B. Riley Wealth Advisors Inc. trimmed its holdings in Zedge, Inc. (NYSEAMERICAN:ZDGE – Free Report) by 24.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 38,051 shares of the company’s stock after selling 12,115 shares during the period. B. Riley Wealth Advisors Inc. owned 0.27% of Zedge worth $116,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors have also made changes to their positions in ZDGE. Ritholtz Wealth Management bought a new stake in Zedge during the second quarter worth about $51,000. Heron Bay Capital Management bought a new stake in shares of Zedge during the 1st quarter worth approximately $102,000. Dimensional Fund Advisors LP boosted its position in shares of Zedge by 17.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 108,035 shares of the company’s stock worth $330,000 after acquiring an additional 16,028 shares in the last quarter. Finally, Renaissance Technologies LLC boosted its position in shares of Zedge by 2.9% during the 2nd quarter. Renaissance Technologies LLC now owns 505,014 shares of the company’s stock worth $1,540,000 after acquiring an additional 14,404 shares in the last quarter. 29.37% of the stock is currently owned by institutional investors.
Zedge Stock Down 4.4 %
Shares of ZDGE stock opened at $3.49 on Friday. The firm has a market cap of $48.69 million, a P/E ratio of -5.45 and a beta of 1.26. Zedge, Inc. has a twelve month low of $1.70 and a twelve month high of $5.18.
About Zedge
Zedge, Inc builds digital marketplaces and competitive games around content that people use to express themselves. It offers the Zedge Ringtones and Wallpapers app, a freemium digital content marketplace that provides a wide array of mobile personalization content, including mobile phone wallpapers, video wallpapers, ringtones, and notification sounds.
Featured Articles
- Five stocks we like better than Zedge
- What is the Hang Seng index?
- MercadoLibre Targets Double-Digit Upside with Argentina Boom
- Where to Find Earnings Call Transcripts
- Domino’s Pizza Stock Delivers: A Hot Buy for Growth Investors
- Which Wall Street Analysts are the Most Accurate?
- 3 Small-Cap Stocks Ready to Deliver Significant Growth
Want to see what other hedge funds are holding ZDGE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Zedge, Inc. (NYSEAMERICAN:ZDGE – Free Report).
Receive News & Ratings for Zedge Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zedge and related companies with MarketBeat.com's FREE daily email newsletter.
