Gp Investments, Ltd. Buys 20,059 Shares of IZEA Worldwide, Inc. (NASDAQ:IZEA) Stock

IZEA Worldwide, Inc. (NASDAQ:IZEA) major shareholder Gp Investments, Ltd. bought 20,059 shares of IZEA Worldwide stock in a transaction on Wednesday, May 1st. The stock was acquired at an average price of $2.87 per share, with a total value of $57,569.33. Following the completion of the purchase, the insider now directly owns 1,848,298 shares of the company’s stock, valued at $5,304,615.26. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Major shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

Gp Investments, Ltd. also recently made the following trade(s):

• On Friday, May 3rd, Gp Investments, Ltd. purchased 1,427 shares of IZEA Worldwide stock. The shares were acquired at an average price of $3.00 per share, for a total transaction of $4,281.00.
• On Friday, April 26th, Gp Investments, Ltd. bought 61,598 shares of IZEA Worldwide stock. The shares were acquired at an average cost of $2.78 per share, for a total transaction of $171,242.44.
• On Wednesday, April 24th, Gp Investments, Ltd. purchased 28,258 shares of IZEA Worldwide stock. The shares were bought at an average price of $2.48 per share, with a total value of $70,079.84.
• On Tuesday, April 16th, Gp Investments, Ltd. bought 6,620 shares of IZEA Worldwide stock. The stock was bought at an average price of $2.50 per share, with a total value of $16,550.00.

IZEA Worldwide Trading Down 0.7 %

NASDAQ:IZEA opened at $3.01 on Friday. IZEA Worldwide, Inc. has a 1 year low of $1.83 and a 1 year high of $3.28. The firm’s fifty day simple moving average is $2.31 and its 200 day simple moving average is $2.21.

IZEA Worldwide (NASDAQ:IZEA) last posted its quarterly earnings data on Monday, April 1st. The company reported ($0.09) EPS for the quarter. IZEA Worldwide had a negative return on equity of 11.14% and a negative net margin of 20.29%. The business had revenue of $8.89 million during the quarter. As a group, equities research analysts predict that IZEA Worldwide, Inc. will post 0.15 earnings per share for the current year.

Hedge Funds Weigh In On IZEA Worldwide

An institutional investor recently raised its position in IZEA Worldwide stock. Jacob Asset Management of New York LLC grew its stake in shares of IZEA Worldwide, Inc. (NASDAQ:IZEA) by 9.6% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 114,650 shares of the company’s stock after buying an additional 10,000 shares during the period. Jacob Asset Management of New York LLC owned approximately 0.74% of IZEA Worldwide worth $248,000 as of its most recent filing with the SEC. Institutional investors own 15.56% of the company’s stock.

About IZEA Worldwide

IZEA Worldwide, Inc, together with its subsidiaries, offers software and professional services to connect brands and content creators in North America, the Asia Pacific, and internationally. The company offers IZEA Flex, its flagship platform for managing enterprise influencer marketing; and comprehensive expense management service to track and manage off-platform expenses related to influencer marketing campaigns.