TechTarget Inc (TTGT) : Hcsf Management added new position in TechTarget Inc during the most recent quarter end. The investment management firm now holds 875,633 shares of TechTarget Inc which is valued at $7,355,317 , the company said in a statement filed on Nov 14, 2016 with the SEC.TechTarget Inc makes up approximately 5.88% of Hcsf Management’s portfolio.
Other Hedge Funds, Including , S Squared Technology reduced its stake in TTGT by selling 1,181 shares or 0.76% in the most recent quarter. The Hedge Fund company now holds 154,125 shares of TTGT which is valued at $1,294,650. TechTarget Inc makes up approx 1.46% of S Squared Technology’s portfolio.Dimensional Fund Advisors Lp boosted its stake in TTGT in the latest quarter, The investment management firm added 61,841 additional shares and now holds a total of 486,456 shares of TechTarget Inc which is valued at $4,013,262.Acrospire Investment Management boosted its stake in TTGT in the latest quarter, The investment management firm added 2,375 additional shares and now holds a total of 11,812 shares of TechTarget Inc which is valued at $97,449. TechTarget Inc makes up approx 0.07% of Acrospire Investment Management’s portfolio.Strs Ohio reduced its stake in TTGT by selling 2,600 shares or 3.58% in the most recent quarter. The Hedge Fund company now holds 70,100 shares of TTGT which is valued at $567,810.
TechTarget Inc opened for trading at $8.39 and hit $8.515 on the upside on Monday, eventually ending the session at $8.5, with a gain of 1.80% or 0.15 points. The heightened volatility saw the trading volume jump to 78,904 shares. Company has a market cap of $236 M.
On the company’s financial health, TechTarget Inc reported $0.06 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Nov 9, 2016. Analyst had a consensus of $0.05. The company had revenue of $25.80 million for the quarter, compared to analysts expectations of $26.26 million. The company’s revenue was down -11.0 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.11 EPS.
Many Wall Street Analysts have commented on TechTarget Inc. Shares were Reiterated by Lake Street on Nov 10, 2016 to “Buy” and Lowered the Price Target to $ 9 from a previous price target of $10 .
TechTarget Inc. is a provider of online content and brand advertising that brings together buyers and sellers of corporate information technology (IT) products and services. The Company offers a number of data analytics solutions. The Company operates a network of over 150 Websites each of which focuses on a specific IT sector such as storage security or networking and for decision support information. The Company’s integrated content platform consists of a network of Websites. Based upon the logical clustering of users’ respective job responsibilities and the marketing focus of the products that the Company’s customers are advertising the Company’s marketing opportunities and audience extensions are addressed using nine distinct media groups such as Application Architecture and Development; Channel; CIO/IT Strategy; Data Center and Virtualization Technologies; Business Applications and Analytics; Networking; Security; Storage and TechnologyGuide.