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Teresa A. Harris, a director at Ziff Davis, Inc. (NASDAQ:ZD), recently acquired 593 shares of the company’s common stock. The transaction, which took place on February 27, 2025, was executed at a price of $42.11 per share, resulting in a total purchase value of approximately $24,971. According to InvestingPro analysis, the stock appears undervalued, trading at $41.06 with an impressive gross profit margin of 85.71%.
Following this transaction, Harris now holds a total of 9,233 shares in Ziff Davis. It’s worth noting that this figure reflects a correction for a previous error in reporting restricted stock units. The shares were acquired directly by Harris, emphasizing her confidence in the company’s prospects. InvestingPro data shows management has been actively buying back shares, while technical indicators suggest the stock is currently oversold. For comprehensive insider trading analysis and 13 additional ProTips, explore the full Ziff Davis research report on InvestingPro.
In other recent news, Ziff Davis Inc. reported its financial results for the fourth quarter of 2024, with adjusted diluted earnings per share (EPS) of $2.58, slightly exceeding the forecasted $2.57. However, the company fell short on revenue, posting $412.8 million against an expected $423.87 million. Despite the earnings beat, the revenue miss impacted investor sentiment. The company’s full-year revenue reached $1.401 billion, marking a 2.8% rise from the previous year, while adjusted EBITDA for the quarter was $171.8 million, up 2.5% year-over-year. Looking ahead, Ziff Davis anticipates a revenue growth midpoint of 5% for 2025, with an adjusted EBITDA growth midpoint of 6%. Additionally, Citi analysts recently adjusted their outlook on Ziff Davis, reducing the price target from $58.00 to $52.00 while maintaining a Neutral rating. The analysts noted potential risks associated with GenAI Search, despite no current traffic or click-through rate headwinds. The company’s management expressed confidence in returning to growth across all five segments in 2025.
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