Heron Bay Capital Management Sells 34,479 Shares of Zedge, Inc. (NYSEAMERICAN:ZDGE)

Heron Bay Capital Management trimmed its stake in shares of Zedge, Inc. (NYSEAMERICAN:ZDGE) by 45.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 40,865 shares of the company’s stock after selling 34,479 shares during the quarter. Heron Bay Capital Management owned approximately 0.30% of Zedge worth $110,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Separately, Virtu Financial LLC acquired a new stake in Zedge during the third quarter worth approximately $44,000. 29.37% of the stock is currently owned by hedge funds and other institutional investors.

Zedge Stock Up 4.4 %

NYSEAMERICAN ZDGE opened at $2.35 on Friday. Zedge, Inc. has a one year low of $1.93 and a one year high of $4.37. The company has a market cap of $32.01 million, a P/E ratio of -3.51 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.