Trigran Investments INC Decreased Techtarget INC (TTGT) Stake by $17.38 Million as Shares Rose

June 27, 2018 - By Estela Ashley

TechTarget, Inc. (NASDAQ:TTGT) Corporate LogoDuring Q1 2018 the big money sentiment increased to 1.68. That’s change of 0.16, from 2017Q4’s 1.52. 8 investors sold all, 23 reduced holdings as TTGT ratio increased. 25 rose holdings while 27 funds amassed holdings. Funds hold 12.59 million shares thus 1.76% more from 2017Q4’s 12.38 million shares. Millennium Management Ltd Liability reported 0% in TechTarget, Inc. (NASDAQ:TTGT). Jpmorgan Chase & Company holds 0% or 3,949 shs in its capital. Strs Ohio accumulated 38,400 shs or 0% of the stock. Mark Sheptoff Planning Ltd Liability Com reported 1,300 shs stake. Hcsf Mgmt Lc accumulated 836,359 shs or 11.76% of the stock. Meeder Asset Mgmt stated it has 0% of its capital in TechTarget, Inc. (NASDAQ:TTGT). California-based Eam Investors Llc has invested 0.37% in TechTarget, Inc. (NASDAQ:TTGT). First Quadrant Limited Partnership Ca stated it has 4,156 shs or 0% of all its holdings. Legal And General Group Incorporated Public Limited Company holds 3,307 shs. 749,205 were accumulated by Next Century Growth Investors Lc. Bnp Paribas Arbitrage Sa has invested 0% in TechTarget, Inc. (NASDAQ:TTGT). Invesco Limited accumulated 0% or 32,783 shs. Moreover, Ellington Grp Inc Lc has 0.02% invested in TechTarget, Inc. (NASDAQ:TTGT) for 17,000 shs. Rhumbline Advisers owns 18,690 shs. Martingale Asset Mgmt LP holds 0.02% or 63,909 shs in its capital.

TTGT registered $19.72 million net activity with 0 insider purchases and 33 insider sales since January 2, 2018. Noreck Daniel T sold 2,000 shs worth $38,840. Another trade for 25,000 shs valued at $484,500 was made by Cotoia Michael on Monday, April 9. On Monday, May 21 Strakosch Greg sold $610,500 worth of TechTarget, Inc. (NASDAQ:TTGT) or 25,000 shs. Nine Ten Partners LP sold $187,691 worth of stock or 12,340 shs. $408,000 worth of TechTarget, Inc. (NASDAQ:TTGT) was sold by Hawk Don. FORMAN LEONARD P sold $1.51M worth of TechTarget, Inc. (NASDAQ:TTGT) or 63,862 shs on Tuesday, May 15.

Douglas T. Granat decreased its holdings by 38.31% in Techtarget Inc (TTGT), according to 2018Q1 Securities and Exchange filling. By selling 914,527 shares Trigran Investments Inc made the stock popped up with 45.89%. At the end of 2018Q1, the 1.47M shares of the miscellaneous company held by the hedge fund run by Douglas T. Granat were valued at $29.27 million, down from 2.39M at the end of the previous reported quarter. For a total of 1.45 million shares it increased its holding in Hackett Group Inc (NASDAQ:HCKT) by 288,104 shares in the quarter, and has risen its stake in Farmer Bros Co (NASDAQ:FARM).

Investors expect TechTarget, Inc. (NASDAQ:TTGT)’s quarterly earnings on August, 8., as reported by RTT. Analysts expect change of 140.00 % or $0.07 from previous year’s $0.05 earnings per share compared to current’s $0.12 earnings per share. The profit will be $3.30M for TTGT if $0.12 earnings per share becomes true. Last quarter $0.07 earnings per share was reported. Analysts forecasts 71.43 % EPS growth this quarter.

Another two news for TechTarget, Inc. (NASDAQ:TTGT) were recently announced by: Globenewswire.com on June 06, 2018 with title “Investor Expectations to Drive Momentum within Mesoblast, Access National, Urogen Pharma, TechTarget, Sina, and …”. The other Seekingalpha.com‘s article was titled “TechTarget’s New Multiples Likely Will Depend On Its Old Business” and announced on June 18, 2018.

TechTarget, Inc. (NASDAQ:TTGT) Ratings Coverage

Total analysts of 4 have positions in TechTarget (NASDAQ:TTGT) as follows: 3 rated it a “Buy”, 0 with “Sell” and 1 with “Hold”. The positive are 75%. Since January 12, 2018 according to StockzIntelligence Inc TechTarget has 4 analyst reports. On Thursday, May 10 the firm has “Buy” rating given by Craig Hallum. The company rating was maintained by Jefferies on Wednesday, February 7. On Friday, January 12 the stock has “Buy” rating by Needham.

TechTarget, Inc. (NASDAQ:TTGT) Institutional Investors Chart

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