Teads (NASDAQ:TEAD) CEO David Kostman Acquires 18,000 Shares

Teads Holding Co. (NASDAQ:TEAD) CEO David Kostman purchased 18,000 shares of the company’s stock in a transaction that occurred on Friday, May 29th. The shares were purchased at an average cost of $1.16 per share, for a total transaction of $20,880.00. Following the completion of the transaction, the chief executive officer directly owned 1,524,937 shares of the company’s stock, valued at $1,768,926.92. This represents a 1.19% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website.

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

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

Teads Price Performance

Teads stock traded down $0.10 during mid-day trading on Tuesday, hitting $1.08. 258,283 shares of the company traded hands, compared to its average volume of 379,687. Teads Holding Co. has a one year low of $0.53 and a one year high of $3.13. 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 fifty day moving average price of $0.86 and a 200-day moving average price of $0.77.

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

Institutional Investors Weigh In On Teads

Several large investors have recently bought and sold shares of TEAD. Value Base Ltd. purchased a new stake in shares of Teads in the fourth quarter valued at $4,049,000. Geode Capital Management LLC purchased a new stake in Teads in the fourth quarter worth about $602,000. State Street Corp purchased a new stake in Teads in the fourth quarter worth about $483,000. Bridgeway Capital Management LLC purchased a new stake in Teads in the fourth quarter worth about $335,000. Finally, Bank of America Corp DE lifted its stake in Teads by 368.5% in the first quarter. Bank of America Corp DE now owns 381,771 shares of the company’s stock worth $251,000 after acquiring an additional 300,290 shares during the period. Institutional investors own 60.44% of the company’s stock.

Analysts Set New Price Targets

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

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.