News articles about TechTarget (NASDAQ:TTGT) have been trending somewhat positive on Saturday, Accern reports. Accern ranks the sentiment of press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. TechTarget earned a daily sentiment score of 0.19 on Accern’s scale. Accern also gave media stories about the information services provider an impact score of 44.6017195468852 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the news articles that may have effected Accern Sentiment’s analysis:
- 4 Top-Ranked Tech Stocks Under $20 With Room to Run (investorplace.com)
- TechTarget Inc (TTGT) Insider Sells $946,500.00 in Stock (americanbankingnews.com)
- TechTarget Inc (TTGT) Expected to Announce Quarterly Sales of $26.56 Million (americanbankingnews.com)
- Zacks: Brokerages Expect TechTarget Inc (TTGT) Will Announce Earnings of $0.08 Per Share (americanbankingnews.com)
- TechTarget Inc (TTGT) Receives Average Rating of “Buy” from Brokerages (americanbankingnews.com)
Shares of TTGT stock opened at $19.17 on Friday. The company has a market capitalization of $534.83, a P/E ratio of 79.88, a P/E/G ratio of 2.29 and a beta of 1.44. TechTarget has a 12-month low of $8.75 and a 12-month high of $19.92. The company has a current ratio of 2.82, a quick ratio of 2.82 and a debt-to-equity ratio of 0.18.
A number of equities research analysts recently commented on TTGT shares. ValuEngine upgraded TechTarget from a “hold” rating to a “buy” rating in a research report on Thursday, March 1st. Zacks Investment Research upgraded TechTarget from a “hold” rating to a “buy” rating and set a $18.00 price target on the stock in a research report on Tuesday, February 13th. Lake Street Capital restated a “buy” rating and set a $18.00 price target (up from $14.00) on shares of TechTarget in a research report on Thursday, February 8th. BidaskClub upgraded TechTarget from a “hold” rating to a “buy” rating in a research report on Friday, February 2nd. Finally, Needham & Company LLC restated a “buy” rating and set a $17.00 price target (up from $14.00) on shares of TechTarget in a research report on Friday, January 12th. One investment analyst has rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. TechTarget has an average rating of “Buy” and a consensus price target of $16.50.
In other TechTarget news, insider Greg Strakosch sold 50,000 shares of the stock in a transaction on Monday, March 19th. The stock was sold at an average price of $18.93, for a total value of $946,500.00. Following the transaction, the insider now directly owns 895,521 shares in the company, valued at approximately $16,952,212.53. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Michael Cotoia sold 25,000 shares of the stock in a transaction on Thursday, March 15th. The shares were sold at an average price of $18.76, for a total value of $469,000.00. The disclosure for this sale can be found here. Insiders sold a total of 312,340 shares of company stock worth $5,030,984 over the last quarter. Corporate insiders own 30.19% of the company’s stock.
TechTarget Company Profile
TechTarget, Inc provides online content that helps buyers and sellers of corporate information technology (IT) products and services. The Company’s offerings enable IT vendors to identify, reach and influence corporate IT decision makers researching specific IT purchases through customized marketing programs that include data analytics-driven intelligence solutions, demand generation and brand advertising.
Receive News & Ratings for TechTarget Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TechTarget and related companies with MarketBeat.com's FREE daily email newsletter.