Investor Confidence Dwindles After BuzzFeed Inc. (NASDAQ: BZFD) Shares Drop By About -0.13

BuzzFeed Inc (NASDAQ:BZFD) has a beta value of 3.68 and has seen 1.61 million shares traded in the last trading session. The company, currently valued at $113.26M, closed the last trade at $3.20 per share which meant it lost -$0.13 on the day or -3.76% during that session. The BZFD stock price is -77.5% off its 52-week high price of $5.68 and 80.0% above the 52-week low of $0.64. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.55 million shares traded. The 3-month trading volume is 871.84K shares.

BuzzFeed Inc (NASDAQ:BZFD) trade information

Sporting -3.76% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the BZFD stock price touched $3.20 or saw a rise of 33.19%. Year-to-date, BuzzFeed Inc shares have moved 220.00%, while the 5-day performance has seen it change -31.33%. Over the past 30 days, the shares of BuzzFeed Inc (NASDAQ:BZFD) have changed -2.44%. Short interest in the company has seen 0.42 million shares shorted with days to cover at 0.31.

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BuzzFeed Inc (BZFD) estimates and forecasts

The company’s shares have gained 46.79% over the past 6 months.

BZFD Dividends

BuzzFeed Inc is expected to release its next earnings report in January this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

BuzzFeed Inc (NASDAQ:BZFD)’s Major holders

Insiders own 36.01% of the company shares, while shares held by institutions stand at 25.54% with a share float percentage of 39.92%. Investors are also buoyed by the number of investors in a company, with BuzzFeed Inc having a total of 40.0 institutions that hold shares in the company. The top two institutional holders are IFP ADVISORS, INC with over 2000.0 shares worth more than $836.0. As of 2024-06-30, IFP ADVISORS, INC held 0.0055% of shares outstanding.

The other major institutional holder is NELSON, VAN DENBURG & CAMPBELL WEALTH MANAGEMENT GROUP, LLC, with the holding of over 500.0 shares as of 2024-06-30. The firm’s total holdings are worth over $1380.0 and represent 0.0014% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund . As of Sep 30, 2024 , the former fund manager holds about 1.66% shares in the company for having 610.01 shares of worth $1.95 million while later fund manager owns 173.03 shares of worth $0.55 million as of Sep 30, 2024 , which makes it owner of about 0.47% of company’s outstanding stock.