Wall Street Zen cut shares of Teads (NASDAQ:TEAD – Free Report) from a sell rating to a strong sell rating in a research report report published on Saturday.
Several other research firms have also recently weighed in on TEAD. Weiss Ratings upgraded shares of Teads from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday, May 26th. Zacks Research lowered shares of Teads from a “strong-buy” rating to a “hold” rating in a report on Monday, May 18th. Finally, Needham & Company LLC dropped their target price on shares of Teads from $1.40 to $1.00 and set a “buy” rating for the company in a research report on Thursday, August 6th. One analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Teads presently has an average rating of “Hold” and an average target price of $1.00.
Teads Trading Down 4.6%
Teads (NASDAQ:TEAD – Get Free Report) last issued its quarterly earnings data on Thursday, August 6th. The company reported ($0.41) earnings per share for the quarter. Teads had a negative return on equity of 37.44% and a negative net margin of 43.32%.The business had revenue of $284.59 million during the quarter.
Insiders Place Their Bets
In other news, insider Mary Spilman purchased 105,000 shares of Teads stock in a transaction that occurred on Monday, May 18th. The shares were bought at an average cost of $0.99 per share, with a total value of $103,950.00. Following the completion of the purchase, the insider directly owned 1,505,000 shares in the company, valued at approximately $1,489,950. This trade represents a 7.50% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders acquired 151,500 shares of company stock valued at $157,125 over the last 90 days. 11.99% of the stock is owned by corporate insiders.
Hedge Funds Weigh In On Teads
Several institutional investors and hedge funds have recently added to or reduced their stakes in TEAD. CastleKnight Management LP purchased a new stake in shares of Teads in the 4th quarter worth about $25,000. Verition Fund Management LLC purchased a new position in Teads during the 4th quarter valued at about $25,000. Wells Fargo & Company MN purchased a new position in Teads during the 4th quarter valued at about $29,000. Hsbc Holdings PLC bought a new stake in Teads during the fourth quarter worth about $35,000. Finally, Dimensional Fund Advisors LP purchased a new stake in Teads in the fourth quarter worth about $37,000. Hedge funds and other institutional investors 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.
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