Teads (NASDAQ:TEAD) Trading 5.8% Higher – What’s Next?

Teads Holding Co. (NASDAQ:TEAD)’s share price traded up 5.8% on Wednesday . The company traded as high as $0.8220 and last traded at $0.8110. Approximately 242,580 shares changed hands during trading, a decline of 48% from the average session volume of 469,137 shares. The stock had previously closed at $0.7669.

Wall Street Analysts Forecast Growth

TEAD has been the topic of a number of research analyst reports. Wall Street Zen upgraded Teads from a “strong sell” rating to a “sell” rating in a research report on Saturday, June 6th. Zacks Research downgraded Teads from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 18th. Weiss Ratings raised Teads from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday, May 26th. Finally, Needham & Company LLC increased their target price on Teads from $1.00 to $1.40 and gave the company a “buy” rating in a research report on Wednesday, June 10th. One research analyst has rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $3.27.

Teads Price Performance

The firm’s 50-day moving average price is $1.06 and its 200-day moving average price is $0.84. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 12.06. The stock has a market capitalization of $84.51 million, a PE ratio of -0.17 and a beta of 1.65.

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

Insider Activity

In related news, insider Mary Spilman bought 105,000 shares of the company’s stock in a transaction dated Monday, May 18th. The stock was purchased at an average price of $0.99 per share, for a total transaction of $103,950.00. Following the acquisition, the insider owned 1,505,000 shares in the company, valued at $1,489,950. This trade represents a 7.50% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Over the last three months, insiders purchased 151,500 shares of company stock valued at $157,125. 11.99% of the stock is owned by company insiders.

Institutional Trading of Teads

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Empowered Funds LLC lifted its position in Teads by 6.0% in 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. Bank of America Corp DE increased its position in Teads by 368.5% during the first quarter. Bank of America Corp DE now owns 381,771 shares of the company’s stock valued at $251,000 after acquiring an additional 300,290 shares during the last quarter. Hsbc Holdings PLC purchased a new stake in shares of Teads in the fourth quarter valued at $35,000. Virtu Financial LLC purchased a new stake in shares of Teads in the fourth quarter valued at $46,000. Finally, XTX Topco Ltd bought a new stake in shares of Teads in the 4th quarter worth about $104,000. Hedge funds and other institutional investors own 60.44% of the company’s stock.

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.