Zedge Inc (ZDGE) gets rating Reiterated from Maxim Group

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In a filing, Zedge Inc revealed its Director GHERMEZIAN MARK unloaded Company’s shares for reported $0.19 million on Jun 24 ’25. In the deal valued at $4.06 per share,46,683 shares were sold. As a result of this transaction, GHERMEZIAN MARK now holds 25,767 shares worth roughly $0.11 million.

Then, GHERMEZIAN MARK sold 25,767 shares, generating $102,926 in total proceeds. Upon selling the shares at $3.99, the Director now owns 0 shares.

Before that, GHERMEZIAN MARK bought 72,450 shares. Zedge Inc shares valued at $293,422 were divested by the Board Member at a price of $4.05 per share.

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 Tuesday, Zedge Inc [AMEX:ZDGE] saw its stock jump 0.71% to $4.27. Over the last five days, the stock has gained 6.22%. Zedge Inc shares have risen nearly 16.67% since the year began. Nevertheless, the stocks have risen 58.74% over the past one year. While a 52-week high of $4.37 was reached on 07/15/25, 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 4.09, which if violated will result in even more drops to 3.91. On the upside, there is a resistance level at 4.45. A further resistance level may holdings at 4.62.

How much short interest is there in Zedge Inc?

A steep rise in short interest was recorded in Zedge Inc stocks on 2025-06-13, growing by 0.19 million shares to a total of 0.21 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 13639.0 shares. There was a rise of 93.44%, which implies that there is a positive sentiment for the stock.

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