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TTGT $19.55

TTGT target price
19.55
0
0
TechTarget
Type
Public
Traded as NASDAQ: TTGT
Industry Marketing
Founded 1999
Headquarters Newton, Massachusetts
Products digital marketing
Website www.techtarget.com

TechTarget offers data-driven marketing services to business-to-business technology vendors. It uses purchase intent data gleaned from the readership of its 140 + technology focused web sites to help tech vendors reach buyers actively researching relevant IT products and services.

TechTarget, Inc. was founded in 1999 and is headquartered in Newton, Massachusetts with offices in Atlanta, Beijing, London, Munich, Paris, San Francisco, Singapore and Sydney.

TechTarget was founded in 1999 by Greg Strakosch and Don Hawk as a spin-off of United Communications Group (UCG). In 2001, the company was recognized by B2B Magazine on the Media Power 50 list. And in 2005, AdAge named CEO Greg Strakosch a Top 25 Newsmaker In 2006, TechTarget named Michael Cotoia as CEO and board member, and elected Greg Stakosch as executive chairman. The company had its initial public offering in May 2007, listing on the NASDAQ exchange with symbol TTGT. Its current board of directors includes EMC Corporation founder Roger Marino, Atlanta Hawks co-owner Bruce Levenson, former CFO of the New York Times Co. Leonard P. Forman, Robert D. Burke, CEO Michael Cotoia and executive chairman Greg Strakosch.

Since launch, the company has made several acquisitions aimed at building its technology content reach: In 2003, TechTarget acquired Information Security Magazine. In 2004, the company acquired publications including: Bitpipe.com, TheServerSide.com and TheServerSide.net. In 2007 (the year the company went public), TechTarget acquired KnowledgeStorm for $58 million. In 2008, TechTarget acquired BrianMadden.com and BriForum. The company acquired LeMagIT and opened local operations in France. In 2011, it made a significant acquisition of Uk-based Computer Weekly, which had been published as a weekly print magazine by Reed Business Information for more than 45 years.

The company launched its current purchase intent data services (IT Deal Alert) for technology vendors in 2014 and has since added to the portfolio with a product called Priority Engine. The product is reported to be used by technology leaders like McAfee for account-based marketing.


Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q3 2022 2022-11-01 Future report Set alerts
Q2 2022 2022-08-04 0.00 0.00
Q1 2022 2022-05-10 0.00 0.00
Q4 2021 2022-02-10 0.66 0.66
Q3 2021 2021-11-03 0.60 0.60
Q2 2021 2021-08-04 0.51 0.51
Q1 2021 2021-05-05 0.44 0.44
Q4 2020 2021-02-10 0.46 0.46
Q3 2020 2020-11-04 0.00 0.00
Q2 2020 2020-08-05 0.28 0.17

Ratings

2016-07-11 Reiterated Rating Jefferies Group Buy
2016-06-27 Reiterated Rating Needham & Company LLC Buy
2016-06-27 Reiterated Rating Jefferies Group Buy $10.00
2016-02-11 Reiterated Rating Jefferies Buy $13.00 to $10.00
2016-02-11 Reiterated Rating Jefferies Group Buy $13.00 to $10.00
2016-02-11 Reiterated Rating Needham & Company LLC Buy $14.00 to $12.00
2015-05-10 Reiterated Rating Craig Hallum Buy $13.50 to $12.50
2015-03-10 Initiated Coverage Stephens Overweight $15.00
2015-02-12 Boost Price Target Needham & Company LLC Buy $13.00 to $14.00
2014-12-22 Initiated Coverage Lake Street Capital Buy
2014-12-03 Reiterated Rating Needham & Company LLC Positive to Buy
2014-08-06 Boost Price Target Needham & Company LLC $11.00 to $12.00
2014-07-07 Initiated Coverage Craig Hallum Buy $12.50
2014-07-01 Initiated Coverage Needham & Company LLC Buy $11.00
2014-07-01 Initiated Coverage Jefferies Group Buy $12.00
2013-11-11 Boost Price Target Benchmark Co. Buy $5.50 to $6.00
2011-09-08 Initiated The Benchmark Company Buy $8
2011-04-19 Initiated Canaccord Genuity Buy $10
2011-02-18 Upgrade Caris & Company Average to Buy $9
2010-11-09 Downgrade Caris & Company Buy to Average $8 to $6
2010-06-29 Initiated Caris & Company Buy $8
2010-05-18 Reiterated Barclays Capital Equal Weight $5 to $7
2009-02-24 Upgrade Collins Stewart Sell to Hold
2009-02-13 Downgrade Collins Stewart Hold to Sell
2008-11-19 Upgrade Needham Underperform to Hold
2008-11-07 Downgrade Needham Buy to Underperform
2008-08-14 Reiterated RBC Capital Mkts Outperform $9 to $10
2008-07-24 Reiterated Lazard Capital Buy $16 to $12
2008-04-16 Downgrade Cowen & Co Outperform to Neutral
2016-07-11 Reiterated Rating Jefferies Group Buy
2016-06-27 Reiterated Rating Needham & Company LLC Buy
2016-06-27 Reiterated Rating Jefferies Group Buy $10.00
2016-02-11 Reiterated Rating Jefferies Buy $13.00 to $10.00
2016-02-11 Reiterated Rating Jefferies Group Buy $13.00 to $10.00

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
Nine Ten Capital Management LLC 8.53%  (2819394) TTGT / WINA /
Nine Ten Partners LP 8.29%  (2738363) TTGT /
Roger M. Marino 2010 Revocable Trust 7.50%  (2478417) TTGT /
MARINO ROGER M 7.32%  (2418417) TTGT /
Levenson Bruce 2.73%  (901182) TTGT /
Strakosch Greg Chief Executive Officer 2.48%  (820521) TTGT /
Beam Kevin President 1.22%  (401808) TTGT /
Hawk Don Executive Director 0.55%  (181407) TTGT /
FORMAN LEONARD P 0.52%  (171995) TTGT /
BURKE ROBERT D 0.33%  (109085) EXA / TTGT /
Cotoia Michael Chief Operating Officer 0.30%  (100700) TTGT /
Kelliher Janice Chief Financial Officer 0.10%  (32720) TTGT /
Noreck Daniel T Chief Financial Officer 0.02%  (6056) PWX / TTGT /