Zacks: Travelzoo (NASDAQ:TZOO) Given Average Recommendation of “Hold” by Analysts

Shares of Travelzoo (NASDAQ:TZOO) have been assigned an average broker rating score of 3.00 (Hold) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One investment analyst has rated the stock with a hold rating.

Zacks has also given Travelzoo an industry rank of 58 out of 254 based on the ratings given to its competitors.

Separately, ValuEngine cut shares of Travelzoo from a “buy” rating to a “hold” rating in a report on Thursday, April 2nd.

NASDAQ TZOO traded up $0.83 during trading on Monday, hitting $7.26. 262,125 shares of the company’s stock traded hands, compared to its average volume of 208,314. Travelzoo has a 12-month low of $3.04 and a 12-month high of $18.31. The stock has a market capitalization of $72.73 million, a price-to-earnings ratio of 18.37 and a beta of 1.80. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.03 and a current ratio of 1.03. The business has a 50 day moving average of $5.67 and a 200-day moving average of $7.96.

In other news, major shareholder Azzurro Capital Inc sold 111,575 shares of Travelzoo stock in a transaction dated Monday, March 30th. The stock was sold at an average price of $3.43, for a total value of $382,702.25. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In the last ninety days, insiders sold 512,983 shares of company stock valued at $1,841,542. 55.58% of the stock is owned by insiders.

Several institutional investors have recently added to or reduced their stakes in the business. Acadian Asset Management LLC lifted its holdings in Travelzoo by 3.7% in the 4th quarter. Acadian Asset Management LLC now owns 313,598 shares of the information services provider’s stock worth $3,357,000 after purchasing an additional 11,277 shares in the last quarter. Invenomic Capital Management LP purchased a new stake in shares of Travelzoo during the 1st quarter worth approximately $146,000. UBS Group AG purchased a new stake in shares of Travelzoo during the 4th quarter worth approximately $44,000. Fortis Advisors LLC purchased a new stake in shares of Travelzoo during the 1st quarter worth approximately $73,000. Finally, State Street Corp raised its holdings in shares of Travelzoo by 7.8% during the 1st quarter. State Street Corp now owns 78,720 shares of the information services provider’s stock worth $309,000 after acquiring an additional 5,702 shares in the last quarter. Institutional investors and hedge funds own 37.35% of the company’s stock.

About Travelzoo

Travelzoo provides travel, entertainment, and local deals from travel and entertainment companies, and local businesses in the Asia Pacific, Europe, and North America. Its publications and products include Travelzoo Website; Travelzoo iPhone and Android apps; Travelzoo Top 20 email newsletter; and Newsflash email alert service.

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