Insider Selling: Michael Cotoia Sells 10,309 Shares of TechTarget Stock (TTGT)
TechTarget (NASDAQ:TTGT) COO Michael Cotoia unloaded 10,309 shares of the company’s stock on the open market in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $7.00, for a total value of $72,163.00. Following the completion of the sale, the chief operating officer now directly owns 209,275 shares of the company’s stock, valued at approximately $1,464,925. The transaction was disclosed in a filing with the SEC, which is available at this link.
Shares of TechTarget (NASDAQ:TTGT) traded up 0.14% during mid-day trading on Tuesday, hitting $7.01. The stock had a trading volume of 55,894 shares. TechTarget has a 52-week low of $4.00 and a 52-week high of $7.41. The stock’s 50-day moving average is $6.96 and its 200-day moving average is $5.71. The company’s market cap is $222.4 million.
TechTarget (NASDAQ:TTGT) last released its earnings data on Tuesday, February 11th. The company reported $0.04 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.05 by $0.01. The company had revenue of $23.80 million for the quarter, compared to the consensus estimate of $23.80 million. On average, analysts predict that TechTarget will post $0.24 earnings per share for the current fiscal year.
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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