Ziff Davis, Inc. (NASDAQ:ZD – Get Free Report) CAO Lori Tansley sold 1,400 shares of the company’s stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $54.76, for a total value of $76,664.00. Following the sale, the chief accounting officer owned 767 shares in the company, valued at approximately $42,000.92. The trade was a 64.61% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Ziff Davis Trading Up 1.8%
Shares of ZD stock opened at $55.91 on Friday. Ziff Davis, Inc. has a fifty-two week low of $22.45 and a fifty-two week high of $58.06. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.66 and a current ratio of 2.16. The stock has a 50 day simple moving average of $50.92 and a two-hundred day simple moving average of $44.16. The company has a market cap of $1.92 billion, a P/E ratio of 3.16 and a beta of 1.08.
Ziff Davis (NASDAQ:ZD – Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The technology company reported $1.03 EPS for the quarter, topping the consensus estimate of $0.81 by $0.22. The company had revenue of $286.74 million during the quarter, compared to the consensus estimate of $286.10 million. Ziff Davis had a net margin of 48.57% and a return on equity of 10.73%. The company’s quarterly revenue was down 18.7% on a year-over-year basis. During the same quarter last year, the firm posted $1.24 EPS.
Institutional Investors Weigh In On Ziff Davis
Analyst Upgrades and Downgrades
A number of equities research analysts have commented on the company. Citigroup raised their price objective on Ziff Davis from $48.00 to $59.00 and gave the company a “neutral” rating in a research note on Monday. Susquehanna upped their target price on Ziff Davis from $60.00 to $75.00 and gave the stock a “positive” rating in a research report on Monday. Weiss Ratings upgraded Ziff Davis from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday. Piper Sandler set a $48.00 price target on shares of Ziff Davis in a research report on Monday, May 11th. Finally, Royal Bank Of Canada boosted their price target on shares of Ziff Davis from $48.00 to $65.00 and gave the company an “outperform” rating in a research note on Monday. Three analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $56.62.
Get Our Latest Stock Analysis on ZD
Ziff Davis Company Profile
Ziff Davis, Inc is a digital media and internet company that operates a diverse portfolio of online brands, subscription-based services and performance marketing platforms. The company specializes in technology publishing and digital marketing solutions, offering content, reviews and insights tailored to consumer and enterprise audiences. Ziff Davis’s flagship media properties include PCMag, which provides expert reviews and comparisons of consumer electronics and software, as well as IGN, a leading destination for gaming news, reviews and entertainment coverage.
Founded in 1927 by William B.
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