Travelzoo (NASDAQ:TZOO) Price Target Increased to $15.00 by Analysts at Barrington Research

Travelzoo (NASDAQ:TZOO - Free Report) had its target price hoisted by Barrington Research from $12.00 to $15.00 in a research note released on Tuesday, Benzinga reports. The firm currently has an outperform rating on the information services provider's stock.

A number of other research firms also recently commented on TZOO. StockNews.com raised Travelzoo from a "buy" rating to a "strong-buy" rating in a report on Wednesday, September 25th. Litchfield Hills Research started coverage on shares of Travelzoo in a research note on Wednesday, September 4th. They set a "buy" rating and a $35.00 target price for the company. Finally, Ascendiant Capital Markets raised their price target on shares of Travelzoo from $17.00 to $18.00 and gave the stock a "buy" rating in a research report on Monday, August 19th.

Travelzoo Price Performance

TZOO traded up $0.37 during trading hours on Tuesday, reaching $12.93. 129,191 shares of the stock traded hands, compared to its average volume of 102,855. Travelzoo has a fifty-two week low of $4.77 and a fifty-two week high of $15.23. The company has a market cap of $169.36 million, a price-to-earnings ratio of 14.21 and a beta of 1.74. The firm's fifty day simple moving average is $12.52 and its two-hundred day simple moving average is $9.94.

Travelzoo (NASDAQ:TZOO - Get Free Report) last announced its earnings results on Thursday, July 25th. The information services provider reported $0.23 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.19 by $0.04. The company had revenue of $21.14 million for the quarter, compared to analyst estimates of $21.58 million. Travelzoo had a return on equity of 170.06% and a net margin of 15.59%. During the same period in the prior year, the company posted $0.17 EPS. On average, research analysts predict that Travelzoo will post 0.97 earnings per share for the current year.

Insider Buying and Selling at Travelzoo

In other news, major shareholder Azzurro Capital Inc sold 22,500 shares of the firm's stock in a transaction on Tuesday, July 30th. The stock was sold at an average price of $10.16, for a total transaction of $228,600.00. Following the transaction, the insider now directly owns 5,037,371 shares of the company's stock, valued at approximately $51,179,689.36. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other Travelzoo news, CEO Holger Bartel sold 13,466 shares of the company's stock in a transaction dated Thursday, August 1st. The shares were sold at an average price of $10.19, for a total value of $137,218.54. Following the completion of the sale, the chief executive officer now directly owns 302,534 shares of the company's stock, valued at approximately $3,082,821.46. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, major shareholder Azzurro Capital Inc sold 22,500 shares of the stock in a transaction that occurred on Tuesday, July 30th. The shares were sold at an average price of $10.16, for a total transaction of $228,600.00. Following the sale, the insider now directly owns 5,037,371 shares of the company's stock, valued at approximately $51,179,689.36. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 379,254 shares of company stock worth $4,459,596. 57.45% of the stock is owned by company insiders.

Institutional Investors Weigh In On Travelzoo

Several hedge funds have recently modified their holdings of TZOO. American Century Companies Inc. purchased a new position in Travelzoo in the 2nd quarter worth about $82,000. Ritholtz Wealth Management acquired a new position in Travelzoo in the 2nd quarter worth approximately $82,000. Fermata Advisors LLC purchased a new position in Travelzoo during the 2nd quarter worth approximately $101,000. O Shaughnessy Asset Management LLC purchased a new position in Travelzoo during the 1st quarter worth approximately $132,000. Finally, Hennion & Walsh Asset Management Inc. purchased a new stake in shares of Travelzoo in the first quarter valued at $277,000. 27.39% of the stock is owned by hedge funds and other institutional investors.

About Travelzoo

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.