33,623 Shares in Travelzoo (NASDAQ:TZOO) Bought by Cerity Partners LLC

Cerity Partners LLC purchased a new stake in Travelzoo (NASDAQ:TZOO - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 33,623 shares of the information services provider's stock, valued at approximately $671,000. Cerity Partners LLC owned 0.28% of Travelzoo as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently modified their holdings of the business. Truffle Hound Capital LLC bought a new position in Travelzoo during the 4th quarter worth $3,990,000. Arrowstreet Capital Limited Partnership acquired a new stake in shares of Travelzoo in the fourth quarter valued at about $2,102,000. Raymond James Financial Inc. bought a new position in shares of Travelzoo during the fourth quarter worth about $1,505,000. O Shaughnessy Asset Management LLC lifted its stake in shares of Travelzoo by 66.5% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 113,337 shares of the information services provider's stock worth $2,261,000 after acquiring an additional 45,283 shares during the period. Finally, JPMorgan Chase & Co. boosted its holdings in Travelzoo by 352.5% in the fourth quarter. JPMorgan Chase & Co. now owns 57,224 shares of the information services provider's stock valued at $1,142,000 after acquiring an additional 44,578 shares during the last quarter. Institutional investors own 27.39% of the company's stock.

Analysts Set New Price Targets

Separately, Barrington Research restated an "outperform" rating and set a $17.00 price target on shares of Travelzoo in a report on Wednesday.

Travelzoo Stock Performance

Shares of TZOO stock traded up $0.22 during mid-day trading on Friday, hitting $13.33. The company's stock had a trading volume of 14,176 shares, compared to its average volume of 123,749. The company has a market cap of $149.90 million, a PE ratio of 12.46 and a beta of 1.41. The company's fifty day simple moving average is $14.04 and its 200-day simple moving average is $17.16. Travelzoo has a 52 week low of $7.12 and a 52 week high of $24.85.

Travelzoo (NASDAQ:TZOO - Get Free Report) last issued its earnings results on Wednesday, February 26th. The information services provider reported $0.26 earnings per share for the quarter, hitting analysts' consensus estimates of $0.26. Travelzoo had a return on equity of 210.54% and a net margin of 16.67%. The business had revenue of $20.68 million during the quarter, compared to the consensus estimate of $22.06 million. During the same period in the previous year, the company posted $0.23 earnings per share. On average, equities analysts anticipate that Travelzoo will post 1.09 earnings per share for the current year.

Insider Activity

In other Travelzoo news, major shareholder Azzurro Capital Inc sold 40,000 shares of the firm's 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 sale, the insider now directly owns 4,382,696 shares in the company, valued at approximately $66,879,940.96. This trade represents a 0.90 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Holger Bartel sold 4,000 shares of Travelzoo stock in a transaction on Wednesday, March 5th. The shares were sold at an average price of $15.42, for a total transaction of $61,680.00. The disclosure for this sale can be found here. Insiders sold 101,500 shares of company stock worth $1,471,555 in the last quarter. 57.45% of the stock is owned by corporate insiders.

Travelzoo Company 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.