Taboola.com Ltd. (NASDAQ:TBLA) CTO Sells $112,805.46 in Stock

Taboola.com Ltd. (NASDAQ:TBLAGet Free Report) CTO Lior Golan sold 23,211 shares of Taboola.com stock in a transaction dated Friday, February 2nd. The stock was sold at an average price of $4.86, for a total value of $112,805.46. Following the completion of the transaction, the chief technology officer now owns 2,545,291 shares of the company’s stock, valued at approximately $12,370,114.26. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Lior Golan also recently made the following trade(s):

  • On Wednesday, January 31st, Lior Golan sold 21,927 shares of Taboola.com stock. The shares were sold at an average price of $4.88, for a total value of $107,003.76.
  • On Wednesday, January 3rd, Lior Golan sold 30,000 shares of Taboola.com stock. The shares were sold at an average price of $4.10, for a total value of $123,000.00.
  • On Tuesday, December 26th, Lior Golan sold 30,000 shares of Taboola.com stock. The shares were sold at an average price of $4.20, for a total value of $126,000.00.
  • On Friday, December 22nd, Lior Golan sold 30,000 shares of Taboola.com stock. The shares were sold at an average price of $4.07, for a total value of $122,100.00.
  • On Wednesday, December 20th, Lior Golan sold 21,369 shares of Taboola.com stock. The shares were sold at an average price of $3.93, for a total value of $83,980.17.
  • On Wednesday, November 29th, Lior Golan sold 3,798 shares of Taboola.com stock. The shares were sold at an average price of $3.88, for a total value of $14,736.24.
  • On Wednesday, November 8th, Lior Golan sold 30,000 shares of Taboola.com stock. The shares were sold at an average price of $4.04, for a total value of $121,200.00.

Taboola.com Stock Down 2.1 %

NASDAQ:TBLA traded down $0.10 during trading hours on Monday, reaching $4.76. The company’s stock had a trading volume of 725,694 shares, compared to its average volume of 1,056,678. The company has a market capitalization of $1.43 billion, a P/E ratio of -25.58 and a beta of 1.42. Taboola.com Ltd. has a 12 month low of $2.16 and a 12 month high of $5.00. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.28 and a current ratio of 1.28. The stock has a 50 day moving average price of $4.09 and a two-hundred day moving average price of $3.80.

Taboola.com (NASDAQ:TBLAGet Free Report) last issued its quarterly earnings data on Wednesday, November 8th. The company reported ($0.02) EPS for the quarter, topping analysts’ consensus estimates of ($0.10) by $0.08. The company had revenue of $360.22 million during the quarter, compared to the consensus estimate of $347.63 million. Taboola.com had a negative net margin of 5.07% and a negative return on equity of 1.11%. Equities analysts predict that Taboola.com Ltd. will post -0.06 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. TheStreet raised shares of Taboola.com from a “d+” rating to a “c-” rating in a research note on Friday, January 19th. Needham & Company LLC reaffirmed a “buy” rating and set a $5.00 price target on shares of Taboola.com in a research note on Monday, January 8th. B. Riley lifted their price target on shares of Taboola.com from $5.00 to $6.00 and gave the company a “buy” rating in a research note on Thursday, December 21st. Finally, Benchmark reaffirmed a “buy” rating and set a $6.00 price target on shares of Taboola.com in a research note on Tuesday, December 19th. One analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $5.21.

Check Out Our Latest Analysis on Taboola.com

Hedge Funds Weigh In On Taboola.com

A number of large investors have recently made changes to their positions in the business. Wellington Management Group LLP increased its position in shares of Taboola.com by 0.7% during the third quarter. Wellington Management Group LLP now owns 12,908,230 shares of the company’s stock worth $48,922,000 after purchasing an additional 85,371 shares in the last quarter. Cannell Capital LLC grew its holdings in shares of Taboola.com by 46.7% during the first quarter. Cannell Capital LLC now owns 4,982,409 shares of the company’s stock valued at $25,709,000 after buying an additional 1,587,157 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. grew its holdings in shares of Taboola.com by 20.9% during the fourth quarter. Migdal Insurance & Financial Holdings Ltd. now owns 4,043,235 shares of the company’s stock valued at $17,507,000 after buying an additional 700,000 shares during the last quarter. BlackRock Inc. grew its holdings in shares of Taboola.com by 1.5% during the first quarter. BlackRock Inc. now owns 2,292,425 shares of the company’s stock valued at $6,235,000 after buying an additional 33,002 shares during the last quarter. Finally, Bamco Inc. NY grew its holdings in shares of Taboola.com by 5.0% during the fourth quarter. Bamco Inc. NY now owns 2,286,727 shares of the company’s stock valued at $7,043,000 after buying an additional 108,485 shares during the last quarter. 30.30% of the stock is owned by institutional investors and hedge funds.

Taboola.com Company Profile

(Get Free Report)

Taboola.com Ltd., together with its subsidiaries, operates an artificial intelligence-based algorithmic engine platform in the United States, Israel, the United Kingdom, Germany, and internationally. It offers Taboola, a platform that partners with websites, devices, and mobile apps to recommend editorial content and advertisements on the open web to users.

Further Reading

Insider Buying and Selling by Quarter for Taboola.com (NASDAQ:TBLA)

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