How have the shares performed?
Thoma Bravo Advantage (TBA) saw an uptrend of 2.06% in the recent trading with $10.38 being its most recent. The current price level -21.30% lower than the highest price of $13.19 marked by the stock while trading over the past 52-weeks, whereas it is 4.37% higher than the lowest price of $9.94 the company dropped to over past 52-weeks. The latest news story on TBA appeared in Business Wire under the title “ironSource Announces Four New Board Members; New Directors Bring a Wealth of Experience To ironSource as the Company Prepares to Go Public” on May-25-21.
Squeezing the time span to 30 day period shows us the stock is currently trading -5.46% below one month high and is +4.01% above of the lowest during that time. Looking into the simple moving average, Thoma Bravo Advantage (TBA)’s stock stands at a SMA-50 of $10.32 while that of 5-day is reading $10.24.
Thoma Bravo Advantage Earnings – What Happened With TBA
Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor.
TBA – Thoma Bravo Advantage Stock Earnings Estimates
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 127.40 million. TBA does have institutional investors; and they hold 83.30% of the stock.
Thoma Bravo Advantage – Insider Activity and Holdings
As on Mar 30, 2021, Manufacturers Life Insurance Co. was the top most holder in Thoma Bravo Advantage (NYSE:TBA) with an ownership of 0.96 million shares of the company or 0.94% of the stake worth $10.01 million. The filing also reveals Deltec Asset Management LLC as the second largest holder in the company with a control over 0.16% of the outstanding shares. Its stake is worth $1.67 million for having 0.16 million shares in hand.
Narwhal Capital Management also came holding a key position in the company during the recent quarter and it now holds 0.07% of the outstanding shares. With this there are now 26 institutions which have possession in TBA’s shares.
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, Thoma Bravo Advantage has a debt to equity ratio of 0.00.
Technical Analysis of Thoma Bravo Advantage (NYSE:TBA) stock