Techtarget Inc’s filing revealed that its Director Griffey Michael Sean acquired Company’s shares for reported $1.05 million on Dec 03 ’24. In the deal valued at $24.96 per share,42,239 shares were bought. As a result of this transaction, Griffey Michael Sean now holds 42,239 shares worth roughly $0.38 million.
Then, Griffey Michael Sean bought 22,500 shares, generating $556,150 in total proceeds. Upon buying the shares at $24.72, the Director now owns 95,533 shares.
Before that, Griffey Michael Sean bought 16,500 shares. Techtarget Inc shares valued at $425,550 were divested by the Director at a price of $25.79 per share. As a result of the transaction, Griffey Michael Sean now holds 73,033 shares, worth roughly $0.66 million.
Needham reiterated its Techtarget Inc [TTGT] rating to a Buy in a research note published on March 31, 2025; the price target was $25. A number of analysts have revised their coverage, including Raymond James’s analysts, who decreased its forecast for the stock in mid February from “an Outperform” to “a Mkt perform”. Craig Hallum revised its rating on October 15, 2024. It rated TTGT as “a Buy” which previously was an “a Hold”.
Price Performance Review of TTGT
On Monday, Techtarget Inc [NASDAQ:TTGT] saw its stock fall -2.06% to $9.04. Over the last five days, the stock has lost -38.96%. Techtarget Inc shares have fallen nearly -54.39% since the year began.
Levels Of Support And Resistance For TTGT Stock
The 24-hour chart illustrates a support level at 8.16, which if violated will result in even more drops to 7.28. On the upside, there is a resistance level at 9.92. A further resistance level may holdings at 10.80. The Relative Strength Index (RSI) on the 14-day chart is 23.36, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -4.02, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 88.09%. Stochastics %K at 6.79% 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 2025-03-14, growing by 0.27 million shares to a total of 0.86 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 0.59 million shares. There was a rise of 31.33%, which implies that there is a positive sentiment for the stock.
