Quadrature Capital Ltd acquired a new position in Zagg Inc (NASDAQ:ZAGG) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 75,426 shares of the specialty retailer’s stock, valued at approximately $1,392,000.
Several other institutional investors and hedge funds have also recently bought and sold shares of ZAGG. EAM Investors LLC purchased a new position in shares of Zagg in the 3rd quarter worth about $6,040,000. Ameriprise Financial Inc. boosted its holdings in shares of Zagg by 1,068.2% in the 3rd quarter. Ameriprise Financial Inc. now owns 374,657 shares of the specialty retailer’s stock worth $5,900,000 after purchasing an additional 342,585 shares in the last quarter. Acadian Asset Management LLC boosted its holdings in shares of Zagg by 472.9% in the 4th quarter. Acadian Asset Management LLC now owns 219,968 shares of the specialty retailer’s stock worth $4,059,000 after purchasing an additional 181,571 shares in the last quarter. Granahan Investment Management Inc. MA purchased a new position in shares of Zagg in the 3rd quarter worth about $2,537,000. Finally, Algert Global LLC purchased a new position in shares of Zagg in the 3rd quarter worth about $1,711,000. Hedge funds and other institutional investors own 77.35% of the company’s stock.
Shares of Zagg Inc (ZAGG) opened at $15.65 on Tuesday. Zagg Inc has a fifty-two week low of $5.90 and a fifty-two week high of $23.70. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.12 and a quick ratio of 0.68. The firm has a market capitalization of $437.81, a P/E ratio of 156.50, a price-to-earnings-growth ratio of 2.35 and a beta of 0.88.
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ZAGG Inc (ZAGG) designs, produces and distributes professional product solutions for mobile devices, including screen protection (glass and film), keyboards for tablet computers and mobile devices, keyboard cases, earbuds, mobile power solutions, cables, and cases under the ZAGG and InvisibleShield brands.
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