comScore (NASDAQ:SCOR) Upgraded at StockNews.com

StockNews.com upgraded shares of comScore (NASDAQ:SCOR – Get Rating) from a hold rating to a buy rating in a research report released on Monday morning.

Separately, Needham & Company LLC reissued a buy rating and issued a $2.50 price target on shares of comScore in a research note on Wednesday, March 1st.

comScore Stock Performance

SCOR opened at $1.22 on Monday. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.11. The company has a market cap of $112.47 million, a price-to-earnings ratio of -1.39 and a beta of 1.14. comScore has a 52-week low of $1.00 and a 52-week high of $3.07. The firm’s fifty day simple moving average is $1.24 and its two-hundred day simple moving average is $1.45.

Insider Transactions at comScore

In other comScore news, Director William Paul Livek purchased 150,000 shares of the firm’s stock in a transaction dated Monday, December 12th. The shares were purchased at an average cost of $1.30 per share, with a total value of $195,000.00. Following the completion of the purchase, the director now owns 3,107,713 shares in the company, valued at approximately $4,040,026.90. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Over the last three months, insiders have acquired 250,000 shares of company stock valued at $312,500. Corporate insiders own 4.60% of the company’s stock.

Hedge Funds Weigh In On comScore

A number of institutional investors have recently bought and sold shares of the company. Millennium Management LLC raised its stake in comScore by 203.9% during the fourth quarter. Millennium Management LLC now owns 1,441,587 shares of the company’s stock worth $1,672,000 after purchasing an additional 967,182 shares during the period. Boothbay Fund Management LLC raised its stake in comScore by 69.3% during the fourth quarter. Boothbay Fund Management LLC now owns 66,918 shares of the company’s stock worth $78,000 after purchasing an additional 27,397 shares during the period. Jefferies Financial Group Inc. purchased a new position in comScore during the fourth quarter worth about $244,000. Susquehanna International Group LLP purchased a new position in comScore during the fourth quarter worth about $212,000. Finally, Marshall Wace LLP acquired a new stake in shares of comScore during the fourth quarter valued at about $69,000. 55.71% of the stock is owned by hedge funds and other institutional investors.

comScore Company Profile

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comScore, Inc engages in the provision of products and services to media, advertising, and marketing industries. The firm offers market and audience analytics, ad optimization, planning tools, and business facilitation services. The company was founded by Magid M. Abraham and Gian Mark Fulgoni in August 1999 and is headquartered in Reston, VA.