Selling Travelzoo Shares at a Lower Price Than Current Market Value May Have Been a Costly Mistake for Insiders
Travelzoo’s (NASDAQ:TZOO) stock price has dropped 10% in the previous week, but insiders who sold US$19m in stock over the past year have had less luck. Insiders might have been better off holding onto their shares, given that the average selling price of US$14.19 is still below the current share price.
While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we do think it is perfectly logical to keep tabs on what insiders are doing.
Travelzoo Insider Transactions Over The Last Year
Notably, that recent sale by Founder & Chief Talent Officer…
