Savvy Trades and Investments

[abh3vt]

TZOO comes in with another good quarter. Reported 0.16 GAAP, my non-GAAP eps number is 0.20.
https://seekingalpha.com/pr/19507093-travelzoo-reports-third-quarter-2023-results

Forward estimates look low and they could be entering an ideal market for their type of business (think Groupon for travel). Consumers still want to travel, but on the cheap.

There are some red flags here though. I own a few shares, and I'm concerned about the large owner who's been selling a ton of stock lately in order to pay off a loan the company made to him. If they are largely done, and they could be, the stock should move higher.

http://www.openinsider.com/search?q=tzoo

EDIT: They just announced another 1MM share repurchase; replacing their previous repurchase plan that they had largely used up. YTD, they have repurchased $11.8MM worth, and $7MM in Q3 alone.