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Azzurro Capital Inc, a ten percent owner of TRAVELZOO (NASDAQ:TZOO), sold 76,500 shares of common stock on June 27, 2025. The stock has seen significant volatility this year, dropping 33% over the past six months while maintaining a strong 76% gain over the last year. The shares were sold at prices ranging from $13.00 to $13.41, with an average price of $13.15, totaling $1,005,975.
Following the transaction, Azzurro Capital Inc. directly holds 4,062,696 shares of TRAVELZOO.
Ralph Bartel and the Ralph Bartel 2005 Trust have indirect ownership of these shares.
In other recent news, Travelzoo reported its Q1 2025 earnings, aligning with analyst expectations by achieving an earnings per share (EPS) of $0.25 and generating revenue of $23.1 million, marking a 5% increase year-over-year. This performance underscores the company’s strategic focus on membership growth and robust revenue generation in North America. Additionally, Ascendiant Capital raised its price target for Travelzoo stock to $25.00, up from $24.00, while maintaining a Buy rating, reflecting confidence in the company’s long-term growth potential and the travel industry’s recovery. The firm’s analysis suggests that Travelzoo’s strategic initiatives and the positive growth outlook for the travel sector are key factors contributing to potential share price appreciation.
In another development, Travelzoo held its 2025 Annual Meeting of Stockholders, where six directors, including Holger Bartel and Christina Sindoni Ciocca, were elected to the Board. Shareholders also approved an advisory vote on executive compensation. Despite a 34% year-over-year decrease in operating income due to investments in member growth, Travelzoo remains focused on accelerating revenue through strategic marketing and innovation. The company projects doubled year-over-year revenue growth for Q2 2025, with expectations of continued acceleration in subsequent quarters.
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