David Kostman Purchases 18,000 Shares of Teads (NASDAQ:TEAD) Stock

Teads Holding Co. (NASDAQ:TEAD) CEO David Kostman acquired 18,000 shares of the business’s stock in a transaction on Friday, May 29th. The stock was acquired at an average price of $1.16 per share, for a total transaction of $20,880.00. Following the acquisition, the chief executive officer owned 1,524,937 shares of the company’s stock, valued at approximately $1,768,926.92. This trade represents a 1.19% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

David Kostman also recently made the following trade(s):

• On Tuesday, June 2nd, David Kostman acquired 13,500 shares of Teads stock. The stock was acquired at an average price of $1.07 per share, for a total transaction of $14,445.00.
• On Monday, June 1st, David Kostman bought 15,000 shares of Teads stock. The stock was purchased at an average price of $1.19 per share, for a total transaction of $17,850.00.

Teads Trading Up 15.3%

Shares of NASDAQ TEAD opened at $1.24 on Thursday. The firm’s 50 day moving average price is $0.88 and its 200-day moving average price is $0.77. The company has a market cap of $120.27 million, a PE ratio of -0.24 and a beta of 1.60. Teads Holding Co. has a 52-week low of $0.53 and a 52-week high of $3.13. The company has a debt-to-equity ratio of 12.06, a quick ratio of 1.04 and a current ratio of 1.04.

Teads (NASDAQ:TEAD) last issued its earnings results on Thursday, May 7th. The company reported ($0.38) earnings per share (EPS) for the quarter. The firm had revenue of $265.98 million during the quarter. Teads had a negative return on equity of 17.58% and a negative net margin of 39.14%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TEAD. Verition Fund Management LLC bought a new position in Teads in the fourth quarter worth approximately $25,000. CastleKnight Management LP bought a new position in Teads in the fourth quarter worth approximately $25,000. Wells Fargo & Company MN bought a new position in Teads in the fourth quarter worth approximately $29,000. Hsbc Holdings PLC bought a new position in Teads in the fourth quarter worth approximately $35,000. Finally, Dimensional Fund Advisors LP bought a new position in Teads in the fourth quarter worth approximately $37,000. Institutional investors own 60.44% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the stock. Wall Street Zen downgraded shares of Teads from a “sell” rating to a “strong sell” rating in a research note on Sunday, May 17th. Zacks Research downgraded shares of Teads from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 18th. Finally, Weiss Ratings upgraded shares of Teads from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Tuesday, May 26th. One equities research analyst has rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $3.13.

About Teads

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.