Flower City Capital Sells 82,995 Shares of IZEA Worldwide, Inc. (NASDAQ:IZEA)

Flower City Capital cut its holdings in IZEA Worldwide, Inc. (NASDAQ:IZEAFree Report) by 35.9% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 148,397 shares of the company’s stock after selling 82,995 shares during the period. IZEA Worldwide makes up approximately 0.2% of Flower City Capital’s portfolio, making the stock its 25th biggest position. Flower City Capital owned approximately 0.96% of IZEA Worldwide worth $343,000 at the end of the most recent quarter.

IZEA Worldwide Stock Performance

IZEA Worldwide stock traded up $0.10 during midday trading on Tuesday, reaching $2.18. The stock had a trading volume of 9,676 shares, compared to its average volume of 63,784. IZEA Worldwide, Inc. has a 12 month low of $1.83 and a 12 month high of $3.60. The company has a fifty day moving average price of $2.63 and a two-hundred day moving average price of $2.28.

IZEA Worldwide (NASDAQ:IZEAGet Free Report) last issued its earnings results on Wednesday, May 15th. The company reported ($0.20) EPS for the quarter. IZEA Worldwide had a negative net margin of 22.68% and a negative return on equity of 12.08%. The firm had revenue of $6.95 million during the quarter. On average, research analysts anticipate that IZEA Worldwide, Inc. will post -0.27 earnings per share for the current fiscal year.

Insider Buying and Selling at IZEA Worldwide

In related news, major shareholder Gp Investments, Ltd. purchased 178,330 shares of the business’s stock in a transaction on Thursday, May 16th. The stock was acquired at an average price of $2.77 per share, for a total transaction of $493,974.10. Following the purchase, the insider now owns 3,002,036 shares of the company’s stock, valued at $8,315,639.72. The transaction was disclosed in a filing with the SEC, which is available at this link. In the last quarter, insiders purchased 1,262,427 shares of company stock worth $3,900,006. Insiders own 7.50% of the company’s stock.

IZEA Worldwide Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for IZEA Worldwide (NASDAQ:IZEA)

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