33,406 Shares in MNTN Inc. $MNTN Purchased by TD Asset Management Inc

TD Asset Management Inc acquired a new position in MNTN Inc. (NYSE:MNTN) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 33,406 shares of the company’s stock, valued at approximately $731,000.

Separately, Concurrent Investment Advisors LLC purchased a new position in MNTN in the 2nd quarter worth approximately $492,000. 72.90% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. Needham & Company LLC raised their target price on shares of MNTN from $25.00 to $35.00 and gave the stock a “buy” rating in a research note on Wednesday, August 6th. Evercore ISI boosted their target price on MNTN from $27.00 to $39.00 and gave the company an “outperform” rating in a research report on Wednesday, August 6th. Morgan Stanley boosted their price target on shares of MNTN from $20.00 to $25.00 and gave the stock an “equal weight” rating in a research note on Wednesday, August 6th. Tigress Financial upgraded shares of MNTN from a “buy” rating to a “strong-buy” rating and boosted their price target for the stock from $28.00 to $36.00 in a research note on Monday, August 11th. Finally, JMP Securities boosted their price target on shares of MNTN from $30.00 to $33.00 and gave the stock a “market outperform” rating in a research note on Wednesday, August 6th. Two equities research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, MNTN presently has a consensus rating of “Moderate Buy” and a consensus target price of $30.70.

MNTN Price Performance

Shares of NYSE:MNTN opened at $15.65 on Thursday. The company has a 50-day simple moving average of $19.09. MNTN Inc. has a one year low of $14.71 and a one year high of $32.49.

MNTN (NYSE:MNTN) last announced its earnings results on Tuesday, August 5th. The company reported ($0.08) EPS for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.02). The firm had revenue of $68.46 million for the quarter, compared to analyst estimates of $64.54 million. MNTN’s revenue was up 25.0% compared to the same quarter last year. MNTN has set its Q3 2025 guidance at EPS.

MNTN Company Profile

MNTN is on a mission to transform Connected TV (“CTV”) into a next-generation performance marketing channel. Our revolutionary Performance TV (“PTV”) software platform allows marketers to combine the powerful storytelling format of TV advertising with the targeting, measurement and attribution capabilities of paid search and social advertising.