Investing in Zedge Inc (ZDGE): What You Must Know

Zedge Inc’s filing revealed that its Director GIBBER ELLIOT acquired Company’s shares for reported $4414.0 on Apr 16 ’25. In the deal valued at $2.21 per share,1,999 shares were bought. As a result of this transaction, GIBBER ELLIOT now holds 228,082 shares worth roughly $0.84 million.

Then, GIBBER ELLIOT bought 5,000 shares, generating $10,184 in total proceeds. Upon buying the shares at $2.04, the Director now owns 226,083 shares.

Before that, GIBBER ELLIOT bought 5,000 shares. Zedge Inc shares valued at $9,741 were divested by the Director at a price of $1.95 per share. As a result of the transaction, GIBBER ELLIOT now holds 221,083 shares, worth roughly $0.82 million.

Maxim Group reiterated its Zedge Inc [ZDGE] rating to a Buy in a research note published on March 16, 2021; the price target was $24. A number of analysts have revised their coverage, including Maxim Group’s analysts, who began to cover the stock in mid February with a ‘”a Buy”‘ rating. National Securities began covering ZDGE with “Buy” recommendation on June 25, 2020.

Price Performance Review of ZDGE

On Monday, Zedge Inc [AMEX:ZDGE] saw its stock jump 33.09% to $3.70. Over the last five days, the stock has gained 42.31%. Zedge Inc shares have risen nearly 37.55% since the year began. Nevertheless, the stocks have risen 17.83% over the past one year. While a 52-week high of $4.37 was reached on 06/16/25, a 52-week low of $1.73 was recorded on 04/07/25.

Levels Of Support And Resistance For ZDGE Stock

The 24-hour chart illustrates a support level at 3.12, which if violated will result in even more drops to 2.53. On the upside, there is a resistance level at 4.02. A further resistance level may holdings at 4.33.

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