Raymond James & Associates Buys New Holdings in AdTheorent Holding Company, Inc. (NASDAQ:ADTH)

Raymond James & Associates bought a new stake in shares of AdTheorent Holding Company, Inc. (NASDAQ:ADTHGet Rating) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 505,594 shares of the company’s stock, valued at approximately $4,975,000.

Other institutional investors also recently bought and sold shares of the company. JPMorgan Chase & Co. purchased a new stake in AdTheorent in the 1st quarter worth approximately $110,000. Qube Research & Technologies Ltd bought a new stake in shares of AdTheorent in the 4th quarter worth $113,000. Sciencast Management LP bought a new stake in shares of AdTheorent in the 1st quarter worth $185,000. Cornerstone Investment Partners LLC bought a new stake in shares of AdTheorent in the 1st quarter worth $202,000. Finally, Bank of Montreal Can purchased a new position in shares of AdTheorent in the 4th quarter worth $2,235,000. 14.41% of the stock is currently owned by hedge funds and other institutional investors.

AdTheorent Price Performance

NASDAQ:ADTH opened at $2.64 on Tuesday. The business’s 50-day simple moving average is $2.91 and its two-hundred day simple moving average is $6.29. AdTheorent Holding Company, Inc. has a 52 week low of $2.36 and a 52 week high of $11.90.

Analysts Set New Price Targets

A number of research firms have recently issued reports on ADTH. Cowen dropped their price target on AdTheorent to $5.00 in a research note on Monday, August 15th. Canaccord Genuity Group dropped their price target on AdTheorent from $10.00 to $8.00 in a research note on Thursday, August 11th. Needham & Company LLC dropped their price target on AdTheorent from $8.50 to $5.00 and set a “buy” rating on the stock in a research note on Wednesday, August 10th. Finally, JMP Securities lowered their target price on AdTheorent from $10.00 to $5.00 and set a “market outperform” rating on the stock in a research report on Wednesday, August 10th. Seven analysts have rated the stock with a buy rating, According to MarketBeat, the company currently has an average rating of “Buy” and an average price target of $8.13.

About AdTheorent

(Get Rating)

AdTheorent Holding Company, Inc, a digital media platform, provides machine learning platform for advertisers and marketers in the United States and Canada. The company offers predictive targeting, geo-intelligence, and cross-environment map solutions, as well as Studio A\T. It serves pharmaceutical/healthcare, dining, retail, and travel and hospitality, as well as banking, financial services and insurance industries.

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Institutional Ownership by Quarter for AdTheorent (NASDAQ:ADTH)

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