Ziff Davis, Inc. (NASDAQ:ZD) Shares Purchased by Clark Estates Inc. NY

Clark Estates Inc. NY boosted its position in shares of Ziff Davis, Inc. (NASDAQ:ZD) by 35.1% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 66,700 shares of the technology company’s stock after buying an additional 17,325 shares during the quarter. Clark Estates Inc. NY owned approximately 0.16% of Ziff Davis worth $3,246,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Rothschild Investment LLC acquired a new stake in shares of Ziff Davis in the second quarter valued at about $25,000. Quest Partners LLC purchased a new position in Ziff Davis in the 2nd quarter valued at $38,000. Innealta Capital LLC acquired a new position in Ziff Davis during the second quarter worth about $75,000. Blue Trust Inc. raised its holdings in Ziff Davis by 72.4% in the 2nd quarter. Blue Trust Inc. now owns 1,686 shares of the technology company’s stock valued at $93,000 after acquiring an additional 708 shares during the last quarter. Finally, DekaBank Deutsche Girozentrale purchased a new position in Ziff Davis in the 2nd quarter worth approximately $93,000. Institutional investors and hedge funds own 99.76% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the stock. Barclays boosted their price target 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. Royal Bank of Canada reissued an “outperform” rating and set a $95.00 target price on shares of Ziff Davis in a research note on Friday, September 6th. Finally, Citigroup decreased their price target 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. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat, Ziff Davis has a consensus rating of “Moderate Buy” and a consensus price target of $71.29.

Ziff Davis Trading Down 0.2 %

NASDAQ ZD opened at $57.88 on Wednesday. Ziff Davis, Inc. has a 52 week low of $37.76 and a 52 week high of $70.90. The firm has a 50 day moving average of $49.60 and a two-hundred day moving average of $50.25. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 0.49. The stock has a market capitalization of $2.47 billion, a PE ratio of 49.05 and a beta of 1.29.

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.