Teads (NASDAQ:TEAD) Trading Up 5.8% – What’s Next?

Teads Holding Co. (NASDAQ:TEAD)’s stock price shot up 5.8% on Wednesday . The company traded as high as $0.8220 and last traded at $0.8110. Approximately 242,580 shares changed hands during mid-day trading, a decline of 48% from the average daily volume of 469,137 shares. The stock had previously closed at $0.7669.

Analyst Ratings Changes

TEAD has been the topic of a number of analyst reports. Zacks Research lowered shares of Teads from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 18th. Needham & Company LLC increased their price target on Teads from $1.00 to $1.40 and gave the stock a “buy” rating in a research note on Wednesday, June 10th. Weiss Ratings upgraded Teads from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday, May 26th. Finally, Wall Street Zen raised Teads from a “strong sell” rating to a “sell” rating in a research report on Saturday, June 6th. One investment analyst has rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $3.27.

Teads Price Performance

The company’s 50-day moving average is $1.06 and its 200-day moving average is $0.84. The company has a debt-to-equity ratio of 12.06, a current ratio of 1.04 and a quick ratio of 1.04. The firm has a market capitalization of $78.66 million, a price-to-earnings ratio of -0.15 and a beta of 1.65.

Teads (NASDAQ:TEAD) last issued its quarterly earnings results on Thursday, May 7th. The company reported ($0.38) EPS for the quarter. The company had revenue of $265.98 million for the quarter. Teads had a negative return on equity of 17.58% and a negative net margin of 39.14%.

Insider Activity

In other news, insider Mary Spilman acquired 105,000 shares of the company’s stock in a transaction dated Monday, May 18th. The stock was acquired at an average cost of $0.99 per share, for a total transaction of $103,950.00. Following the acquisition, the insider directly owned 1,505,000 shares in the company, valued at approximately $1,489,950. This represents a 7.50% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Over the last three months, insiders have acquired 151,500 shares of company stock worth $157,125. 11.99% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Value Base Ltd. acquired a new stake in Teads during the fourth quarter worth about $4,049,000. Geode Capital Management LLC acquired a new position in shares of Teads in the 4th quarter valued at about $602,000. State Street Corp acquired a new position in shares of Teads in the 4th quarter valued at about $483,000. Bridgeway Capital Management LLC purchased a new stake in shares of Teads during the 4th quarter worth about $335,000. Finally, Empowered Funds LLC purchased a new stake in shares of Teads during the 4th quarter worth about $212,000. Institutional investors and hedge funds own 60.44% of the company’s stock.

Teads Company Profile

Teads is a global digital media platform specializing in outstream video advertising and high-impact display formats. Founded in 2007 and listed on the Nasdaq under the ticker TEAD, the company connects advertisers, agencies and publishers through a programmatic marketplace designed to maximize brand engagement across desktop, mobile and connected TV. Teads offers proprietary ad formats such as inRead, outstream expansion units and seamless mobile placements that activate only when visible to the user, helping clients optimize viewability and attention metrics without relying on traditional pre-roll or banner placements.

The Teads platform leverages data-driven targeting and machine learning to serve personalized creative in real time.