IZEA Worldwide, Inc. (NASDAQ:IZEA) Major Shareholder Acquires $16,550.00 in Stock

IZEA Worldwide, Inc. (NASDAQ:IZEA) major shareholder Gp Investments, Ltd. purchased 6,620 shares of the company’s stock in a transaction that occurred on Tuesday, April 16th. The stock was bought at an average price of $2.50 per share, with a total value of $16,550.00. Following the transaction, the insider now owns 1,726,386 shares of the company’s stock, valued at approximately $4,315,965. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Large shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

IZEA Worldwide Price Performance

Shares of NASDAQ IZEA opened at $2.53 on Thursday. The firm has a 50-day simple moving average of $2.13 and a two-hundred day simple moving average of $2.17. IZEA Worldwide, Inc. has a 1 year low of $1.83 and a 1 year high of $3.28.

Institutional Investors Weigh In On IZEA Worldwide

Institutional investors and hedge funds have recently modified their holdings of the business. Jacob Asset Management of New York LLC grew its holdings in shares of IZEA Worldwide by 9.6% in the third quarter. Jacob Asset Management of New York LLC now owns 114,650 shares of the company’s stock worth $248,000 after purchasing an additional 10,000 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in IZEA Worldwide by 72.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 24,150 shares of the company’s stock worth $49,000 after purchasing an additional 10,106 shares in the last quarter. State Street Corp increased its holdings in IZEA Worldwide by 7.8% during the 1st quarter. State Street Corp now owns 206,044 shares of the company’s stock worth $342,000 after purchasing an additional 14,913 shares during the period. Renaissance Technologies LLC raised its position in IZEA Worldwide by 14.0% during the 4th quarter. Renaissance Technologies LLC now owns 123,200 shares of the company’s stock valued at $67,000 after purchasing an additional 15,100 shares in the last quarter. Finally, Vanguard Group Inc. lifted its holdings in shares of IZEA Worldwide by 3.4% in the 4th quarter. Vanguard Group Inc. now owns 600,931 shares of the company’s stock worth $1,208,000 after buying an additional 19,899 shares during the period. 15.56% of the stock is owned by institutional investors.

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.