TechTarget Inc (NASDAQ:TTGT) insider Greg Strakosch sold 30,000 shares of TechTarget stock in a transaction dated Thursday, January 11th. The shares were sold at an average price of $13.95, for a total value of $418,500.00. Following the completion of the transaction, the insider now owns 1,000,521 shares of the company’s stock, valued at approximately $13,957,267.95. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

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

  • 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.
  • On Monday, October 16th, Greg Strakosch sold 20,000 shares of TechTarget stock. The shares were sold at an average price of $12.02, for a total value of $240,400.00.

Shares of TechTarget Inc (TTGT) traded up $0.69 during midday trading on Friday, hitting $14.61. The stock had a trading volume of 124,373 shares, compared to its average volume of 49,306. 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 Inc has a 1-year low of $8.41 and a 1-year high of $14.74. The firm has a market cap of $403.20, a price-to-earnings ratio of 121.75, a PEG ratio of 2.22 and a beta of 1.41.

TechTarget (NASDAQ:TTGT) last issued its earnings results on Wednesday, November 8th. The information services provider reported $0.11 earnings per share for the quarter, topping 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 business had revenue of $28.01 million for the quarter, compared to analyst estimates of $28.34 million. During the same quarter last year, the company earned $0.07 EPS. The business’s quarterly revenue was up 8.8% on a year-over-year basis. sell-side analysts forecast that TechTarget Inc will post 0.2 earnings per share for the current year.

TTGT has been the subject of several recent research reports. Jefferies Group reiterated a “hold” rating and issued a $11.00 price objective on shares of TechTarget in a research note on Thursday, September 28th. Needham & Company LLC reissued a “buy” rating and set a $14.00 target price (up previously from $11.00) on shares of TechTarget in a research report on Tuesday, October 3rd. Zacks Investment Research lowered TechTarget from a “hold” rating to a “sell” rating in a research report on Wednesday, October 11th. Finally, BidaskClub lowered TechTarget from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, December 12th. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $14.00.

Hedge funds and other institutional investors have recently modified their holdings of the company. JPMorgan Chase & Co. raised its position in shares of TechTarget by 457.3% during the 2nd quarter. JPMorgan Chase & Co. now owns 60,266 shares of the information services provider’s stock worth $625,000 after acquiring an additional 49,452 shares in the last quarter. EAM Investors LLC acquired a new position in TechTarget during the third quarter worth approximately $669,000. Mckinley Capital Management LLC Delaware acquired a new position in TechTarget during the third quarter worth approximately $979,000. Dimensional Fund Advisors LP increased its position in TechTarget by 7.6% during the second quarter. Dimensional Fund Advisors LP now owns 620,771 shares of the information services provider’s stock worth $6,438,000 after buying an additional 44,102 shares during the period. Finally, Northern Trust Corp increased its position in TechTarget by 19.8% during the second quarter. Northern Trust Corp now owns 229,832 shares of the information services provider’s stock worth $2,384,000 after buying an additional 38,028 shares during the period. 55.84% of the stock is currently owned by institutional investors and hedge funds.

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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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