Insider Buying: Teads (NASDAQ:TEAD) CEO Acquires 13,500 Shares of Stock

Teads Holding Co. (NASDAQ:TEAD) CEO David Kostman purchased 13,500 shares of the business’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was acquired at an average price of $1.07 per share, with a total value of $14,445.00. Following the purchase, the chief executive officer owned 1,553,437 shares in the company, valued at $1,662,177.59. This represents a 0.88% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

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

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

Teads Price Performance

TEAD traded down $0.10 during trading on Tuesday, reaching $1.08. The company’s stock had a trading volume of 258,283 shares, compared to its average volume of 379,687. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 12.06. The firm has a fifty day simple moving average of $0.86 and a two-hundred day simple moving average of $0.77. Teads Holding Co. has a 1 year low of $0.53 and a 1 year high of $3.13. The company has a market cap of $104.26 million, a price-to-earnings ratio of -0.21 and a beta of 1.60.

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

Institutional Investors Weigh In On Teads

A number of institutional investors have recently added to or reduced their stakes in TEAD. Bank of America Corp DE increased its position in Teads by 368.5% during the 1st quarter. Bank of America Corp DE now owns 381,771 shares of the company’s stock worth $251,000 after purchasing an additional 300,290 shares during the period. Empowered Funds LLC increased its position in Teads by 6.0% during the 1st quarter. Empowered Funds LLC now owns 319,401 shares of the company’s stock worth $210,000 after purchasing an additional 17,976 shares during the period. Hsbc Holdings PLC purchased a new position in Teads in the fourth quarter valued at about $35,000. Virtu Financial LLC acquired a new position in shares of Teads during the 4th quarter worth approximately $46,000. Finally, XTX Topco Ltd purchased a new stake in Teads in the 4th quarter valued at approximately $104,000. Hedge funds and other institutional investors own 60.44% of the company’s stock.

Wall Street Analysts Forecast Growth

TEAD has been the subject of a number of analyst reports. Weiss Ratings upgraded shares of Teads from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Tuesday, May 26th. Wall Street Zen downgraded shares of Teads from a “sell” rating to a “strong sell” rating in a research note on Sunday, May 17th. Finally, Zacks Research downgraded shares of Teads from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 18th. One research analyst has rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company currently 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.