Telaria Inc (NYSE:TLRA) Director James Rossman sold 173,156 shares of the company’s stock in a transaction on Wednesday, May 15th. The stock was sold at an average price of $8.12, for a total value of $1,406,026.72. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.
Shares of TLRA traded up $0.21 during trading hours on Friday, reaching $8.56. The stock had a trading volume of 1,766,717 shares, compared to its average volume of 726,016. Telaria Inc has a 12 month low of $2.19 and a 12 month high of $9.19. The stock has a market capitalization of $367.71 million, a price-to-earnings ratio of -47.56 and a beta of 2.04. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.37 and a current ratio of 1.43.
Telaria (NYSE:TLRA) last announced its quarterly earnings results on Thursday, May 9th. The software maker reported ($0.10) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.11) by $0.01. Telaria had a negative return on equity of 11.45% and a negative net margin of 12.84%. The company had revenue of $13.60 million during the quarter, compared to analysts’ expectations of $11.82 million. During the same period in the prior year, the company earned ($0.12) EPS. Telaria’s revenue was up 41.7% compared to the same quarter last year. As a group, equities analysts forecast that Telaria Inc will post -0.01 EPS for the current year.
Several equities research analysts have weighed in on TLRA shares. ValuEngine cut Telaria from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, March 6th. Lake Street Capital restated a “buy” rating and set a $11.00 target price (up from $7.00) on shares of Telaria in a research note on Friday, May 10th. B. Riley restated a “buy” rating and set a $6.25 target price (up from $4.00) on shares of Telaria in a research note on Wednesday, February 27th. Zacks Investment Research cut Telaria from a “buy” rating to a “hold” rating in a research note on Tuesday, March 5th. Finally, TheStreet upgraded Telaria from a “d+” rating to a “c” rating in a research note on Tuesday, February 26th. Six equities research analysts have rated the stock with a buy rating, Telaria presently has an average rating of “Buy” and a consensus target price of $8.00.
Institutional investors and hedge funds have recently made changes to their positions in the company. MetLife Investment Advisors LLC acquired a new stake in Telaria in the first quarter valued at $129,000. Metropolitan Life Insurance Co NY acquired a new stake in Telaria in the first quarter valued at $93,000. Summit Partners Public Asset Management LLC acquired a new stake in Telaria in the first quarter valued at $1,331,000. Morgan Stanley increased its holdings in Telaria by 57.2% in the first quarter. Morgan Stanley now owns 118,157 shares of the software maker’s stock valued at $749,000 after purchasing an additional 43,006 shares during the period. Finally, SEI Investments Co acquired a new stake in Telaria in the first quarter valued at $672,000. Institutional investors own 39.20% of the company’s stock.
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Telaria Company Profile
Telaria, Inc provides a software platform for publishers to manage and monetize video advertising in the United States. The company offers publishers with real-time analytics, data, and decisioning tools to control their video advertising business, as well as a monetization solution to optimize yield across a publisher's supply of digital video inventory.
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