Travelzoo (NASDAQ:TZOO) Stock Crosses Above 200 Day Moving Average - Should You Sell?

Travelzoo (NASDAQ:TZOO - Get Free Report) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $10.58 and traded as high as $17.45. Travelzoo shares last traded at $17.07, with a volume of 142,882 shares traded.

Wall Street Analysts Forecast Growth

TZOO has been the topic of several recent research reports. Barrington Research lifted their price objective on shares of Travelzoo from $12.00 to $15.00 and gave the company an "outperform" rating in a research report on Tuesday, October 22nd. StockNews.com lowered shares of Travelzoo from a "strong-buy" rating to a "buy" rating in a research report on Friday, November 1st. Ascendiant Capital Markets increased their price target on Travelzoo from $17.00 to $18.00 and gave the company a "buy" rating in a research note on Monday, August 19th. Finally, Litchfield Hills Research assumed coverage on shares of Travelzoo in a research report on Wednesday, September 4th. They issued a "buy" rating and a $35.00 price target on the stock.

Travelzoo Price Performance

The stock has a market cap of $209.79 million, a price-to-earnings ratio of 15.95 and a beta of 1.69. The business has a fifty day moving average of $13.80 and a 200 day moving average of $10.63.

Travelzoo (NASDAQ:TZOO - Get Free Report) last announced its earnings results on Wednesday, October 23rd. The information services provider reported $0.26 EPS for the quarter, topping the consensus estimate of $0.20 by $0.06. The firm had revenue of $20.10 million for the quarter, compared to the consensus estimate of $21.15 million. Travelzoo had a net margin of 16.67% and a return on equity of 174.97%. During the same quarter last year, the firm posted $0.16 EPS. On average, analysts expect that Travelzoo will post 1.09 EPS for the current year.

Travelzoo declared that its Board of Directors has approved a stock repurchase program on Wednesday, October 23rd that allows the company to repurchase 1,000,000 outstanding shares. This repurchase authorization allows the information services provider to repurchase shares of its stock through open market purchases. Shares repurchase programs are often a sign that the company's board of directors believes its shares are undervalued.

Insider Buying and Selling at Travelzoo

In other news, CEO Holger Bartel sold 20,000 shares of Travelzoo stock in a transaction that occurred on Friday, August 16th. The shares were sold at an average price of $11.91, for a total value of $238,200.00. Following the sale, the chief executive officer now directly owns 260,000 shares in the company, valued at $3,096,600. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other Travelzoo news, major shareholder Azzurro Capital Inc sold 15,000 shares of Travelzoo stock in a transaction that occurred on Wednesday, September 18th. The stock was sold at an average price of $14.72, for a total value of $220,800.00. Following the completion of the sale, the insider now directly owns 4,960,196 shares in the company, valued at approximately $73,014,085.12. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Holger Bartel sold 20,000 shares of Travelzoo stock in a transaction that occurred on Friday, August 16th. The shares were 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 trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 434,788 shares of company stock worth $5,732,583. 57.45% of the stock is currently owned by insiders.

Institutional Trading of Travelzoo

A number of hedge funds and other institutional investors have recently bought and sold shares of TZOO. Hennion & Walsh Asset Management Inc. increased its holdings in shares of Travelzoo by 169.5% in the third quarter. Hennion & Walsh Asset Management Inc. now owns 127,186 shares of the information services provider's stock worth $1,533,000 after buying an additional 79,990 shares during the period. Acadian Asset Management LLC raised its position in shares of Travelzoo by 9.7% in the 1st quarter. Acadian Asset Management LLC now owns 535,786 shares of the information services provider's stock worth $5,451,000 after acquiring an additional 47,352 shares in the last quarter. O Shaughnessy Asset Management LLC bought a new stake in shares of Travelzoo during the first quarter valued at approximately $132,000. Ritholtz Wealth Management grew its position in shares of Travelzoo by 217.4% in the 3rd quarter. Ritholtz Wealth Management now owns 34,453 shares of the information services provider's stock worth $415,000 after buying an additional 23,599 shares during the period. Finally, American Century Companies Inc. purchased a new stake in Travelzoo in the second quarter worth about $82,000. Institutional investors own 27.39% of the company's stock.

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.