JPMorgan Chase & Co. Has $1.14 Million Holdings in Travelzoo (NASDAQ:TZOO)

JPMorgan Chase & Co. lifted its stake in Travelzoo (NASDAQ:TZOO - Free Report) by 352.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 57,224 shares of the information services provider's stock after acquiring an additional 44,578 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.48% of Travelzoo worth $1,142,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of TZOO. Barclays PLC acquired a new position in shares of Travelzoo during the 3rd quarter worth approximately $138,000. Virtu Financial LLC bought a new position in shares of Travelzoo in the third quarter valued at $173,000. American Century Companies Inc. increased its holdings in Travelzoo by 21.3% during the fourth quarter. American Century Companies Inc. now owns 14,144 shares of the information services provider's stock worth $282,000 after buying an additional 2,483 shares during the last quarter. Jane Street Group LLC bought a new stake in Travelzoo during the third quarter worth $298,000. Finally, Geode Capital Management LLC lifted its stake in Travelzoo by 10.6% in the third quarter. Geode Capital Management LLC now owns 82,241 shares of the information services provider's stock valued at $991,000 after acquiring an additional 7,857 shares during the last quarter. Institutional investors own 27.39% of the company's stock.

Travelzoo Price Performance

Travelzoo stock traded up $3.60 during mid-day trading on Tuesday, hitting $16.12. 573,770 shares of the company's stock traded hands, compared to its average volume of 126,608. The firm has a 50 day simple moving average of $13.74 and a two-hundred day simple moving average of $17.24. Travelzoo has a fifty-two week low of $7.12 and a fifty-two week high of $24.85. The stock has a market cap of $181.27 million, a price-to-earnings ratio of 15.07 and a beta of 1.41.

Travelzoo (NASDAQ:TZOO - Get Free Report) last posted its earnings results on Wednesday, April 30th. The information services provider reported $0.25 earnings per share (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%. On average, research analysts anticipate that Travelzoo will post 1.09 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, Barrington Research restated an "outperform" rating and set a $17.00 price objective on shares of Travelzoo in a research note on Tuesday.

Insider Transactions at Travelzoo

In related news, major shareholder Azzurro Capital Inc sold 32,500 shares of the firm's stock in a transaction dated Monday, March 24th. The shares were sold at an average price of $14.33, for a total transaction of $465,725.00. Following the transaction, the insider now directly owns 4,322,696 shares of the company's stock, valued at approximately $61,944,233.68. This trade represents a 0.75 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Holger Bartel sold 4,000 shares of Travelzoo stock in a transaction dated Wednesday, March 5th. The stock was 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 a total of 101,500 shares of company stock worth $1,471,555 over the last quarter. Company 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.