Techtarget Inc (TTGT) Files Form 4 Insider Selling : Kevin Beam Sells 10,771 Shares

Techtarget Inc (TTGT): Kevin Beam , President of Techtarget Inc sold 10,771 shares on Jul 8, 2016. The Insider selling transaction was reported by the company on Sep 22, 2016 to the Securities and Exchange Commission. The shares were sold at $8.00 per share for a total value of $86,168.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Aug 25, 2016, Michael Cotoia (Chief Executive Officer) sold 21,836 shares at $8.00 per share price.On Jul 18, 2016, Roger M Marino (director) sold 308,713 shares at $7.75 per share price.Also, On Jul 8, 2016, Kevin Beam (President) sold 1,917 shares at $8.00 per share price.On Jun 15, 2016, Janice Kelliher (Chief Financial Officer) sold 36,000 shares at $8.19 per share price.

Shares of TechTarget Inc (TTGT) ended Tuesday, Sep 21, 2016 session in red amid volatile trading. The shares closed down -0.09 points or -1.09% at $8.17 with 44,463 shares getting traded. Post opening the session at $8.31, the shares hit an intraday low of $8.1 and an intraday high of $8.31 and the price vacillated in this range throughout the day. The company has a market cap of $222 M and the number of outstanding shares has been calculated to be 2,72,19,741 shares. The 52-week high of TechTarget Inc is $9.6 and the 52-week low is $5.98.

TechTarget Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.TechTarget Inc is Downgraded by Craig Hallum to Hold. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Aug 10, 2016.TechTarget Inc is Reiterated by Needham to Buy while Lowering the Price Target of the company shares to $ 10 from a previous price target of $12 . The Rating was issued on Aug 10, 2016.TechTarget Inc is Initiated by Sidoti to Buy and the brokerage firm has set the Price Target at $12. The Rating was issued on Jul 20, 2016.

TechTarget Inc. is a provider of online content and brand advertising that brings together buyers and sellers of corporate information technology (IT) products and services. The Company offers a number of data analytics solutions. The Company operates a network of over 150 Websites each of which focuses on a specific IT sector such as storage security or networking and for decision support information. The Company’s integrated content platform consists of a network of Websites. Based upon the logical clustering of users’ respective job responsibilities and the marketing focus of the products that the Company’s customers are advertising the Company’s marketing opportunities and audience extensions are addressed using nine distinct media groups such as Application Architecture and Development; Channel; CIO/IT Strategy; Data Center and Virtualization Technologies; Business Applications and Analytics; Networking; Security; Storage and TechnologyGuide.

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