Mutual of America Capital Management LLC Sells 19,683 Shares of Ziff Davis, Inc. (NASDAQ:ZD)

Mutual of America Capital Management LLC cut its stake in Ziff Davis, Inc. (NASDAQ:ZD - Free Report) by 74.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,729 shares of the technology company's stock after selling 19,683 shares during the period. Mutual of America Capital Management LLC's holdings in Ziff Davis were worth $327,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Price T Rowe Associates Inc. MD raised its position in shares of Ziff Davis by 3.5% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 29,316 shares of the technology company's stock worth $1,849,000 after acquiring an additional 995 shares in the last quarter. Wesbanco Bank Inc. boosted its holdings in shares of Ziff Davis by 48.6% during the 2nd quarter. Wesbanco Bank Inc. now owns 18,946 shares of the technology company's stock worth $1,043,000 after buying an additional 6,200 shares in the last quarter. Cardinal Capital Management increased its stake in shares of Ziff Davis by 18.3% in the 2nd quarter. Cardinal Capital Management now owns 30,101 shares of the technology company's stock valued at $1,657,000 after acquiring an additional 4,647 shares in the last quarter. QRG Capital Management Inc. increased its stake in shares of Ziff Davis by 3.3% in the 2nd quarter. QRG Capital Management Inc. now owns 18,213 shares of the technology company's stock valued at $1,003,000 after acquiring an additional 590 shares in the last quarter. Finally, SG Americas Securities LLC boosted its stake in Ziff Davis by 142.3% during the second quarter. SG Americas Securities LLC now owns 11,745 shares of the technology company's stock worth $647,000 after acquiring an additional 6,897 shares in the last quarter. Institutional investors and hedge funds own 99.76% of the company's stock.

Ziff Davis Stock Up 2.0 %

ZD stock traded up $1.14 during mid-day trading on Friday, reaching $58.85. 200,751 shares of the company traded hands, compared to its average volume of 435,703. The stock has a market cap of $2.52 billion, a price-to-earnings ratio of 48.91 and a beta of 1.29. The firm's 50 day moving average price is $49.93 and its 200 day moving average price is $50.38. Ziff Davis, Inc. has a fifty-two week low of $37.76 and a fifty-two week high of $70.90. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 0.49.

Analyst Upgrades and Downgrades

ZD has been the subject of several research analyst reports. Royal Bank of Canada reaffirmed an "outperform" rating and issued a $95.00 price target on shares of Ziff Davis in a research note on Friday, September 6th. Barclays upped their price target on Ziff Davis from $44.00 to $61.00 and gave the stock an "equal weight" rating in a research note on Monday, November 11th. Finally, Citigroup cut their price target on Ziff Davis from $52.00 to $47.00 and set a "neutral" rating on the stock in a report on Friday, August 9th. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $71.29.

Ziff Davis Profile

Ziff Davis, Inc, together with its subsidiaries, operates as a digital media and internet company in the United States and internationally. The company offers PCMag, an online resource for laboratory-based product reviews, technology news, buying guides, and research papers; Mashable for publishing technology and culture content; Spiceworks Ziff Davis provides digital content of IT products and services; retailMeNot, a savings destination platform; Offers.com, a coupon and deals website; and event-based properties, including BlackFriday.com, TheBlackFriday.com, BestBlackFriday.com, and DealsofAmerica.com.