Travelzoo (NASDAQ:TZOO) Shares Purchased by Renaissance Technologies LLC

Renaissance Technologies LLC raised its position in Travelzoo (NASDAQ:TZOO - Free Report) by 17.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 710,182 shares of the information services provider's stock after purchasing an additional 107,681 shares during the period. Renaissance Technologies LLC owned about 6.02% of Travelzoo worth $14,168,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of TZOO. Wells Fargo & Company MN acquired a new position in shares of Travelzoo in the fourth quarter valued at approximately $158,000. Barclays PLC acquired a new position in Travelzoo in the 3rd quarter valued at $138,000. Aristides Capital LLC purchased a new position in shares of Travelzoo during the 4th quarter worth $237,000. American Century Companies Inc. boosted its holdings in shares of 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 purchasing an additional 2,483 shares during the last quarter. Finally, Virtu Financial LLC purchased a new stake in shares of Travelzoo in the third quarter valued at $173,000. 27.39% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Travelzoo

In other news, CEO Holger Bartel sold 4,000 shares of the firm's stock in a transaction on Wednesday, March 5th. The shares were sold at an average price of $15.42, for a total value of $61,680.00. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, major shareholder Azzurro Capital Inc sold 32,500 shares of Travelzoo stock in a transaction on 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 owns 4,322,696 shares in the company, valued at $61,944,233.68. The trade was a 0.75 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 101,500 shares of company stock valued at $1,471,555 over the last ninety days. Corporate insiders own 57.45% of the company's stock.

Travelzoo Stock Down 1.6 %

Shares of NASDAQ TZOO traded down $0.19 during trading on Friday, hitting $12.01. 49,604 shares of the company traded hands, compared to its average volume of 124,007. The firm has a market capitalization of $135.05 million, a P/E ratio of 11.22 and a beta of 1.41. The company has a 50-day moving average price of $14.71 and a 200-day moving average price of $17.21. Travelzoo has a 1 year low of $7.12 and a 1 year high of $24.85.

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

Analyst Upgrades and Downgrades

Separately, Barrington Research reduced their target price on Travelzoo from $25.00 to $17.00 and set an "outperform" rating on the stock in a research report on Tuesday, February 25th.

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.