Swiss National Bank Ziff Davis, Inc. (NASDAQ: ZD – Get Rating) 1.9% in the second quarter, according to the company’s most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor held 106,231 shares of the technology company’s stock after selling 2,100 shares during the period. At the end of the most recent quarter Swiss National Bank owned 0.22% of Ziff Davis worth $7,917,000.
Other hedge funds and other institutional investors have also modified their holdings of the company. State of New Jersey Common Pension Fund D boosted its position in shares of Ziff Davis to 11.4% during the second quarter. State of New Jersey Common Pension Fund D now owns 28,858 shares of the technology company valued at $2,151,000 after buying an additional 2,962 shares in the last quarter. NN Investment Partners Holdings NV purchased a new position in Ziff Davis shares worth $125,000 during the first quarter. Jennison Associates LLC boosted its position in shares of Ziff Davis to 9.2% during the second quarter. Jennison Associates LLC now owns 17,778 shares of the technology company valued at $1,325,000 after buying an additional 1,496 shares in the last quarter. William Blair Investment Management LLC bought a new stake in Ziff Davis in the first quarter valued at $29,116,000. Finally, Bank of New York Mellon Corp bought a new stake in Ziff Davis in the first quarter worth $69,176,000. Institutional investors and hedge funds own 99.02% of the company’s stock.
Analyst Rating Changes
ZD has been the subject of several research reports. Royal Bank of Canada cut its price objective on shares of Ziff Davis from $125.00 to $110.00 and set an “outperform” rating on the stock in a research report on Thursday, August 11. Robert W. Baird cut his price target on shares of Ziff Davis from $100.00 to $95.00 and set an “outperform” rating on the stock in a research note on Thursday, November 10. Susquehanna decreased its price objective on shares of Ziff Davis from $140.00 to $120.00 and set a “positive” rating on the stock in a research note on Thursday, August 11. Susquehanna Bancshares cut its price objective on shares of Ziff Davis from $140.00 to $120.00 and set a “positive” rating on the stock in a research note on Thursday, August 11. Finally, Evercore ISI assumed coverage on shares of Ziff Davis in a research note on Tuesday, September 20. He issued an “Outperform” rating and $90.00 price target on the stock. Eight investment analysts rate the stock with a buy rating, according to data from MarketBeat.com, currently the stock has an average rating of “Buy” and a consensus price target of $103.57.
In other Ziff Davis news, EVP Jeremy Rosen sold 2,199 shares of Ziff Davis stock in a transaction on Thursday, November 10. The shares were sold at an average price of $85.68, for a total value of $188,410.32. Following the completion of the sale, the executive vice president now directly owns 5,898 shares of company stock valued at $505,340.64. The transaction was disclosed in a legal filing with the SEC, which is available on the SEC website. Insiders hold 4.50% of the company’s shares.
ziff davis stock performance
Shares of Ziff Davis opened on Tuesday at $87.77. Ziff Davis, Inc. has a 52-week low of $66.85 and a 52-week high of $121.60. The company has a debt-to-equity ratio of 0.56, current ratio of 2.34 and quick ratio of 2.34. The firm has a market capitalization of $4.14 billion, a P/E ratio of 12.02, and a beta of 1.05. The company’s 50-day moving average price is $75.81 and its 200-day moving average price is $77.46.
Ziff Davis Profile
Ziff Davis, Inc., together with its subsidiaries, provides Internet information and services in the United States, Canada, Ireland and internationally. It operates in two segments, Digital Media & Cyber Security and MarTech. The Digital Media segment operates a portfolio of web properties and apps, including IGN, RetailMeNot, Mashable, PCMag, Humble Bundle, Speedtest, Offers, Black Friday, MedPageToday, Everyday Health, BabyCenter, and What to Expect. , shopping, entertainment, and health and wellness markets.
Want to see what other hedge funds are holding ZD? Ziff Davis, Inc. (NASDAQ:ZD – Get Rating) Visit HoldingsChannel.com to get the latest 13F filings and insider trades.
Receive news and ratings for Ziff Davis Daily – Enter your email address below to receive a concise daily summary of the latest news and analyst ratings along with MarketBeat.com’s FREE daily email newsletter for Ziff Davis and related companies.