Mar. 7 at 2:03 PM
Amid Ziff Davis
$ZD trading near its 52-week low of
$37.76, seven insiders including CEO Vivek Shah, CFO Bret Richter, and multiple directors have collectively purchased approximately 19,664 shares worth
$774K since late February 2025.
The timing coincides with Ziff Davis's recent Q4 2024 earnings report, which showed a 5.9% revenue increase but missed targets by
$10M. Management projects 5% revenue growth and 6% adjusted EBITDA growth for 2025, with anticipated improvement across all segments.
This wave of insider buying at current levels signals confidence in the company’s valuation, despite some earnings hiccups. For investors, it could indicate a potential floor as Ziff Davis works through the evolving digital media landscape.
Worth watching for insider activity:
$SPSC,
$TTGT,
$QNST
Insider details at https://prismo.pro/stock/zd?utm_source=stockwits&utm_medium=social&utm_campaign=insider-news&utm_content=ZD_2025-03-07
🚀 #InsiderTrading