Essex Investment Management Co. LLC acquired a new stake in TheStreet, Inc. (NASDAQ:TST) during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 204,694 shares of the information services provider’s stock, valued at approximately $221,000. Essex Investment Management Co. LLC owned about 0.57% of TheStreet at the end of the most recent quarter.
Separately, Renaissance Technologies LLC grew its position in shares of TheStreet by 1.4% in the 1st quarter. Renaissance Technologies LLC now owns 1,743,100 shares of the information services provider’s stock valued at $1,325,000 after buying an additional 24,700 shares during the last quarter. Institutional investors own 46.68% of the company’s stock.
A number of research analysts recently commented on TST shares. B. Riley reaffirmed a “buy” rating and issued a $2.10 target price on shares of TheStreet in a research report on Tuesday, August 8th. Zacks Investment Research upgraded shares of TheStreet from a “hold” rating to a “buy” rating and set a $1.00 price target for the company in a research note on Wednesday, July 19th.
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Shares of TheStreet, Inc. (NASDAQ:TST) opened at $0.92 on Monday. TheStreet, Inc. has a 52 week low of $0.61 and a 52 week high of $1.11.
TheStreet, Inc (TheStreet) is a digital financial media company focused on the financial, and mergers and acquisitions environment. The Company’s collection of digital services provides users, subscribers and advertisers with a range of content and tools through a range of online, social media, tablet and mobile channels.
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