IZEA Inc. (IZEA) Sees Unusually-High Trading Volume
Shares of IZEA Inc. (NASDAQ:IZEA) saw strong trading volume on Tuesday . 1,312,155 shares changed hands during trading, an increase of 198% from the previous session’s volume of 440,947 shares.The stock last traded at $4.82 and had previously closed at $4.35.
Several equities research analysts have issued reports on the company. ValuEngine lowered IZEA from a “sell” rating to a “strong sell” rating in a research note on Wednesday, October 25th. Craig Hallum lowered IZEA from a “buy” rating to a “hold” rating in a research note on Monday, October 2nd.
In related news, major shareholder Awm Investment Company, Inc. sold 450,000 shares of the business’s stock in a transaction dated Tuesday, September 26th. The stock was sold at an average price of $5.74, for a total transaction of $2,583,000.00. The sale was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 25.50% of the company’s stock.
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IZEA Company Profile
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.
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