TechTarget Inc (NASDAQ:TTGT) Chairman Greg Strakosch sold 41,883 shares of TechTarget stock in a transaction dated Thursday, September 12th. The stock was sold at an average price of $25.01, for a total value of $1,047,493.83. Following the completion of the transaction, the chairman now directly owns 472,449 shares of the company’s stock, valued at $11,815,949.49. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Greg Strakosch also recently made the following trade(s):

  • On Thursday, August 1st, Greg Strakosch sold 25,000 shares of TechTarget stock. The stock was sold at an average price of $23.02, for a total value of $575,500.00.
  • On Monday, July 1st, Greg Strakosch sold 25,000 shares of TechTarget stock. The stock was sold at an average price of $20.62, for a total value of $515,500.00.

TechTarget stock traded down $0.32 during midday trading on Friday, reaching $24.51. The stock had a trading volume of 140,470 shares, compared to its average volume of 226,550. TechTarget Inc has a 12 month low of $11.12 and a 12 month high of $25.14. The company has a market capitalization of $655.08 million, a P/E ratio of 54.47 and a beta of 0.76. The company has a fifty day moving average price of $23.39 and a two-hundred day moving average price of $19.75. The company has a current ratio of 4.85, a quick ratio of 4.85 and a debt-to-equity ratio of 0.36.

TechTarget (NASDAQ:TTGT) last issued its earnings results on Wednesday, August 7th. The information services provider reported $0.15 EPS for the quarter, beating analysts’ consensus estimates of $0.14 by $0.01. TechTarget had a return on equity of 10.28% and a net margin of 10.95%. The business had revenue of $34.29 million during the quarter, compared to analyst estimates of $33.73 million. During the same period in the previous year, the company posted $0.15 EPS. The firm’s revenue was up 9.0% compared to the same quarter last year. On average, equities research analysts predict that TechTarget Inc will post 0.65 earnings per share for the current fiscal year.

A number of institutional investors have recently modified their holdings of TTGT. Bank of Montreal Can increased its position in TechTarget by 155.8% in the 1st quarter. Bank of Montreal Can now owns 1,558 shares of the information services provider’s stock valued at $25,000 after buying an additional 949 shares in the last quarter. Quantamental Technologies LLC bought a new stake in TechTarget in the 2nd quarter valued at about $56,000. BNP Paribas Arbitrage SA increased its position in TechTarget by 924.2% in the 1st quarter. BNP Paribas Arbitrage SA now owns 4,271 shares of the information services provider’s stock valued at $69,000 after buying an additional 3,854 shares in the last quarter. Aperio Group LLC bought a new stake in TechTarget in the 2nd quarter valued at about $72,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its position in TechTarget by 262.5% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,578 shares of the information services provider’s stock valued at $97,000 after buying an additional 3,315 shares in the last quarter. 75.25% of the stock is owned by institutional investors and hedge funds.

Several research firms have recently weighed in on TTGT. BidaskClub raised TechTarget from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, July 24th. ValuEngine raised TechTarget from a “hold” rating to a “buy” rating in a research report on Wednesday, September 4th. Finally, Zacks Investment Research lowered TechTarget from a “buy” rating to a “hold” rating in a research report on Saturday, July 27th. One research analyst has rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the stock. TechTarget presently has an average rating of “Buy” and an average price target of $25.75.

TechTarget Company Profile

TechTarget, Inc provides specialized online content for buyers of enterprise information technology (IT) products and services in the United States, the United Kingdom, and internationally. It also provides purchase-intent marketing and sales services for enterprise technology vendors; and customized marketing programs that integrate demand generation and brand advertising techniques.

See Also: What does the Dow Jones Industrial Average (DJIA) measure?

Insider Buying and Selling by Quarter for TechTarget (NASDAQ:TTGT)

Receive News & Ratings for TechTarget Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TechTarget and related companies with MarketBeat.com's FREE daily email newsletter.