Insider Trends: Insider Buying Added to with Purchase of Travelzoo Shares
09:58 AM EDT, 05/10/2021 (MT Newswires) -- Azzurro Capital Inc, 10% Owner, purchased 40,805 shares in Travelzoo (TZOO) for $714,088 on May 07, 2021. Azzurro Capital, following the transactions outlined in the Form 4 SEC filing, has indirect ownership of 4,624,550 shares of company stock, with a market value, based on the prior-day closing price, of $80.7 million.
In the 90 days previous to the date of this filing, there have been 9 insider transactions reported to the SEC for Travelzoo. These transactions came from the activities of 4 individual insiders that resulted in a net acquisition of 88,757 company shares. This compares with the preceding 90-day window of time where there are no insider transactions for the company.
This level of insider transactions is below that of the peer group average in the 11-company Travel Agents peer group over the last 90-day period. Peer group activity averaged 61.4 transactions per company, and disposition of 215,690 shares on average.
SEC Story Link http://www.sec.gov/Archives/edgar/data/1133311/000170726721000007/xslF345X03/primary_doc.xml
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