Media stories about TechTarget (NASDAQ:TTGT) have trended somewhat positive recently, Accern Sentiment reports. The research firm scores the sentiment of press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. TechTarget earned a coverage optimism score of 0.24 on Accern’s scale. Accern also gave news stories about the information services provider an impact score of 44.8627824881421 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

These are some of the news stories that may have effected Accern Sentiment’s analysis:

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A number of equities analysts recently weighed in on the stock. Zacks Investment Research downgraded shares of TechTarget from a “buy” rating to a “hold” rating in a report on Thursday, January 11th. ValuEngine raised shares of TechTarget from a “hold” rating to a “buy” rating in a report on Thursday, March 1st. BidaskClub downgraded shares of TechTarget from a “buy” rating to a “hold” rating in a report on Thursday, January 25th. Needham & Company LLC reissued a “buy” rating and issued a $17.00 price target (up from $14.00) on shares of TechTarget in a report on Friday, January 12th. Finally, Lake Street Capital reaffirmed a “buy” rating and set a $18.00 price objective (up from $14.00) on shares of TechTarget in a report on Thursday, February 8th. One analyst has rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. TechTarget presently has an average rating of “Buy” and an average target price of $16.50.

Shares of TechTarget stock opened at $19.25 on Monday. The company has a market cap of $529.05, a PE ratio of 80.21, a price-to-earnings-growth ratio of 2.26 and a beta of 1.44. TechTarget has a fifty-two week low of $8.75 and a fifty-two week high of $19.46. The company has a current ratio of 2.82, a quick ratio of 2.53 and a debt-to-equity ratio of 0.18.

TechTarget (NASDAQ:TTGT) last released its quarterly earnings data on Wednesday, February 7th. The information services provider reported $0.20 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.15 by $0.05. The business had revenue of $30.30 million for the quarter, compared to the consensus estimate of $30.05 million. TechTarget had a net margin of 6.27% and a return on equity of 5.77%. The company’s revenue was up 13.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.10 earnings per share. equities research analysts anticipate that TechTarget will post 0.43 EPS for the current year.

In other TechTarget news, major shareholder Nine Ten Partners Lp sold 60,000 shares of the company’s stock in a transaction dated Friday, January 19th. The shares were sold at an average price of $15.08, for a total transaction of $904,800.00. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, President Kevin Beam sold 10,000 shares of the company’s stock in a transaction dated Wednesday, January 3rd. The shares were sold at an average price of $13.78, for a total transaction of $137,800.00. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 267,340 shares of company stock worth $4,154,334. Insiders own 30.19% of the company’s stock.

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TechTarget Company Profile

TechTarget, Inc provides online content that helps buyers and sellers of corporate information technology (IT) products and services. The Company’s offerings enable IT vendors to identify, reach and influence corporate IT decision makers researching specific IT purchases through customized marketing programs that include data analytics-driven intelligence solutions, demand generation and brand advertising.

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

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