ZD ZIFF DAVIS, INC. Insider Trading

CFO Bret Richter sells 18,000 ZD shares at $46.88; stock at $45.74, up 12.0% in 30d. Post-sale holding: 29.2K shares (-38.1%).

Bret Richter, Chief Financial Officer of Ziff Davis, sold 18,000 shares at $46.88 on 2026-06-10, reducing his holdings by 38.1% to 29.2K shares. The stock is now trading at $45.74, having risen 12.0% over the prior 30 days and 15.9% over 90 days, above its 52-week low but 9.5% below its 52-week high. His cross-ticker track record shows limited open-market buying activity (1 prior buy) with poor outcomes: that prior buy at ZD on 2025-03-05 generated 30-day and 90-day losses of 14.6% and 17.6%, respectively. The company trades at a P/E of 37.19 on modest 3.5% annual revenue growth, with latest-quarter net income of $22.3M on revenue of $267.6M. The sale represents a material reduction in the CFO's stake rather than a modest rebalance.

Director FAY SARAH ANN bought 1,354 shares of ZD at $36.89 on 2025-09-15, raising holdings to 23,619 shares.

FAY SARAH ANN, a director of Ziff Davis, purchased 1,354 shares at $36.89 on 2025-09-15, expanding her stake by 6.1% to 23,619 shares. The transaction occurred at a price 38.9% below the 52-week high of $59.99, though current price sits at $36.65, slightly below the purchase price. Her same-ticker history at ZD shows mixed outcomes: a prior buy in March 2025 declined 20.1% over 90 days, while a 2023 purchase gained 4.6% over the same period, suggesting uneven timing across this ticker. Her cross-ticker track record displays a 50% win rate at the 90-day mark with an average negative return of 7.7%, and this purchase extends a pattern of modest accumulation rather than a concentrated conviction signal.

Director Kretzmer bought 653 ZD shares at $38.33; 6 insiders purchased within 14 days amid -43.2% YTD decline.

W Brian Kretzmer, a director of Ziff Davis, purchased 653 shares at $38.33 on 2025-03-06, increasing his holdings from 12,315 shares to 12,968 shares. This transaction occurs within a notable cluster pattern: 6 other insiders also bought within the past 14 days, suggesting coordinated or coincident accumulation. The timing is notable given that the stock has declined 43.2% from its 52-week high of $68.88 and has fallen 25.7% in the past 30 days and 32.9% over 90 days. The company reported a latest quarterly revenue of $353,580,000.00 but a net income of $-48,577,000.00, indicating current profitability challenges despite 2.8% annual revenue growth. The confluence of multiple insider purchases during a period of significant share price deterioration and negative earnings warrants closer examination of management's assessment of intrinsic value and near-term catalysts.

ZD CEO Vivek Shah buys 12,636 shares at $39.56; stock down 43.2% from 52-week high amid cluster buy by 6 other insiders in 14 days.

CEO Shah Vivek purchased 12,636 shares at $39.56, expanding his holdings to 282,063 shares (+4.7% increase), amid significant price pressure: the stock is -43.2% from its 52-week high of $68.88 and down 25.7% over 30 days. The purchase coincides with a cluster pattern of 6 other insiders buying within the past 14 days, suggesting coordinated confidence at current levels. Shah's own cross-ticker track record shows 1 prior buy with 100% 90-day win rate averaging +13.0% return, though this prior ZD purchase on 2023-05-30 occurred at very different market conditions. The company's fundamentals present mixed signals: positive revenue growth of +2.8% annually, but a net loss of $-48,577,000 in the latest quarter against $353.6M quarterly revenue. The multiple transacting insiders and CEO participation warrant attention as a potential reversal signal, though the 32.9% 90-day decline and negative net income require careful evaluation of underlying operational trends before assuming this represents a sustained conviction-driven bottom.

ZD CFO Richter Bret buys 2,500 shares at $39.21; stock -43.2% from 52-week high. 6-insider cluster buy in 14 days.

Richter Bret, CFO of Ziff Davis, purchased 2,500 shares at $39.21 on 2025-03-05, increasing his holdings from 13,839 to 16,339 shares—an 18.1% increase in his position. The transaction occurs amid a sharp stock decline: the current price of $39.15 reflects a -43.2% drawdown from the 52-week high of $68.88 and a -32.9% drop over the past 90 days. Notably, this purchase is part of a cluster of 6 other insider buys within the past 14 days, suggesting coordinated or simultaneous confidence among multiple executives. His cross-ticker track record shows a 100% win rate on prior buys (avg 90d return +14.4%), and his prior ZD purchase on 2023-05-31 also generated positive 90-day returns (+14.4%), establishing a pattern of well-timed entry points. However, the company's fundamentals present tension: latest quarterly revenue stands at $353,580,000 with negative net income of -48,577,000, and the P/E of 19.97 on a market cap of $1,677,383,355.15 suggests valuations remain elevated despite the stock's recent deterioration.

