Gamco Investors INC. ET AL Acquires Shares of 56,172 Innovid Corp. (NYSE:CTV)

Gamco Investors INC. ET AL bought a new position in shares of Innovid Corp. (NYSE:CTV) in the fourth quarter, Holdings Channel reports. The institutional investor bought 56,172 shares of the company’s stock, valued at approximately $174,000.

Other hedge funds have also recently modified their holdings of the company. FMR LLC boosted its holdings in Innovid by 590.2% in the 3rd quarter. FMR LLC now owns 15,413 shares of the company’s stock worth $28,000 after buying an additional 13,180 shares during the last quarter. Covestor Ltd boosted 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 worth $29,000 after acquiring an additional 9,539 shares during the last quarter. Cibc World Markets Corp purchased a new stake in shares of Innovid during the fourth quarter worth approximately $31,000. Mariner LLC raised its stake in Innovid by 41.2% in the 4th quarter. Mariner LLC now owns 15,413 shares of the company’s stock valued at $48,000 after purchasing an additional 4,497 shares during the last quarter. Finally, SG Americas Securities LLC boosted its stake in Innovid by 24.2% during the 4th quarter. SG Americas Securities LLC now owns 45,454 shares of the company’s stock worth $140,000 after purchasing an additional 8,849 shares during the last quarter. Institutional investors and hedge funds own 25.46% of the company’s stock.

Innovid Price Performance

Shares of NYSE CTV opened at $3.14 on Friday. The firm has a 50-day simple moving average of $3.14 and a 200-day simple moving average of $2.80. The stock has a market capitalization of $466.21 million, a price-to-earnings ratio of -34.89 and a beta of 3.25. Innovid Corp. has a 52 week low of $1.50 and a 52 week high of $3.40.

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.