Travelzoo (NASDAQ:TZOO) Short Interest Update

Travelzoo (NASDAQ:TZOO - Get Free Report) saw a significant decline in short interest during the month of March. As of March 15th, there was short interest totalling 250,000 shares, a decline of 20.5% from the February 28th total of 314,500 shares. Based on an average trading volume of 151,700 shares, the days-to-cover ratio is currently 1.6 days. Approximately 3.5% of the company's shares are short sold.

Insider Transactions at Travelzoo

In related news, major shareholder Azzurro Capital Inc sold 25,000 shares of the business's stock in a transaction that occurred on Monday, March 31st. The shares were sold at an average price of $13.35, for a total transaction of $333,750.00. Following the completion of the sale, the insider now directly owns 4,297,696 shares of the company's stock, valued at $57,374,241.60. The trade was a 0.58 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CEO Holger Bartel sold 4,000 shares of the firm's stock in a transaction that occurred 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 a total of 101,500 shares of company stock worth $1,471,555 over the last 90 days. 57.45% of the stock is owned by insiders.

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Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of TZOO. Point72 Asia Singapore Pte. Ltd. bought a new stake in Travelzoo in the 3rd quarter valued at $35,000. Quadrature Capital Ltd bought a new stake in shares of Travelzoo in the third quarter valued at about $134,000. Jane Street Group LLC bought a new position in shares of Travelzoo during the third quarter worth about $298,000. XTX Topco Ltd raised its position in Travelzoo by 103.5% in the 3rd quarter. XTX Topco Ltd now owns 25,274 shares of the information services provider's stock valued at $305,000 after buying an additional 12,854 shares during the last quarter. Finally, Barclays PLC acquired a new position in Travelzoo during the 3rd quarter worth approximately $138,000. Institutional investors own 27.39% of the company's stock.

Wall Street Analyst Weigh In

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 report on Tuesday, February 25th.

Travelzoo Trading Down 7.3 %

Shares of TZOO stock traded down $0.91 on Friday, hitting $11.53. The stock had a trading volume of 193,282 shares, compared to its average volume of 122,169. Travelzoo has a twelve month low of $7.12 and a twelve month high of $24.85. The company has a fifty day moving average price of $16.85 and a two-hundred day moving average price of $17.26. The firm has a market cap of $129.65 million, a P/E ratio of 10.78 and a beta of 1.41.

Travelzoo (NASDAQ:TZOO - Get Free Report) last released its quarterly earnings results on Wednesday, February 26th. The information services provider reported $0.26 EPS 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 company had revenue of $20.68 million for the quarter, compared to analyst estimates of $22.06 million. During the same quarter last year, the firm posted $0.23 earnings per share. On average, analysts expect that Travelzoo will post 1.09 earnings per share for the current year.

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.