TTGT stock icon

TechTarget
TTGT

$34.75
5.66%

Market Cap: 992M

 

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

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 7 analysts
News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

225% more call options, than puts

Call options by funds: $634K | Put options by funds: $195K

0% more funds holding in top 10

Funds holding in top 10: 1 [Q4 2023] → 1 (+0) [Q1 2024]

2% less repeat investments, than reductions

Existing positions increased: 50 | Existing positions reduced: 51

3.59% less ownership

Funds ownership: 93.98% [Q4 2023] → 90.38% (-3.59%) [Q1 2024]

8% less capital invested

Capital invested by funds: $930M [Q4 2023] → $854M (-$76.1M) [Q1 2024]

11% less funds holding

Funds holding: 152 [Q4 2023] → 136 (-16) [Q1 2024]

67% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 24

Research analyst outlook

7 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$33
5%
downside
Avg. target
$42
20%
upside
High target
$50
44%
upside

7 analyst ratings

positive
71%
neutral
29%
negative
0%
Raymond James
Andrew Marok
12%upside
$39
Outperform
Maintained
10 May 2024
Deutsche Bank
Brad Zelnick
5%downside
$33
Hold
Maintained
10 May 2024
Craig-Hallum
Jason Kreyer
2%downside
$34
Hold
Maintained
10 May 2024
Needham
Joshua Reilly
44%upside
$50
Buy
Reiterated
10 May 2024
Needham
Joshua Reilly
44%upside
$50
Buy
Reiterated
8 Feb 2024

Financial journalist opinion