IZEA (IZEA) Stock Rating Lowered by ValuEngine

IZEA (NASDAQ:IZEA) was downgraded by stock analysts at ValuEngine from a “sell” rating to a “strong sell” rating in a research note issued to investors on Tuesday.

Separately, Craig Hallum raised IZEA from a “hold” rating to a “buy” rating in a report on Wednesday, November 8th.

IZEA (IZEA) opened at $4.22 on Tuesday. IZEA has a twelve month low of $1.37 and a twelve month high of $7.85.

In related news, major shareholder Awm Investment Company, Inc. sold 450,000 shares of the firm’s stock in a transaction dated Tuesday, September 26th. The stock was sold at an average price of $5.74, for a total transaction of $2,583,000.00. The transaction was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 25.50% of the company’s stock.

A hedge fund recently raised its stake in IZEA stock. Royce & Associates LP boosted its position in IZEA Inc. (NASDAQ:IZEA) by 4.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 236,176 shares of the company’s stock after purchasing an additional 10,000 shares during the period. Royce & Associates LP’s holdings in IZEA were worth $451,000 as of its most recent filing with the Securities & Exchange Commission. Hedge funds and other institutional investors own 19.90% of the company’s stock.

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About IZEA

IZEA, Inc (IZEA) operates online marketplaces that facilitate transactions between brands and influential content creators. These creators produce and distribute text, videos and photos on behalf of brands through Websites, blogs and social media channels. Its technology enables transactions to be completed at scale through the management of content workflow, creator search and targeting, bidding, analytics and payment processing.

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