Bandera Partners LLC Has $357,000 Stake in TheStreet, Inc. (TST)

Bandera Partners LLC continued to hold its stake in shares of TheStreet, Inc. (NASDAQ:TST) during the first quarter, Holdings Channel reports. The firm owned 469,178 shares of the information services provider’s stock at the end of the first quarter. TheStreet accounts for about 0.3% of Bandera Partners LLC’s portfolio, making the stock its 11th largest position. Bandera Partners LLC’s holdings in TheStreet were worth $357,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the company. Renaissance Technologies LLC increased its position in TheStreet by 4.6% in the fourth quarter. Renaissance Technologies LLC now owns 1,718,400 shares of the information services provider’s stock valued at $1,461,000 after buying an additional 75,400 shares during the period. B. Riley Financial Inc. bought a new position in TheStreet during the first quarter valued at approximately $546,000. Finally, Cannell Capital LLC increased its position in TheStreet by 6.3% in the first quarter. Cannell Capital LLC now owns 3,378,347 shares of the information services provider’s stock valued at $2,568,000 after buying an additional 200,000 shares during the period. Institutional investors and hedge funds own 49.85% of the company’s stock.

Institutional Ownership by Quarter for TheStreet (NASDAQ:TST)

TheStreet (NASDAQ:TST) last released its earnings results on Tuesday, May 9th. The information services provider reported $0.05 EPS for the quarter, topping analysts’ consensus estimates of ($0.03) by $0.08. The business had revenue of $15.28 million during the quarter, compared to analysts’ expectations of $15.29 million. TheStreet had a negative net margin of 24.24% and a negative return on equity of 4.43%. During the same quarter in the previous year, the company earned ($0.10) earnings per share.

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Several research analysts have commented on TST shares. Zacks Investment Research raised shares of TheStreet from a “hold” rating to a “buy” rating and set a $0.75 price objective for the company in a report on Thursday, March 16th. B. Riley reissued a “buy” rating and set a $2.10 price objective on shares of TheStreet in a report on Monday, May 15th.

TheStreet Company Profile

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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “NASDAQ:TST”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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