The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Techtarget Inc shares valued at $1,054,379 were purchased by Griffey Michael Sean on Dec 03 ’24. At $24.96 per share, Griffey Michael Sean acquired 42,239 shares. The insider’s holdings grew to 42,239 shares worth approximately $0.79 million following the completion of this transaction.
Also, Griffey Michael Sean purchased 22,500 shares, netting a total of over 556,150 in proceeds. Following the buying of shares at $24.72 each, the insider now holds 95,533 shares.
Before that, Griffey Michael Sean had added 16,500 shares to its account. In a trade valued at $425,550, the Director bought Techtarget Inc shares for $25.79 each. Upon closing the transaction, the insider’s holdings increased to 16,500 shares, worth approximately $1.37 million.
As published in a research note from Craig Hallum on October 15, 2024, Techtarget Inc [TTGT] has been rated up from a Hold to a Buy and the price target has been revised to $36 from $34. Analysts at UBS upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in late January. Earlier on September 25, 2023, UBS initiated its rating. Their recommendation was “a Neutral” for TTGT stock.
Analyzing TTGT Stock Performance
During the last five days, there has been a drop of approximately -5.45%. Over the course of the year, Techtarget Inc shares have dropped approximately -5.45%. Nevertheless, trading volume fell to 0.2 million shares from 0.18 million shares the previous day.
Support And Resistance Levels for Techtarget Inc (TTGT)
According to the 24-hour chart, there is a support level at 18.25, which, if violated, would cause prices to drop to 17.77. In the upper region, resistance lies at 19.44. The next price resistance is at 20.15. RSI (Relative Strength Index) is 32.40 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.47, which suggests the price will decrease in the coming days. Percent R is at 85.09%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
