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Insider Trends: Insider Buying Added to with Purchase of Travelzoo Shares

05/10/2021 06:13

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

This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.