IZEA Inc. (IZEA) Raised to Sell at ValuEngine
IZEA Inc. (NASDAQ:IZEA) was upgraded by investment analysts at ValuEngine from a “strong sell” rating to a “sell” rating in a research note issued to investors on Tuesday.
Separately, Craig Hallum upgraded IZEA from a “hold” rating to a “buy” rating in a research note on Wednesday, November 8th.
Shares of IZEA (NASDAQ IZEA) traded up $0.47 during mid-day trading on Tuesday, reaching $4.82. The company’s stock had a trading volume of 1,312,355 shares, compared to its average volume of 440,947. IZEA has a 12 month low of $1.37 and a 12 month high of $7.85.
A hedge fund recently raised its stake in IZEA stock. Royce & Associates LP lifted its holdings in shares of IZEA Inc. (NASDAQ:IZEA) by 4.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 236,176 shares of the company’s stock after buying an additional 10,000 shares during the period. Royce & Associates LP’s holdings in IZEA were worth $451,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 27.44% of the company’s stock.
IZEA, Inc (IZEA) operates online marketplaces that facilitate transactions between brands and influential content creators. These creators produce and distribute text, videos and photos on behalf of brands through Websites, blogs and social media channels. Its technology enables transactions to be completed at scale through the management of content workflow, creator search and targeting, bidding, analytics and payment processing.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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