Zedge (ZDGE)

• Market cap: $33.4M
• 1 day: 9.77%
• 5 days: -8.53%
• 1 month: -12.92%
• 3 months: -25.79%
• 6 months: -12.92%
• Year to date: 0.85%
• 1 year: 6.31%
• 5 years: 52.26%
• 10 years: -54.62%
• Sector: Information Technology
• Industry: Prepackaged Software

About: Zedge Inc provides content distribution platforms. Its content platform enables consumers to personalize their mobile devices with free, high-quality ringtones, wallpapers, home screen app icons, widgets and notification sounds as well as paint, a generative AI wallpaper maker, GuruShots, a skill-based photo challenge game, and Emojipedia. The company also launched a Zedge app. It has two reportable segments, which are the Zedge Marketplace and GuruShots.

Employees: 99

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

19% more capital invested

Capital invested by funds: $6.6M [Q2] → $7.84M (+$1.23M) [Q3]

0.23% less ownership

Funds ownership: 15.52% [Q2] → 15.29% (-0.23%) [Q3]

10% less funds holding

Funds holding: 40 [Q2] → 36 (-4) [Q3]

17% less repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 12

30% less call options, than puts

Call options by funds: $14K | Put options by funds: $20K

57% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 7