David Kostman Buys 13,500 Shares of Teads (NASDAQ:TEAD) Stock

Teads Holding Co. (NASDAQ:TEAD) CEO David Kostman purchased 13,500 shares of the business’s stock in a transaction on Tuesday, June 2nd. The shares were purchased at an average cost of $1.07 per share, for a total transaction of $14,445.00. Following the transaction, the chief executive officer directly owned 1,553,437 shares of the company’s stock, valued at approximately $1,662,177.59. The trade was a 0.88% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

David Kostman also recently made the following trade(s):

• On Monday, June 1st, David Kostman purchased 15,000 shares of Teads stock. The shares were purchased at an average cost of $1.19 per share, for a total transaction of $17,850.00.
• On Friday, May 29th, David Kostman purchased 18,000 shares of Teads stock. The shares were purchased at an average cost of $1.16 per share, for a total transaction of $20,880.00.

Teads Stock Performance

Shares of TEAD opened at $1.24 on Thursday. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 12.06. The stock has a market capitalization of $120.27 million, a P/E ratio of -0.24 and a beta of 1.60. The firm’s fifty day simple moving average is $0.88 and its two-hundred day simple moving average is $0.77. Teads Holding Co. has a 12 month low of $0.53 and a 12 month high of $3.13.

Teads (NASDAQ:TEAD) last announced its quarterly earnings data on Thursday, May 7th. The company reported ($0.38) earnings per share for the quarter. Teads had a negative net margin of 39.14% and a negative return on equity of 17.58%. The company had revenue of $265.98 million for the quarter.

Hedge Funds Weigh In On Teads

Hedge funds have recently modified their holdings of the company. Value Base Ltd. bought a new position in shares of Teads during the 4th quarter worth approximately $4,049,000. Yelin Lapidot Holdings Management Ltd. purchased a new position in Teads in the fourth quarter worth $68,000. Robertson Stephens Wealth Management LLC purchased a new position in Teads in the fourth quarter worth $82,000. Evergreen Capital Management LLC purchased a new position in Teads in the fourth quarter worth $56,000. Finally, Nuveen LLC purchased a new position in Teads in the fourth quarter worth $40,000. Institutional investors own 60.44% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the stock. Weiss Ratings upgraded shares of Teads from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday, May 26th. Zacks Research downgraded shares of Teads from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 18th. Finally, Wall Street Zen downgraded shares of Teads from a “sell” rating to a “strong sell” rating in a research report on Sunday, May 17th. One analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Teads presently has an average rating of “Hold” and an average price target of $3.13.

Teads Company Profile

Teads is a global digital media platform specializing in outstream video advertising and high-impact display formats. Founded in 2007 and listed on the Nasdaq under the ticker TEAD, the company connects advertisers, agencies and publishers through a programmatic marketplace designed to maximize brand engagement across desktop, mobile and connected TV. Teads offers proprietary ad formats such as inRead, outstream expansion units and seamless mobile placements that activate only when visible to the user, helping clients optimize viewability and attention metrics without relying on traditional pre-roll or banner placements.

The Teads platform leverages data-driven targeting and machine learning to serve personalized creative in real time.