Travelzoo (NASDAQ:TZOO) Shares Pass Above 200-Day Moving Average of $9.14

Travelzoo (NASDAQ:TZOO - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $9.14 and traded as high as $12.21. Travelzoo shares last traded at $11.99, with a volume of 100,398 shares traded.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on TZOO. StockNews.com lowered Travelzoo from a "strong-buy" rating to a "buy" rating in a research report on Monday, July 29th. Ascendiant Capital Markets increased their target price on Travelzoo from $17.00 to $18.00 and gave the company a "buy" rating in a report on Monday, August 19th. Finally, Barrington Research reissued an "outperform" rating and issued a $12.00 target price on shares of Travelzoo in a report on Friday, July 26th.

Travelzoo Stock Up 0.7 %

The stock has a market cap of $148.34 million, a PE ratio of 13.33 and a beta of 1.74. The firm has a fifty day moving average of $9.52 and a 200 day moving average of $9.14.

Travelzoo (NASDAQ:TZOO - Get Free Report) last posted its earnings results on Thursday, July 25th. The information services provider reported $0.23 EPS for the quarter, beating the consensus estimate of $0.19 by $0.04. The firm 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 quarter in the prior year, the company posted $0.17 earnings per share. On average, equities research analysts forecast that Travelzoo will post 0.95 EPS for the current fiscal year.

Insider Transactions at Travelzoo

In other news, CEO Holger Bartel sold 20,000 shares of Travelzoo stock in a transaction dated Friday, August 16th. The stock was sold at an average price of $11.91, for a total transaction of $238,200.00. Following the sale, the chief executive officer now owns 260,000 shares in the company, valued at $3,096,600. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, major shareholder Azzurro Capital Inc sold 15,000 shares of Travelzoo stock in a transaction dated Thursday, August 8th. The stock was sold at an average price of $10.50, for a total transaction of $157,500.00. Following the sale, the insider now owns 5,018,871 shares in the company, valued at $52,698,145.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Holger Bartel sold 20,000 shares of the firm's stock in a transaction dated Friday, August 16th. The stock was sold at an average price of $11.91, for a total value of $238,200.00. Following the transaction, the chief executive officer now directly owns 260,000 shares in the company, valued at approximately $3,096,600. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 149,466 shares of company stock worth $1,510,039. Corporate insiders own 57.45% of the company's stock.

Hedge Funds Weigh In On Travelzoo

Hedge funds and other institutional investors have recently made changes to their positions in the stock. American Century Companies Inc. purchased a new position in shares of Travelzoo during the second quarter worth about $82,000. Ritholtz Wealth Management purchased a new position in shares of Travelzoo during the second quarter worth about $82,000. O Shaughnessy Asset Management LLC purchased a new position in shares of Travelzoo during the first quarter worth about $132,000. Fermata Advisors LLC purchased a new position in shares of Travelzoo during the second quarter worth about $101,000. Finally, Hillsdale Investment Management Inc. purchased a new position in shares of Travelzoo during the fourth quarter worth about $171,000. Hedge funds and other institutional investors own 27.39% of the company's stock.

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.