Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. 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 $0.89 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 $0.86 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 0.77% to $3.91. The stock’s lowest price that day was $3.6913, but it reached a high of $4.09 in the same session. During the last five days, there has been a surge of approximately 45.35%. Over the course of the year, Zedge Inc shares have jumped approximately 45.35%. Shares of the company reached a 52-week high of $4.10 on 06/18/25 and a 52-week low of $1.73 on 04/07/25.
Support And Resistance Levels for Zedge Inc (ZDGE)
According to the 24-hour chart, there is a support level at 3.70, which, if violated, would cause prices to drop to 3.49. In the upper region, resistance lies at 4.11. The next price resistance is at 4.31. RSI (Relative Strength Index) is 87.80 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.
