Geode Capital Management LLC Has $356,000 Position in IZEA Worldwide, Inc. (NASDAQ:IZEA)

Geode Capital Management LLC lowered its holdings in IZEA Worldwide, Inc. (NASDAQ:IZEA) by 14.7% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 129,562 shares of the company’s stock after selling 22,239 shares during the period. Geode Capital Management LLC’s holdings in IZEA Worldwide were worth $356,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of IZEA. Renaissance Technologies LLC lifted its stake in IZEA Worldwide by 8.5% in the 2nd quarter. Renaissance Technologies LLC now owns 75,603 shares of the company’s stock worth $178,000 after acquiring an additional 5,900 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in IZEA Worldwide by 48.5% during the 2nd quarter. Dimensional Fund Advisors LP now owns 15,741 shares of the company’s stock valued at $37,000 after acquiring an additional 5,140 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd acquired a new position in shares of IZEA Worldwide in the 3rd quarter valued at about $40,000. Institutional investors and hedge funds own 15.56% of the company’s stock.

IZEA Worldwide Price Performance

NASDAQ IZEA opened at $2.40 on Monday. The company has a 50 day simple moving average of $2.66 and a 200-day simple moving average of $2.50. The firm has a market capitalization of $40.72 million, a price-to-earnings ratio of -2.55 and a beta of 1.60. IZEA Worldwide, Inc. has a 52-week low of $1.83 and a 52-week high of $3.60.

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.