J2 Global Inc (NASDAQ:JCOM) CEO Vivek Shah sold 3,000 shares of the stock in a transaction on Tuesday, January 16th. The stock was sold at an average price of $77.63, for a total value of $232,890.00. Following the sale, the chief executive officer now directly owns 748,232 shares in the company, valued at $58,085,250.16. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

J2 Global Inc (JCOM) traded up $1.42 on Wednesday, hitting $78.24. The stock had a trading volume of 263,615 shares, compared to its average volume of 302,155. The firm has a market cap of $3,790.00, a price-to-earnings ratio of 28.98 and a beta of 0.87. J2 Global Inc has a 12 month low of $71.09 and a 12 month high of $91.48. The company has a current ratio of 2.79, a quick ratio of 2.79 and a debt-to-equity ratio of 1.02.

J2 Global (NASDAQ:JCOM) last released its quarterly earnings data on Thursday, November 2nd. The technology company reported $1.34 earnings per share for the quarter, missing the consensus estimate of $1.36 by ($0.02). The business had revenue of $273.60 million during the quarter, compared to analyst estimates of $272.84 million. J2 Global had a net margin of 12.60% and a return on equity of 26.43%. The business’s quarterly revenue was up 30.2% compared to the same quarter last year. During the same period last year, the business earned $1.25 earnings per share. equities analysts anticipate that J2 Global Inc will post 5.35 EPS for the current year.

JCOM has been the topic of several analyst reports. Zacks Investment Research lowered J2 Global from a “hold” rating to a “sell” rating in a report on Friday, October 20th. ValuEngine raised J2 Global from a “hold” rating to a “buy” rating in a report on Wednesday, October 11th. Finally, BidaskClub lowered J2 Global from a “hold” rating to a “sell” rating in a report on Thursday, December 7th. One analyst has rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $101.75.

Large investors have recently added to or reduced their stakes in the stock. Foster & Motley Inc. boosted its stake in J2 Global by 63.5% in the third quarter. Foster & Motley Inc. now owns 28,578 shares of the technology company’s stock valued at $2,111,000 after buying an additional 11,100 shares in the last quarter. Koch Industries Inc. boosted its stake in J2 Global by 15,945.3% in the second quarter. Koch Industries Inc. now owns 835,159 shares of the technology company’s stock valued at $825,000 after buying an additional 829,954 shares in the last quarter. FMR LLC boosted its stake in J2 Global by 19.9% in the second quarter. FMR LLC now owns 6,055,030 shares of the technology company’s stock valued at $515,222,000 after buying an additional 1,004,664 shares in the last quarter. American International Group Inc. boosted its stake in J2 Global by 2.9% in the third quarter. American International Group Inc. now owns 130,050 shares of the technology company’s stock valued at $9,608,000 after buying an additional 3,714 shares in the last quarter. Finally, Vanguard Group Inc. boosted its stake in J2 Global by 3.3% in the second quarter. Vanguard Group Inc. now owns 3,904,633 shares of the technology company’s stock valued at $332,246,000 after buying an additional 123,030 shares in the last quarter.

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About J2 Global

j2 Global, Inc is a provider of services delivered through the Internet. The Company provides cloud services to businesses of all sizes, from individuals to enterprises. The Company operates in two segments: Business Cloud Services and Digital Media. The Company’s Digital Media business segment consists of the Web properties and business operations of Ziff Davis, Inc (Ziff Davis).

Insider Buying and Selling by Quarter for J2 Global (NASDAQ:JCOM)

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