TZOO - Travelzoo Insider Trades Send A Signal | Benzinga
AZZURRO CAPITAL INC, 10% Owner at Travelzoo (NASDAQ:TZOO), disclosed an insider sell on June 27, according to a recent SEC filing.
What Happened: INC's decision to sell 55,000 shares of Travelzoo was revealed in a Form 4 filing with the U.S. Securities and Exchange Commission on Thursday. The total value of the sale is $426,450.
Tracking the Friday's morning session, Travelzoo shares are trading at $7.69, showing a up of 1.99%.
Unveiling the Story Behind Travelzoo
Travelzoo acts as a publisher of travel and entertainment offers. It operates in four segments. Travelzoo North America segment consists of operations in Canada and the U.S.; Travelzoo Europe segment consists of operations in France, Germany, Spain, and the U.K.; and Jack's Flight Club segment consists of subscription revenue from premium members to access and receive flight deals from Jack's Flight Club via email or via Android or Apple mobile applications; New Initiatives consists of Travelzoo's licensing activities in Asia Pacific territories. It derives its revenue through advertising fees including listing fees paid by travel, entertainment, and local businesses to advertise their offers on the company's media properties. Most of the company's revenue is derived from North America.
Unraveling the Financial Story of Travelzoo
Revenue Growth: Travelzoo displayed positive results in 3 months. As of 31 March, ...