TechTarget COO Michael Cotoia Sells 2,800 Shares (TTGT)
TechTarget (NASDAQ:TTGT) COO Michael Cotoia unloaded 2,800 shares of the stock on the open market in a transaction that occurred on Thursday, January 16th. The stock was sold at an average price of $6.91, for a total value of $19,348.00. Following the transaction, the chief operating officer now directly owns 240,534 shares of the company’s stock, valued at approximately $1,662,090. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Separately, analysts at Benchmark Co. raised their price target on shares of TechTarget from $5.50 to $6.00 in a research note to investors on Monday, November 11th. They now have a “buy” rating on the stock.
TechTarget (NASDAQ:TTGT) last posted its quarterly earnings results on Thursday, November 7th. The company reported $0.03 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.03. The company had revenue of $22.10 million for the quarter, compared to the consensus estimate of $22.04 million.
TechTarget, Inc is a provider of specialized online content and brand advertising that brings together buyers and sellers of corporate information technology (NASDAQ:TTGT) products.
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