Taptica International Ltd (TAP) Insider Sells £7,425,000 in Stock

Taptica International Ltd (LON:TAP) insider Hagai Tal sold 1,650,000 shares of the business’s stock in a transaction on Monday, January 22nd. The stock was sold at an average price of GBX 450 ($6.10), for a total transaction of £7,425,000 ($10,069,161.92).

Taptica International Ltd (LON TAP) traded up GBX 4 ($0.05) during mid-day trading on Monday, reaching GBX 449 ($6.09). 660,627 shares of the company traded hands, compared to its average volume of 187,534. The firm has a market capitalization of $278.64 and a price-to-earnings ratio of 2,040.91. Taptica International Ltd has a 1-year low of GBX 202.01 ($2.74) and a 1-year high of GBX 520 ($7.05).

Several brokerages recently weighed in on TAP. Canaccord Genuity reissued a “buy” rating and issued a GBX 600 ($8.14) price objective on shares of Taptica International in a research note on Monday. Berenberg Bank restated a “buy” rating and issued a GBX 600 ($8.14) target price on shares of Taptica International in a report on Monday. Finally, FinnCap restated a “corporate” rating and issued a GBX 550 ($7.46) target price on shares of Taptica International in a report on Friday.

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Taptica International Company Profile

Taptica International Ltd offers data-focused marketing solutions that drive execution and brand insight in mobile, leveraging video, native, and display to reach the users for every application, service, and brand. The Company’s technology is based on artificial intelligence and machine learning at big data scale.

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