Christina Sindoni Ciocca Sells 12,288 Shares of Travelzoo (NASDAQ:TZOO) Stock

Travelzoo (NASDAQ:TZOO) General Counsel Christina Sindoni Ciocca sold 12,288 shares of the company’s stock in a transaction that occurred on Thursday, September 19th. The stock was sold at an average price of $14.35, for a total value of $176,332.80. Following the sale, the general counsel now directly owns 44,623 shares in the company, valued at $640,340.05. The sale was disclosed in a filing with the SEC, which is available through this link.

Travelzoo Trading Up 0.4 %

Shares of NASDAQ:TZOO opened at $14.14 on Friday. Travelzoo has a 12 month low of $4.77 and a 12 month high of $15.23. The company has a market capitalization of $185.21 million, a price-to-earnings ratio of 15.54 and a beta of 1.74. The firm’s 50-day moving average is $11.31 and its 200 day moving average is $9.61.

Travelzoo (NASDAQ:TZOO) last released its earnings results on Thursday, July 25th. The information services provider reported $0.23 EPS for the quarter, beating analysts’ consensus estimates of $0.19 by $0.04. Travelzoo had a return on equity of 170.06% and a net margin of 15.59%. The firm had revenue of $21.14 million for the quarter, compared to analysts’ expectations of $21.58 million. During the same quarter in the prior year, the firm posted $0.17 earnings per share. As a group, equities analysts forecast that Travelzoo will post 0.97 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

TZOO has been the subject of several research reports. Barrington Research reiterated an “outperform” rating and set a $12.00 price objective on shares of Travelzoo in a research report on Friday, July 26th. Ascendiant Capital Markets lifted their price target on Travelzoo from $17.00 to $18.00 and gave the stock a “buy” rating in a research report on Monday, August 19th. StockNews.com cut Travelzoo from a “strong-buy” rating to a “buy” rating in a research note on Thursday, September 12th. Finally, Litchfield Hills Research initiated coverage on Travelzoo in a research note on Wednesday, September 4th. They issued a “buy” rating and a $35.00 price objective for the company.

Institutional Trading of Travelzoo

Hedge funds and other institutional investors have recently bought and sold shares of the business. American Century Companies Inc. bought a new position in shares of Travelzoo in the second quarter worth about $82,000. ClariVest Asset Management LLC grew its stake in Travelzoo by 2.9% in the 2nd quarter. ClariVest Asset Management LLC now owns 97,730 shares of the information services provider’s stock worth $742,000 after acquiring an additional 2,732 shares in the last quarter. Ritholtz Wealth Management bought a new position in Travelzoo in the 2nd quarter worth about $82,000. Hennion & Walsh Asset Management Inc. increased its position in shares of Travelzoo by 73.7% during the second quarter. Hennion & Walsh Asset Management Inc. now owns 47,196 shares of the information services provider’s stock worth $358,000 after acquiring an additional 20,019 shares during the period. Finally, Fermata Advisors LLC bought a new stake in shares of Travelzoo during the second quarter valued at approximately $101,000. 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.