Techtarget Inc (NASDAQ:TTGT) Shares Shorted Reduced By 5.19%

June 27, 2018 - By Joshua Cleveland

TechTarget, Inc. (NASDAQ:TTGT) Corporate Logo

Big Money Sentiment increased to 1.68 in Q1 2018. It has change of 0.16, from 2017Q4’s 1.52. The ratio is positive due to TechTarget, Inc. positioning: 8 sold and 23 reduced. 27 funds amassed positions and 25 increased positions. Investors holded 12.38 million in 2017Q4 but now own 12.59 million shares or 1.76% more.
Dimensional Fund Lp reported 0.01% of its capital in TechTarget, Inc. (NASDAQ:TTGT). New York-based Ingalls & Snyder Ltd Co has invested 0.01% in TechTarget, Inc. (NASDAQ:TTGT). Royal Financial Bank Of Canada stated it has 4,179 shs. Wedge Mgmt L Lp Nc holds 40,617 shs. Ashford Cap Inc owns 371,003 shs or 1.11% of their US capital. Sei Invs Co has 0% invested in TechTarget, Inc. (NASDAQ:TTGT) for 2,861 shs. Goldman Sachs holds 0% or 114,958 shs in its capital. Utd Serv Automobile Association reported 102,912 shs. Hcsf Management Limited Liability Corp reported 836,359 shs. Bessemer Grp has invested 0% in TechTarget, Inc. (NASDAQ:TTGT). White Pine Capital Ltd holds 0.12% of its capital in TechTarget, Inc. (NASDAQ:TTGT) for 16,600 shs. Edge Wealth Ltd Liability has 0% invested in TechTarget, Inc. (NASDAQ:TTGT). Mackay Shields Lc has 35,600 shs. State Common Retirement Fund accumulated 36,728 shs. Spark Investment Management Ltd Liability invested 0.09% in TechTarget, Inc. (NASDAQ:TTGT).

TechTarget, Inc. had 33 insider sales and 0 insider purchases since January 2, 2018. This’s net activity of $19.72 million. On Monday, March 19 Strakosch Greg had sold 50,000 shs worth $946,500. Hawk Don sold $227,234 worth of TechTarget, Inc. (NASDAQ:TTGT) on Monday, January 22. Levenson Bruce sold 71,800 shs worth $2.00M. 60,000 TechTarget, Inc. (NASDAQ:TTGT) shs with value of $1.50 million were sold by MARINO ROGER M. 25,000 TechTarget, Inc. (NASDAQ:TTGT) shs with value of $469,072 were sold by Cotoia Michael. On Friday, June 1 Beam Kevin sold $263,800 worth of TechTarget, Inc. (NASDAQ:TTGT) or 10,000 shs.

It was registered a decrease on Techtarget Inc (NASDAQ:TTGT)’s shorted shares with 5.19%. FINRA issued in June TTGT’s total 286,600 shorted shares. Previously was reported down change of 5.19% from 302,300 shares. 1 days will cost TTGT with 212,100 average volume to restore its previous position. Float short on Techtarget Inc is 2.21%.

The stock increased 3.01% or $0.83 during the last trading session, hitting $28.44.TechTarget, Inc. has 373,607 shares volume, 8.87% up from normal. TTGT is uptrending and has moved 174.81% since June 27, 2017. TTGT outperformed the S&P 500 by 162.24%.

TechTarget, Inc. provides specialized online content for buyers of corporate information technology services and products; and purchase-intent marketing and sales services for enterprise technology vendors in the United States and internationally.The firm is valued at $782.02 million. It offers customized marketing programs that integrate demand generation and brand marketing, as well as advertising techniques, which enable IT vendors to identify, reach, and influence corporate IT decision makers who are researching specific IT purchases.The P/E ratio is 118.5. The company??s products include IT deal alert, core online, demand solutions, brand solutions, and custom content creation, which are provided through online, as well as operates face-to-face events.

TechTarget, Inc. (NASDAQ:TTGT) Ratings Coverage

In total 4 analysts cover TechTarget (NASDAQ:TTGT). “Buy” rating has 3, “Sell” are 0, while 1 are “Hold”. 75% are bullish. With $2500 highest and $16.0 lowest target price TechTarget has $20.25 average target price or -28.80% below the current ($28.44) price. 4 are the (NASDAQ:TTGT)’s analyst reports since January 12, 2018 according to StockzIntelligence Inc. On Friday, January 12 the stock of TechTarget, Inc. (NASDAQ:TTGT) has “Buy” rating given by Needham. On Thursday, May 10 the firm earned “Buy” rating by Craig Hallum. On Wednesday, February 7 the firm has “Hold” rating given by Jefferies.

Another two news for TechTarget, Inc. (NASDAQ:TTGT) were recently published by: Seekingalpha.com on June 18, 2018 with title “TechTarget’s New Multiples Likely Will Depend On Its Old Business”. The other Globenewswire.com‘s article was titled “Investor Expectations to Drive Momentum within Mesoblast, Access National, Urogen Pharma, TechTarget, Sina, and …” and published on June 06, 2018.

TechTarget, Inc. (NASDAQ:TTGT) Institutional Investors Chart

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