EVP/General Counsel Jeremy Rossen bought 1.0K shares of ZD at $38.02 on 2025-03-05; cluster buy with 5 other insiders in 14 days as stock down -44.6% from 52-week high.

Jeremy Rossen, EVP/General Counsel, purchased 1,000 shares at $38.02, doubling his holding from 1,000 to 2,000 shares. This transaction occurs during a significant downturn: the stock is -44.6% from its 52-week high and has declined -27.3% over the past 30 days and -33.9% over 90 days. Rossen's prior buy at ZD (on 2023-05-31) delivered a +19.9% 30-day return and +15.7% 90-day return, indicating a pattern of well-timed accumulation at this ticker. The transaction is part of a broader cluster, with 5 other insiders purchasing within the past 14 days, suggesting coordinated confidence despite ZD's operational headwinds (net income of $-48.6M in the latest quarter). This convergence of insider accumulation amid price weakness warrants investor attention to whether the cluster represents informed conviction about valuation or a response to material developments not yet reflected in public guidance.

Director Jana Barsten buys 1,000 ZD shares at $38.08; 5 other insiders buying in 14 days amid -27.3% 30-day decline.

Director Barsten Jana purchased 1,000 shares at $38.08 on 2025-03-04, increasing holdings by 29.9% from 3,347 to 4,347 shares. This transaction is part of a cluster pattern: 5 other insiders also bought within the past 14 days, indicating coordinated insider accumulation during significant price weakness. The stock has declined -27.3% over 30 days and trades at -44.6% from its 52-week high of $68.88, while the company reported a net loss of $-48.6M against quarterly revenue of $353.6M. The simultaneous buying by multiple insiders despite deteriorating recent price performance and current operating losses suggests potential insider view divergent from market sentiment.

ZD Director FAY SARAH ANN bought 1,282 shares at $39.00 on 2025-03-04; stock down -43.3% from 52-week high; cluster of 3 other insider buys within 14 days.

FAY SARAH ANN, a Director, purchased 1,282 shares at $39.00, increasing her stake to 18,655 shares (+7.4% vs pre-transaction holdings), in a $49,998.00 transaction. This purchase occurs as Ziff Davis stock trades 43.3% below its 52-week high of $68.88, and the stock has declined -27.5% over the past 30 days and -33.6% over 90 days. Her prior buy at this ticker in May 2023 was followed by positive 90-day returns (+4.6%), aligning with her perfect 100% 90-day win rate across her cross-ticker track record. Notably, 3 other insiders also bought within the past 14 days, suggesting coordinated confidence despite depressed valuations, though the company's latest quarter shows net losses of $-48.6M against revenue of $353.6M.

Director Harris Teresa A buys 593 ZD shares at $42.11; stock now -40.8% from 52-week high despite her prior buy at this ticker showing +24.1% 90-day return.

Director Teresa A. Harris purchased 593 shares of Ziff Davis at $42.11 on 2025-02-27, increasing her holdings by 6.9% to 9,233 shares. The timing is notable in context of recent price deterioration: the stock is currently down 40.8% from its 52-week high of $69.39 and has declined 23.9% over the past 30 days and 30.2% over 90 days. However, Harris's prior purchase of ZD shares on 2024-08-27 demonstrated strong outcomes, with the stock rising 24.1% within 90 days of that trade, suggesting she has shown accuracy identifying entry points at this ticker. The company faces operational headwinds—posting a net loss of $48.6M on $353.6M revenue in the latest quarter—yet Harris's decision to accumulate shares during a sharp drawdown merits investor attention given her demonstrated track record at this specific security.

Director Teresa Harris buys 1,000 ZD shares at $46.76; stock -33.9% from 52-week high.

Teresa Harris, a director, purchased 1,000 shares of Ziff Davis at $46.76, bringing her total holdings to 11,153 shares. The transaction occurred while the stock trades at $46.85 (current price), down 33.9% from the 52-week high of $70.84 and 17.5% lower over the past 90 days. The company reported net income of $36.9M on revenue of $320.8M in the latest quarter, though annual revenue growth stands at -1.9%. At a P/E of 26.17 and market cap of $2.1B, the valuation remains elevated despite the stock's recent weakness. The purchase signals open-market accumulation by a director during a period of significant price depreciation, though without additional transaction context or track record data, the underlying motivation cannot be definitively characterized.