Insider Buying: Teads (NASDAQ:TEAD) CEO Purchases $14,445.00 in Stock

Teads Holding Co. (NASDAQ:TEAD) CEO David Kostman bought 13,500 shares of the business’s stock in a transaction on Tuesday, June 2nd. The shares were acquired 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 in the company, valued at approximately $1,662,177.59. This trade represents a 0.88% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website.

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

• On Monday, June 1st, David Kostman bought 15,000 shares of Teads stock. The shares were 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 shares were acquired at an average cost of $1.16 per share, for a total transaction of $20,880.00.

Teads Stock Down 7.3%

Shares of Teads stock opened at $1.15 on Friday. The firm’s 50 day moving average price is $0.89 and its 200-day moving average price is $0.77. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 12.06. Teads Holding Co. has a 52-week low of $0.53 and a 52-week high of $3.13. The company has a market cap of $111.54 million, a P/E ratio of -0.22 and a beta of 1.60.

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

Institutional Trading of Teads

Several large investors have recently bought and sold shares of the stock. Value Base Ltd. purchased a new stake in Teads during the 4th quarter worth approximately $4,049,000. Geode Capital Management LLC purchased a new stake in Teads during the 4th quarter worth approximately $602,000. State Street Corp purchased a new stake in Teads during the 4th quarter worth approximately $483,000. Bridgeway Capital Management LLC purchased a new stake in Teads during the 4th quarter worth approximately $335,000. Finally, Bank of America Corp DE grew 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 last quarter. Hedge funds and other institutional investors own 60.44% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the stock. Zacks Research downgraded shares of Teads from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 18th. Weiss Ratings raised shares of Teads from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Tuesday, May 26th. 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 assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Teads currently has a consensus rating of “Hold” and a consensus target price of $3.13.

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.