Innovid Corp. (NYSE:CTV) Shares Purchased by Price T Rowe Associates Inc. MD

Price T Rowe Associates Inc. MD lifted its stake in Innovid Corp. (NYSE:CTV) by 29.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 44,179 shares of the company’s stock after purchasing an additional 9,968 shares during the period. Price T Rowe Associates Inc. MD’s holdings in Innovid were worth $137,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Covestor Ltd lifted its stake in shares of Innovid by 158,983.3% in the fourth quarter. Covestor Ltd now owns 9,545 shares of the company’s stock valued at $29,000 after purchasing an additional 9,539 shares during the period. Cibc World Markets Corp purchased a new position in Innovid during the 4th quarter valued at about $31,000. Mariner LLC increased its holdings in Innovid by 41.2% during the 4th quarter. Mariner LLC now owns 15,413 shares of the company’s stock valued at $48,000 after acquiring an additional 4,497 shares in the last quarter. SG Americas Securities LLC increased its holdings in Innovid by 24.2% during the 4th quarter. SG Americas Securities LLC now owns 45,454 shares of the company’s stock valued at $140,000 after acquiring an additional 8,849 shares in the last quarter. Finally, Invesco Ltd. increased its holdings in Innovid by 7.8% during the 4th quarter. Invesco Ltd. now owns 50,491 shares of the company’s stock valued at $156,000 after acquiring an additional 3,639 shares in the last quarter. Institutional investors and hedge funds own 25.46% of the company’s stock.

Innovid Stock Performance

NYSE:CTV opened at $3.14 on Friday. The firm has a 50-day moving average price of $3.14 and a two-hundred day moving average price of $2.98. Innovid Corp. has a twelve month low of $1.50 and a twelve month high of $3.40. The company has a market capitalization of $466.21 million, a P/E ratio of -34.89 and a beta of 3.25.

Innovid Company Profile

Innovid Corp. operates an independent software platform that provides ad serving, measurement, and creative services. It offers advertising services for the creation, delivery, and measurement of TV ads across connected TV, mobile TV, and desktop TV environments to advertisers, publishers, and media agencies.