stock was sold at an average price of $6.43, for a total transaction of $19,290.00. Following the completion of the sale, the chief executive officer now directly owns 511,467 shares of the company’s stock, valued at $3,288,732.81. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Holger Bartel also recently made the following trade(s):

  • On Monday, May 2nd, Holger Bartel sold 7,000 shares of Travelzoo stock. The stock was sold at an average price of $7.40, for a total transaction of $51,800.00.
  • On Friday, April 29th, Holger Bartel sold 4,500 shares of Travelzoo stock. The stock was sold at an average price of $6.96, for a total transaction of $31,320.00.
  • On Wednesday, April 27th, Holger Bartel sold 13,600 shares of Travelzoo stock. The shares were sold at an average price of $6.69, for a total transaction of $90,984.00.

TZOO stock traded up $0.12 during trading on Thursday, hitting $6.60. 107,509 shares of the company’s stock traded hands, compared to its average volume of 86,243. Travelzoo has a 52 week low of $5.20 and a 52 week high of $18.47. The business has a fifty day simple moving average of $6.47 and a 200 day simple moving average of $8.66. The stock has a market capitalization of $79.57 million, a price-to-earnings ratio of 17.58 and a beta of 1.56.

Travelzoo (NASDAQ:TZOOGet Rating) last released its earnings results on Tuesday, April 26th. The information services provider reported $0.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.04 by $0.15. Travelzoo had a net margin of 7.67% and a negative return on equity of 1,142.83%. During the same period last year, the firm posted ($0.14) earnings per share. As a group, analysts expect that Travelzoo will post 0.65 earnings per share for the current year.

Several equities analysts recently weighed in on TZOO shares. Ascendiant Capital Markets cut shares of Travelzoo from a “buy” rating to a “hold” rating in a research note on Friday, March 18th. Zacks Investment Research raised shares of Travelzoo from a “hold” rating to a “strong-buy” rating and set a $7.25 target price for the company in a research note on Wednesday. Finally, StockNews.com started coverage on shares of Travelzoo in a research report on Thursday, March 31st. They set a “buy” rating for the company. One investment analyst has rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Travelzoo has an average rating of “Buy” and an average price target of $13.13.

Several institutional investors have recently added to or reduced their stakes in the company. Cetera Advisor Networks LLC bought a new stake in shares of Travelzoo in the 1st quarter worth about $131,000. Bank of New York Mellon Corp lifted its holdings in shares of Travelzoo by 2.0% in the 1st quarter. Bank of New York Mellon Corp now owns 86,070 shares of the information services provider’s stock worth $564,000 after acquiring an additional 1,690 shares during the last quarter. Essex Investment Management Co. LLC increased its stake in Travelzoo by 4.9% in the 1st quarter. Essex Investment Management Co. LLC now owns 103,901 shares of the information services provider’s stock worth $682,000 after buying an additional 4,844 shares during the period. BlackRock Inc. increased its stake in Travelzoo by 1.8% in the 4th quarter. BlackRock Inc. now owns 139,297 shares of the information services provider’s stock worth $1,313,000 after buying an additional 2,436 shares during the period. Finally, State of Tennessee Treasury Department increased its stake in Travelzoo by 30.0% in the 4th quarter. State of Tennessee Treasury Department now owns 26,000 shares of the information services provider’s stock worth $245,000 after buying an additional 6,000 shares during the period. Hedge funds and other institutional investors own 34.22% of the company’s stock.

About Travelzoo (Get Rating)

Travelzoo, an Internet media company, provides travel, entertainment, and local deals from travel and entertainment companies, and local businesses in the Asia Pacific, Europe, and North America. Its publications and products include Travelzoo Website; Travelzoo iPhone and Android apps; Travelzoo Top 20 email newsletter; and Newsflash email alert service.

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