TechTargetTTGT
About: TechTarget Inc is a data, software and analytics leader for purchase intent-driven marketing and sales data which delivers business impact for business-to-business (B2B) companies. The company solutions are designed to enable B2B technology companies to identify, reach, and influence key enterprise technology decision makers faster and with higher efficacy. Geographically, it derives a majority of its revenue from North America. Its products and services intended to improve information technology vendors abilities to impact targeted audiences for business growth using targeting, first-party analytics and data services complemented with customized marketing programs that integrate content creation, demand generation, brand marketing, and other advertising techniques.
Employees: 960
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
239% more call options, than puts
Call options by funds: $738K | Put options by funds: $218K
12% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 17
1% more funds holding
Funds holding: 139 [Q1] → 141 (+2) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]
2.52% less ownership
Funds ownership: 94.17% [Q1] → 91.65% (-2.52%) [Q2]
8% less capital invested
Capital invested by funds: $889M [Q1] → $816M (-$74M) [Q2]
17% less repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 54
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
Craig-Hallum Jason Kreyer 52% 1-year accuracy 12 / 23 met price target | 22%upside $36 | Buy Upgraded | 15 Oct 2024 |
Needham Joshua Reilly 68% 1-year accuracy 52 / 77 met price target | 36%upside $40 | Buy Maintained | 16 Sept 2024 |
Raymond James Andrew Marok 63% 1-year accuracy 5 / 8 met price target | 15%upside $34 | Outperform Maintained | 12 Aug 2024 |
Keybanc Justin Patterson 67% 1-year accuracy 48 / 72 met price target | 29%upside $38 | Overweight Maintained | 12 Aug 2024 |
Needham Joshua Reilly 68% 1-year accuracy 52 / 77 met price target | 69%upside $50 | Buy Reiterated | 9 Aug 2024 |
Financial journalist opinion
Based on 3 articles about TTGT published over the past 30 days
