Millennium TVP Management Co. LLC Acquires Shares of 368,034 Telaria Inc (TLRA)

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.

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Telaria Profile

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.

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Institutional Ownership by Quarter for Telaria (NYSE:TLRA)

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