Vii Lp Canaan Sells 130,508 Shares of Telaria (TLRA) Stock
Telaria (NYSE:TLRA) major shareholder Vii Lp Canaan sold 130,508 shares of the company’s stock in a transaction on Wednesday, May 16th. The shares were sold at an average price of $4.09, for a total value of $533,777.72. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Major shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.
Vii Lp Canaan also recently made the following trade(s):
- On Monday, May 14th, Vii Lp Canaan sold 244,492 shares of Telaria stock. The shares were sold at an average price of $4.15, for a total value of $1,014,641.80.
TLRA stock opened at $4.00 on Friday. Telaria has a 12-month low of $4.09 and a 12-month high of $4.14.
TLRA has been the topic of several recent analyst reports. TheStreet raised Telaria from a “d” rating to a “c-” rating in a research note on Monday, February 26th. Canaccord Genuity reaffirmed a “buy” rating and issued a $8.00 price target on shares of Telaria in a research note on Monday, February 26th. ValuEngine upgraded Telaria from a “sell” rating to a “hold” rating in a report on Friday, February 23rd. Finally, Lake Street Capital initiated coverage on Telaria in a report on Tuesday, March 20th. They issued a “buy” rating and a $7.00 price objective on the stock.
Several hedge funds have recently bought and sold shares of TLRA. Lord Abbett & CO. LLC purchased a new stake in shares of Telaria in the 1st quarter valued at $2,585,000. Millennium Management LLC purchased a new stake in shares of Telaria in the 1st quarter valued at $2,026,000. Dimensional Fund Advisors LP purchased a new stake in shares of Telaria in the 1st quarter valued at $2,014,000. Millennium TVP Management Co. LLC purchased a new stake in shares of Telaria in the 1st quarter valued at $1,384,000. Finally, Spark Investment Management LLC purchased a new stake in shares of Telaria in the 1st quarter valued at $1,029,000. Hedge funds and other institutional investors own 37.28% of the company’s stock.
Telaria, Inc, a software company, operates a programmatic, self-service, seller platform to monetize and manage premium video content across various Internet-connected screens and devices in the United States. Its platform enables publishers to optimize and automate their video advertising sales; and manage their inventory across sales channels, devices, and platforms.
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