Travelzoo Inc. (TZOO): Insiders Are Buying, Should You?

Page 1 of 2

Travelzoo Inc. (NASDAQ:TZOO) was in 5 hedge funds’ portfolio at the end of the fourth quarter of 2012. TZOO investors should pay attention to a decrease in support from the world’s most elite money managers lately. There were 8 hedge funds in our database with TZOO positions at the end of the previous quarter.

Travelzoo Inc. (NASDAQ:TZOO)To the average investor, there are tons of gauges market participants can use to analyze Mr. Market. Two of the best are hedge fund and insider trading interest. At Insider Monkey, our studies have shown that, historically, those who follow the top picks of the elite hedge fund managers can beat the market by a solid amount (see just how much).

Equally as important, positive insider trading sentiment is another way to parse down the stock market universe. As the old adage goes: there are a variety of stimuli for a bullish insider to cut shares of his or her company, but only one, very clear reason why they would buy. Various academic studies have demonstrated the useful potential of this tactic if piggybackers understand what to do (learn more here).

Now, it’s important to take a look at the latest action regarding Travelzoo Inc. (NASDAQ:TZOO).

How have hedgies been trading Travelzoo Inc. (NASDAQ:TZOO)?

At year’s end, a total of 5 of the hedge funds we track held long positions in this stock, a change of -38% from one quarter earlier. With the smart money’s positions undergoing their usual ebb and flow, there exists a select group of notable hedge fund managers who were increasing their holdings considerably.

When looking at the hedgies we track, Bares Capital Management, managed by Brian Bares, holds the largest position in Travelzoo Inc. (NASDAQ:TZOO). Bares Capital Management has a $11.7 million position in the stock, comprising 2.1% of its 13F portfolio. On Bares Capital Management’s heels is Joel Greenblatt of Gotham Asset Management, with a $2.3 million position; 0.1% of its 13F portfolio is allocated to the stock. Other hedge funds that hold long positions include Jim Simons’s Renaissance Technologies, and Ken Griffin’s Citadel Investment Group.

Due to the fact that Travelzoo Inc. (NASDAQ:TZOO) has experienced declining sentiment from the entirety of the hedge funds we track, we can see that there were a few hedge funds who sold off their entire stakes at the end of the year. Interestingly, D. E. Shaw’s D E Shaw dropped the largest stake of the “upper crust” of funds we key on, valued at an estimated $2.5 million in stock., and John Thaler of JAT Capital Management was right behind this move, as the fund sold off about $2.5 million worth. These moves are important to note, as total hedge fund interest fell by 3 funds at the end of the year.

What have insiders been doing with Travelzoo Inc. (NASDAQ:TZOO)?

Insider purchases made by high-level executives is most useful when the company in focus has experienced transactions within the past six months. Over the last six-month time period, Travelzoo Inc. (NASDAQ:TZOO) has experienced 1 unique insiders buying, and 4 insider sales (see the details of insider trades here).

Let’s also take a look at hedge fund and insider activity in other stocks similar to Travelzoo Inc. (NASDAQ:TZOO). These stocks are SouFun Holdings Limited (ADR) (NYSE:SFUN), Move Inc. (NASDAQ:MOVE), Global Sources Ltd. (Bermuda) (NASDAQ:GSOL), Bitauto Hldg Ltd (ADR) (NYSE:BITA), and Renren Inc (NYSE:RENN). This group of stocks are in the internet information providers industry and their market caps match TZOO’s market cap.

Page 1 of 2

Biotech Insider Alert - $6 Stock To Hit $40

$200 Million Dollar Healthcare Hedge Fund's #1 Best Idea Right Now

The best healthcare hedge fund out there right now is one of the largest shareholders in this biotech stock. The fund returned more than 20% in each of the last 2 years with a virtually fully hedged portfolio, and it's sending out a BUY signal on this biotech stock. Get your FREE REPORT today (retail value of $300)

This is a FREE report from Insider Monkey. Credit Card is NOT required.
Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

The World’s Most Famous Circuses

Best Hair Stylists

Most Popular NASCAR Drivers

The Best Romance Movies of all Time

The Most Wanted Drug Lords

The Oldest Money Managers

The Greatest Directors in the World

Largest Animals in the World

World’s Most Expensive Desserts

Best Selling Comic Books of All Time

A-list Actors who Sabotaged Their Career

Rappers With a College Degree

The Best Jazz Albums of all Time

The Most Influential Jazz Musicians

The World’s Most Famous Photographers

The Best Oscar-Winning Songs

Most Influential Choreographers Ever

Most Expensive Department Stores in the World

The Most Expensive Stolen Paintings in the World

The World’s Most Expensive Teas

Top Oscar Record Holders

The Most Expensive Flowers in the World

Countries With a Booming Film Industry

Most Expensive Cupcakes in the World

Uncommon European Escapes

The Most Stolen Artists in History

Best Travel Destinations in Australia

World’s Most Expensive Musical Instruments

World’s Most Famous Animals

Most Expensive Cakes in the World

Most Expensive Kosher Champagne in the World

Most Expensive Kosher Wine in the World

The Most Surprisingly Dark Fairy Tales

Most Popular Travel Destinations in Asia

The 10 Most Expensive Dresses Ever Worn to the Oscars

World’s Most Visited Art Museums

Best Countries for Photographers to Work in

Best Paid Jobs in the Film Industry

The Most Renowned Recovered Paintings Ever

Child Stars That Turned out Just Fine

Books That Were Banned in the Past Century

World’s Richest Dancers

Best Remedies against Bad Breath

Foods That Improve Your Skin Texture

Best-Selling Children’s Books of all Time

Foods That Boost Your Libido

Best-Selling Books of all Time

The Most Expensive Academy Awards Jewelry in History

Most Expensive Japanese Restaurant In New York City

The Best B-Boy Movies

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 129% in 2.5 years!! Wondering How?

Download a complete edition of our newsletter for free!