TechTarget Inc (NASDAQ:TTGT) insider Greg Strakosch sold 5,000 shares of the firm’s stock in a transaction dated 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 can be accessed through this link.

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 on Thursday, hitting $15.06. The stock had a trading volume of 51,524 shares, compared to its average volume of 56,617. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.53 and a quick ratio of 2.53. The company has a market cap of $406.23, a price-to-earnings ratio of 125.50, a PEG ratio of 2.37 and a beta of 1.41. TechTarget Inc has a 12-month low of $8.41 and a 12-month high of $15.08.

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

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Acadian Asset Management LLC bought a new position in TechTarget during the 4th quarter worth approximately $222,000. Dimensional Fund Advisors LP grew its position in TechTarget by 5.1% during the 3rd quarter. Dimensional Fund Advisors LP now owns 652,467 shares of the information services provider’s stock worth $7,791,000 after acquiring an additional 31,696 shares during the last quarter. Mckinley Capital Management LLC Delaware bought a new position in TechTarget during the 3rd quarter worth approximately $979,000. Wells Fargo & Company MN grew its position in TechTarget by 73.7% during the 3rd quarter. Wells Fargo & Company MN now owns 19,187 shares of the information services provider’s stock worth $229,000 after acquiring an additional 8,141 shares during the last quarter. Finally, EAM Investors LLC bought a new position in TechTarget during the 3rd quarter worth approximately $669,000. Institutional investors and hedge funds own 55.84% of the company’s stock.

Several brokerages have recently commented on TTGT. Zacks Investment Research lowered TechTarget from a “buy” rating to a “hold” rating in a research report on Thursday, January 11th. Jefferies Group reiterated a “hold” rating and set a $13.00 price objective on shares of TechTarget in a research report on Friday, November 10th. Needham & Company LLC reiterated a “buy” rating and set a $14.00 price objective (up from $11.00) on shares of TechTarget in a research report on Tuesday, October 3rd. Finally, BidaskClub lowered TechTarget from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, December 12th. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The company has an average rating of “Buy” and an average price target of $14.00.

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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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