AdTheorent Holding Company, Inc. (NASDAQ:ADTH – Get Rating) traded up 4.8% on Tuesday . The company traded as high as $1.56 and last traded at $1.54. 151,226 shares traded hands during trading, an increase of 36% from the average session volume of 110,909 shares. The stock had previously closed at $1.47.
Wall Street Analyst Weigh In
A number of equities research analysts have weighed in on the company. JMP Securities reaffirmed a “market outperform” rating and set a $3.00 target price on shares of AdTheorent in a research report on Thursday, March 16th. Needham & Company LLC reiterated a “buy” rating and issued a $3.00 price target on shares of AdTheorent in a report on Friday, March 3rd. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, AdTheorent presently has a consensus rating of “Hold” and an average target price of $3.57.
AdTheorent Stock Performance
The stock has a fifty day moving average price of $1.52 and a 200-day moving average price of $1.66. The firm has a market capitalization of $135.23 million, a PE ratio of 2.20 and a beta of 1.05.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently added to or reduced their stakes in ADTH. SG Americas Securities LLC purchased a new position in AdTheorent during the 1st quarter worth $26,000. Royal Bank of Canada grew its stake in AdTheorent by 2,647.0% during the 1st quarter. Royal Bank of Canada now owns 2,747 shares of the company’s stock valued at $27,000 after purchasing an additional 2,647 shares during the last quarter. BNP Paribas Arbitrage SNC purchased a new stake in AdTheorent during the 3rd quarter valued at about $28,000. Legal & General Group Plc purchased a new stake in AdTheorent during the 2nd quarter valued at about $28,000. Finally, HRT Financial LP purchased a new stake in AdTheorent during the 4th quarter valued at about $30,000. 14.53% of the stock is currently owned by hedge funds and other institutional investors.
AdTheorent Holding Company, Inc, a digital media platform, provides machine learning platform for advertisers and marketers in the United States and Canada. The company offers predictive targeting, geo-intelligence, and cross-environment map solutions, as well as Studio A\T. It serves pharmaceutical/healthcare, dining, retail, and travel and hospitality, as well as banking, financial services and insurance industries.
- Get a free copy of the StockNews.com research report on AdTheorent (ADTH)
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