Seizert Capital Partners LLC Sells 795 Shares of Ziff Davis, Inc. (NASDAQ:ZD)

Seizert Capital Partners LLC decreased its position in Ziff Davis, Inc. (NASDAQ:ZD) by 1.3% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 59,270 shares of the technology company’s stock after selling 795 shares during the period. Seizert Capital Partners LLC owned about 0.13% of Ziff Davis worth $2,884,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of the company. Rice Hall James & Associates LLC grew its holdings in shares of Ziff Davis by 11.0% in the 3rd quarter. Rice Hall James & Associates LLC now owns 501,313 shares of the technology company’s stock valued at $24,394,000 after acquiring an additional 49,510 shares in the last quarter. International Assets Investment Management LLC raised its stake in shares of Ziff Davis by 31,812.6% during the 3rd quarter. International Assets Investment Management LLC now owns 65,740 shares of the technology company’s stock worth $3,199,000 after purchasing an additional 65,534 shares in the last quarter. State of Alaska Department of Revenue boosted its holdings in shares of Ziff Davis by 401.6% in the 3rd quarter. State of Alaska Department of Revenue now owns 25,526 shares of the technology company’s stock valued at $1,242,000 after buying an additional 20,437 shares during the last quarter. Assenagon Asset Management S.A. grew its stake in shares of Ziff Davis by 8.2% in the second quarter. Assenagon Asset Management S.A. now owns 113,196 shares of the technology company’s stock valued at $6,231,000 after buying an additional 8,625 shares in the last quarter. Finally, Retirement Systems of Alabama increased its holdings in Ziff Davis by 21.4% during the second quarter. Retirement Systems of Alabama now owns 360,030 shares of the technology company’s stock worth $19,820,000 after buying an additional 63,458 shares during the last quarter. Institutional investors and hedge funds own 99.76% of the company’s stock.

Ziff Davis Stock Down 3.9 %

ZD opened at $55.10 on Friday. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.91 and a current ratio of 1.42. The stock has a fifty day moving average of $48.58 and a 200-day moving average of $50.15. Ziff Davis, Inc. has a fifty-two week low of $37.76 and a fifty-two week high of $70.90. The company has a market capitalization of $2.35 billion, a P/E ratio of 46.70 and a beta of 1.29.

Analysts Set New Price Targets

A number of research analysts have recently commented on the stock. Barclays lifted their price objective on shares of Ziff Davis from $44.00 to $61.00 and gave the company an “equal weight” rating in a research report on Monday, November 11th. Citigroup dropped their price objective on Ziff Davis from $52.00 to $47.00 and set a “neutral” rating on the stock in a research note on Friday, August 9th. Finally, Royal Bank of Canada reiterated an “outperform” rating and set a $95.00 target price on shares of Ziff Davis in a research note on Friday, September 6th. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, Ziff Davis has a consensus rating of “Moderate Buy” and an average price target of $71.29.

Ziff Davis Profile

Ziff Davis, Inc, together with its subsidiaries, operates as a digital media and internet company in the United States and internationally. The company offers PCMag, an online resource for laboratory-based product reviews, technology news, buying guides, and research papers; Mashable for publishing technology and culture content; Spiceworks Ziff Davis provides digital content of IT products and services; retailMeNot, a savings destination platform; Offers.com, a coupon and deals website; and event-based properties, including BlackFriday.com, TheBlackFriday.com, BestBlackFriday.com, and DealsofAmerica.com.