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Insider Cluster (2 insiders) ·Filed Aug 20, 2026

ZD

ZIFF DAVIS, INC.
NEUTRAL
Impact 2/10
Horizonimmediate Processed2mo ago
Insider cluster: 2 insiders, $216K total
Actionable Insight • Neutral

This is a routine, low-value insider sale cluster with no material signal. Monitor for any upcoming earnings or M&A announcements that could provide context, but no immediate trading action is warranted based on these sales alone.

DirectionNeutral
Confidencehigh
Horizonimmediate
Latest settled — T+20d
ZD ▲ +3.77% at T+20d
NEUTRAL call +3.77% · α vs SPY +3.77% · entry $55.40 → $57.49
Next anchor: T+60d in 17d
Latest observation: T+45 -4.62% FF3 residual α
Entry = T+0 close
Aug 20, 2026
via day close
T+1d
+1.23%
call +1.23% · α +0.82%
$56.08
settled 2mo ago
T+5d
+0.76%
call +0.76% · α -0.36%
$55.82
settled 2mo ago
T+20d
+3.77%
call +3.77% · α +3.77%
$57.49
settled 6w ago
T+60d
Pending
in 17d

Price Chart

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Executive Summary

Two Ziff Davis insiders sold a combined $216K in open-market sales over a one-week window. Director Kretzmer sold $139K and the Chief Accounting Officer sold $77K. The total is ~0.01% of the $1.9B market cap, well below the 0.1% materiality threshold, making this a routine, non-informative cluster likely driven by personal liquidity or tax planning rather than a bearish signal.

Key Financial Metrics

Direction
selling
Total Value
$216.0K
Insiders
2

Key Facts

  • Director W. Brian Kretzmer sold 2,513 shares at $55.31 for $139K on 2026-08-18.
  • Chief Accounting Officer Lori A. Tansley sold 1,400 shares at $54.76 for $77K on 2026-08-12.
  • Total cluster value of $216K represents ~0.01% of ZD's $1.9B market cap.
  • Both transactions were open-market sales (code S).
  • No C-suite executives (CEO/CFO) participated in the cluster.

Financial Impact

Total insider sales of $216K, or ~0.01% of market cap — trivial.

insider ownership

Risk Factors

  • Insider sales could accelerate if a broader sell-off or negative catalyst emerges.
  • The cluster includes two insiders, but the dollar amounts are too small to indicate a coordinated bearish view.

Market Snapshot

Exchange
Nasdaq
Sector
Telegraph & Other Message Communications
Analyst Consensus
77% bullish (13 analysts)

Investment Themes

Media & Telecom

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-ZD-1787292146954
9 reports for ZD
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for ZD — sortable, filterable
TypeNow
Oct 8, 2026
18d ago
SC 13G/A
BULLISH ★ 4/10
$55.91 $58.44▲ +4.53%▲ +4.80%$57.71 (+3.22%)
Aug 20, 2026
9w ago
Insider Cluster
NEUTRAL ★ 2/10
$55.40 $55.82▲ +0.76%▼ −0.36%$57.71 (+4.17%)
Aug 13, 2026
10w ago
Insider Cluster
NEUTRAL ★ 2/10
$55.38 $56.08▲ +1.26%▲ +2.63%$57.71 (+4.21%)
Jun 17, 2026
18w ago
8-K
BULLISH ★ 7/10
$46.03 $48.55▲ +5.47%▲ +7.14%$57.71 (+25.37%)
Jun 8, 2026
20w ago
Insider Cluster
NEUTRAL ★ 2/10
$46.37 $45.85▼ −1.12%▼ −3.53%$57.71 (+24.46%)
Jun 5, 2026
20w ago
Insider Cluster
NEUTRAL ★ 3/10
$45.81 $46.26▲ +0.98%▲ +0.41%$57.71 (+25.98%)
Jun 3, 2026
20w ago
Insider Cluster
NEUTRAL ★ 2/10
$44.54 $45.80▲ +2.83%▲ +6.65%$57.71 (+29.57%)
Mar 26, 2026
30w ago
DEFA14A
NEUTRAL ★ 3/10
$41.64 $42.70▲ +2.55%▼ −1.32%$57.71 (+38.59%)
Feb 26, 2026
34w ago
8-K
NEUTRAL ★ 3/10
$27.65 $43.65▲ +57.87%▲ +58.99%$57.71 (+108.72%)
Showing 9 of 9

US Market Status

Market Closed — Opens in 27m

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Report published Aug 21, 2026