Digital Media Solutions (NYSE:DMS) Trading 1.2% Higher

Digital Media Solutions, Inc. (NYSE:DMSGet Rating) shares traded up 1.2% during trading on Tuesday . The stock traded as high as $1.71 and last traded at $1.69. 34,065 shares changed hands during trading, a decline of 93% from the average session volume of 480,882 shares. The stock had previously closed at $1.67.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the stock. Craig Hallum dropped their price target on shares of Digital Media Solutions to $1.50 in a research note on Monday, August 22nd. Canaccord Genuity Group dropped their price target on shares of Digital Media Solutions from $8.00 to $6.00 and set a “buy” rating on the stock in a research note on Thursday, August 11th. Finally, BTIG Research lowered their target price on shares of Digital Media Solutions to $3.00 in a research note on Monday, August 15th.

Digital Media Solutions Price Performance

The business’s 50 day moving average is $1.88 and its 200-day moving average is $1.63.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Praetorian Wealth Management Inc. bought a new stake in Digital Media Solutions in the 2nd quarter valued at $30,000. S Squared Technology LLC boosted its holdings in Digital Media Solutions by 4.5% in the 1st quarter. S Squared Technology LLC now owns 375,234 shares of the company’s stock valued at $1,366,000 after purchasing an additional 16,239 shares during the period. State Street Corp boosted its holdings in Digital Media Solutions by 13.1% in the 1st quarter. State Street Corp now owns 74,128 shares of the company’s stock valued at $270,000 after purchasing an additional 8,600 shares during the period. Renaissance Technologies LLC boosted its holdings in Digital Media Solutions by 73.3% in the 3rd quarter. Renaissance Technologies LLC now owns 28,600 shares of the company’s stock valued at $55,000 after purchasing an additional 12,100 shares during the period. Finally, Zebra Capital Management LLC bought a new stake in Digital Media Solutions in the 1st quarter valued at $52,000. 1.70% of the stock is currently owned by institutional investors and hedge funds.

Digital Media Solutions Company Profile

(Get Rating)

Digital Media Solutions, Inc operates as a digital performance marketing company that offers a software delivery platform in the United States. It operates through three segments: Brand Direct, Marketplace, and Other. The company operates as a performance marketing engine for companies across various industries, including consumer finance, e-commerce, education, insurance, home services, brand performance, automotive, gig, health and wellness, and career placements.

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