Shares of COMSCORE, Inc. (OTCMKTS:SCOR) gapped up prior to trading on Wednesday following insider buying activity. The stock had previously closed at $2.99, but opened at $3.24. COMSCORE shares last traded at $3.96, with a volume of 3,061,292 shares trading hands.
Specifically, Director Dale L. Fuller bought 10,000 shares of the company’s stock in a transaction that occurred on Thursday, November 7th. The stock was purchased at an average price of $3.22 per share, for a total transaction of $32,200.00. Following the completion of the transaction, the director now owns 23,470 shares in the company, valued at $75,573.40. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider William Paul Livek bought 34,083 shares of the company’s stock in a transaction that occurred on Monday, November 11th. The shares were bought at an average price of $3.41 per share, with a total value of $116,223.03. Following the transaction, the insider now owns 610,894 shares of the company’s stock, valued at approximately $2,083,148.54. The disclosure for this purchase can be found here. Over the last quarter, insiders acquired 231,728 shares of company stock valued at $745,134. Company insiders own 2.50% of the company’s stock.
A number of equities analysts recently weighed in on the stock. SunTrust Banks set a $5.00 target price on shares of COMSCORE and gave the stock a “hold” rating in a research report on Wednesday, August 7th. Zacks Investment Research lowered shares of COMSCORE from a “buy” rating to a “hold” rating in a research report on Saturday, October 26th. Loop Capital restated a “hold” rating and set a $5.00 target price on shares of COMSCORE in a research report on Wednesday, August 7th. Finally, Aegis set a $6.00 target price on shares of COMSCORE and gave the stock a “buy” rating in a research report on Wednesday, August 21st. Five analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. COMSCORE presently has an average rating of “Hold” and a consensus price target of $10.21.
COMSCORE (OTCMKTS:SCOR) last announced its earnings results on Tuesday, November 5th. The business services provider reported ($0.16) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.21) by $0.05. The firm had revenue of $94.30 million during the quarter, compared to analysts’ expectations of $96.33 million. During the same period in the prior year, the company posted ($0.42) EPS. The company’s revenue was down 8.3% compared to the same quarter last year.
Several institutional investors and hedge funds have recently made changes to their positions in SCOR. Citadel Advisors LLC increased its stake in COMSCORE by 762.0% in the 2nd quarter. Citadel Advisors LLC now owns 584,881 shares of the business services provider’s stock worth $3,018,000 after buying an additional 517,027 shares during the period. CVI Holdings LLC acquired a new stake in shares of COMSCORE in the second quarter valued at approximately $14,079,000. D. E. Shaw & Co. Inc. boosted its holdings in shares of COMSCORE by 56.5% in the second quarter. D. E. Shaw & Co. Inc. now owns 1,365,499 shares of the business services provider’s stock valued at $7,046,000 after acquiring an additional 493,139 shares during the period. Clearline Capital LP acquired a new stake in shares of COMSCORE in the second quarter valued at approximately $4,867,000. Finally, Cowen Prime Services LLC acquired a new stake in shares of COMSCORE in the second quarter valued at approximately $1,192,000. 25.55% of the stock is currently owned by institutional investors and hedge funds.
COMSCORE Company Profile (OTCMKTS:SCOR)
comScore, Inc operates as an information and analytics company that measures audiences, consumer behavior, and advertising across media platforms worldwide. The company offers digital audience products and services, including Media Metrix and Mobile Metrix, Video Metrix, Plan Metrix, and comScore marketing solutions, which provide person-centric insights across various devices and can capture various types of content.
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