Whitefort Capital Management LP Buys New Position in Teads Holding Co. $TEAD

Whitefort Capital Management LP bought a new position in shares of Teads Holding Co. (NASDAQ:TEAD) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 4,609,163 shares of the company’s stock, valued at approximately $3,534,767. Teads accounts for about 0.0% of Whitefort Capital Management LP’s investment portfolio, making the stock its 17th largest holding. Whitefort Capital Management LP owned approximately 4.70% of Teads at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in TEAD. Empowered Funds LLC increased its holdings in Teads by 6.0% in the 1st quarter. Empowered Funds LLC now owns 319,401 shares of the company’s stock valued at $210,000 after purchasing an additional 17,976 shares in the last quarter. CastleKnight Management LP acquired a new position in Teads in the fourth quarter valued at about $25,000. Verition Fund Management LLC bought a new stake in Teads in the fourth quarter valued at about $25,000. Wells Fargo & Company MN bought a new stake in shares of Teads during the 4th quarter worth approximately $29,000. Finally, Hsbc Holdings PLC acquired a new stake in Teads during the fourth quarter worth approximately $35,000. 60.44% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on TEAD. Wall Street Zen cut Teads from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 8th. Zacks Research lowered Teads from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 18th. Needham & Company LLC cut their target price on shares of Teads from $1.40 to $1.00 and set a “buy” rating for the company in a research note on Thursday, August 6th. Finally, Weiss Ratings lowered shares of Teads from a “sell (d-)” rating to a “sell (e+)” rating in a report on Thursday, August 13th. One equities research analyst has rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $1.00.

Teads Trading Down 4.6%

Shares of TEAD traded down $0.02 during trading hours on Friday, hitting $0.45. 578,310 shares of the stock traded hands, compared to its average volume of 889,017. The firm has a market capitalization of $44.13 million, a PE ratio of -0.08 and a beta of 1.65. Teads Holding Co. has a 1-year low of $0.42 and a 1-year high of $1.82. The business has a fifty day moving average of $0.79 and a 200-day moving average of $0.85. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 82.60.

Teads (NASDAQ:TEAD) last released its earnings results on Thursday, August 6th. The company reported ($0.41) earnings per share for the quarter. Teads had a negative return on equity of 49.37% and a negative net margin of 43.32%.The business had revenue of $284.59 million for the quarter.

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.