Zedge, Inc. (NYSEAMERICAN:ZDGE) Shares Sold by O Shaughnessy Asset Management LLC

O Shaughnessy Asset Management LLC lessened its holdings in shares of Zedge, Inc. (NYSEAMERICAN:ZDGE) by 51.6% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 13,706 shares of the company’s stock after selling 14,628 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in Zedge were worth $37,000 at the end of the most recent quarter.

Separately, Virtu Financial LLC bought a new position in Zedge in the 3rd quarter worth approximately $44,000. Institutional investors and hedge funds own 29.37% of the company’s stock.

Zedge Stock Performance

Zedge stock opened at $1.94 on Tuesday. Zedge, Inc. has a 52 week low of $1.73 and a 52 week high of $4.37. The stock has a market cap of $26.42 million, a price-to-earnings ratio of -2.90 and a beta of 1.25.

Zedge Company Profile

Zedge, Inc builds digital marketplaces and competitive games around content that people use to express themselves. It offers the Zedge Ringtones and Wallpapers app, a freemium digital content marketplace that provides a wide array of mobile personalization content, including mobile phone wallpapers, video wallpapers, ringtones, and notification sounds.