Tremor Video (TLRA) Getting Somewhat Negative Press Coverage, Analysis Finds
News coverage about Tremor Video (NYSE:TLRA) has been trending somewhat negative recently, according to Accern Sentiment Analysis. The research group identifies positive and negative news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Tremor Video earned a news impact score of -0.01 on Accern’s scale. Accern also assigned media coverage about the software maker an impact score of 42.2135189467509 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Separately, Canaccord Genuity increased their price target on shares of Tremor Video from $5.00 to $6.00 and gave the company a “buy” rating in a research note on Wednesday, November 8th.
Tremor Video (TLRA) traded up $0.17 during trading hours on Thursday, reaching $3.74. 413,200 shares of the company were exchanged, compared to its average volume of 166,220. Tremor Video has a 1-year low of $1.83 and a 1-year high of $5.10.
In related news, CEO Mark Zagorski purchased 10,000 shares of Tremor Video stock in a transaction dated Friday, November 17th. The shares were bought at an average cost of $4.02 per share, for a total transaction of $40,200.00. The acquisition was disclosed in a document filed with the SEC, which is available at this link. Also, Director Warren Lee sold 93,398 shares of the firm’s stock in a transaction that occurred on Monday, November 27th. The shares were sold at an average price of $4.07, for a total transaction of $380,129.86. The disclosure for this sale can be found here. Over the last three months, insiders sold 514,035 shares of company stock worth $2,085,033. Insiders own 8.20% of the company’s stock.
Tremor Video Company Profile
Telaria, Inc, formerly Tremor Video, Inc, is a software company. The Company provides a data-driven software platform. The Company’s Telaria is designed to monetize and manage premium video inventory wherever and however audiences are watching. The solutions offered by the Company includes programmatic live television, market updates, device-specific reporting, over-the-top content (OTT) specific features, monitor buying patterns, revenue capture, live insights and letter revenue decisions.
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