Emancipation Management Lowers stake in YuMe Inc (YUME)

YuMe Inc (YUME) : Emancipation Management reduced its stake in YuMe Inc by 5.65% during the most recent quarter end. The investment management company now holds a total of 752,199 shares of YuMe Inc which is valued at $2.8 Million after selling 45,041 shares in YuMe Inc , the firm said in a disclosure report filed with the SEC on May 12, 2016.YuMe Inc makes up approximately 3.56% of Emancipation Management’s portfolio.

Other Hedge Funds, Including , Segantii Capital Management Ltd added YUME to its portfolio by purchasing 23,800 company shares during the most recent quarter which is valued at $88,774. YuMe Inc makes up approx 0.02% of Segantii Capital Management Ltd’s portfolio.Blackrock Fund Advisors reduced its stake in YUME by selling 4,864 shares or 7.62% in the most recent quarter. The Hedge Fund company now holds 58,953 shares of YUME which is valued at $219,895. Tfs Capital added YUME to its portfolio by purchasing 93,707 company shares during the most recent quarter which is valued at $349,527. YuMe Inc makes up approx 0.05% of Tfs Capital’s portfolio.

YuMe Inc opened for trading at $3.58 and hit $3.76 on the upside on Friday, eventually ending the session at $3.7, with a gain of 3.93% or 0.14 points. The heightened volatility saw the trading volume jump to 64,297 shares. Company has a market cap of $128,383 M.

On the company’s financial health, YuMe Inc reported $-0.10 EPS for the quarter, beating the analyst consensus estimate by $ 0.09 according to the earnings call on May 4, 2016. Analyst had a consensus of $-0.19. The company had revenue of $39.23 million for the quarter, compared to analysts expectations of $36.03 million. The company’s revenue was down -2.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-0.18 EPS.

YuMe Inc. is a provider of digital video brand advertising solutions. The Company’s technologies serve the specific needs of brand advertisers and enable them to find and target brand-receptive audiences across a range of Internet connected devices and digital media properties. It facilitates digital video advertising by dynamically matching relevant audiences available through its digital media property partners with appropriate advertising campaigns from its advertising customers. Its solutions are built for brand advertisers and professional digital media property owners that produce content and applications. It has built its software stack and data-science capabilities to deliver campaign results for brand advertisers and monetization for digital media property owners. It delivers television-like video advertisements which are prominently displayed before the chosen video content is displayed. It delivers these ads to audiences across Internet-connected devices and platforms.

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