Travelzoo Inc. (TZOO) Stake Lessened by Susquehanna International Group LLP
Susquehanna International Group LLP lowered its stake in shares of Travelzoo Inc. (NASDAQ:TZOO) by 28.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 60,520 shares of the information services provider’s stock after selling 24,612 shares during the period. Susquehanna International Group LLP owned 0.49% of Travelzoo worth $520,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors also recently added to or reduced their stakes in TZOO. Macquarie Group Ltd. bought a new stake in shares of Travelzoo during the third quarter valued at approximately $168,000. PEAK6 Investments L.P. bought a new stake in shares of Travelzoo during the third quarter valued at approximately $185,000. Municipal Employees Retirement System of Michigan bought a new stake in shares of Travelzoo during the second quarter valued at approximately $365,000. Finally, Northern Trust Corp raised its position in shares of Travelzoo by 3.8% during the second quarter. Northern Trust Corp now owns 54,944 shares of the information services provider’s stock valued at $601,000 after buying an additional 2,034 shares during the last quarter. Hedge funds and other institutional investors own 23.40% of the company’s stock.
Separately, ValuEngine cut shares of Travelzoo from a “hold” rating to a “sell” rating in a research report on Tuesday, August 22nd.
Shares of Travelzoo Inc. (NASDAQ:TZOO) opened at $6.05 on Monday. The stock has a market cap of $75.40, a P/E ratio of 43.21 and a beta of 1.25. Travelzoo Inc. has a 1 year low of $5.75 and a 1 year high of $11.30.
Travelzoo (NASDAQ:TZOO) last released its quarterly earnings data on Thursday, October 26th. The information services provider reported ($0.05) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by ($0.08). The company had revenue of $24.70 million for the quarter, compared to the consensus estimate of $24.29 million. Travelzoo had a net margin of 3.49% and a return on equity of 11.59%. The company’s quarterly revenue was down 7.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.12 EPS.
Travelzoo, formerly Travelzoo Inc, is a media commerce company. The Company informs over 28 million members in Asia Pacific, Europe and North America, as well as various Website users, about the travel and entertainment deals available from a range of companies. The Company operates through three segments: Asia Pacific, Europe and North America.
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