Millennium TVP Management Co. LLC acquired a new position in Telaria Inc (NYSE:TLRA) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 368,034 shares of the software maker’s stock, valued at approximately $1,395,000. Telaria comprises about 1.7% of Millennium TVP Management Co. LLC’s holdings, making the stock its 5th biggest holding. Millennium TVP Management Co. LLC owned 0.70% of Telaria at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also bought and sold shares of TLRA. Dimensional Fund Advisors LP bought a new stake in Telaria during the 1st quarter worth approximately $2,014,000. Northern Trust Corp bought a new stake in Telaria during the 1st quarter worth approximately $243,000. Acadian Asset Management LLC bought a new stake in Telaria during the 2nd quarter worth approximately $1,703,000. Millennium Management LLC bought a new stake in Telaria during the 1st quarter worth approximately $2,026,000. Finally, California Public Employees Retirement System bought a new stake in Telaria during the 1st quarter worth approximately $226,000. 42.16% of the stock is currently owned by institutional investors.
In other news, major shareholder Vii Lp Canaan sold 252,020 shares of Telaria stock in a transaction that occurred on Wednesday, October 24th. The shares were sold at an average price of $2.72, for a total transaction of $685,494.40. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. In the last quarter, insiders have sold 892,922 shares of company stock worth $3,011,832. Company insiders own 3.40% of the company’s stock.
Several equities research analysts have recently issued reports on the stock. TheStreet cut shares of Telaria from a “c-” rating to a “d+” rating in a research report on Thursday, October 25th. B. Riley assumed coverage on shares of Telaria in a research report on Thursday, October 18th. They set a “buy” rating and a $4.00 price objective on the stock. Finally, Canaccord Genuity reduced their price objective on shares of Telaria from $8.00 to $6.00 and set a “buy” rating on the stock in a research report on Friday, October 5th. Four investment analysts have rated the stock with a buy rating, The company has a consensus rating of “Buy” and an average price target of $5.67.
Telaria stock opened at $3.05 on Tuesday. The company has a market cap of $163.95 million, a PE ratio of -7.82 and a beta of 1.73. Telaria Inc has a 1 year low of $2.19 and a 1 year high of $5.30.
WARNING: This story was first reported by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are reading this story on another domain, it was stolen and reposted in violation of United States & international copyright law. The original version of this story can be accessed at https://www.dispatchtribunal.com/2018/11/06/millennium-tvp-management-co-llc-acquires-shares-of-368034-telaria-inc-tlra.html.
Telaria, Inc, a software company, operates a programmatic, self-service, seller platform to monetize and manage premium video content across various Internet-connected screens and devices in the United States. Its platform enables publishers to optimize and automate their video advertising sales; and manage their inventory across sales channels, devices, and platforms.
Recommended Story: Stock Symbols, CUSIP and Other Stock Identifiers
Receive News & Ratings for Telaria Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Telaria and related companies with MarketBeat.com's FREE daily email newsletter.