Innovid Corp. (NYSE:CTV – Get Free Report) CEO Zvika Netter purchased 20,000 shares of the business’s stock in a transaction dated Tuesday, May 21st. The shares were bought at an average price of $2.07 per share, with a total value of $41,400.00. Following the purchase, the chief executive officer now directly owns 4,960,733 shares of the company’s stock, valued at $10,268,717.31. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
Zvika Netter also recently made the following trade(s):
- On Wednesday, February 28th, Zvika Netter purchased 25,000 shares of Innovid stock. The shares were bought at an average price of $1.84 per share, with a total value of $46,000.00.
Innovid Stock Performance
CTV opened at $2.13 on Thursday. The business has a 50-day moving average of $2.25 and a two-hundred day moving average of $1.78. Innovid Corp. has a 12 month low of $0.89 and a 12 month high of $2.58.
Analyst Ratings Changes
Several research firms have issued reports on CTV. TheStreet upgraded Innovid from a “d” rating to a “c-” rating in a research report on Friday, March 15th. Needham & Company LLC reiterated a “buy” rating and issued a $3.00 price objective on shares of Innovid in a research report on Monday. Morgan Stanley increased their price objective on Innovid from $1.60 to $2.10 and gave the stock an “equal weight” rating in a research report on Tuesday, April 16th. Finally, JMP Securities reiterated a “market outperform” rating and issued a $3.00 price objective on shares of Innovid in a research report on Wednesday, April 10th.
Read Our Latest Research Report on Innovid
Hedge Funds Weigh In On Innovid
A number of institutional investors have recently made changes to their positions in the business. Acadian Asset Management LLC increased its holdings in shares of Innovid by 230.9% in the 3rd quarter. Acadian Asset Management LLC now owns 190,223 shares of the company’s stock valued at $242,000 after acquiring an additional 132,728 shares during the last quarter. Jump Financial LLC bought a new stake in shares of Innovid in the 3rd quarter valued at approximately $34,000. Connor Clark & Lunn Investment Management Ltd. increased its holdings in shares of Innovid by 29.2% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 215,538 shares of the company’s stock valued at $276,000 after acquiring an additional 48,704 shares during the last quarter. Vanguard Group Inc. increased its holdings in shares of Innovid by 6.5% in the 1st quarter. Vanguard Group Inc. now owns 4,555,974 shares of the company’s stock valued at $11,344,000 after acquiring an additional 279,830 shares during the last quarter. Finally, Lazard Asset Management LLC bought a new stake in shares of Innovid in the 1st quarter valued at approximately $58,000. 25.46% of the stock is owned by institutional investors and hedge funds.
Innovid Company Profile
Innovid Corp. operates an independent software platform that provides ad serving, measurement, and creative services. It offers advertising services for the creation, delivery, and measurement of TV ads across connected TV, mobile TV, and desktop TV environments to advertisers, publishers, and media agencies.
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