Techtarget Inc’s recent filing unveils that its Chief FInancial Officer Noreck Daniel T unloaded Company’s shares for reported $67360.0 on Sep 04 ’24. In the deal valued at $26.21 per share,2,570 shares were sold. As a result of this transaction, Noreck Daniel T now holds 43,153 shares worth roughly $0.8 million.
Then, Daniel Noreck bought 2,570 shares, generating $66,871 in total proceeds.
Before that, Niemiec Steven sold 7,298 shares. Techtarget Inc shares valued at $195,586 were divested by the Chief Operating Officer & CRO at a price of $26.80 per share. As a result of the transaction, Niemiec Steven now holds 54,798 shares, worth roughly $1.01 million.
Craig Hallum upgraded its Techtarget Inc [TTGT] rating to a Buy from a a Hold in a research note published on October 15, 2024; the price target was increased to $36 from $34. A number of analysts have revised their coverage, including UBS’s analysts, who increased its forecast for the stock in late January from “a Neutral” to “a Buy”. UBS started covering the stock on September 25, 2023. It rated TTGT as “a Neutral”.
Price Performance Review of TTGT
On Tuesday, Techtarget Inc [NASDAQ:TTGT] saw its stock fall -4.15% to $18.46. Over the last five days, the stock has lost -7.37%. Techtarget Inc shares have fallen nearly -46.24% since the year began. Nevertheless, the stocks have fallen -46.61% over the past one year.
Levels Of Support And Resistance For TTGT Stock
The 24-hour chart illustrates a support level at 18.14, which if violated will result in even more drops to 17.81. On the upside, there is a resistance level at 18.95. A further resistance level may holdings at 19.43. The Relative Strength Index (RSI) on the 14-day chart is 25.63, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.50, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 98.42%. Stochastics %K at 1.22% indicates the stock is a buying.
How much short interest is there in Techtarget Inc?
A steep rise in short interest was recorded in Techtarget Inc stocks on 2024-11-15, dropping by 70721.0 shares to a total of 0.79 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 0.86 million shares. There was a decline of -8.97%, which implies that there is a negative sentiment for the stock.
