Perion Network (PERI)

• Market cap: $400M
• 1 day: 2.30%
• 5 days: 15.78%
• 1 month: 2.07%
• 3 months: 0.11%
• 6 months: 9.09%
• Year to date: 2.19%
• 1 year: -23.65%
• 5 years: 86.55%
• 10 years: -21.69%
• Sector: Communication Services
• Industry: Internet Content & Information

About: Perion Network Ltd is a technology company. It offers online advertising and search solutions to brands, agencies, and publishers through desktop, mobile, and social channels. It connects advertisers to consumers across digital advertising channels, including search advertising, social, display, video, digital audio, digital out of home (DOOH), and Connected TV (CTV) advertising. The company earns prime revenue from search advertising and display advertising services. It operates in the business segment of High Impact Advertising solutions. Geographically, the company generates a majority of its revenue from the United States and the rest from other regions.

Employees: 528

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

5% more capital invested

Capital invested by funds: $207M [Q3] → $217M (+$10.2M) [Q4]

1.21% less ownership

Funds ownership: 54.81% [Q3] → 53.6% (-1.21%) [Q4]

12% less funds holding

Funds holding: 121 [Q3] → 107 (-14) [Q4]

31% less repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 39

38% less first-time investments, than exits

New positions opened: 18 | Existing positions closed: 29

77% less call options, than puts

Call options by funds: $2.37M | Put options by funds: $10.4M

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $10.50 18% upside
• Avg. target: $10.50 18% upside
• High target: $10.50 18% upside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

Lake Street Eric Martinuzzi 29% 1-year accuracy 8 / 28 met price target

18% upside $10.50

Buy Maintained

20 Feb 2025