Cambridge Investment Research Advisors Inc. acquired a new position in shares of comScore, Inc. (NASDAQ:SCOR) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 10,000 shares of the company’s stock, valued at approximately $50,000.
A number of other institutional investors also recently added to or reduced their stakes in the business. Healthcare of Ontario Pension Plan Trust Fund increased its stake in shares of comScore by 1,091.8% in the first quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 656,700 shares of the company’s stock valued at $2,404,000 after buying an additional 601,600 shares in the last quarter. Nisa Investment Advisors LLC increased its stake in shares of comScore by 83,900.0% in the second quarter. Nisa Investment Advisors LLC now owns 12,600 shares of the company’s stock valued at $63,000 after buying an additional 12,585 shares in the last quarter. Gabelli Funds LLC acquired a new stake in shares of comScore in the first quarter valued at $44,000. Russell Investments Group Ltd. increased its stake in shares of comScore by 725.8% in the second quarter. Russell Investments Group Ltd. now owns 890,124 shares of the company’s stock valued at $4,448,000 after buying an additional 782,338 shares in the last quarter. Finally, Geode Capital Management LLC increased its stake in shares of comScore by 9.4% in the first quarter. Geode Capital Management LLC now owns 1,039,590 shares of the company’s stock valued at $3,804,000 after buying an additional 89,336 shares in the last quarter. Hedge funds and other institutional investors own 67.90% of the company’s stock.
In other comScore news, Director Brent David Rosenthal acquired 15,000 shares of the business’s stock in a transaction dated Wednesday, August 11th. The shares were acquired at an average price of $3.25 per share, for a total transaction of $48,750.00. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Also, insider William Paul Livek acquired 20,000 shares of the business’s stock in a transaction dated Friday, August 27th. The shares were acquired at an average price of $3.98 per share, for a total transaction of $79,600.00. Following the acquisition, the insider now directly owns 1,064,533 shares in the company, valued at $4,236,841.34. The disclosure for this purchase can be found here. In the last 90 days, insiders have acquired 60,676 shares of company stock worth $215,755. Company insiders own 3.30% of the company’s stock.
comScore (NASDAQ:SCOR) last issued its earnings results on Monday, August 9th. The company reported ($0.28) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.18) by ($0.10). comScore had a negative return on equity of 34.08% and a negative net margin of 22.52%. The company had revenue of $87.66 million for the quarter, compared to the consensus estimate of $91.37 million. On average, analysts expect that comScore, Inc. will post -1.07 EPS for the current year.
A number of analysts have recently weighed in on the company. Needham & Company LLC lowered their target price on comScore from $6.00 to $4.50 and set a “buy” rating for the company in a research note on Tuesday, August 10th. Zacks Investment Research upgraded comScore from a “sell” rating to a “hold” rating in a research report on Tuesday. Finally, Craig Hallum initiated coverage on comScore in a research report on Monday, June 28th. They issued a “buy” rating and a $7.00 price objective for the company.
comScore, Inc engages in the provision of products and services to media, advertising, and marketing industries. The firm offers market and audience analytics, ad optimization, planning tools, and business facilitation services. The company was founded by Magid M. Abraham and Gian Mark Fulgoni in August 1999 and is headquartered in Reston, VA.
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