IZEA (IZEA) Sees Large Volume Increase

IZEA Inc. (NASDAQ:IZEA) saw strong trading volume on Thursday . 1,192,945 shares traded hands during trading, an increase of 152% from the previous session’s volume of 474,198 shares.The stock last traded at $5.52 and had previously closed at $4.34.

Several analysts have recently commented on the stock. ValuEngine lowered shares of IZEA from a “sell” rating to a “strong sell” rating in a research report on Tuesday, December 5th. Craig Hallum raised shares of IZEA from a “hold” rating to a “buy” rating in a research report on Wednesday, November 8th.

An institutional investor recently raised its position in IZEA stock. Royce & Associates LP raised its position in IZEA Inc. (NASDAQ:IZEA) by 4.4% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 236,176 shares of the company’s stock after purchasing an additional 10,000 shares during the quarter. Royce & Associates LP’s holdings in IZEA were worth $451,000 as of its most recent SEC filing. 19.42% of the stock is currently owned by institutional investors.

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IZEA Company Profile

IZEA, Inc (IZEA) operates online marketplaces that facilitate transactions between brands and influential content creators. These creators produce and distribute text, videos and photos on behalf of brands through Websites, blogs and social media channels. Its technology enables transactions to be completed at scale through the management of content workflow, creator search and targeting, bidding, analytics and payment processing.

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