Telaria Inc (NYSE:TLRA) shares were up 7.2% during mid-day trading on Tuesday . The company traded as high as $8.10 and last traded at $8.05, approximately 1,137,335 shares changed hands during mid-day trading. An increase of 50% from the average daily volume of 758,659 shares. The stock had previously closed at $7.51.

A number of analysts have recently issued reports on TLRA shares. ValuEngine cut Telaria from a “strong-buy” rating to a “buy” rating in a research report on Thursday, August 8th. Lake Street Capital reaffirmed a “buy” rating and issued a $11.00 price objective (up from $7.00) on shares of Telaria in a research report on Friday, May 10th. Finally, Zacks Investment Research raised Telaria from a “hold” rating to a “buy” rating and set a $8.50 price objective for the company in a research report on Friday, July 26th. Six equities research analysts have rated the stock with a buy rating, The stock has a consensus rating of “Buy” and a consensus price target of $7.95.

The firm has a market capitalization of $336.17 million, a P/E ratio of -44.72 and a beta of 1.69. The company’s 50-day moving average is $7.76. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.43 and a quick ratio of 1.43.

Telaria (NYSE:TLRA) last released its quarterly earnings data on Tuesday, August 6th. The software maker reported ($0.03) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.02) by ($0.01). The business had revenue of $18.20 million during the quarter, compared to analyst estimates of $15.98 million. Telaria had a negative net margin of 9.18% and a negative return on equity of 9.72%. The business’s quarterly revenue was up 46.8% on a year-over-year basis. During the same period in the previous year, the business earned ($0.06) earnings per share. As a group, research analysts predict that Telaria Inc will post -0.11 earnings per share for the current year.

In related news, Director James Rossman sold 173,156 shares of Telaria stock in a transaction that occurred on Wednesday, May 15th. The stock was sold at an average price of $8.12, for a total transaction of $1,406,026.72. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO Katie Seitz Evans sold 7,879 shares of Telaria stock in a transaction that occurred on Thursday, May 30th. The stock was sold at an average price of $8.10, for a total value of $63,819.90. The disclosure for this sale can be found here. Company insiders own 6.03% of the company’s stock.

A number of large investors have recently added to or reduced their stakes in the stock. Northern Trust Corp lifted its holdings in Telaria by 0.3% during the 2nd quarter. Northern Trust Corp now owns 466,900 shares of the software maker’s stock worth $3,512,000 after purchasing an additional 1,534 shares during the last quarter. Bank of Montreal Can bought a new position in Telaria during the 2nd quarter worth $27,000. Atria Investments LLC bought a new position in Telaria during the 2nd quarter worth $218,000. Meeder Asset Management Inc. increased its stake in Telaria by 1,814.7% during the 2nd quarter. Meeder Asset Management Inc. now owns 4,442 shares of the software maker’s stock worth $34,000 after acquiring an additional 4,210 shares during the period. Finally, Hilton Capital Management LLC bought a new position in Telaria during the 1st quarter worth $50,000. 57.17% of the stock is owned by institutional investors and hedge funds.

Telaria Company Profile (NYSE:TLRA)

Telaria, Inc provides a software platform for publishers to manage and monetize video advertising in the United States. The company offers publishers with real-time analytics, data, and decisioning tools to control their video advertising business, as well as a monetization solution to optimize yield across a publisher's supply of digital video inventory.

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