Truffle Hound Capital LLC Acquires Shares of 200,000 Travelzoo (NASDAQ:TZOO)

Truffle Hound Capital LLC purchased a new position in shares of Travelzoo (NASDAQ:TZOO) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 200,000 shares of the information services provider’s stock, valued at approximately $3,990,000. Travelzoo makes up approximately 1.4% of Truffle Hound Capital LLC’s portfolio, making the stock its 22nd biggest position. Truffle Hound Capital LLC owned 1.69% of Travelzoo at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of TZOO. Raymond James Financial Inc. purchased a new stake in shares of Travelzoo during the 4th quarter worth approximately $1,505,000. Jane Street Group LLC purchased a new stake in shares of Travelzoo during the 3rd quarter worth approximately $298,000. Ritholtz Wealth Management boosted its stake in shares of Travelzoo by 57.7% during the 4th quarter. Ritholtz Wealth Management now owns 54,341 shares of the information services provider’s stock worth $1,084,000 after acquiring an additional 19,888 shares in the last quarter. Hennion & Walsh Asset Management Inc. boosted its stake in shares of Travelzoo by 14.7% during the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 145,837 shares of the information services provider’s stock worth $2,909,000 after acquiring an additional 18,651 shares in the last quarter. Finally, Virtu Financial LLC purchased a new stake in shares of Travelzoo during the 3rd quarter worth approximately $173,000. Hedge funds and other institutional investors own 27.39% of the company’s stock.

Analysts Set New Price Targets

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

Travelzoo Price Performance

Shares of Travelzoo stock opened at $13.66 on Friday. Travelzoo has a 1 year low of $7.12 and a 1 year high of $24.85. The company has a market capitalization of $161.24 million, a P/E ratio of 12.77 and a beta of 1.69. The business has a 50 day moving average price of $18.24 and a 200 day moving average price of $17.22.

Travelzoo (NASDAQ:TZOO) last issued its quarterly earnings data on Wednesday, February 26th. The information services provider reported $0.26 earnings per share (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 firm had revenue of $20.68 million during the quarter, compared to the consensus estimate of $22.06 million. During the same period in the previous year, the firm posted $0.23 EPS. As a group, research analysts expect that Travelzoo will post 1.09 EPS for the current fiscal year.

Insider Buying and Selling at Travelzoo

In other Travelzoo news, major shareholder Azzurro Capital Inc sold 20,000 shares of the business’s stock in a transaction on Monday, December 23rd. The stock was sold at an average price of $19.60, for a total value of $392,000.00. Following the completion of the transaction, the insider now directly owns 4,442,696 shares in the company, valued at approximately $87,076,841.60. The trade was a 0.45 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Holger Bartel sold 4,000 shares of the business’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 disclosure for this sale can be found here. In the last three months, insiders sold 64,000 shares of company stock worth $1,064,080. Insiders own 57.45% of the company’s stock.

Travelzoo 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.