Nano Cap New Millennium Growth Fund L P Invests $551,000 in Perion Network Ltd $PERI

Nano Cap New Millennium Growth Fund L P bought a new stake in Perion Network Ltd (NASDAQ:PERI) during the fourth quarter, Holdings Channel.com reports. The fund bought 57,500 shares of the technology company’s stock, valued at approximately $551,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Osaic Holdings Inc. raised its stake in Perion Network by 209.9% in the second quarter. Osaic Holdings Inc. now owns 2,721 shares of the technology company’s stock valued at $28,000 after purchasing an additional 1,843 shares in the last quarter. Advisory Services Network LLC purchased a new stake in Perion Network in the third quarter valued at approximately $77,000. Virtu Financial LLC purchased a new stake in Perion Network in the third quarter valued at approximately $100,000. Vanguard Personalized Indexing Management LLC purchased a new stake in Perion Network in the third quarter valued at approximately $107,000. Finally, Centiva Capital LP purchased a new stake in Perion Network in the third quarter valued at approximately $115,000. 68.12% of the stock is owned by hedge funds and other institutional investors.

Perion Network Trading Down 1.9%

PERI stock opened at $8.84 on Friday. The firm’s 50-day moving average price is $9.99 and its two-hundred day moving average price is $9.57. Perion Network Ltd has a 12-month low of $8.06 and a 12-month high of $11.44. The stock has a market capitalization of $345.03 million, a price-to-earnings ratio of -35.36, a PEG ratio of 0.82 and a beta of 1.31.

Perion Network (NASDAQ:PERI) last released its quarterly earnings data on Wednesday, May 20th. The technology company reported $0.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.06 by $0.05. Perion Network had a negative net margin of 2.17% and a positive return on equity of 3.29%. The firm had revenue of $90.37 million for the quarter, compared to analysts’ expectations of $91.74 million. Equities analysts predict that Perion Network Ltd will post 0.57 EPS for the current year.

Analyst Ratings Changes

Several equities research analysts have issued reports on the company. Wall Street Zen lowered Perion Network from a “buy” rating to a “hold” rating in a research note on Saturday, February 14th. Lake Street Capital set a $13.00 price target on Perion Network and gave the stock a “buy” rating in a research note on Thursday. Canaccord Genuity Group assumed coverage on Perion Network in a research note on Friday, March 20th. They set a “buy” rating and a $14.00 price target for the company. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Perion Network in a research note on Thursday, January 22nd. Four investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Perion Network has an average rating of “Moderate Buy” and a consensus price target of $13.88.

Trending Headlines about Perion Network

Here are the key news stories impacting Perion Network this week:

• Positive Sentiment: Perion beat Q1 earnings estimates, reporting adjusted EPS of $0.11 versus consensus at $0.06, which suggests better-than-expected profitability. Perion Network (PERI) Q1 Earnings Top Estimates
• Positive Sentiment: Management said adoption is improving for the Perion One platform and Outmax AI Agent technology, with new customer and global partnership momentum supporting the long-term growth story. Perion Reports First Quarter 2026 Results
• Neutral Sentiment: The company reaffirmed its full-year outlook, which may have helped offset some of the negative reaction to the quarterly miss and provides investors with guidance continuity. Perion Network shares gain as company reaffirms full-year outlook despite revenue miss (PERI)
• Negative Sentiment: Revenue of $90.37 million missed estimates of $91.74 million, and the market also noted a wider first-quarter loss, which is weighing on the stock. Perion Network Shares Slide After Wider 1Q Loss, Revenue Miss

Insider Activity at Perion Network

In related news, Director Eyal Kaplan sold 2,915 shares of the company’s stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $10.00, for a total transaction of $29,150.00. Following the completion of the transaction, the director owned 57,058 shares in the company, valued at $570,580. This represents a 4.86% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders sold a total of 6,764 shares of company stock worth $67,640 in the last ninety days. 2.78% of the stock is owned by corporate insiders.

About Perion Network

Perion Network Ltd. (NASDAQ: PERI) is a digital advertising technology company that offers a suite of solutions designed for both brand marketers and performance-driven advertisers. The firm’s platform integrates search monetization, programmatic display, video and connected TV (CTV) advertising to help clients reach and engage audiences across desktop, mobile and television environments. Through proprietary algorithms and AI-driven tools, Perion’s technology optimizes ad placements in real time, aiming to boost campaign efficiency and return on investment for publishers and advertisers alike.

Key offerings include search engine marketing services that cover major platforms such as Google and Bing, native and display advertising solutions under its Undertone brand, as well as social and video ad formats.