IZEA Worldwide, Inc. (NASDAQ:IZEA) Major Shareholder Gp Investments, Ltd. Purchases 6,620 Shares

IZEA Worldwide, Inc. (NASDAQ:IZEA) major shareholder Gp Investments, Ltd. acquired 6,620 shares of the company’s stock in a transaction dated Tuesday, April 16th. The stock was purchased at an average cost of $2.50 per share, with a total value of $16,550.00. Following the completion of the purchase, the insider now directly owns 1,726,386 shares of the company’s stock, valued at approximately $4,315,965. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Major shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

IZEA Worldwide Stock Performance

Shares of NASDAQ IZEA traded up $0.03 during trading on Wednesday, reaching $2.53. The stock had a trading volume of 8,588 shares, compared to its average volume of 53,176. IZEA Worldwide, Inc. has a fifty-two week low of $1.83 and a fifty-two week high of $3.28. The business’s 50-day moving average price is $2.12 and its 200-day moving average price is $2.17. The company has a market cap of $39.09 million, a P/E ratio of -5.53 and a beta of 1.82.

Institutional Investors Weigh In On IZEA Worldwide

Institutional investors have recently modified their holdings of the company. Flower City Capital grew its stake in shares of IZEA Worldwide by 163.2% in the fourth quarter. Flower City Capital now owns 231,392 shares of the company’s stock valued at $465,000 after buying an additional 143,464 shares in the last quarter. Jacob Asset Management of New York LLC grew its stake in shares of IZEA Worldwide by 9.6% in the third quarter. Jacob Asset Management of New York LLC now owns 114,650 shares of the company’s stock valued at $248,000 after buying an additional 10,000 shares in the last quarter. Vanguard Group Inc. grew its stake in shares of IZEA Worldwide by 3.4% in the fourth quarter. Vanguard Group Inc. now owns 600,931 shares of the company’s stock valued at $1,208,000 after buying an additional 19,899 shares in the last quarter. State Street Corp grew its stake in shares of IZEA Worldwide by 7.8% in the first quarter. State Street Corp now owns 206,044 shares of the company’s stock valued at $342,000 after buying an additional 14,913 shares in the last quarter. Finally, Citigroup Inc. acquired a new stake in shares of IZEA Worldwide in the first quarter valued at $108,000. 15.56% of the stock is owned by institutional investors and hedge funds.

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.