Innovid Corp. (NYSE:CTV – Get Rating) Director Gilad Shany purchased 28,328 shares of the company’s stock in a transaction dated Thursday, May 25th. The shares were acquired at an average cost of $1.19 per share, for a total transaction of $33,710.32. Following the transaction, the director now owns 191,624 shares of the company’s stock, valued at $228,032.56. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink.
Gilad Shany also recently made the following trade(s):
- On Tuesday, May 23rd, Gilad Shany purchased 32,660 shares of Innovid stock. The shares were acquired at an average cost of $1.07 per share, for a total transaction of $34,946.20.
Innovid Price Performance
Innovid stock traded up $0.12 during midday trading on Friday, reaching $1.32. The stock had a trading volume of 1,185,790 shares, compared to its average volume of 416,070. The firm’s fifty day simple moving average is $1.09 and its 200-day simple moving average is $1.79. Innovid Corp. has a 1-year low of $0.75 and a 1-year high of $5.08. The company has a quick ratio of 3.80, a current ratio of 3.80 and a debt-to-equity ratio of 0.10.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently issued reports on the company. Morgan Stanley dropped their target price on Innovid from $2.40 to $2.20 and set an “equal weight” rating on the stock in a research report on Monday, March 6th. JMP Securities reissued a “market outperform” rating and issued a $5.00 target price on shares of Innovid in a research report on Thursday, March 16th.
Institutional Inflows and Outflows
Hedge funds have recently bought and sold shares of the stock. JPMorgan Chase & Co. bought a new position in shares of Innovid during the 1st quarter worth approximately $38,000. Bank of New York Mellon Corp bought a new position in shares of Innovid during the 1st quarter worth approximately $118,000. Bank of Montreal Can bought a new position in shares of Innovid during the 1st quarter worth approximately $72,000. Vanguard Group Inc. bought a new stake in Innovid in the 1st quarter valued at $4,253,000. Finally, Lazard Asset Management LLC bought a new stake in Innovid in the 1st quarter valued at $41,000. 52.36% of the stock is currently owned by institutional investors.
Innovid Company Profile
Innovid Corp. operates an independent software platform that provides ad serving and creative services. The company offers advertising services for the creation, delivery, and measurement of TV ads across connected TV, mobile TV, and desktop TV environments to advertisers, publishers, and media agencies.
- Get a free copy of the StockNews.com research report on Innovid (CTV)
- Big Lots Becomes A Stomach Churning Value Play
- The Melt-Up In Marvell Is On; But Don’t Chase It Higher
- Is Apple a Growth Stock or a Value Stock?
- Costco’s Earnings Call Reassure Economists, Recession Cancelled
- Hot Inflation, What It Means For The Summer Rally
Receive News & Ratings for Innovid Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Innovid and related companies with MarketBeat.com's FREE daily email newsletter.