Barclays PLC Has $122,000 Stock Position in Taboola.com Ltd. (NASDAQ:TBLA)

Barclays PLC boosted its position in Taboola.com Ltd. (NASDAQ:TBLA) by 1,218.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 36,431 shares of the company’s stock after acquiring an additional 33,668 shares during the period. Barclays PLC’s holdings in Taboola.com were worth $122,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Millennium Management LLC raised its position in shares of Taboola.com by 32.3% during the second quarter. Millennium Management LLC now owns 1,339,987 shares of the company’s stock worth $4,610,000 after purchasing an additional 327,518 shares during the period. Algert Global LLC bought a new stake in Taboola.com during the 2nd quarter valued at $1,020,000. Empowered Funds LLC acquired a new position in Taboola.com during the third quarter worth $337,000. American Century Companies Inc. lifted its stake in shares of Taboola.com by 352.1% in the second quarter. American Century Companies Inc. now owns 126,554 shares of the company’s stock valued at $435,000 after buying an additional 98,562 shares in the last quarter. Finally, GSA Capital Partners LLP grew its holdings in shares of Taboola.com by 11.6% during the third quarter. GSA Capital Partners LLP now owns 814,598 shares of the company’s stock valued at $2,737,000 after buying an additional 84,382 shares during the last quarter. Institutional investors and hedge funds own 42.89% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently weighed in on TBLA. Benchmark restated a “buy” rating and issued a $5.00 target price on shares of Taboola.com in a report on Monday, October 7th. Needham & Company LLC reissued a “buy” rating and set a $5.00 price objective on shares of Taboola.com in a report on Friday, January 17th.

Taboola.com Stock Performance

NASDAQ TBLA opened at $3.59 on Friday. The company has a fifty day moving average price of $3.71 and a 200-day moving average price of $3.46. The firm has a market cap of $1.05 billion, a price-to-earnings ratio of -35.90 and a beta of 1.26. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 1.31. Taboola.com Ltd. has a 1 year low of $2.87 and a 1 year high of $5.00.

Taboola.com (NASDAQ:TBLA) last issued its quarterly earnings data on Thursday, November 7th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.04). Taboola.com had a negative return on equity of 1.68% and a negative net margin of 1.96%. The firm had revenue of $433.10 million during the quarter, compared to the consensus estimate of $429.43 million. During the same period in the previous year, the company posted ($0.02) earnings per share.

Insider Activity

In other news, Director Richard T. Scanlon sold 250,000 shares of Taboola.com stock in a transaction on Tuesday, November 19th. The stock was sold at an average price of $3.16, for a total transaction of $790,000.00. Following the sale, the director now directly owns 70,642 shares in the company, valued at $223,228.72. The trade was a 77.97 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 22.40% of the stock is currently owned by corporate insiders.

Taboola.com Company Profile

Taboola.com Ltd., together with its subsidiaries, operates an artificial intelligence-based algorithmic engine platform in Israel, the United States, the United Kingdom, Germany, and internationally. It offers Taboola, a platform that partners with websites, devices, and mobile apps to recommend editorial content and advertisements on the open web to users.