Inuvo (INUV) reported second-quarter 2026 net revenue of $7.5 million, down 67% from the year-earlier period, as Legacy Search revenue fell 80%. Audience Modeling revenue grew 19% year over year, supported by recent client wins and increased investment from existing IntentKey customers.
The company posted a second-quarter net loss of $4.0 million, or $0.27 per share, compared with a net loss of $1.5 million, or $0.10 per share, a year earlier. Inuvo also completed financing transactions with combined gross proceeds of about $13 million, including about $10 million received in the quarter and about $3 million received in July.
- Second-quarter gross profit was $3.3 million, down $13.8 million from the year-earlier period.
- Operating expenses declined 67% year over year to $6.4 million.
- Operating loss was $3.0 million, compared with $2.0 million in the prior-year quarter.
- Adjusted EBITDA was a loss of $1.8 million, compared with a loss of $0.6 million a year earlier.
- As of June 30, 2026, Inuvo had $886 thousand in cash and cash equivalents and $6.2 million in restricted cash.
- For the balance of 2026, the company expects continued year-over-year Audience Modeling revenue growth and stabilized quarterly Legacy Search revenue.
$INUV Hedge Fund Activity
We have seen 9 institutional investors add shares of $INUV stock to their portfolio, and 13 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- PERKINS CAPITAL MANAGEMENT INC removed 67,280 shares (-11.6%) from their portfolio in Q2 2026, for an estimated $84,772
- GEODE CAPITAL MANAGEMENT, LLC added 30,197 shares (+23.5%) to their portfolio in Q1 2026, for an estimated $62,507
- CENTIVA CAPITAL, LP added 28,307 shares (+inf%) to their portfolio in Q1 2026, for an estimated $58,595
- DIMENSIONAL FUND ADVISORS LP removed 20,542 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $25,882
- UBS GROUP AG removed 19,125 shares (-97.7%) from their portfolio in Q1 2026, for an estimated $39,588
- SUSQUEHANNA INTERNATIONAL GROUP, LLP removed 18,830 shares (-57.4%) from their portfolio in Q1 2026, for an estimated $38,978
- VIRTU FINANCIAL LLC added 17,099 shares (+inf%) to their portfolio in Q1 2026, for an estimated $35,394
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
