Zedge, Inc. (NYSEAMERICAN:ZDGE - Get Free Report) Director Elliot Gibber purchased 5,000 shares of the stock in a transaction that occurred on Tuesday, April 15th. The shares were purchased at an average cost of $2.04 per share, for a total transaction of $10,200.00. Following the completion of the acquisition, the director now directly owns 226,083 shares of the company's stock, valued at $461,209.32. This represents a 2.26 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
Elliot Gibber also recently made the following trade(s):
- On Friday, April 11th, Elliot Gibber acquired 5,000 shares of Zedge stock. The stock was purchased at an average price of $1.95 per share, with a total value of $9,750.00.
Zedge Stock Up 7.7 %
Shares of Zedge stock opened at $2.09 on Wednesday. The stock has a market capitalization of $28.47 million, a P/E ratio of -3.12 and a beta of 1.25. Zedge, Inc. has a twelve month low of $1.73 and a twelve month high of $4.37.
Institutional Trading of Zedge
Institutional investors and hedge funds have recently made changes to their positions in the business. Welch Group LLC purchased a new position in shares of Zedge during the 1st quarter valued at approximately $29,000. XTX Topco Ltd acquired a new position in Zedge during the fourth quarter worth $40,000. Virtu Financial LLC purchased a new position in Zedge during the third quarter valued at $44,000. Jane Street Group LLC acquired a new stake in shares of Zedge in the fourth quarter valued at about $53,000. Finally, Squarepoint Ops LLC purchased a new stake in shares of Zedge during the fourth quarter worth about $71,000. 29.37% of the stock is currently owned by hedge funds and other institutional investors.
About Zedge
(
Get Free Report)
Zedge, Inc builds digital marketplaces and competitive games around content that people use to express themselves. It offers the Zedge Ringtones and Wallpapers app, a freemium digital content marketplace that provides a wide array of mobile personalization content, including mobile phone wallpapers, video wallpapers, ringtones, and notification sounds.
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