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TechTarget (TTGT) Buy Rating Reiterated Today By Lake Street; The Target is Set to $26.0

TechTarget, Inc. (NASDAQ:TTGT) Logo

Investors sentiment increased to 2.57 in Q2 2018. Its up 0.89, from 1.68 in 2018Q1. It is positive, as 6 investors sold TechTarget, Inc. shares while 22 reduced holdings. 33 funds opened positions while 39 raised stakes. 12.62 million shares or 0.24% more from 12.59 million shares in 2018Q1 were reported.

11,935 are owned by 1492 Mgmt Ltd Com. Peak6 Invs Limited Partnership holds 7,520 shares. Wedge Cap Management L Lp Nc invested in 0.01% or 27,641 shares. D E Shaw And Co holds 0% or 109,684 shares in its portfolio. Metropolitan Life Insur New York has invested 0% in TechTarget, Inc. (NASDAQ:TTGT). Blackrock holds 0% of its portfolio in TechTarget, Inc. (NASDAQ:TTGT) for 1.83M shares. Yorktown Mngmt & Research reported 12,160 shares stake. Great West Life Assurance Can holds 0% or 3,117 shares. California State Teachers Retirement System invested 0% of its portfolio in TechTarget, Inc. (NASDAQ:TTGT). Next Century Growth Investors Ltd, a Minnesota-based fund reported 806,619 shares. Bnp Paribas Arbitrage Sa owns 856 shares. Invesco Limited holds 44,330 shares or 0% of its portfolio. Dimensional Fund Advisors L P invested in 0.01% or 874,588 shares. State Common Retirement Fund holds 0% or 40,628 shares. Bancorporation Of America De owns 105,388 shares or 0% of their US portfolio.

Since May 10, 2018, it had 0 insider buys, and 29 insider sales for $31.63 million activity. MARINO ROGER M also sold $2.89 million worth of TechTarget, Inc. (NASDAQ:TTGT) on Thursday, August 30. The insider Strakosch Greg sold $576,250. $544,495 worth of TechTarget, Inc. (NASDAQ:TTGT) shares were sold by Cotoia Michael. Hawk Don sold $526,400 worth of stock or 20,000 shares. On Tuesday, September 11 the insider Levenson Bruce sold $993,375. On Monday, July 16 the insider Noreck Daniel T sold $62,040.

TechTarget (TTGT) Rating Reaffirmed

They currently have a $26.0 price target on TechTarget (TTGT). The target price by Lake Street would suggest a potential upside of 108.67 % from the company’s close price. This has been revealed to investors in an analyst note on Thursday morning.

The stock decreased 19.19% or $3.92 during the last trading session, reaching $16.51. About 1.99 million shares traded or 227.29% up from the average. TechTarget, Inc. (TTGT) has risen 105.42% since November 9, 2017 and is uptrending. It has outperformed by 89.80% the S&P500.

TechTarget, Inc. provides specialized online content for buyers of enterprise information technology services and products in the United States, the United Kingdom, and internationally. The company has market cap of $455.36 million. It also provides purchase-intent marketing and sales services for enterprise technology vendors; and 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. It has a 39.31 P/E ratio. The firm offers online services, including IT Deal Alert, core online, demand solutions, brand solutions, and custom content creation.

More important recent TechTarget, Inc. (NASDAQ:TTGT) news were published by: Seekingalpha.com which released: “TTGT +4%, FBC +1.8% on moves to SmallCap 600” on October 18, 2018, also Seekingalpha.com published article titled: “TechTarget -4.6% as Q3 earnings growth lags expectations”, Benzinga.com published: “65 Stocks Moving In Thursday’s Mid-Day Session” on November 08, 2018. More interesting news about TechTarget, Inc. (NASDAQ:TTGT) was released by: Nasdaq.com and their article: “Report: Developing Opportunities within Univar, Aqua America, Chimerix, Superior Energy Services, TechTarget, and …” with publication date: October 24, 2018.

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

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