Autoweb Inc (NASDAQ:AUTO) insider Jared Robert Rowe purchased 13,800 shares of the company’s stock in a transaction on Friday, August 10th. The shares were purchased at an average cost of $3.64 per share, with a total value of $50,232.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.
Jared Robert Rowe also recently made the following trade(s):
- On Tuesday, May 15th, Jared Robert Rowe purchased 60,975 shares of Autoweb stock. The shares were purchased at an average cost of $3.28 per share, with a total value of $199,998.00.
NASDAQ AUTO opened at $3.63 on Wednesday. Autoweb Inc has a 1-year low of $2.88 and a 1-year high of $9.91. The stock has a market capitalization of $48.32 million, a PE ratio of 12.45 and a beta of 1.30.
AUTO has been the subject of a number of recent research reports. Barrington Research reissued a “buy” rating on shares of Autoweb in a research note on Wednesday, May 16th. ValuEngine raised Autoweb from a “hold” rating to a “buy” rating in a research note on Wednesday, August 8th. Zacks Investment Research raised Autoweb from a “strong sell” rating to a “hold” rating in a research note on Wednesday, July 11th. Lake Street Capital lowered Autoweb from a “buy” rating to a “hold” rating in a research note on Friday, May 11th. Finally, B. Riley lowered their target price on Autoweb from $4.90 to $4.00 and set a “neutral” rating for the company in a research note on Friday, May 11th. Four analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $6.67.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in AUTO. Renaissance Technologies LLC bought a new stake in shares of Autoweb in the 4th quarter valued at about $2,633,000. BlackRock Inc. bought a new position in Autoweb during the 4th quarter valued at approximately $2,188,000. Ancora Advisors LLC bought a new position in Autoweb during the 1st quarter valued at approximately $380,000. Two Sigma Advisers LP bought a new position in Autoweb during the 4th quarter valued at approximately $674,000. Finally, Kokino LLC raised its position in Autoweb by 10.4% during the 1st quarter. Kokino LLC now owns 690,000 shares of the information services provider’s stock valued at $2,056,000 after purchasing an additional 65,000 shares during the last quarter. 43.41% of the stock is owned by institutional investors.
Autoweb Company Profile
AutoWeb, Inc operates as a digital marketing company for the automotive industry in the United States. It assists automotive retail dealers and manufacturers to market and sell new and used vehicles to consumers through its programs. The company's products include new vehicle lead program, which allows consumers to submit requests for pricing and availability of specific makes and models; and used vehicle lead program, which allows consumers to search for used vehicles according to search parameters, such as price, make, model, mileage, year, and location of the vehicle.
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