Zedge, Inc. (NYSEAMERICAN:ZDGE) Shares Sold by O Shaughnessy Asset Management LLC

O Shaughnessy Asset Management LLC lessened its position in Zedge, Inc. (NYSEAMERICAN:ZDGE) by 51.6% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 13,706 shares of the company’s stock after selling 14,628 shares during the period. O Shaughnessy Asset Management LLC owned approximately 0.10% of Zedge worth $37,000 at the end of the most recent reporting period.

Separately, FMR LLC increased its holdings in Zedge by 30.2% in the third quarter. FMR LLC now owns 44,414 shares of the company’s stock valued at $164,000 after buying an additional 10,293 shares in the last quarter. 29.37% of the stock is owned by institutional investors and hedge funds.

Zedge Trading Up 1.6 %

ZDGE opened at $1.94 on Tuesday. The firm has a market cap of $26.42 million, a price-to-earnings ratio of -2.90 and a beta of 1.25. Zedge, Inc. has a one year low of $1.73 and a one year high of $4.37.

About Zedge

Zedge, Inc builds digital marketplaces and competitive games around content that people use to express themselves. It offers the Zedge Ringtones and Wallpapers app, a freemium digital content marketplace that provides a wide array of mobile personalization content, including mobile phone wallpapers, video wallpapers, ringtones, and notification sounds.