Teads (NASDAQ:TEAD) CEO David Kostman Purchases 15,000 Shares

Teads Holding Co. (NASDAQ:TEAD) CEO David Kostman purchased 15,000 shares of the company’s stock in a transaction on Monday, June 1st. The stock was acquired at an average cost of $1.19 per share, for a total transaction of $17,850.00. Following the completion of the transaction, the chief executive officer owned 1,539,937 shares in the company, valued at approximately $1,832,525.03. This trade represents a 0.98% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link.

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

• On Tuesday, June 2nd, David Kostman purchased 13,500 shares of Teads stock. The stock was acquired at an average cost of $1.07 per share, for a total transaction of $14,445.00.
• On Friday, May 29th, David Kostman acquired 18,000 shares of Teads stock. The shares were purchased at an average price of $1.16 per share, for a total transaction of $20,880.00.

Teads Stock Performance

Shares of TEAD traded down $0.10 on Tuesday, reaching $1.08. 258,283 shares of the stock traded hands, compared to its average volume of 379,687. The firm has a market cap of $104.26 million, a price-to-earnings ratio of -0.21 and a beta of 1.60. 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. The stock’s 50-day moving average price is $0.86 and its 200-day moving average price is $0.77.

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

Hedge Funds Weigh In On Teads

A number of institutional investors have recently modified their holdings of the business. 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 acquiring an additional 300,290 shares during the last quarter. Empowered Funds LLC increased its stake in shares of Teads by 6.0% in the first quarter. Empowered Funds LLC now owns 319,401 shares of the company’s stock valued at $210,000 after buying an additional 17,976 shares during the period. Hsbc Holdings PLC acquired a new stake in shares of Teads in the fourth quarter valued at about $35,000. Virtu Financial LLC acquired a new stake in shares of Teads in the fourth quarter valued at about $46,000. Finally, XTX Topco Ltd acquired a new stake in shares of Teads in the fourth quarter valued at about $104,000. Institutional investors and hedge funds own 60.44% of the company’s stock.

Wall Street Analyst Weigh In

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