Insider Sale: CEO Holger Bartel Sells 100,000 Shares of Travelzoo (TZOO)

Article's Main Image

Holger Bartel, the Global Chief Executive Officer of Travelzoo (TZOO, Financial), sold 100,000 shares of the company on September 18, 2024. The transaction was reported in a recent SEC Filing. Following this sale, the insider now owns 100,000 shares of Travelzoo.

Travelzoo, a global media commerce company, is known for publishing exclusive offers and experiences for members. The company operates in North America, Europe, and Asia Pacific, providing its 30 million members with travel, entertainment, and local deals.

Over the past year, Holger Bartel has sold a total of 216,000 shares of Travelzoo and has not purchased any shares. The insider transaction history for Travelzoo shows no insider buys over the past year, with a total of 35 insider sells during the same period.

On the day of the sale, shares of Travelzoo were trading at $11.44, giving the company a market cap of $174.275 million. The price-earnings ratio of Travelzoo stands at 14.58, which is lower than both the industry median of 17.13 and the company’s historical median.

The stock is currently considered Significantly Overvalued with a price-to-GF Value ratio of 1.34, based on a GF Value of $8.54. The GF Value is calculated considering historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.

This sale by the CEO might be of interest to current and potential investors, as insider transactions can provide insights into how executives view the stock's current valuation and future prospects.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.