Insider Buying: Teads (NASDAQ:TEAD) CEO Purchases $20,880.00 in Stock

Teads Holding Co. (NASDAQ:TEAD) CEO David Kostman purchased 18,000 shares of the firm’s stock in a transaction that occurred on Friday, May 29th. The shares were bought at an average cost of $1.16 per share, for a total transaction of $20,880.00. Following the completion of the acquisition, the chief executive officer directly owned 1,524,937 shares in the company, valued at $1,768,926.92. The trade was a 1.19% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• On Tuesday, June 2nd, David Kostman purchased 13,500 shares of Teads stock. The shares were bought at an average cost of $1.07 per share, for a total transaction of $14,445.00.
• On Monday, June 1st, David Kostman purchased 15,000 shares of Teads stock. The shares were bought at an average cost of $1.19 per share, for a total transaction of $17,850.00.

Teads Trading Down 7.3%

TEAD opened at $1.15 on Friday. Teads Holding Co. has a fifty-two week low of $0.53 and a fifty-two week high of $3.13. The company has a debt-to-equity ratio of 12.06, a current ratio of 1.04 and a quick ratio of 1.04. The firm has a market capitalization of $111.54 million, a price-to-earnings ratio of -0.22 and a beta of 1.60. The company’s 50 day moving average price is $0.89 and its two-hundred day moving average price is $0.77.

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

Analyst Upgrades and Downgrades

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Value Base Ltd. bought a new position in shares of Teads in the fourth quarter worth approximately $4,049,000. Geode Capital Management LLC bought a new stake in Teads in the fourth quarter valued at $602,000. State Street Corp purchased a new position in Teads during the fourth quarter valued at $483,000. Bridgeway Capital Management LLC purchased a new position in Teads during the fourth quarter valued at $335,000. Finally, Bank of America Corp DE lifted its position in Teads by 368.5% during the first quarter. Bank of America Corp DE now owns 381,771 shares of the company’s stock valued at $251,000 after buying an additional 300,290 shares during the period. 60.44% of the stock is currently owned by institutional investors.

About Teads

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.