AdTheorent Holding Company Inc (NASDAQ:ADTH) has a beta value of 1.25 and has seen 1.47 million shares traded in the last trading session. The company, currently valued at $297.24M, closed the last trade at $3.27 per share which meant it gained $0.05 on the day or 1.55% during that session. The ADTH stock price is -21.71% off its 52-week high price of $3.98 and 66.06% above the 52-week low of $1.11. If we look at the company’s 10-day average daily trading volume, we find that it stood at 2.04 million shares traded. The 3-month trading volume is 558.05K shares.
AdTheorent Holding Company Inc (NASDAQ:ADTH) trade information
Sporting 1.55% in the green in last session, the stock has traded in the red over the last five days, when the ADTH stock price touched $3.27 or saw a rise of 0.91%. Year-to-date, AdTheorent Holding Company Inc shares have moved 125.52%, while the 5-day performance has seen it change -0.30%. Over the past 30 days, the shares of AdTheorent Holding Company Inc (NASDAQ:ADTH) have changed 8.28%. Short interest in the company has seen 0.47 million shares shorted with days to cover at 1.55.
AdTheorent Holding Company Inc (ADTH) estimates and forecasts
Figures show that AdTheorent Holding Company Inc shares have outperformed across the wider relevant industry. The company’s shares have gained 170.25% over the past 6 months, with this year growth rate of 700.00%, compared to 10.30% for the industry. Other than that, the company has, however, increased its growth outlook for the 2024 fiscal year revenue. Growth estimates for the current quarter are 50.00% and -111.10% for the next quarter. Revenue growth from the last financial year stood is estimated to be 11.80%.
5 analysts offering their estimates for the company have set an average revenue estimate of $34.56 million for the current quarter. 5 have an estimated revenue figure of $41.2 million for the next quarter concluding in Jun 2024. Year-ago sales stood $32.67 million and $37.59 million respectively for this quarter and the next, and analysts expect sales will grow by 5.80% for the current quarter and 9.60% for the next.
ADTH Dividends
AdTheorent Holding Company Inc is expected to release its next earnings report in May this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
AdTheorent Holding Company Inc (NASDAQ:ADTH)’s Major holders
Insiders own 12.22% of the company shares, while shares held by institutions stand at 74.38% with a share float percentage of 84.73%. Investors are also buoyed by the number of investors in a company, with AdTheorent Holding Company Inc having a total of 56 institutions that hold shares in the company. The top two institutional holders are Corbin Capital Partners, LP with over 2.87 million shares worth more than $4.02 million. As of Jun 29, 2023, Corbin Capital Partners, LP held 3.26% of shares outstanding.
The other major institutional holder is Whetstone Capital Advisors, LLC, with the holding of over 2.79 million shares as of Jun 29, 2023. The firm’s total holdings are worth over $3.9 million and represent 3.16% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Columbia Fds Ser Tr I-Columbia Small Cap Value Fd I and Columbia Fds Var Ins Tr-Columbia Var Port-Small Cap Value Fd. As of Jul 30, 2023, the former fund manager holds about 1.89% shares in the company for having 1.67 million shares of worth $2.7 million while later fund manager owns 0.58 million shares of worth $0.81 million as of Jun 29, 2023, which makes it owner of about 0.65% of company’s outstanding stock.
