TubeMogul Inc (TUBE) : Harvard Management Co Inc has sold out all of its stake in TubeMogul Inc during the most recent quarter, according to the disclosure filed by the company on Aug 12, 2016 with the SEC. The investment management company has sold out 22,061 shares of TubeMogul Inc which is valued at $219,728.
Other Hedge Funds, Including , Paradigm Asset Management Co boosted its stake in TUBE in the latest quarter, The investment management firm added 1,000 additional shares and now holds a total of 10,000 shares of TubeMogul Inc which is valued at $99,600. TubeMogul Inc makes up approx 0.02% of Paradigm Asset Management Co’s portfolio. Bessemer Group Inc added TUBE to its portfolio by purchasing 95 company shares during the most recent quarter which is valued at $946.Blackrock Advisors boosted its stake in TUBE in the latest quarter, The investment management firm added 1,529 additional shares and now holds a total of 9,424 shares of TubeMogul Inc which is valued at $93,863.Penserra Capital Management reduced its stake in TUBE by selling 455 shares or 21.9% in the most recent quarter. The Hedge Fund company now holds 1,623 shares of TUBE which is valued at $16,311. Spot Trading L.l.c sold out all of its stake in TUBE during the most recent quarter. The investment firm sold 10,873 shares of TUBE which is valued $114,493.
TubeMogul Inc closed down -0.02 points or -0.22% at $9.05 with 2,65,982 shares getting traded on Monday. Post opening the session at $9.14, the shares hit an intraday low of $8.86 and an intraday high of $9.14 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
On the company’s financial health, TubeMogul Inc reported $-0.11 EPS for the quarter, missing the analyst consensus estimate by $ -0.15 based on the information available during the earnings call on Aug 8, 2016. Analyst had a consensus of $0.04. The company had revenue of $55.40 million for the quarter, compared to analysts expectations of $58.19 million. The company’s revenue was up 22.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.04 EPS.
Many Wall Street Analysts have commented on TubeMogul Inc. First Analysis Sec Downgraded TubeMogul Inc on Aug 16, 2016 to ” Equal-Weight”, Price Target of the shares are set at $11.TubeMogul Inc was Downgraded by JMP Securities to ” Mkt Perform” on Aug 9, 2016.
TubeMogul Inc. is an enterprise software company for digital branding. The Company offers a platform that enables customers to launch digital video advertising campaigns onto any digital device. The Company’s customers primarily include brands companies or product lines within companies. Agency trading desks ad networks and publishers also uses its platform. The Company’s platform is integrated with public digital video ad inventory sources where individual ad impressions can be purchased utilizing real-time bidding technology (RTB). The Company offers advertisers the visibility into the inventory they purchase including enabling them to see video ad performance and viewability at any dimension of a campaign. The Company’s platform also includes a suite of safety technologies designed to prevent unacceptable ad placements and to detect and block sites with inappropriate content auto-play ad placements or fraudulent bot-driven traffic.