Bank of America Corp DE Reduces Stock Holdings in Taboola.com Ltd. $TBLA

Key Points

• Bank of America reduced its Taboola stake by 48.6% in the first quarter, selling 685,475 shares and retaining 725,168 shares worth approximately $2.25 million. Institutional investors collectively own 42.89% of Taboola.
• Taboola shares opened at $3.73, below their 50-day moving average of $4.64. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $5.75.
• Taboola faces potential securities-class-action litigation over alleged misleading statements about growth, publisher-relationship valuations and advertiser performance, as well as a subsequent $91 million reduction to its 2026 revenue outlook. The allegations have not been proven.

Bank of America Corp DE lessened its stake in Taboola.com Ltd. (NASDAQ:TBLA - Free Report) by 48.6% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 725,168 shares of the company's stock after selling 685,475 shares during the period. Bank of America Corp DE owned about 0.30% of Taboola.com worth $2,248,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Abacus Wealth Partners LLC purchased a new position in shares of Taboola.com in the 4th quarter valued at about $48,000. Headlands Technologies LLC acquired a new stake in shares of Taboola.com in the second quarter worth approximately $43,000. DGS Capital Management LLC purchased a new stake in shares of Taboola.com during the fourth quarter worth $55,000. Quarry LP purchased a new position in Taboola.com in the 3rd quarter worth approximately $42,000. Finally, Captrust Financial Advisors purchased a new stake in Taboola.com in the 2nd quarter valued at $46,000. Institutional investors and hedge funds own 42.89% of the company's stock.

Taboola.com Price Performance

Shares of NASDAQ TBLA opened at $3.73 on Wednesday. The business has a 50-day moving average price of $4.64 and a 200 day moving average price of $4.17. The stock has a market cap of $940.41 million, a PE ratio of 9.32 and a beta of 1.48. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.08. Taboola.com Ltd. has a 52-week low of $2.84 and a 52-week high of $5.71.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. Rosenblatt Securities reaffirmed a "buy" rating and set a $7.00 price target on shares of Taboola.com in a research report on Thursday, August 6th. Needham & Company LLC upped their price objective on Taboola.com from $4.50 to $5.50 and gave the stock a "buy" rating in a research report on Thursday, May 7th. TD Cowen dropped their price objective on shares of Taboola.com from $6.00 to $5.00 and set a "buy" rating on the stock in a research report on Monday, August 10th. Benchmark cut their target price on Taboola.com from $6.50 to $5.50 and set a "buy" rating on the stock in a research report on Thursday, August 6th. Finally, Wall Street Zen downgraded Taboola.com from a "strong-buy" rating to a "hold" rating in a report on Saturday, August 8th. Four research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $5.75.

Taboola.com News Roundup

Here are the key news stories impacting Taboola.com this week:

• Negative Sentiment: The lawsuits allege that Taboola made misleading statements about growth, publisher-relationship valuations and “advertiser success.” One notice says the company characterized the year as starting strongly in May, then reduced its 2026 revenue outlook by $91 million roughly three months later. The allegations have not been proven. TBLA DEADLINE: SueWallSt Reminds Taboola.com Ltd. Investors of Upcoming Securities Class Action Deadline
• Negative Sentiment: Several firms, including Pomerantz, Glancy Prongay Wolke & Rotter, Kaplan Fox, Bronstein Gewirtz & Grossman, SBS Law, Berger Montague and Faruqi & Faruqi, publicized the litigation on September 1. The repeated announcements increase visibility of potential legal exposure and may pressure investor confidence. Pomerantz Taboola Investor Alert
• Negative Sentiment: The litigation introduces potential costs, management distraction and uncertainty regarding Taboola’s prior disclosures and revised outlook. Investors should distinguish the law-firm solicitations from a court finding of wrongdoing; the notices primarily encourage affected shareholders to contact counsel. Kaplan Fox Taboola Class Action Deadline

About Taboola.com

Taboola.com NASDAQ: TBLA operates a leading content discovery platform that connects advertisers with premium publishers through native advertising and personalized recommendations. The company’s technology analyzes user behavior and contextual information to deliver promoted content, video, and product recommendations to audiences across a network of thousands of websites and mobile apps. By leveraging machine learning and big data, Taboola helps publishers generate incremental revenue while enabling advertisers to reach engaged users at scale.

Taboola’s suite of products includes feed placements, video recommendations, and sponsored content units designed to blend seamlessly with editorial pages.

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