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.