IZEA Worldwide Inc’s recently made public that its 10% Owner GP Investments, Ltd. acquired Company’s shares for reported $2.97 million on May 14 ’24. In the deal valued at $3.20 per share,928,114 shares were bought. As a result of this transaction, GP Investments, Ltd. now holds 2,823,706 shares worth roughly $6.92 million.
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Then, GP Investments, Ltd. bought 178,330 shares, generating $493,974 in total proceeds. Upon buying the shares at $2.77, the 10% Owner now owns 3,002,036 shares.
Before that, GP Investments, Ltd. bought 38,021 shares. IZEA Worldwide Inc shares valued at $116,344 were divested by the 10% Owner at a price of $3.06 per share. As a result of the transaction, GP Investments, Ltd. now holds 1,895,490 shares, worth roughly $4.64 million.
Ladenburg Thalmann upgraded its IZEA Worldwide Inc [IZEA] rating to a Neutral from a a Sell in a research note published recently. A number of analysts have revised their coverage, including Ladenburg Thalmann’s analysts, who decreased its forecast for the stock in late January from “a Neutral” to “a Sell”. Ladenburg Thalmann also remained covering IZEA and has increased its forecast on June 26, 2020 with a “Buy” recommendation from previously “Neutral” rating. Craig Hallum revised its rating on May 15, 2020. It rated IZEA as “a Hold” which previously was an “a Buy”.
Price Performance Review of IZEA
On Tuesday, IZEA Worldwide Inc [NASDAQ:IZEA] saw its stock jump 14.49% to $2.45. Over the last five days, the stock has gained 15.02%. IZEA Worldwide Inc shares have risen nearly 21.89% since the year began. Nevertheless, the stocks have risen 15.57% over the past one year. While a 52-week high of $3.60 was reached on 05/14/24, a 52-week low of $1.83 was recorded on 03/06/24. SMA at 50 days reached $2.26, while 200 days put it at $2.29.
Levels Of Support And Resistance For IZEA Stock
The 24-hour chart illustrates a support level at 2.21, which if violated will result in even more drops to 1.97. On the upside, there is a resistance level at 2.57. A further resistance level may holdings at 2.69. The Relative Strength Index (RSI) on the 14-day chart is 62.48, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.03, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 0.00%. Stochastics %K at 48.22% indicates the stock is a holding.
How much short interest is there in IZEA Worldwide Inc?
A steep rise in short interest was recorded in IZEA Worldwide Inc stocks on 2024-08-15, growing by 11372.0 shares to a total of 48763.0 shares. Yahoo Finance data shows the prior-month short interest on 2024-07-15 was 37391.0 shares. There was a rise of 23.32%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on June 03, 2016 when ROTH Capital began covering the stock and recommended ‘”a Buy”‘ rating .
