Inuvo (NYSE:INUV) Now Covered by HC Wainwright

Stock analysts at HC Wainwright assumed coverage on shares of Inuvo (NYSE:INUV) in a research report issued to clients and investors on Tuesday, Marketbeat Ratings reports. The firm set a “buy” rating and a $2.00 price target on the stock. HC Wainwright’s price target suggests a potential upside of 435.91% from the stock’s previous close. HC Wainwright also issued estimates for Inuvo’s FY2026 earnings at $0.01 EPS.

Separately, StockNews.com began coverage on Inuvo in a report on Sunday. They issued a “hold” rating on the stock.

Inuvo Trading Up 3.0 %

Shares of Inuvo stock opened at $0.37 on Tuesday. Inuvo has a twelve month low of $0.19 and a twelve month high of $0.79. The stock has a market capitalization of $53.29 million, a P/E ratio of -6.22 and a beta of 0.86. The business’s fifty day moving average price is $0.47 and its 200 day moving average price is $0.35.

Institutional Trading of Inuvo

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Perkins Capital Management Inc. increased its position in shares of Inuvo by 3.7% during the fourth quarter. Perkins Capital Management Inc. now owns 7,083,452 shares of the company’s stock worth $4,579,000 after acquiring an additional 255,590 shares during the last quarter. Bard Associates Inc. boosted its stake in Inuvo by 7.1% in the third quarter. Bard Associates Inc. now owns 4,234,177 shares of the company’s stock valued at $1,044,000 after acquiring an additional 279,100 shares during the period. Geode Capital Management LLC boosted its stake in Inuvo by 12.6% in the fourth quarter. Geode Capital Management LLC now owns 1,203,887 shares of the company’s stock valued at $778,000 after acquiring an additional 134,497 shares during the period. Finally, Renaissance Technologies LLC grew its holdings in Inuvo by 9.3% in the 4th quarter. Renaissance Technologies LLC now owns 507,149 shares of the company’s stock worth $328,000 after buying an additional 43,349 shares in the last quarter. 29.36% of the stock is owned by hedge funds and other institutional investors.

Inuvo Company Profile

Inuvo, Inc engages in the advertising technology and services business primarily in the United States. It sells information technology solutions to brands, agencies, and large consolidators of advertising demand (platforms). Its platforms optimize the purchase and placement of advertising in real time.