The stock of Marin Software Inc (NYSE:MRIN) is a huge mover today! The stock increased 4.13% or $0.1 on September 30, hitting $2.52. About 96,070 shares traded hands. Marin Software Inc (NYSE:MRIN) has declined 21.17% since February 26, 2016 and is downtrending. It has underperformed by 31.60% the S&P500.
The move comes after 6 months positive chart setup for the $94.96M company. It was reported on Oct, 1 by Barchart.com. We have $7.43 PT which if reached, will make NYSE:MRIN worth $185.17M more.
Analysts await Marin Software Inc (NYSE:MRIN) to report earnings on November, 2. They expect $-0.16 EPS, up 30.43% or $0.07 from last year’s $-0.23 per share. After $-0.11 actual EPS reported by Marin Software Inc for the previous quarter, Wall Street now forecasts 45.45% negative EPS growth.
Marin Software Inc (NYSE:MRIN) Ratings Coverage
Out of 3 analysts covering Marin Software (NYSE:MRIN), 2 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 67% are positive. Marin Software has been the topic of 6 analyst reports since August 6, 2015 according to StockzIntelligence Inc. On Thursday, August 6 the stock rating was maintained by Deutsche Bank with “Buy”. The stock of Marin Software Inc (NYSE:MRIN) has “Buy” rating given on Monday, February 22 by UBS. As per Thursday, August 6, the company rating was maintained by UBS. Stifel Nicolaus maintained the stock with “Buy” rating in Thursday, August 6 report. The rating was downgraded by Stifel Nicolaus on Thursday, August 25 to “Hold”. The firm has “Buy” rating given on Friday, May 6 by Stifel Nicolaus.
According to Zacks Investment Research, “Marin Software, Inc. offers online advertising management services. Its Revenue Acquisition Management platform offers digital advertising management solutions for search, display, social media and mobile advertising. The Company’s product consists of Marin Enterprise and Marin Professional. It sells its solutions directly to advertisers and to agencies in a range of industries. Marin Software, Inc. is headquartered in San Francisco, California.”
Insitutional Activity: The institutional sentiment decreased to 0.69 in 2016 Q2. Its down 2.24, from 2.93 in 2016Q1. The ratio turned negative, as 17 funds sold all Marin Software Inc shares owned while 19 reduced positions. 11 funds bought stakes while 14 increased positions. They now own 14.66 million shares or 4.91% less from 15.41 million shares in 2016Q1.
Nationwide Fund Advsrs reported 41,779 shares or 0% of all its holdings. Caisse De Depot Et Placement Du Quebec has invested 0.01% of its portfolio in Marin Software Inc (NYSE:MRIN). Woodmont Counsel Ltd Liability Corp holds 0.03% or 40,807 shares in its portfolio. Penn Capital Management reported 1.45 million shares or 0.19% of all its holdings. Millennium Mngmt Lc accumulated 189,382 shares or 0% of the stock. State Street Corporation has 0% invested in the company for 32,000 shares. Moreover, Advisory Services Net Limited Liability Company has 0% invested in Marin Software Inc (NYSE:MRIN) for 522 shares. One Trading Ltd Partnership accumulated 5,802 shares or 0% of the stock. Stonebridge Capital Mngmt Incorporated, a California-based fund reported 55,581 shares. Geode Cap Mgmt Limited Liability has 65,390 shares for 0% of their US portfolio. New York State Common Retirement Fund accumulated 8,200 shares or 0% of the stock. Manufacturers Life Company The owns 238 shares or 0% of their US portfolio. Wetherby Asset Mngmt Inc has invested 0.01% of its portfolio in Marin Software Inc (NYSE:MRIN). Blackrock Fund has 0% invested in the company for 84,766 shares. California Public Employees Retirement Systems last reported 0% of its portfolio in the stock.
More important recent Marin Software Inc (NYSE:MRIN) news were published by: Marketwatch.com which released: “Marin Software downgraded to hold from buy at Stifel Nicolaus” on March 22, 2013, also Quotes.Wsj.com published article titled: “News Marin Software Inc.MRIN”, Techcrunch.com published: “Marin Software Buys France’s SocialMoov For Up To $20.75M” on February 05, 2015. More interesting news about Marin Software Inc (NYSE:MRIN) was released by: Techcrunch.com and their article: “Marin Software Buys Social Retargeting Co. Perfect Audience For $23M” with publication date: June 02, 2014.
MRIN Company Profile
Marin Software Incorporated, incorporated on March 16, 2006, provides a cross-channel, cross-device, enterprise marketing software platform for search, display and social advertising channels. The Company’s enterprise marketing software platform is offered as an integrated software-as-a-service (SaaS) solution for advertisers and agencies. The Company’s platform enables digital marketers to manage performance of their online advertising campaigns. The Company’s software solution is designed to help its clients measure the effectiveness of their advertising campaigns through its reporting and analytics capabilities; manage and execute campaigns through its user interface and underlying technology that streamlines and automates functions, such as advertisement creation and bidding, across multiple publishers and channels, and optimize campaigns across multiple publishers and channels based on market and business data using its predictive bid management technology. Advertisers use its platform to create, target and convert audiences based on buying signals from users’ search, social and display interactions. It has integrations with over 50 Web analytics and advertisement-serving solutions and enterprise applications, enabling clients to measure the return on investment of their marketing programs. Through an intuitive interface, the Company enables its clients to simultaneously run digital advertising campaigns across multiple publishers and channels, for marketers to create, publish, modify and optimize campaigns in real time.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.