The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Zedge Inc shares valued at $4,414 were purchased by GIBBER ELLIOT on Apr 16 ’25. At $2.21 per share, GIBBER ELLIOT acquired 1,999 shares. The insider’s holdings grew to 228,082 shares worth approximately $0.64 million following the completion of this transaction.
Also, GIBBER ELLIOT purchased 5,000 shares, netting a total of over 10,184 in proceeds. Following the buying of shares at $2.04 each, the insider now holds 226,083 shares.
Before that, GIBBER ELLIOT had added 5,000 shares to its account. In a trade valued at $9,741, the Director bought Zedge Inc shares for $1.95 each. Upon closing the transaction, the insider’s holdings increased to 5,000 shares, worth approximately $0.62 million.
As published in a research note from Maxim Group on March 16, 2021, Zedge Inc [ZDGE] has been retained to a Buy and the price target has been revised to $24. Analysts at Maxim Group started covering the stock with ‘”a Buy”‘ outlook in a report released in mid February. As of June 25, 2020, National Securities has initiated its “Buy” rating for ZDGE.
Analyzing ZDGE Stock Performance
On last trading session,, Zedge Inc [AMEX: ZDGE] rose 4.09% to $2.80. The stock’s lowest price that day was $2.65, but it reached a high of $2.859 in the same session. During the last five days, there has been a surge of approximately 7.28%. Over the course of the year, Zedge Inc shares have jumped approximately 4.09%.
Support And Resistance Levels for Zedge Inc (ZDGE)
RSI (Relative Strength Index) is 71.03 on the 14-day chart, showing overbought technical sentiment.
Is Zedge Inc subject to short interest?
Stocks of Zedge Inc saw a sharp rise in short interest on 2025-05-30 jumping by 3008.0 shares to 17460.0. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 14452.0 shares. A jump of 17.23% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 0.53 of the overall float, the days-to-cover ratio (short ratio) jumped to 0.53.
