According to Zacks, “TubeMogul Inc. is an enterprise software company for digital branding. It offers a cloud-based platform that enables advertisers to plan, buy, measure, and optimize video advertising spend from a single platform. TubeMogul makes it cloud-based platform available through two offerings: Platform Direct, which allows advertisers to continuously run campaigns through a self-serve model, and Platform Services, which allows advertisers to specify campaign objectives. The Company serves advertisers, agencies, and publishers throughout world. TubeMogul, Inc. is headquartered in Emeryville, California. “
Several other research analysts have also recently commented on the company. B. Riley began coverage on TubeMogul in a research report on Monday, October 10th. They set a buy rating and a $13.00 price target for the company. Albert Fried & Company reaffirmed a buy rating and issued a $14.00 price objective on shares of TubeMogul in a research report on Sunday, October 9th. JPMorgan Chase & Co. reaffirmed a buy rating and issued a $17.00 price objective on shares of TubeMogul in a research report on Tuesday, September 27th. Citigroup Inc. cut their price objective on TubeMogul from $15.00 to $12.00 and set a buy rating for the company in a research report on Tuesday, September 13th. Finally, First Analysis cut TubeMogul from an overweight rating to an equal weight rating and cut their price objective for the company from $17.00 to $11.00 in a research report on Tuesday, August 16th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and twelve have issued a buy rating to the stock. TubeMogul presently has an average rating of Buy and a consensus target price of $14.55.
Shares of TubeMogul (NASDAQ:TUBE) opened at 8.27 on Wednesday. The firm’s market cap is $299.54 million. The company has a 50-day moving average price of $9.06 and a 200 day moving average price of $11.17. TubeMogul has a 52 week low of $8.05 and a 52 week high of $14.46.
TubeMogul (NASDAQ:TUBE) last issued its quarterly earnings results on Monday, August 8th. The company reported ($0.11) EPS for the quarter, missing the consensus estimate of ($0.07) by $0.04. TubeMogul had a negative net margin of 8.56% and a negative return on equity of 13.51%. The company had revenue of $55.40 million for the quarter, compared to analyst estimates of $58.14 million. During the same period last year, the company posted ($0.04) earnings per share. The business’s revenue for the quarter was up 22.0% on a year-over-year basis. Analysts expect that TubeMogul will post ($0.58) EPS for the current fiscal year.
In other news, CEO Brett Wilson sold 30,000 shares of TubeMogul stock in a transaction on Tuesday, August 2nd. The stock was sold at an average price of $11.06, for a total value of $331,800.00. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, major shareholder Foundation Capital Management sold 39,309 shares of TubeMogul stock in a transaction on Tuesday, October 4th. The shares were sold at an average price of $9.05, for a total value of $355,746.45. The disclosure for this sale can be found here. Company insiders own 22.20% of the company’s stock.
Several institutional investors have recently modified their holdings of TUBE. BlackRock Advisors LLC raised its position in shares of TubeMogul by 19.4% in the second quarter. BlackRock Advisors LLC now owns 9,424 shares of the company’s stock valued at $112,000 after buying an additional 1,529 shares during the last quarter. Paradigm Asset Management Co. LLC raised its position in shares of TubeMogul by 11.1% in the second quarter. Paradigm Asset Management Co. LLC now owns 10,000 shares of the company’s stock valued at $119,000 after buying an additional 1,000 shares during the last quarter. Alliancebernstein L.P. acquired a new position in shares of TubeMogul during the second quarter valued at about $126,000. A.R.T. Advisors LLC acquired a new position in shares of TubeMogul during the second quarter valued at about $137,000. Finally, American International Group Inc. raised its position in shares of TubeMogul by 24.5% in the second quarter. American International Group Inc. now owns 12,670 shares of the company’s stock valued at $151,000 after buying an additional 2,491 shares during the last quarter. Institutional investors own 60.55% of the company’s stock.
TubeMogul Company Profile
TubeMogul, Inc provides software for brand advertising. The Company’s software platform is used by advertisers to plan, buy, measure and optimize their global brand advertising. Its self-serve software platform enables advertisers to buy advertisement inventory across various advertising channels, including linear television, video-on-demand, connected television, digital video, digital display and social media.
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