TechTarget, Inc. (NASDAQ:TTGT) Director Leonard P. Forman sold 5,000 shares of the stock in a transaction that occurred on Monday, November 13th. The shares were sold at an average price of $13.38, for a total value of $66,900.00. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

TechTarget, Inc. (NASDAQ:TTGT) traded down $0.06 on Wednesday, hitting $13.44. The stock had a trading volume of 27,300 shares, compared to its average volume of 43,009. TechTarget, Inc. has a 12 month low of $7.97 and a 12 month high of $13.55. The company has a quick ratio of 2.53, a current ratio of 2.53 and a debt-to-equity ratio of 0.21. The company has a market capitalization of $372.57, a PE ratio of 112.50, a price-to-earnings-growth ratio of 3.38 and a beta of 1.36.

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

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Several institutional investors and hedge funds have recently bought and sold shares of TTGT. American International Group Inc. boosted its position in shares of TechTarget by 5.6% in the first quarter. American International Group Inc. now owns 11,363 shares of the information services provider’s stock valued at $103,000 after acquiring an additional 602 shares during the period. Wells Fargo & Company MN boosted its position in shares of TechTarget by 2.6% in the second quarter. Wells Fargo & Company MN now owns 11,046 shares of the information services provider’s stock valued at $115,000 after acquiring an additional 275 shares during the period. First Quadrant L P CA bought a new stake in shares of TechTarget in the third quarter valued at approximately $115,000. Nationwide Fund Advisors boosted its position in shares of TechTarget by 12.6% in the second quarter. Nationwide Fund Advisors now owns 12,634 shares of the information services provider’s stock valued at $131,000 after acquiring an additional 1,418 shares during the period. Finally, Goldman Sachs Group Inc. bought a new stake in shares of TechTarget in the first quarter valued at approximately $140,000. 55.93% of the stock is owned by institutional investors.

TTGT has been the topic of several analyst reports. ValuEngine downgraded TechTarget from a “hold” rating to a “sell” rating in a report on Monday, July 24th. BidaskClub downgraded TechTarget from a “buy” rating to a “hold” rating in a report on Monday, July 24th. Zacks Investment Research downgraded TechTarget from a “hold” rating to a “sell” rating in a report on Wednesday, October 11th. Needham & Company LLC reiterated a “buy” rating and set a $14.00 price target (up previously from $11.00) on shares of TechTarget in a report on Tuesday, October 3rd. Finally, Jefferies Group LLC downgraded TechTarget from a “buy” rating to a “hold” rating and set a $11.00 price target on the stock. in a report on Thursday, August 17th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $12.00.

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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