.jpg "TechTarget (NASDAQ: TTGT)")
Today, the Exec. Director of TechTarget (NASDAQ: TTGT), Don Hawk, sold shares of TTGT for $282.5K.
Following Don Hawk’s last TTGT Sell transaction on June 16, 2016, the stock climbed by 14.6%. This is Hawk’s first Sell trade following 8 Buy transactions.
See today’s analyst top recommended stocks >>
Based on TechTarget’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $31.47 million and quarterly net profit of $4.42 million. In comparison, last year the company earned revenue of $26.66 million and had a net profit of $1.36 million. TTGT’s market cap is $633.7M and the company has a P/E ratio of 56.05. Currently, TechTarget has an average volume of 385.8K.
Based on 3 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $30.33, reflecting a -23.2% downside.
In the last 30 days, insiders have sold $282.5K worth of TTGT shares and purchased $12.4K worth of TTGT shares. The insider sentiment on TechTarget has been negative according to 89 insider trades in the past three months. This sentiment is slightly lower than the average sentiment of company insiders in this sector.
Company insider trades’ information is brought to you by the DailyInsider, a proprietary algorithm that analyzes insider trading activity to detect the most attractive trading opportunities. To subscribe to the DailyInsider visit this page.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
TechTarget, Inc. engages in the provision of online content for buyers of enterprise information technology products and services. It also offers purchase-intent marketing and sales services for enterprise technology vendors. Its products portfolio includes demand generation, brand consideration, sales enablement, and marketing intelligence.
