Teton Advisors Inc. Purchases 15,000 Shares of AdTheorent Holding Company, Inc. (NASDAQ:ADTH)

Teton Advisors Inc. increased its position in AdTheorent Holding Company, Inc. (NASDAQ:ADTH) by 17.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 100,000 shares of the company’s stock after acquiring an additional 15,000 shares during the quarter. Teton Advisors Inc. owned about 0.11% of AdTheorent worth $145,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Acadian Asset Management LLC grew its position in AdTheorent by 147.3% in the 3rd quarter. Acadian Asset Management LLC now owns 256,528 shares of the company’s stock worth $330,000 after purchasing an additional 152,788 shares during the last quarter. Miramar Capital LLC acquired a new stake in AdTheorent in the 3rd quarter worth $215,000. Raymond James & Associates grew its position in AdTheorent by 13.3% in the 3rd quarter. Raymond James & Associates now owns 127,000 shares of the company’s stock worth $164,000 after purchasing an additional 14,876 shares during the last quarter. Finally, Bailard Inc. acquired a new stake in AdTheorent in the 3rd quarter worth $84,000. 37.66% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the stock. JMP Securities restated a “market perform” rating on shares of AdTheorent in a research report on Monday, April 1st. Noble Financial reiterated a “market perform” rating on shares of AdTheorent in a research report on Tuesday, April 2nd. Needham & Company LLC lifted their target price on shares of AdTheorent from $3.00 to $3.75 and gave the company a “buy” rating in a research report on Wednesday, March 13th. Finally, Benchmark lifted their target price on shares of AdTheorent from $6.00 to $7.00 and gave the company a “buy” rating in a research report on Wednesday, March 13th.

AdTheorent Stock Up 0.2 %

NASDAQ:ADTH traded up $0.01 on Thursday, reaching $3.24. The stock had a trading volume of 562,980 shares, compared to its average volume of 729,781. The company has a market capitalization of $294.52 million, a P/E ratio of -324.00 and a beta of 1.21. AdTheorent Holding Company, Inc. has a 1-year low of $1.11 and a 1-year high of $3.98. The stock has a fifty day moving average price of $3.17 and a 200-day moving average price of $2.24.

AdTheorent (NASDAQ:ADTH) last released its quarterly earnings results on Tuesday, March 12th. The company reported $0.01 EPS for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.06). The business had revenue of $59.66 million for the quarter, compared to analysts’ expectations of $56.20 million. Sell-side analysts predict that AdTheorent Holding Company, Inc. will post 0.06 earnings per share for the current fiscal year.

AdTheorent Profile

AdTheorent Holding Company, Inc, a digital media platform, provides programmatic digital advertising services for advertising agency and brand customers in the United States, Canada, and internationally. It uses machine learning and advanced data science to organize, analyze, and operationalize non-sensitive data to deliver real-world value for customers.