Teads (NASDAQ:TEAD) Insider Buys 105,000 Shares

Teads Holding Co. (NASDAQ:TEAD) insider Mary Spilman purchased 105,000 shares of the stock in a transaction on Monday, May 18th. The shares were acquired at an average price of $0.99 per share, for a total transaction of $103,950.00. Following the transaction, the insider directly owned 1,505,000 shares of the company’s stock, valued at $1,489,950. This represents a 7.50% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Teads Price Performance

TEAD stock traded up $0.05 during mid-day trading on Wednesday, reaching $1.20. 301,542 shares of the company’s stock were exchanged, compared to its average volume of 1,326,423. The company has a market cap of $116.39 million, a price-to-earnings ratio of -0.23 and a beta of 1.50. The stock’s 50 day moving average is $0.78 and its 200 day moving average is $0.77. The company has a debt-to-equity ratio of 12.06, a current ratio of 1.04 and a quick ratio of 1.04. Teads Holding Co. has a 12-month low of $0.53 and a 12-month high of $3.13.

Teads (NASDAQ:TEAD) last issued its quarterly earnings results on Thursday, May 7th. The company reported ($0.38) earnings per share (EPS) 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%.

Hedge Funds Weigh In On Teads

A number of hedge funds have recently made changes to their positions in the company. Empowered Funds LLC raised its holdings in shares of Teads by 6.0% during the first quarter. Empowered Funds LLC now owns 319,401 shares of the company’s stock valued at $210,000 after acquiring an additional 17,976 shares during the last quarter. CastleKnight Management LP acquired a new stake in shares of Teads in the fourth quarter valued at approximately $25,000. Verition Fund Management LLC acquired a new stake in shares of Teads in the fourth quarter valued at approximately $25,000. Wells Fargo & Company MN acquired a new stake in shares of Teads in the fourth quarter valued at approximately $29,000. Finally, Hsbc Holdings PLC acquired a new stake in shares of Teads in the fourth quarter valued at approximately $35,000. Institutional investors and hedge funds own 60.44% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have commented on TEAD. Wall Street Zen cut Teads from a “sell” rating to a “strong sell” rating in a report on Sunday. Zacks Research cut Teads from a “strong-buy” rating to a “hold” rating in a report on Monday. One investment analyst has rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Teads has a consensus rating of “Hold” and a consensus 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.