TechTarget Inc (NASDAQ:TTGT) insider Greg Strakosch sold 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, January 18th. The shares were sold at an average price of $15.00, for a total value of $75,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Greg Strakosch also recently made the following trade(s):

  • On Thursday, January 11th, Greg Strakosch sold 30,000 shares of TechTarget stock. The shares were sold at an average price of $13.95, for a total value of $418,500.00.
  • On Thursday, December 14th, Greg Strakosch sold 328 shares of TechTarget stock. The shares were sold at an average price of $14.00, for a total value of $4,592.00.
  • On Monday, December 11th, Greg Strakosch sold 25,000 shares of TechTarget stock. The shares were sold at an average price of $13.38, for a total value of $334,500.00.
  • On Thursday, November 16th, Greg Strakosch sold 25,000 shares of TechTarget stock. The shares were sold at an average price of $13.16, for a total value of $329,000.00.

Shares of TechTarget Inc (TTGT) traded up $0.07 during trading hours on Thursday, reaching $15.06. The company’s stock had a trading volume of 51,524 shares, compared to its average volume of 56,617. The stock has a market capitalization of $406.23, a PE ratio of 125.50, a price-to-earnings-growth ratio of 2.37 and a beta of 1.41. TechTarget Inc has a 1-year low of $8.41 and a 1-year high of $15.08. The company has a quick ratio of 2.53, a current ratio of 2.53 and a debt-to-equity ratio of 0.21.

TechTarget (NASDAQ:TTGT) last announced its quarterly earnings data on Wednesday, November 8th. The information services provider reported $0.11 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.10 by $0.01. The business had revenue of $28.01 million during the quarter, compared to analysts’ expectations of $28.34 million. TechTarget had a return on equity of 3.01% and a net margin of 3.33%. The firm’s quarterly revenue was up 8.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.07 earnings per share. sell-side analysts predict that TechTarget Inc will post 0.2 EPS for the current fiscal year.

A number of research analysts have recently commented on TTGT shares. Jefferies Group restated a “hold” rating and issued a $11.00 target price on shares of TechTarget in a research note on Thursday, September 28th. Needham & Company LLC restated a “buy” rating and issued a $14.00 target price (up previously from $11.00) on shares of TechTarget in a research note on Tuesday, October 3rd. Zacks Investment Research cut TechTarget from a “hold” rating to a “sell” rating in a research note on Wednesday, October 11th. Finally, BidaskClub cut TechTarget from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, December 12th. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $14.00.

Large investors have recently made changes to their positions in the business. First Quadrant L P CA purchased a new position in TechTarget during the third quarter valued at $115,000. Wells Fargo & Company MN raised its stake in TechTarget by 2.6% during the second quarter. Wells Fargo & Company MN now owns 11,046 shares of the information services provider’s stock valued at $115,000 after buying an additional 275 shares during the last quarter. Nationwide Fund Advisors raised its stake in TechTarget by 12.6% during the second quarter. Nationwide Fund Advisors now owns 12,634 shares of the information services provider’s stock valued at $131,000 after buying an additional 1,418 shares during the last quarter. Acadian Asset Management LLC purchased a new position in TechTarget during the fourth quarter valued at $222,000. Finally, Goldman Sachs Group Inc. raised its stake in TechTarget by 14.9% during the second quarter. Goldman Sachs Group Inc. now owns 17,754 shares of the information services provider’s stock valued at $184,000 after buying an additional 2,303 shares during the last quarter. Institutional investors and hedge funds own 55.84% of the company’s stock.

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TechTarget Company Profile

TechTarget, Inc provides online content that helps buyers and sellers of corporate information technology (IT) products and services. The Company’s offerings enable IT vendors to identify, reach and influence corporate IT decision makers researching specific IT purchases through customized marketing programs that include data analytics-driven intelligence solutions, demand generation and brand advertising.

Insider Buying and Selling by Quarter for TechTarget (NASDAQ:TTGT)

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