2 weeks Ago By Defense World Staff
Bank of Montreal Can boosted its position in Ziff Davis, Inc. (NASDAQ:ZD – Free Report) by 11.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC).
The institutional investor owned 5,608 shares of the technology company’s stock after purchasing an additional 554 shares during the period. Bank of Montreal Can’s holdings in Ziff Davis were worth $305,000 as of its most recent SEC filing. Other hedge funds and other institutional investors have also recently bought and sold shares of the company.
Millstone Evans Group LLC purchased a new position in shares of Ziff Davis during the 4th quarter worth approximately $35,000. Quadrant Capital Group LLC grew its holdings in Ziff Davis by 278.9% during the 4th quarter.
Quadrant Capital Group LLC now owns 663 shares of the technology company’s stock valued at $36,000 after buying an additional 488 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in Ziff Davis during the 3rd quarter valued at $37,000. Summit Securities Group LLC purchased a new position in Ziff Davis during the fourth quarter worth $37,000.
Finally, First Horizon Advisors Inc. raised its holdings in shares of Ziff Davis by 42.9% in the fourth quarter.
First Horizon Advisors Inc. now owns 866 shares of the technology company’s stock worth $47,000 after acquiring an additional 260 shares during the last quarter. 99.
76% of the stock is owned by institutional investors and hedge funds. Insiders Place Their BetsIn related news, CFO Bret Richter purchased 2,500 shares of the stock in a transaction on Wednesday, March 5th. The shares were bought at an average price of $39.
21 per share, for a total transaction of $98,025.00. Following the completion of the acquisition, the chief financial officer now directly owns 16,339 shares in the company, valued at approximately $640,652.
19. This trade represents a 18.06 % increase in their position.
The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director W Brian Kretzmer acquired 653 shares of the firm’s stock in a transaction that occurred on Thursday, March 6th. The shares were purchased at an average cost of $38.
33 per share, with a total value of $25,029.49. Following the completion of the acquisition, the director now owns 12,968 shares in the company, valued at $497,063.
44. This trade represents a 5.30 % increase in their position.
The disclosure for this purchase can be found here. Insiders purchased a total of 5,028 shares of company stock worth $198,024 in the last quarter. 2.
16% of the stock is currently owned by corporate insiders. Ziff Davis Stock Up 0.5 %Shares of NASDAQ:ZD opened at $30.
45 on Thursday. The firm has a 50 day simple moving average of $38.90 and a 200 day simple moving average of $48.
30. The company has a market cap of $1.31 billion, a PE ratio of 25.
81 and a beta of 1.47. Ziff Davis, Inc.
has a 52 week low of $29.34 and a 52 week high of $60.62.
The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.42 and a current ratio of 1.
42. Analysts Set New Price TargetsZD has been the subject of a number of recent research reports. Citigroup dropped their price objective on Ziff Davis from $58.
00 to $52.00 and set a “neutral” rating for the company in a research report on Wednesday, February 26th. JPMorgan Chase & Co.
lowered Ziff Davis from an “overweight” rating to a “neutral” rating and reduced their price target for the stock from $60.00 to $33.00 in a research report on Tuesday.
Finally, UBS Group cut their target price on Ziff Davis from $65.00 to $56.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 26th.
Four analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $61.
17.View Our Latest Stock Analysis on ZDZiff Davis Company Profile (Free Report)Ziff Davis, Inc, together with its subsidiaries, operates as a digital media and internet company in the United States and internationally. The company offers PCMag, an online resource for laboratory-based product reviews, technology news, buying guides, and research papers; Mashable for publishing technology and culture content; Spiceworks Ziff Davis provides digital content of IT products and services; retailMeNot, a savings destination platform; Offers.
com, a coupon and deals website; and event-based properties, including BlackFriday.com, TheBlackFriday.com, BestBlackFriday.
com, and DealsofAmerica.com.See AlsoFive stocks we like better than Ziff DavisUsing the MarketBeat Stock Split CalculatorCan IBM’s Q1 Earnings Spark a Breakout for the Stock?What is the Nasdaq? Complete Overview with HistoryS&P 500 and Nasdaq-100 Flashed Death Crosses—Should You Worry?Are These Liquid Natural Gas Stocks Ready For An Upside Bounce?Fundamentally Sound, These 5 Stocks Sold Off Anyway.
