Teads (NASDAQ:TEAD) Downgraded by Wall Street Zen to “Strong Sell”

Wall Street Zen lowered shares of Teads (NASDAQ:TEAD) from a sell rating to a strong sell rating in a research note published on Saturday.

TEAD has been the subject of a number of other research reports. Needham & Company LLC reduced their target price on Teads from $1.40 to $1.00 and set a “buy” rating for the company in a report on Thursday. Weiss Ratings raised Teads from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Tuesday, May 26th. Finally, Zacks Research lowered Teads from a “strong-buy” rating to a “hold” rating in a report on Monday, May 18th. One research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $1.00.

Teads Stock Down 0.8%

Shares of NASDAQ TEAD opened at $0.69 on Friday. The company’s 50-day simple moving average is $0.96 and its 200-day simple moving average is $0.85. Teads has a 52-week low of $0.53 and a 52-week high of $2.00. The firm has a market cap of $66.93 million, a price-to-earnings ratio of -0.12 and a beta of 1.65. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 12.06.

Teads (NASDAQ:TEAD) last released its earnings results on Thursday, August 6th. The company reported ($0.41) EPS for the quarter. The company had revenue of $284.59 million for the quarter. Teads had a negative return on equity of 37.44% and a negative net margin of 43.32%.

Insiders Place Their Bets

In other Teads news, insider Mary Spilman bought 105,000 shares of the firm’s stock in a transaction on Monday, May 18th. The shares were acquired at an average cost of $0.99 per share, with a total value of $103,950.00. Following the purchase, the insider directly owned 1,505,000 shares of the company’s stock, valued at $1,489,950. This trade represents a 7.50% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Over the last 90 days, insiders have purchased 151,500 shares of company stock valued at $157,125. Company insiders own 11.99% of the company’s stock.

Institutional Investors Weigh In On Teads

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Empowered Funds LLC boosted its stake in Teads by 6.0% during the first quarter. Empowered Funds LLC now owns 319,401 shares of the company’s stock worth $210,000 after buying an additional 17,976 shares during the last quarter. CastleKnight Management LP purchased a new stake in Teads in the 4th quarter valued at $25,000. Verition Fund Management LLC acquired a new stake in shares of Teads in the 4th quarter worth $25,000. Wells Fargo & Company MN acquired a new stake in shares of Teads in the 4th quarter worth $29,000. Finally, Hsbc Holdings PLC purchased a new position in shares of Teads during the 4th quarter worth $35,000. 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.