Innovid Reaches Analyst Target Price Thursday, March 21, 6:16 AM ET, by Market News Video Staff In recent trading, shares of Innovid Corp (CTV) have crossed above the average analyst 12-month ...
Top Buys by Directors: Netter's $119.1K Bet on CTV
By Market News Video Staff, Friday, December 22, 3:02 PM ET
The directors of a company tend to have a unique inside view into the business, so when directors make major buys, investors are wise to take notice. Presumably the only reason a director of a company would choose to take their hard-earned cash and use it to buy stock in the open market, is that they expect to make money — maybe they find the stock very undervalued, or maybe they see exciting progress within the company, or maybe both. So in this series we look at the largest insider buys by company directors over the trailing six month period, one of which was a total of $119.1K invested across 2 purchases by Zvika Netter, Chief Executive Officer at Innovid Corp (NYSE:CTV).
Netter bets big on CTV:
Purchased
Insider
Title
Shares
Price/Share
Value
08/15/2023
Zvika Netter
Chief Executive Officer
50,000
$1.09
$54,730.00
11/10/2023
Zvika Netter
Chief Executive Officer
50,000
$1.29
$64,385.00
Netter's average cost works out to $1.19/share. Shares of Innovid Corp were changing hands at $1.47 at last check, trading up about 3.2% on Friday. The chart below shows the one year performance of CTV shares, versus its 200 day moving average:
Looking at the chart above, CTV's low point in its 52 week range is $0.75 per share, with $2.73 as the 52 week high point — that compares with a last trade of $1.47.
This Article's Word Cloud:BuysChannelChiefCompanyCorpDirectorsDividendExecutiveFridayInnovidInsiderLookingNYSENetterNewsletterOfferOfficerPremiumPresumablyPricePurchasedReceiveShareSharesSpecialStartTitleValueZvikaaboutaboveacrossafternoonaveragebuyschartcompanydirectorslastmakemaybemdashpointsharestocktakethattheyweekwith
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