Rubicon Project, Inc. (RUBI) Files Form 4 Insider Selling : David Day Sells 1,000 Shares

Rubicon Project, Inc. (RUBI): David Day , Chief Accounting Officer of Rubicon Project, Inc. sold 1,000 shares on Apr 20, 2016. The Insider selling transaction was reported by the company on Apr 22, 2016 to the Securities and Exchange Commission. The shares were sold at $19.90 per share for a total value of $19,900.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 19, 2016, Lisa L Troe (director) sold 2,150 shares at $19.20 per share price.On Apr 19, 2016, David Day (Chief Accounting Officer) sold 19,000 shares at $19.90 per share price.Also, On Apr 18, 2016, Todd L Tappin (CFO & COO) sold 211,732 shares at $19.65 per share price.On Feb 18, 2016, Gregory R Raifman (President) sold 7,031 shares at $12.39 per share price.

Shares of The Rubicon Project Inc (RUBI) ended Wednesday, Apr 20, 2016 session in red amid volatile trading. The shares closed down -0.05 points or -0.25% at $20.08 with 3,11,658 shares getting traded. Post opening the session at $20.21, the shares hit an intraday low of $19.974 and an intraday high of $20.37 and the price vacillated in this range throughout the day. The company has a market cap of $947 M and the number of outstanding shares has been calculated to be 4,71,78,441 shares. The 52-week high of The Rubicon Project Inc is $20.37 and the 52-week low is $11.72.

The Rubicon Project Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.The Rubicon Project Inc is Initiated by Citigroup to Buy and the brokerage firm has set the Price Target at $26. The Rating was issued on Apr 12, 2016.The Rubicon Project Inc is Initiated by Cantor Fitzgerald to Buy. The Rating was issued on Apr 5, 2016.The Rubicon Project Inc is Reiterated by RBC Capital Mkts to Outperform while Lowering the Price Target of the company shares to $ 22 from a previous price target of $26 . The Rating was issued on Feb 24, 2016.The Rubicon Project Inc is Initiated by Morgan Stanley to Equal-Weight. The Rating was issued on Jan 26, 2016.

The Rubicon Project Inc. is a technology company that focuses to automate the buying and selling of advertising. The Company’s Advertising Automation Cloud platform provides user reach and a marketplace for the real time trading of digital advertising between buyers and sellers. Buyers of digital advertising use its platform to reach around 600 million Internet users globally on some of the sellers’ Websites and applications. Sellers of digital advertising use its platform for advertising while accessing a market of buyers representing advertiser brands around the world. Its Advertising Automation Cloud features applications for digital advertising sellers including Websites mobile applications and other digital media properties to sell advertising inventory; applications for buyers including advertisers agencies agency trading desks (ATDs) demand side platforms (DSPs) and ad networks to buy advertising inventory and a marketplace where such transactions are executed.

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