NEW YORK, April  10, 2025  (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against TechTarget, Inc. (“TechTarget” or the “Company”) (NASDAQ:TTGT) on behalf of TechTarget stockholders. Our investigation concerns whether TechTarget has violated the federal securities laws and/or engaged in other unlawful business practices.

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On December 6, 2024, TechTarget disclosed that its previous financial statements “should no longer be relied upon and were being restated” because of certain “errors” which had been identified. These financial statements included those filed with the Company’s Registration Statement and related to the “Informa Tech Digital Businesses of Informa PLC.” On this news, the price of TechTarget shares declined by $2.09 per share, from $25.54 per share on December 6, 2024, to close at $23.48 on December 9, 2024.

Then, on March 31, 2025, TechTarget disclosed that it would be unable to timely file its 2024 Annual Report. The Company revealed it needed to “further evaluate technical accounting matters,” related to its combination with the “Informa Tech Digital Businesses.” The Company disclosed “[b]ased on preliminary information” it “expects to record a pre-tax non-cash goodwill impairment charge related to the business in the range of approximately $70m to $110m” for the 2024 fiscal year. On this news, the price of TechTarget shares declined by $2.05 per share, from $14.81 per share on March 31, 2025, to close at $12.76 on April 1, 2025.

If you purchased or otherwise acquired TechTarget shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Marion Passmore by email at [email protected], by telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.

About Bragar Eagel & Squire, P.C.:

Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York and California. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.

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Contact Information:

Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Marion Passmore, Esq.
(212) 355-4648
[email protected]
www.bespc.com