Travelzoo (NASDAQ:TZOO) Short Interest Update

Travelzoo (NASDAQ:TZOO) saw a significant growth in short interest in the month of June. As of June 15th, there was short interest totalling 91,100 shares, a growth of 26.4% from the May 31st total of 72,100 shares. Approximately 1.2% of the company’s stock are short sold. Based on an average daily volume of 89,600 shares, the short-interest ratio is currently 1.0 days.

Analysts Set New Price Targets

A number of research firms have recently weighed in on TZOO. Barrington Research decreased their price target on shares of Travelzoo from $14.00 to $12.00 and set an “outperform” rating for the company in a research report on Wednesday, April 24th. StockNews.com raised shares of Travelzoo from a “buy” rating to a “strong-buy” rating in a research report on Thursday.

Insider Activity

In other news, major shareholder Azzurro Capital Inc sold 25,000 shares of Travelzoo stock in a transaction that occurred on Tuesday, June 25th. The shares were sold at an average price of $7.80, for a total transaction of $195,000.00. Following the sale, the insider now owns 5,089,871 shares in the company, valued at $39,700,993.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold 82,500 shares of company stock worth $653,225 over the last 90 days. Company insiders own 57.45% of the company’s stock.

Hedge Funds Weigh In On Travelzoo

A number of hedge funds have recently added to or reduced their stakes in the business. O Shaughnessy Asset Management LLC acquired a new position in shares of Travelzoo during the first quarter valued at $132,000. Acadian Asset Management LLC boosted its holdings in shares of Travelzoo by 9.7% during the first quarter. Acadian Asset Management LLC now owns 535,786 shares of the information services provider’s stock valued at $5,451,000 after acquiring an additional 47,352 shares during the period. Hennion & Walsh Asset Management Inc. acquired a new position in shares of Travelzoo during the first quarter valued at $277,000. Quadrature Capital Ltd acquired a new position in shares of Travelzoo during the fourth quarter valued at $445,000. Finally, Hillsdale Investment Management Inc. acquired a new position in shares of Travelzoo during the fourth quarter valued at $171,000. Institutional investors and hedge funds own 27.39% of the company’s stock.

Travelzoo Trading Up 0.7 %

Travelzoo stock traded up $0.05 during mid-day trading on Friday, reaching $7.59. The company’s stock had a trading volume of 64,681 shares, compared to its average volume of 63,157. The firm has a market cap of $99.43 million, a price-to-earnings ratio of 8.34 and a beta of 1.68. The business has a 50 day moving average price of $8.18 and a 200-day moving average price of $8.95. Travelzoo has a twelve month low of $4.77 and a twelve month high of $11.23.

Travelzoo (NASDAQ:TZOO) last released its quarterly earnings data on Wednesday, April 24th. The information services provider reported $0.31 EPS for the quarter, topping analysts’ consensus estimates of $0.29 by $0.02. The firm had revenue of $21.99 million during the quarter, compared to the consensus estimate of $23.72 million. Travelzoo had a net margin of 15.24% and a return on equity of 140.63%. On average, equities analysts expect that Travelzoo will post 0.92 EPS for the current fiscal 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.