Taboola.com (NASDAQ:TBLA) COO Eldad Maniv Sells 10,045 Shares

Taboola.com Ltd. (NASDAQ:TBLA) COO Eldad Maniv sold 10,045 shares of the company’s stock in a transaction dated Wednesday, November 5th. The shares were sold at an average price of $3.75, for a total transaction of $37,668.75. Following the completion of the transaction, the chief operating officer directly owned 10,807,276 shares in the company, valued at $40,527,285. The trade was a 0.09% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Eldad Maniv also recently made the following trade(s):

• On Thursday, November 6th, Eldad Maniv sold 414,816 shares of Taboola.com stock. The shares were sold at an average price of $3.78, for a total transaction of $1,568,004.48.

Taboola.com Trading Up 0.5%

Shares of Taboola.com stock traded up $0.02 on Friday, reaching $3.79. The company had a trading volume of 2,666,057 shares, compared to its average volume of 1,619,850. The firm’s 50 day moving average price is $3.38 and its two-hundred day moving average price is $3.40. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.07 and a current ratio of 1.08. Taboola.com Ltd. has a 52-week low of $2.50 and a 52-week high of $4.30. The firm has a market cap of $1.00 billion, a PE ratio of 47.38 and a beta of 1.27.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the company. BTIG Research started coverage on Taboola.com in a research report on Tuesday, October 7th. They issued a “neutral” rating on the stock. Wall Street Zen downgraded Taboola.com from a “buy” rating to a “hold” rating in a report on Friday, October 3rd. B. Riley increased their target price on Taboola.com from $4.00 to $4.50 and gave the stock a “buy” rating in a research note on Thursday, August 7th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Taboola.com in a research report on Wednesday, October 8th. Four equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $4.50.

Hedge Funds Weigh In On Taboola.com

A number of institutional investors and hedge funds have recently made changes to their positions in TBLA. Atria Wealth Solutions Inc. purchased a new stake in shares of Taboola.com during the second quarter worth approximately $37,000. Pallas Capital Advisors LLC acquired a new position in Taboola.com during the 2nd quarter worth approximately $41,000. CWM LLC grew its holdings in Taboola.com by 65.8% during the 1st quarter. CWM LLC now owns 11,348 shares of the company’s stock worth $33,000 after acquiring an additional 4,502 shares in the last quarter. Headlands Technologies LLC purchased a new stake in shares of Taboola.com in the 2nd quarter valued at approximately $43,000. Finally, Captrust Financial Advisors acquired a new stake in shares of Taboola.com in the 2nd quarter valued at $46,000. 42.89% of the stock is owned by institutional investors and hedge funds.

Taboola.com Company Profile

Taboola.com Ltd., together with its subsidiaries, operates an artificial intelligence-based algorithmic engine platform in Israel, the United States, the United Kingdom, Germany, and internationally. It offers Taboola, a platform that partners with websites, devices, and mobile apps to recommend editorial content and advertisements on the open web to users.