MNTN (NYSE:MNTN) Shares Down 4.8% – Should You Sell?

Posted by Brian Himes on Oct 21st, 2026

MNTN Inc. (NYSE:MNTN – Get Free Report)’s share price traded down 4.8% on Wednesday. The stock traded as low as $9.98 and last traded at $9.9720. 114,091 shares changed hands during mid-day trading, a decline of 88% from the average session volume of 934,841 shares. The stock had previously closed at $10.47.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. Morgan Stanley set a $16.00 price objective on MNTN in a report on Monday, August 10th. Weiss Ratings upgraded MNTN from a “sell (d)” rating to a “sell (d+)” rating in a research report on Wednesday, August 19th. Wall Street Zen raised MNTN from a “hold” rating to a “buy” rating in a research note on Monday, September 28th. Citigroup decreased their price target on MNTN from $17.00 to $16.00 and set a “buy” rating on the stock in a research note on Thursday, August 13th. Finally, Tigress Financial lowered their price objective on MNTN from $26.00 to $22.00 and set a “strong-buy” rating for the company in a research report on Thursday, August 13th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $18.65.

Check Out Our Latest Stock Analysis on MNTN

MNTN Stock Down 4.4%

The business’s 50-day simple moving average is $11.52 and its 200-day simple moving average is $10.13. The stock has a market cap of $619.80 million, a PE ratio of 14.08 and a beta of 1.15.

MNTN (NYSE:MNTN – Get Free Report) last posted its earnings results on Tuesday, August 4th. The company reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.10). The firm had revenue of $82.54 million for the quarter, compared to analysts’ expectations of $82.34 million. MNTN had a return on equity of 18.85% and a net margin of 18.00%. The business’s revenue for the quarter was up 20.5% on a year-over-year basis. During the same quarter in the prior year, the company posted ($0.65) earnings per share. As a group, equities research analysts anticipate that MNTN Inc. will post 0.87 earnings per share for the current fiscal year.

Insider Buying and Selling at MNTN

In related news, major shareholder Baroda Ventures Llc sold 275,115 shares of the business’s stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $12.75, for a total transaction of $3,507,716.25. Following the transaction, the insider owned 6,375,543 shares in the company, valued at $81,288,173.25. The trade was a 4.14% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Over the last 90 days, insiders have sold 335,555 shares of company stock worth $4,266,038. Insiders own 19.60% of the company’s stock.

Institutional Investors Weigh In On MNTN

Hedge funds and other institutional investors have recently bought and sold shares of the business. Mercato Management Legacy LLC purchased a new stake in shares of MNTN in the first quarter worth $54,279,000. Renaissance Technologies LLC increased its holdings in MNTN by 40.7% during the first quarter. Renaissance Technologies LLC now owns 646,217 shares of the company’s stock valued at $5,687,000 after buying an additional 187,028 shares during the last quarter. Militia Capital Management LLC bought a new position in MNTN in the 1st quarter worth $2,362,000. Zazove Associates LLC raised its stake in shares of MNTN by 18.7% in the first quarter. Zazove Associates LLC now owns 150,322 shares of the company’s stock worth $1,323,000 after buying an additional 23,721 shares during the period. Finally, Teachers Retirement System of The State of Kentucky lifted its holdings in MNTN by 95.6% during the first quarter. Teachers Retirement System of The State of Kentucky now owns 145,491 shares of the company’s stock valued at $1,280,000 after purchasing an additional 71,114 shares in the last quarter. Hedge funds and other institutional investors own 72.90% of the company’s stock.

About MNTN

(Get Free Report)

MNTN, Inc operates a software platform designed to help businesses plan, purchase, manage and measure connected television (CTV) advertising campaigns. Its platform applies performance-marketing tools to television advertising, enabling brands to reach audiences across streaming and other digital video environments.

The company provides campaign management, audience targeting, automated media buying, creative support and performance measurement capabilities. MNTN’s services are intended to help advertisers and agencies use television advertising to drive measurable business outcomes, including customer acquisition, website visits and sales.

MNTN was previously known as SteelHouse and is headquartered in Los Angeles, California.