Ziff Davis CEO Vivek Shah sells $134,275 in company stock

Ziff Davis CEO Vivek Shah disposed of 2,650 shares of the company's common stock on November 11, 2026, for a total of $134,275. This represents a significant step down from his previous holdings, with 1,310 shares directly held by him following the sale. Shah's shares had experienced a 67% increase over the past year, with InvestingPro analysts deeming the stock undervalued at current levels.

The transaction was executed according to a Rule 10b5-1 trading plan he had established in August 2026 for financial planning purposes, making it Shah's first sale of Ziff Davis stock since December 2018. The filing also revealed that Shah continues to hold a substantial number of shares indirectly, including 357,632 through a revocable trust he controls and 110,000 shares held in an irrevocable family trust managed by his spouse.

Additionally, 163,181 unvested Performance Stock Awards were canceled prior to their vesting conditions. Meanwhile, Ziff Davis reported its Q3 2026 financial results, achieving an adjusted earnings per share of $1.39, higher than expected estimates of $1.21. However, revenue fell short of forecasts at $289.3 million compared to the anticipated $295.32 million, highlighting ongoing challenges with search traffic and revenue growth.

Analysts attributed the earnings beat to cost control measures and share repurchases, suggesting the company's commitment to financial discipline despite market headwinds.