Headlines about Telenav (NASDAQ:TNAV) have been trending somewhat positive this week, according to Accern Sentiment. Accern rates the sentiment of media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Telenav earned a daily sentiment score of 0.11 on Accern’s scale. Accern also gave headlines about the technology company an impact score of 47.4272960245263 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

TNAV has been the subject of a number of research analyst reports. B. Riley reissued a “buy” rating and issued a $11.00 target price on shares of Telenav in a research note on Monday, October 30th. Zacks Investment Research cut Telenav from a “hold” rating to a “sell” rating in a research report on Thursday, November 9th. Craig Hallum set a $9.00 price objective on Telenav and gave the stock a “buy” rating in a research report on Thursday, December 21st. Finally, ValuEngine cut Telenav from a “sell” rating to a “strong sell” rating in a research report on Friday, February 2nd. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and four have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $10.88.

Telenav (NASDAQ TNAV) traded up $0.10 during mid-day trading on Monday, hitting $5.30. The stock had a trading volume of 149,600 shares, compared to its average volume of 91,501. The firm has a market capitalization of $236.13, a PE ratio of -4.02 and a beta of 0.90. Telenav has a 52 week low of $4.50 and a 52 week high of $9.25.

Telenav (NASDAQ:TNAV) last posted its quarterly earnings data on Thursday, February 1st. The technology company reported ($0.35) earnings per share for the quarter, topping the consensus estimate of ($0.37) by $0.02. The company had revenue of $39.10 million during the quarter, compared to analysts’ expectations of $39.03 million. Telenav had a negative return on equity of 56.00% and a negative net margin of 38.56%. Telenav’s revenue for the quarter was down 24.8% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.26) earnings per share. equities analysts predict that Telenav will post -2.03 EPS for the current year.

In other news, CEO H.P. Jin acquired 10,000 shares of Telenav stock in a transaction dated Tuesday, February 6th. The stock was bought at an average cost of $5.07 per share, with a total value of $50,700.00. Following the completion of the transaction, the chief executive officer now directly owns 1,389,854 shares of the company’s stock, valued at $7,046,559.78. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 24.67% of the stock is owned by corporate insiders.

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Telenav Company Profile

TeleNav, Inc (Telenav) is a provider of location-based platform services. The Company’s services consist of its automotive and mobile navigation platform and its advertising delivery platform. The Company operates through three segments: automotive, advertising and mobile navigation. The automotive segment provides its map and navigation platform to auto manufacturers and original equipment manufacturers (OEMs) for distribution with their vehicles.

Insider Buying and Selling by Quarter for Telenav (NASDAQ:TNAV)

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