StockNews.com initiated coverage on shares of Inuvo (NYSE:INUV – Free Report) in a report released on Monday morning. The firm issued a hold rating on the stock.
Separately, HC Wainwright assumed coverage on shares of Inuvo in a report on Tuesday, March 11th. They set a “buy” rating and a $2.00 price objective for the company.
Get Our Latest Stock Report on Inuvo
Inuvo Stock Performance
Institutional Trading of Inuvo
A number of institutional investors have recently made changes to their positions in the business. Renaissance Technologies LLC lifted its position in shares of Inuvo by 9.3% in the fourth quarter. Renaissance Technologies LLC now owns 507,149 shares of the company’s stock worth $328,000 after purchasing an additional 43,349 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Inuvo by 7.4% in the third quarter. Geode Capital Management LLC now owns 1,069,390 shares of the company’s stock worth $264,000 after purchasing an additional 73,682 shares in the last quarter. Finally, Perkins Capital Management Inc. lifted its position in shares of Inuvo by 3.7% in the fourth quarter. Perkins Capital Management Inc. now owns 7,083,452 shares of the company’s stock worth $4,579,000 after purchasing an additional 255,590 shares in the last quarter. Institutional investors own 29.36% of the company’s stock.
Inuvo Company Profile
Inuvo, Inc engages in the advertising technology and services business primarily in the United States. It sells information technology solutions to brands, agencies, and large consolidators of advertising demand (platforms). Its platforms optimize the purchase and placement of advertising in real time.
Featured Articles
- Five stocks we like better than Inuvo
- Want to Profit on the Downtrend? Downtrends, Explained.
- Can TikTok Stock Picks Really Make You Rich?
- What Does a Stock Split Mean?
- The “Quality” Rotation: Back to Basics Investing
- What is the NASDAQ Stock Exchange?
- Occidental Petroleum: 4 Reasons to Love These Prices
Receive News & Ratings for Inuvo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Inuvo and related companies with MarketBeat.com's FREE daily email newsletter.