Perion Network Ltd (NASDAQ:PERI) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Perion Network Ltd (NASDAQ:PERI) have been assigned a consensus recommendation of “Moderate Buy” from the six ratings firms that are covering the stock, MarketBeat reports. One analyst has rated the stock with a sell rating, one has issued a hold rating and four have given a buy rating to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $14.3750.

A number of research analysts recently weighed in on PERI shares. Craig Hallum set a $14.00 price objective on shares of Perion Network and gave the company a “buy” rating in a report on Monday, October 13th. Weiss Ratings reissued a “sell (d+)” rating on shares of Perion Network in a research report on Wednesday, October 8th. Lake Street Capital boosted their price target on shares of Perion Network from $14.00 to $15.00 and gave the stock a “buy” rating in a research note on Thursday, November 13th. Finally, Roth Capital reaffirmed a “buy” rating and set a $14.50 price objective (up previously from $14.00) on shares of Perion Network in a research report on Thursday, November 13th.

Perion Network Price Performance

NASDAQ PERI opened at $9.82 on Thursday. The company has a market cap of $402.55 million, a P/E ratio of -37.75, a P/E/G ratio of 1.09 and a beta of 1.60. The stock has a 50-day moving average of $9.74 and a two-hundred day moving average of $9.87. Perion Network has a 1-year low of $6.99 and a 1-year high of $11.79.

Institutional Investors Weigh In On Perion Network

Large investors have recently bought and sold shares of the stock. Osaic Holdings Inc. boosted its stake in shares of Perion Network by 209.9% in the 2nd quarter. Osaic Holdings Inc. now owns 2,721 shares of the technology company’s stock valued at $28,000 after buying an additional 1,843 shares during the period. State of Wyoming lifted its stake in Perion Network by 11.0% in the second quarter. State of Wyoming now owns 22,147 shares of the technology company’s stock worth $225,000 after acquiring an additional 2,196 shares during the last quarter. Equitable Trust Co. lifted its stake in Perion Network by 2.2% in the third quarter. Equitable Trust Co. now owns 100,895 shares of the technology company’s stock worth $969,000 after acquiring an additional 2,215 shares during the last quarter. Exchange Traded Concepts LLC grew its holdings in Perion Network by 9.5% during the 3rd quarter. Exchange Traded Concepts LLC now owns 28,076 shares of the technology company’s stock worth $270,000 after acquiring an additional 2,446 shares in the last quarter. Finally, Squarepoint Ops LLC increased its position in shares of Perion Network by 21.8% in the 3rd quarter. Squarepoint Ops LLC now owns 14,418 shares of the technology company’s stock valued at $138,000 after purchasing an additional 2,581 shares during the last quarter. Hedge funds and other institutional investors own 68.12% of the company’s stock.

Perion Network Company Profile

Perion Network Ltd. (NASDAQ: PERI) is a digital advertising technology company that offers a suite of solutions designed for both brand marketers and performance-driven advertisers. The firm’s platform integrates search monetization, programmatic display, video and connected TV (CTV) advertising to help clients reach and engage audiences across desktop, mobile and television environments. Through proprietary algorithms and AI-driven tools, Perion’s technology optimizes ad placements in real time, aiming to boost campaign efficiency and return on investment for publishers and advertisers alike.

Key offerings include search engine marketing services that cover major platforms such as Google and Bing, native and display advertising solutions under its Undertone brand, as well as social and video ad formats.