Inuvo (NYSE:INUV) Coverage Initiated at HC Wainwright

HC Wainwright started coverage on shares of Inuvo (NYSE:INUV) in a note issued to investors on Tuesday, Marketbeat Ratings reports. The firm set a “buy” rating and a $2.00 price target on the stock. HC Wainwright’s target price indicates 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 started coverage on Inuvo in a report on Sunday. They set a “hold” rating on the stock.

Inuvo Trading Up 3.0 %

INUV stock opened at $0.37 on Tuesday. The company has a market capitalization of $53.29 million, a PE ratio of -6.22 and a beta of 0.86. Inuvo has a 12-month low of $0.19 and a 12-month high of $0.79. 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

Large investors have recently made changes to their positions in the company. Renaissance Technologies LLC boosted its position in shares of Inuvo by 9.3% in the 4th quarter. Renaissance Technologies LLC now owns 507,149 shares of the company’s stock valued at $328,000 after purchasing an additional 43,349 shares during the period. Geode Capital Management LLC increased its stake in Inuvo by 7.4% in the 3rd quarter. Geode Capital Management LLC now owns 1,069,390 shares of the company’s stock valued at $264,000 after purchasing an additional 73,682 shares in the last quarter. Bard Associates Inc. increased its stake in Inuvo by 7.1% in the 3rd quarter. Bard Associates Inc. now owns 4,234,177 shares of the company’s stock valued at $1,044,000 after purchasing an additional 279,100 shares in the last quarter. Finally, Perkins Capital Management Inc. increased its stake in Inuvo by 3.7% in the 4th quarter. Perkins Capital Management Inc. now owns 7,083,452 shares of the company’s stock valued at $4,579,000 after purchasing an additional 255,590 shares in the last quarter. 29.36% of the stock is owned by institutional investors and hedge funds.

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.