Schonfeld Strategic Advisors LLC Invests $458,000 in Travelzoo (NASDAQ:TZOO)

Schonfeld Strategic Advisors LLC acquired a new stake in Travelzoo (NASDAQ:TZOO) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 22,973 shares of the information services provider’s stock, valued at approximately $458,000. Schonfeld Strategic Advisors LLC owned 0.19% of Travelzoo as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently bought and sold shares of the company. AdvisorShares Investments LLC purchased a new position in Travelzoo during the fourth quarter worth about $203,000. Northern Trust Corp raised its stake in shares of Travelzoo by 12.1% during the 4th quarter. Northern Trust Corp now owns 27,678 shares of the information services provider’s stock worth $552,000 after buying an additional 2,995 shares in the last quarter. Tower Research Capital LLC TRC lifted its holdings in shares of Travelzoo by 556.4% in the 4th quarter. Tower Research Capital LLC TRC now owns 5,599 shares of the information services provider’s stock valued at $112,000 after buying an additional 4,746 shares during the period. Marshall Wace LLP purchased a new stake in shares of Travelzoo in the fourth quarter valued at approximately $680,000. Finally, Raymond James Financial Inc. acquired a new position in Travelzoo during the fourth quarter worth $1,505,000. Hedge funds and other institutional investors own 27.39% of the company’s stock.

Travelzoo Stock Performance

Shares of NASDAQ TZOO opened at $14.64 on Friday. The firm has a market cap of $164.63 million, a P/E ratio of 13.68 and a beta of 1.21. Travelzoo has a 1 year low of $7.12 and a 1 year high of $24.85. The firm’s 50 day moving average price is $13.44 and its 200 day moving average price is $17.30.

Travelzoo (NASDAQ:TZOO) last released its earnings results on Wednesday, April 30th. The information services provider reported $0.25 earnings per share for the quarter, missing the consensus estimate of $0.27 by ($0.02). The business had revenue of $23.14 million for the quarter, compared to analysts’ expectations of $22.99 million. Travelzoo had a return on equity of 210.54% and a net margin of 16.67%. As a group, equities analysts predict that Travelzoo will post 1.09 EPS for the current year.

Insider Activity at Travelzoo

In other Travelzoo news, major shareholder Azzurro Capital Inc sold 2,500 shares of Travelzoo stock in a transaction on Thursday, May 1st. The shares were sold at an average price of $14.43, for a total value of $36,075.00. Following the transaction, the insider now owns 4,295,196 shares in the company, valued at $61,979,678.28. This trade represents a 0.06 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Holger Bartel sold 4,000 shares of the company’s stock in a transaction on Wednesday, March 5th. The stock was 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. Over the last three months, insiders sold 104,000 shares of company stock worth $1,507,630. 57.45% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of research firms have commented on TZOO. Noble Financial reissued an “outperform” rating on shares of Travelzoo in a report on Wednesday, April 30th. Barrington Research restated an “outperform” rating and set a $17.00 target price on shares of Travelzoo in a research report on Tuesday, April 29th. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $25.00.

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.