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Innovid (CTV) News Today

$2.20
+0.13 (+6.28%)
(As of 02:26 PM ET)
Insider Selling: Innovid Corp. (NYSE:CTV) Major Shareholder Sells 8,000,000 Shares of Stock
Innovid Corp. (NYSE:CTV - Get Free Report) major shareholder Sequoia Capital Israel Iv Hold sold 8,000,000 shares of the company's stock in a transaction on Wednesday, May 22nd. The shares were sold at an average price of $2.10, for a total transaction of $16,800,000.00. Following the completion of the transaction, the insider now owns 9,697,224 shares of the company's stock, valued at approximately $20,364,170.40. The sale was disclosed in a filing with the SEC, which is available at this link. Major shareholders that own at least 10% of a company's stock are required to disclose their sales and purchases with the SEC.
Zvika Netter Buys 20,000 Shares of Innovid Corp. (NYSE:CTV) Stock
Innovid Corp. (NYSE:CTV - Get Free Report) CEO Zvika Netter bought 20,000 shares of the firm's stock in a transaction dated Tuesday, May 21st. The shares were acquired at an average price of $2.07 per share, with a total value of $41,400.00. Following the completion of the transaction, the chief executive officer now owns 4,960,733 shares of the company's stock, valued at approximately $10,268,717.31. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Innovid (NYSE:CTV) Given Buy Rating at Needham & Company LLC
Innovid (NYSE:CTV) Rating Reiterated by Needham & Company LLC
Needham & Company LLC reaffirmed a "buy" rating and issued a $3.00 price objective on shares of Innovid in a research note on Monday.
Innovid (NYSE:CTV) Announces Quarterly Earnings Results, Misses Estimates By $0.02 EPS
Innovid (NYSE:CTV - Get Free Report) announced its earnings results on Tuesday. The company reported ($0.04) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.02) by ($0.02). Innovid had a negative net margin of 22.81% and a negative return on equity of 8.92%. The firm had revenue of $36.74 million during the quarter, compared to analyst estimates of $35.99 million. During the same period last year, the company earned ($0.06) earnings per share.
Expert Ratings For Innovid
Q1 2024 Innovid Corp Earnings Call
Innovid Corp. Q1 Loss decreases, but misses estimates
Innovid Reports Q1 2024 Financial Results
Innovid Corp. (NYSE:CTV) Sees Large Increase in Short Interest
Innovid Corp. (NYSE:CTV - Get Free Report) was the recipient of a significant growth in short interest in the month of April. As of April 15th, there was short interest totalling 355,900 shares, a growth of 5.0% from the March 31st total of 338,800 shares. Based on an average trading volume of 299,600 shares, the short-interest ratio is presently 1.2 days. Currently, 0.4% of the company's stock are sold short.
Innovid (CTV) to Release Quarterly Earnings on Tuesday
Innovid (NYSE:CTV) will be releasing earnings before the market opens on Tuesday, May 7, Zacks reports. (Register for Conference Call at http://mmm.wallstreethorizon.com/u.asp?u=585312)
Innovid Corp.'s (NYSE:CTV) Path To Profitability
Innovid Corp. (NYSE:CTV) Short Interest Up 14.1% in March
Innovid Corp. (NYSE:CTV - Get Free Report) saw a significant increase in short interest in the month of March. As of March 31st, there was short interest totalling 338,800 shares, an increase of 14.1% from the March 15th total of 296,900 shares. Approximately 0.4% of the shares of the company are sold short. Based on an average daily volume of 291,700 shares, the short-interest ratio is presently 1.2 days.
Innovid (NYSE:CTV) Price Target Increased to $2.10 by Analysts at Morgan Stanley
Morgan Stanley upped their price target on Innovid from $1.60 to $2.10 and gave the stock an "equal weight" rating in a research note on Tuesday.
Innovid (NYSE:CTV) Rating Reiterated by JMP Securities
JMP Securities reiterated a "market outperform" rating and set a $3.00 price target on shares of Innovid in a research note on Wednesday.
Short Interest in Innovid Corp. (NYSE:CTV) Drops By 35.2%
Innovid Corp. (NYSE:CTV - Get Free Report) was the target of a significant decline in short interest in February. As of February 29th, there was short interest totalling 551,700 shares, a decline of 35.2% from the February 14th total of 851,500 shares. Approximately 0.6% of the company's stock are sold short. Based on an average daily volume of 245,500 shares, the days-to-cover ratio is currently 2.2 days.
Innovid Corp. (CTV)
Insider Buying: Innovid Corp. (NYSE:CTV) CFO Acquires 11,000 Shares of Stock
Innovid Corp. (NYSE:CTV - Get Free Report) CFO Anthony Callini bought 11,000 shares of the stock in a transaction on Thursday, February 29th. The shares were acquired at an average price of $1.82 per share, with a total value of $20,020.00. Following the purchase, the chief financial officer now owns 499,000 shares of the company's stock, valued at $908,180. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Innovid Corp. (CTV) Q4 2023 Earnings Call Transcript
Innovid (NYSE:CTV) Issues Earnings Results, Meets Estimates
Innovid (NYSE:CTV - Get Free Report) announced its quarterly earnings results on Tuesday. The company reported ($0.01) earnings per share for the quarter, hitting analysts' consensus estimates of ($0.01). Innovid had a negative net margin of 24.96% and a negative return on equity of 9.70%. The company had revenue of $38.62 million for the quarter, compared to analysts' expectations of $36.90 million. During the same period last year, the firm posted ($0.03) earnings per share.
Innovid Corp. (NYSE:CTV) Q4 2023 Earnings Call Transcript
Innovid to Participate in Upcoming Investor Conferences
Innovid to Participate in Upcoming Investor Conferences
Innovid’s Strong Financials and Market Positioning Garner Buy Rating
Innovid Corp. Q4 loss drops in line with estimates
Innovid Clears Breakeven on Quarterly Results
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This page (NYSE:CTV) was last updated on 5/28/2024 by MarketBeat.com Staff

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