IZEA Worldwide, Inc. (NASDAQ:IZEA – Get Free Report) major shareholder Gp Investments, Ltd. bought 28,258 shares of the business’s stock in a transaction that occurred on Wednesday, April 24th. The stock was acquired at an average cost of $2.48 per share, with a total value of $70,079.84. Following the completion of the acquisition, the insider now owns 1,755,160 shares of the company’s stock, valued at approximately $4,352,796.80. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Major shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.
Gp Investments, Ltd. also recently made the following trade(s):
- On Friday, April 26th, Gp Investments, Ltd. acquired 61,598 shares of IZEA Worldwide stock. The shares were purchased at an average cost of $2.78 per share, with a total value of $171,242.44.
- On Tuesday, April 16th, Gp Investments, Ltd. acquired 6,620 shares of IZEA Worldwide stock. The shares were purchased at an average cost of $2.50 per share, with a total value of $16,550.00.
IZEA Worldwide Stock Performance
NASDAQ IZEA traded up $0.29 on Friday, hitting $2.90. 121,567 shares of the stock were exchanged, compared to its average volume of 52,350. The firm has a market capitalization of $44.81 million, a P/E ratio of -6.44 and a beta of 1.82. IZEA Worldwide, Inc. has a 52-week low of $1.83 and a 52-week high of $3.28. The stock has a fifty day moving average price of $2.22 and a two-hundred day moving average price of $2.19.
Hedge Funds Weigh In On IZEA Worldwide
A hedge fund recently raised its stake in IZEA Worldwide stock. Jacob Asset Management of New York LLC lifted its holdings in shares of IZEA Worldwide, Inc. (NASDAQ:IZEA – Free Report) by 9.6% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 114,650 shares of the company’s stock after acquiring an additional 10,000 shares during the period. Jacob Asset Management of New York LLC owned approximately 0.74% of IZEA Worldwide worth $248,000 at the end of the most recent quarter. 15.56% of the stock is owned by institutional investors and hedge funds.
About IZEA Worldwide
IZEA Worldwide, Inc, together with its subsidiaries, offers software and professional services to connect brands and content creators in North America, the Asia Pacific, and internationally. The company offers IZEA Flex, its flagship platform for managing enterprise influencer marketing; and comprehensive expense management service to track and manage off-platform expenses related to influencer marketing campaigns.
Featured Articles
- Five stocks we like better than IZEA Worldwide
- What is a Bond Market Holiday? How to Invest and Trade
- 3 Stocks Leading the U.S. Agriculture Comeback
- Best Stocks Under $5.00
- How to Use Put Debit Spreads to Profit From Falling Stocks
- Procter & Gamble (NYSE:PG) Pulls Back After Shaky Guidance
- Alphabet Changes the Narrative with Its First-Ever Dividend
Receive News & Ratings for IZEA Worldwide Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IZEA Worldwide and related companies with MarketBeat.com's FREE daily email newsletter.