Insider Buying: Telaria Inc (TLRA) Insider Buys $59,600.00 in Stock

Telaria Inc (NYSE:TLRA) insider Adam Lowy purchased 20,000 shares of Telaria stock in a transaction on Tuesday, November 20th. The stock was bought at an average price of $2.98 per share, with a total value of $59,600.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Telaria stock opened at $2.97 on Friday. Telaria Inc has a 1-year low of $2.19 and a 1-year high of $5.30.

Telaria (NYSE:TLRA) last released its quarterly earnings data on Thursday, November 8th. The software maker reported ($0.03) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.02. Telaria had a negative net margin of 23.18% and a negative return on equity of 13.71%. The firm had revenue of $13.48 million for the quarter, compared to analyst estimates of $13.16 million. During the same period last year, the firm earned ($0.06) earnings per share. The business’s quarterly revenue was up 6.0% compared to the same quarter last year. Equities research analysts forecast that Telaria Inc will post -0.23 EPS for the current year.

Several institutional investors have recently added to or reduced their stakes in the business. Meritech Capital Associates III L.L.C. bought a new position in shares of Telaria in the third quarter valued at $8,838,000. BlackRock Inc. bought a new position in shares of Telaria in the third quarter valued at $8,574,000. Royce & Associates LP bought a new position in shares of Telaria in the third quarter valued at $7,980,000. Renaissance Technologies LLC bought a new position in shares of Telaria in the third quarter valued at $6,457,000. Finally, Vanguard Group Inc. bought a new position in shares of Telaria in the third quarter valued at $6,322,000. 42.74% of the stock is currently owned by hedge funds and other institutional investors.

A number of research analysts have weighed in on TLRA shares. Canaccord Genuity dropped their price objective on shares of Telaria from $8.00 to $6.00 and set a “buy” rating on the stock in a research note on Friday, October 5th. TheStreet lowered shares of Telaria from a “c-” rating to a “d+” rating in a research note on Thursday, October 25th. Finally, B. Riley started coverage on shares of Telaria in a research note on Thursday, October 18th. They issued a “buy” rating and a $4.00 price objective on the stock. Four equities research analysts have rated the stock with a buy rating, The company presently has a consensus rating of “Buy” and a consensus price target of $5.67.

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About Telaria

Telaria, Inc, a software company, operates a programmatic, self-service, seller platform to monetize and manage premium video content across various Internet-connected screens and devices in the United States. Its platform enables publishers to optimize and automate their video advertising sales; and manage their inventory across sales channels, devices, and platforms.

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Insider Buying and Selling by Quarter for Telaria (NYSE:TLRA)

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