Costello Asset Administration INC Lowers Stake in Travelzoo (NASDAQ:TZOO)

Costello Asset Administration INC lowered its place in shares of Travelzoo (NASDAQ:TZOO – Get Ranking) by 34.3% in the course of the third quarter, in keeping with its most up-to-date disclosure with the Securities and Change Fee (SEC). The institutional investor owned 41,770 shares of the knowledge companies supplier’s inventory after promoting 21,768 shares in the course of the quarter. Costello Asset Administration INC owned 0.33% of Travelzoo value $185,000 as of its most up-to-date SEC submitting.

→ Hidden Bull Market Poised to Triple by 2027? (From Wall Road Insurgent)

A number of different giant buyers have additionally added to or lowered their stakes in TZOO. Ancora Advisors LLC lifted its holdings in Travelzoo by 2,055.1% in the course of the first quarter. Ancora Advisors LLC now owns 204,739 shares of the knowledge companies supplier’s inventory valued at $3,432,000 after buying an extra 195,239 shares within the final quarter. Essex Funding Administration Co. LLC raised its place in shares of Travelzoo by 64.3% in the course of the second quarter. Essex Funding Administration Co. LLC now owns 170,687 shares of the knowledge companies supplier’s inventory valued at $1,034,000 after shopping for an extra 66,786 shares over the past quarter. CastleKnight Administration LP purchased a brand new stake in shares of Travelzoo in the course of the second quarter valued at roughly $340,000. Cetera Advisor Networks LLC purchased a brand new stake in shares of Travelzoo in the course of the first quarter valued at roughly $131,000. Lastly, Virtu Monetary LLC purchased a brand new stake in shares of Travelzoo in the course of the second quarter valued at roughly $68,000. Hedge funds and different institutional buyers personal 28.26% of the corporate’s inventory.

Wall Road Analyst Weigh In

A number of equities analysis analysts have lately issued experiences on TZOO shares. Barrington Analysis lower shares of Travelzoo from an “outperform” score to a “market carry out” score in a analysis report on Monday, November twenty eighth. StockNews.com began protection on shares of Travelzoo in a analysis report on Wednesday, October twelfth. They set a “purchase” score on the inventory. Lastly, Ascendiant Capital Markets lowered their value goal on shares of Travelzoo to $16.00 in a analysis report on Wednesday, November sixteenth.

Travelzoo Buying and selling Up 0.6 %

TZOO traded up $0.03 throughout buying and selling hours on Friday, hitting $5.31. The corporate’s inventory had a buying and selling quantity of 90 shares, in comparison with its common quantity of 122,834. The enterprise’s 50-day transferring common value is $5.09 and its 200-day transferring common value is $5.41. Travelzoo has a 12 month low of $4.10 and a 12 month excessive of $10.15. The inventory has a market cap of $65.84 million, a price-to-earnings ratio of 66.38 and a beta of 1.46.

Travelzoo (NASDAQ:TZOO – Get Ranking) final introduced its quarterly earnings outcomes on Wednesday, October twenty sixth. The knowledge companies supplier reported $0.06 earnings per share for the quarter, hitting the consensus estimate of $0.06. Travelzoo had a internet margin of 1.75% and a damaging return on fairness of 126.76%. The corporate had income of $15.85 million for the quarter, in comparison with analysts’ expectations of $17.38 million. On common, analysts forecast that Travelzoo will submit 0.4 earnings per share for the present yr.

About Travelzoo

(Get Ranking)

Travelzoo Inc operates as a worldwide media commerce firm that engages within the provision of knowledge to subscribers and web site customers about journey, leisure, and native offers obtainable from varied corporations. Its publications and merchandise embrace the Travelzoo web site (travelzoo.com), the Travelzoo iPhone and Android apps, the Travelzoo Prime 20 e-mail publication, and the Newsflash e-mail alert service.

Featured Articles

Institutional Ownership by Quarter for Travelzoo (NASDAQ:TZOO)

This on the spot information alert was generated by narrative science know-how and monetary knowledge from MarketBeat to be able to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial staff previous to publication. Please ship any questions or feedback about this story to [email protected]

Earlier than you take into account Travelzoo, you will need to hear this.

MarketBeat retains monitor of Wall Road’s top-rated and greatest performing analysis analysts and the shares they suggest to their purchasers every day. MarketBeat has recognized the 5 shares that high analysts are quietly whispering to their purchasers to purchase now earlier than the broader market catches on… and Travelzoo wasn’t on the checklist.

Whereas Travelzoo presently has a “Reasonable Purchase” score amongst analysts, top-rated analysts imagine these 5 shares are higher buys.

View The 5 Shares Right here

10 Best Cheap Stocks to Buy Now Cover
Category:

Related Posts