Welcome to our dedicated page for Travelzoo SEC filings (Ticker: TZOO), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Travelzoo's SEC filings document its travel-offer publishing and membership model, including reported advertising revenue, commissions generated in connection with member purchases, and membership-fee revenue. Form 8-K reports furnish quarterly financial results, supplemental earnings presentations, and Regulation FD materials tied to operating performance.
Proxy and annual-report materials cover stockholder voting, annual-meeting matters, governance, business activities, and operating performance. The filing record also includes disclosure categories for material agreements, shareholder voting matters, capital structure, governance matters, and operating and financial results.
Insider sales reported for Travelzoo (TZOO). Azzurro Capital Inc. reported sales of common stock on 08/21/2025 and 08/22/2025 totaling 55,000 shares. The first transaction on 08/21/2025 shows 32,500 shares sold at reported prices around $9.50–$9.69, leaving 3,935,196 shares beneficially owned by Azzurro. The second transaction on 08/22/2025 shows 22,500 shares sold at reported prices around $9.98–$10.08, leaving 3,912,696 shares beneficially owned. The filings identify Ralph Bartel and the Ralph Bartel 2005 Trust as indirect holders through Azzurro Capital Inc. The form includes an undertaking to provide detailed per-price breakdowns upon request.
Travelzoo (TZOO) Form 144 notice: This filing notifies the proposed sale of 100,000 shares of common stock through ETrade Securities on NASDAQ with an aggregate market value of $970,000, representing a portion of the 10,980,939 shares outstanding. The shares were originally acquired on 01/22/2001 in an exchange for outstanding shares of Silicon Channels Corporation. The filer discloses numerous sales by Azzurro Capital Inc. in the past three months, listing transaction dates, quantities and gross proceeds, demonstrating recent liquidity events. The notice includes the required representation that no undisclosed material adverse information is known to the seller.
Travelzoo (TZOO) insiders disclosed open-market sales on August 12-13, 2025. Azzurro Capital Inc. sold 20,000 shares on 08/12/2025 at prices ranging $10.11–$10.58 and sold 3,700 shares on 08/13/2025 at $10.43–$10.58. After these transactions Azzurro Capital Inc. is reported to beneficially own 3,967,696 shares. The filings show that Ralph Bartel and the Ralph Bartel 2005 Trust hold indirect ownership through Azzurro Capital Inc. The reporting person offers to provide detail on the number of shares sold at each price on request.
Travelzoo reported mixed second-quarter 2025 results with revenue growth driven by commerce and subscription gains but lower profitability and a weaker balance sheet. Revenue rose to $23.9 million from $21.1 million a year earlier, led by higher Getaways voucher sales and a substantial increase in membership fees. Cost of revenues and higher member-acquisition spending drove gross margin and operating income lower: operating income fell to $2.06 million from $4.01 million, and net income attributable to Travelzoo declined to $1.40 million from $2.93 million. Cash and equivalents decreased to $10.4 million from $17.1 million at year-end, and the company reported negative total stockholders' equity of $(2.08) million versus $4.35 million previously. Deferred revenue increased to $8.5 million and merchant payables were $12.4 million. The report discloses concentrated ownership (Azzurro ~36.7%) and ongoing share repurchases and related-party consulting fees.
Ocho Investments LLC and its sole manager, Andris Upitis, report beneficial ownership of 879,894 shares of Travelzoo common stock, representing 7.9% of the class. The filing states that Upitis/Ocho have sole voting and sole dispositive power over the reported shares. The statement includes a certification that the securities were not acquired to change or influence control of the issuer. Ocho is identified as a Delaware limited liability company and Upitis as a U.S. citizen; the securities class is common stock.
Travelzoo (TZOO) Form 4: 10% owner Azzurro Capital Inc. reported two open-market sales of common stock.
- 30 Jul 2025: sold 30,000 shares at an average price of $10.19 (range $10.10-$10.31). Beneficial ownership after the trade: 4,015,196 shares.
- 31 Jul 2025: sold 17,500 shares at an average price of $10.27 (range $10.20-$10.32). Beneficial ownership after the trade: 3,997,696 shares.
The total disposition of 47,500 shares represents roughly 1.2 % of Azzurro Capital’s prior position and was executed by indirect owner Ralph Bartel / Ralph Bartel 2005 Trust. No derivative transactions were reported. The filing does not disclose any accompanying corporate events or changes in guidance.
Travelzoo (TZOO) Form 144: Azzurro Capital Inc. has filed to sell up to 100,000 common shares through E*Trade on NASDAQ on or about 28 Jul 2025. At the filing’s stated aggregate market value of $1.08 million ($10.80 per share), the proposed sale equals roughly 2.5 % of the 4,062,696 shares outstanding.
The same shareholder has already disposed of 235,000 shares between 1 May and 27 Jun 2025, collecting about $3.6 million in gross proceeds. If the new sale is completed, cumulative sales would reach 335,000 shares, or ~8 % of the share count over a four-month span. The filer affirms no knowledge of undisclosed adverse information, satisfying Rule 144 requirements.
Investor take-away: Ongoing insider selling by a large holder may exert short-term price pressure and signal reduced commitment, though the transaction does not affect Travelzoo’s cash or operations and modestly enlarges the public float.