Zagg Inc. (NASDAQ:ZAGG) fell 3.4% on Thursday . The company traded as low as $5.06 and last traded at $5.06, with a volume of 143,365 shares. The stock had previously closed at $5.24.

A number of research firms recently weighed in on ZAGG. Wunderlich dropped their price target on shares of Zagg from $13.00 to $10.00 and set a “buy” rating for the company in a research note on Wednesday, May 11th. Zacks Investment Research downgraded shares of Zagg from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 30th. Finally, Roth Capital reissued a “hold” rating on shares of Zagg in a research note on Wednesday, May 18th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company’s stock. Zagg has a consensus rating of “Hold” and a consensus target price of $9.44.

The stock’s 50-day moving average price is $5.21 and its 200 day moving average price is $8.09. The stock has a market capitalization of $147.88 million and a PE ratio of 16.49.

Zagg (NASDAQ:ZAGG) last announced its quarterly earnings data on Tuesday, May 10th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.02 by $0.05. The business had revenue of $62.40 million for the quarter, compared to analysts’ expectations of $71.07 million. During the same quarter last year, the firm earned $0.17 EPS. The firm’s quarterly revenue was up 9.1% on a year-over-year basis. On average, equities analysts forecast that Zagg Inc. will post $0.48 EPS for the current year.

In other news, CFO Bradley J. Holiday acquired 7,560 shares of Zagg stock in a transaction on Thursday, May 19th. The shares were purchased at an average cost of $5.24 per share, for a total transaction of $39,614.40. Following the completion of the purchase, the chief financial officer now directly owns 76,440 shares of the company’s stock, valued at approximately $400,545.60. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director E Todd Heiner acquired 37,865 shares of Zagg stock in a transaction on Thursday, May 19th. The shares were purchased at an average price of $5.25 per share, for a total transaction of $198,791.25. Following the completion of the purchase, the director now directly owns 92,308 shares of the company’s stock, valued at $484,617. The disclosure for this purchase can be found here.

Other large investors recently bought and sold shares of the company. Dimensional Fund Advisors LP increased its stake in Zagg by 11.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,809,165 shares of the company’s stock worth $19,793,000 after buying an additional 181,033 shares during the last quarter. Tieton Capital Management LLC increased its stake in Zagg by 2.6% in the fourth quarter. Tieton Capital Management LLC now owns 762,825 shares of the company’s stock worth $8,345,000 after buying an additional 19,270 shares during the last quarter. Wells Fargo & Company MN increased its stake in Zagg by 4,168.8% in the fourth quarter. Wells Fargo & Company MN now owns 635,064 shares of the company’s stock worth $6,947,000 after buying an additional 620,187 shares during the last quarter. New Amsterdam Partners LLC NY increased its stake in Zagg by 0.4% in the fourth quarter. New Amsterdam Partners LLC NY now owns 470,664 shares of the company’s stock worth $5,149,000 after buying an additional 2,055 shares during the last quarter. Finally, Russell Frank Co increased its stake in Zagg by 59.1% in the fourth quarter. Russell Frank Co now owns 390,711 shares of the company’s stock worth $4,489,000 after buying an additional 145,164 shares during the last quarter.

ZAGG Inc (ZAGG) designs, produces and distributes professional product solutions for mobile devices, including screen protection (glass and film), keyboards for tablet computers and mobile devices, keyboard cases, earbuds, mobile power solutions, cables, and cases under the ZAGG and InvisibleShield brands.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.