In the third quarter of 2025, the Meridian Growth Fund investor letter highlighted equities hitting record highs, boosted by technology gains and falling bond yields. The fund returned -1.78% (net) compared to the Russell 2500 Growth Index’s 10.73% return, citing sector positioning for underperformance. Download the letter for top holdings.

Ziff Davis, Inc. (NASDAQ:ZD) was a key focus in the Meridian Growth Fund’s investor letter, noting its digital media and internet services. ZD stock saw a one-month return of -3.44% and closed at $32.82 per share on November 28, 2025, with a market cap of $1.346 billion. The company operates in Business Cloud Services and Digital Media segments.

Meridian Growth Fund praised Ziff Davis, Inc. (NASDAQ:ZD) for its strategic acquisitions and return to organic growth, demonstrating value creation and capital allocation. The fund believes in the company’s potential for further growth, maintaining its position due to enhanced transparency and earnings growth. ZD stock rebounded following organic growth, showing promise for future expansion.

Ziff Davis, Inc. (NASDAQ:ZD) is not among the 30 most popular stocks among hedge funds, with 27 hedge fund portfolios holding the stock at the end of Q3 2025. ZD reported $363.7 million in revenue for the quarter, showing growth compared to the prior year. While acknowledging ZD’s potential, some AI stocks offer greater upside potential with less downside risk. Check out a free report on the best short-term AI stock for more information.

Read more at Yahoo Finance: What Makes Ziff Davis (ZD) a Good Investment?