Teton Advisors Inc. Has $145,000 Stake in AdTheorent Holding Company, Inc. (NASDAQ:ADTH)

Teton Advisors Inc. boosted its holdings in AdTheorent Holding Company, Inc. (NASDAQ:ADTH) by 17.6% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 100,000 shares of the company’s stock after purchasing an additional 15,000 shares during the quarter. Teton Advisors Inc.’s holdings in AdTheorent were worth $145,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of ADTH. Raymond James & Associates raised its stake in AdTheorent by 13.3% in the 3rd quarter. Raymond James & Associates now owns 127,000 shares of the company’s stock worth $164,000 after purchasing an additional 14,876 shares in the last quarter. Bailard Inc. acquired a new stake in AdTheorent in the 3rd quarter worth about $84,000. Miramar Capital LLC acquired a new position in shares of AdTheorent in the 3rd quarter valued at approximately $215,000. Finally, Acadian Asset Management LLC raised its position in shares of AdTheorent by 147.3% in the 3rd quarter. Acadian Asset Management LLC now owns 256,528 shares of the company’s stock valued at $330,000 after buying an additional 152,788 shares in the last quarter. Institutional investors and hedge funds own 37.66% of the company’s stock.

AdTheorent Stock Performance

Shares of AdTheorent stock traded up $0.01 during midday trading on Thursday, hitting $3.24. 562,980 shares of the company traded hands, compared to its average volume of 729,781. The stock has a market cap of $294.52 million, a price-to-earnings ratio of -324.00 and a beta of 1.21. The firm’s fifty day moving average price is $3.17 and its 200-day moving average price is $2.24. AdTheorent Holding Company, Inc. has a 12 month low of $1.11 and a 12 month high of $3.98.

AdTheorent (NASDAQ:ADTH) last announced its quarterly earnings results on Tuesday, March 12th. The company reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by ($0.06). The company had revenue of $59.66 million for the quarter, compared to the consensus estimate of $56.20 million. Equities research analysts forecast that AdTheorent Holding Company, Inc. will post 0.06 earnings per share for the current year.

Analysts Set New Price Targets

Several brokerages have recently commented on ADTH. Benchmark boosted their target price on shares of AdTheorent from $6.00 to $7.00 and gave the company a “buy” rating in a research report on Wednesday, March 13th. JMP Securities restated a “market perform” rating on shares of AdTheorent in a research report on Monday, April 1st. Noble Financial restated a “market perform” rating on shares of AdTheorent in a research report on Tuesday, April 2nd. Finally, Needham & Company LLC boosted their target price on shares of AdTheorent from $3.00 to $3.75 and gave the company a “buy” rating in a research report on Wednesday, March 13th.

About AdTheorent

AdTheorent Holding Company, Inc, a digital media platform, provides programmatic digital advertising services for advertising agency and brand customers in the United States, Canada, and internationally. It uses machine learning and advanced data science to organize, analyze, and operationalize non-sensitive data to deliver real-world value for customers.