TheStreet downgraded shares of Telaria (NYSE:TLRA) from a c- rating to a d+ rating in a research note released on Thursday morning.

Other analysts have also recently issued reports about the company. Canaccord Genuity lowered their target price on Telaria from $8.00 to $6.00 and set a buy rating on the stock in a research report on Friday, October 5th. B. Riley began coverage on Telaria in a research report on Thursday, October 18th. They issued a buy rating and a $4.00 target price on the stock. Four investment analysts have rated the stock with a buy rating, The stock has a consensus rating of Buy and an average target price of $5.67.

Shares of NYSE TLRA opened at $2.80 on Thursday. Telaria has a 12-month low of $2.19 and a 12-month high of $5.30.

Telaria (NYSE:TLRA) last announced its quarterly earnings results on Wednesday, August 8th. The software maker reported ($0.06) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.06). The business had revenue of $12.40 million for the quarter, compared to the consensus estimate of $12.43 million. Telaria had a negative return on equity of 15.53% and a net margin of 4.35%. The business’s revenue for the quarter was up 25.3% on a year-over-year basis. On average, analysts predict that Telaria will post -0.25 EPS for the current year.

In related news, major shareholder Vii Lp Canaan sold 252,020 shares of the firm’s stock in a transaction that occurred on Wednesday, October 24th. The stock was sold at an average price of $2.72, for a total value of $685,494.40. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Over the last 90 days, insiders sold 892,922 shares of company stock worth $3,011,832. 3.40% of the stock is owned by insiders.

A number of institutional investors and hedge funds have recently bought and sold shares of TLRA. Millennium Management LLC acquired a new stake in Telaria in the 1st quarter valued at approximately $2,026,000. Dimensional Fund Advisors LP acquired a new position in shares of Telaria during the 1st quarter valued at $2,014,000. Acadian Asset Management LLC acquired a new position in shares of Telaria during the 2nd quarter valued at $1,703,000. BlackRock Inc. acquired a new position in shares of Telaria during the 1st quarter valued at $632,000. Finally, Strs Ohio acquired a new position in shares of Telaria during the 3rd quarter valued at $503,000. Hedge funds and other institutional investors own 42.31% of the company’s stock.

Telaria Company Profile

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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