The Law Offices of Frank R. Cruz are actively investigating TechTarget, Inc. (“TechTarget” or the “Company”) TTGT on behalf of investors related to potential violations of federal securities laws.

Attention Investors: If you have lost money on TechTarget, Inc. (TTGT), CLICK HERE for information on potentially pursuing a claim.

Overview of the Investigation

On December 6, 2024, TechTarget announced that previous financial statements “should no longer be relied upon and were being restated” due to identified errors. These statements included those filed with the Company’s Registration Statement pertaining to the “Informa Tech Digital Businesses of Informa PLC.”

Following this news, TechTarget’s stock experienced a decline of $2.74, equivalent to 10.7%, over two trading days, closing at $22.80 per share on December 10, 2024. This drop significantly impacted investors.

Subsequently, on March 31, 2025, TechTarget announced its inability to file its 2024 Annual Report on time. The Company indicated the need to “further evaluate technical accounting matters” related to its combination with the “Informa Tech Digital Businesses.” Notably, the Company estimated a pre-tax non-cash goodwill impairment charge for the 2024 fiscal year to be between $70 million and $110 million based on preliminary information.

This revelation caused TechTarget’s stock to drop by $2.05, or 13.8%, closing at $12.76 per share on April 1, 2025.

Moreover, on April 18, 2025, TechTarget reported receiving a deficiency notification from Nasdaq, indicating it was not in compliance with Nasdaq Listing Rules due to the late filing of its Annual Report on Form 10-K for the year ending December 31, 2024.

In reaction to this update, TechTarget’s stock price fell by $1.04, or 12.8%, closing at $7.12 per share on April 21, 2025, resulting in additional losses for investors.

Get Involved or Learn More

If you purchased TechTarget securities, possess any relevant information, or wish to learn more about these claims and your rights in this matter, please reach out to us:

The Law Offices of Frank R. Cruz
2121 Avenue of the Stars, Suite 800
Century City, California 90067
Call us at: 310-914-5007
Email us at: [email protected]
Visit our website: www.frankcruzlaw.com.
Follow us for updates on Twitter at twitter.com/FRC_LAW.

If you contact us via email, please include your mailing address, phone number, and the number of shares you purchased.

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View the source version on businesswire.com: https://www.businesswire.com/news/home/20250421170548/en/

The Law Offices of Frank R. Cruz, Los Angeles
Frank R. Cruz
310-914-5007
[email protected]
www.frankcruzlaw.com