The stock of TubeMogul Inc (NASDAQ:TUBE) hit a new 52-week low and has $7.38 target or 13.00% below today’s $8.48 share price. The 6 months bearish chart indicates high risk for the $301.41 million company. The 1-year low was reported on Oct, 13 by Barchart.com. If the $7.38 price target is reached, the company will be worth $39.18M less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock. About 82,870 shares traded hands. TubeMogul Inc (NASDAQ:TUBE) has declined 32.48% since March 10, 2016 and is downtrending. It has underperformed by 40.00% the S&P500.
Analysts await TubeMogul Inc (NASDAQ:TUBE) to report earnings on November, 14. They expect $-0.22 EPS, down 100.00% or $0.11 from last year’s $-0.11 per share. After $-0.11 actual EPS reported by TubeMogul Inc for the previous quarter, Wall Street now forecasts 100.00% negative EPS growth.
TubeMogul Inc (NASDAQ:TUBE) Ratings Coverage
Out of 9 analysts covering TubeMogul (NASDAQ:TUBE), 7 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 78% are positive. TubeMogul has been the topic of 14 analyst reports since August 10, 2015 according to StockzIntelligence Inc. The company was maintained on Tuesday, August 11 by RBC Capital Markets. On Wednesday, August 12 the stock rating was downgraded by BMO Capital Markets to “Outperform”. Suntrust Robinson initiated TubeMogul Inc (NASDAQ:TUBE) on Tuesday, December 22 with “Buy” rating. The rating was downgraded by First Analysis to “Equal-Weight” on Tuesday, August 16. The company was downgraded on Monday, August 10 by BMO Capital Markets. On Tuesday, August 9 the stock rating was maintained by Citigroup with “Buy”. As per Tuesday, August 9, the company rating was maintained by JP Morgan. The firm has “Outperform” rating given on Tuesday, August 9 by Oppenheimer. On Thursday, October 6 the stock rating was initiated by B. Riley & Co with “Buy”. The stock of TubeMogul Inc (NASDAQ:TUBE) earned “Market Perform” rating by JMP Securities on Tuesday, August 9.
According to Zacks Investment Research, “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.”
Insitutional Activity: The institutional sentiment increased to 1.88 in Q2 2016. Its up 0.28, from 1.6 in 2016Q1. The ratio increased, as 8 funds sold all TubeMogul Inc shares owned while 18 reduced positions. 18 funds bought stakes while 31 increased positions. They now own 21.60 million shares or 1.81% less from 22.00 million shares in 2016Q1.
Liberty Mutual Group Asset Management Inc holds 0.01% of its portfolio in TubeMogul Inc (NASDAQ:TUBE) for 23,775 shares. Moreover, Barclays Pcl has 0% invested in TubeMogul Inc (NASDAQ:TUBE) for 98 shares. Bnp Paribas Arbitrage Sa holds 857 shares or 0% of its portfolio. Jpmorgan Chase Company last reported 0% of its portfolio in the stock. Timpani Mgmt Ltd reported 239,984 shares or 1.21% of all its holdings. Moreover, California State Teachers Retirement has 0% invested in TubeMogul Inc (NASDAQ:TUBE) for 46,153 shares. American Grp Incorporated accumulated 12,670 shares or 0% of the stock. Vanguard Grp has 0% invested in the company for 658,957 shares. Ubs Asset Management Americas last reported 12,600 shares in the company. Voya Investment Management Ltd Limited Liability Company holds 0% of its portfolio in TubeMogul Inc (NASDAQ:TUBE) for 11,576 shares. Moreover, Commercial Bank Of America Corp De has 0% invested in TubeMogul Inc (NASDAQ:TUBE) for 63,376 shares. Nationwide Fund has 14,322 shares for 0% of their US portfolio. Tower Research Limited Liability Corporation (Trc) last reported 114 shares in the company. Winslow Evans Crocker holds 0% of its portfolio in TubeMogul Inc (NASDAQ:TUBE) for 3,000 shares. Citadel Advisors Ltd Limited Liability Company accumulated 16,338 shares or 0% of the stock.
Insider Transactions: Since April 20, 2016, the stock had 0 insider buys, and 20 insider sales for $2.72 million net activity. The insider Wilson Brett sold $389,030. $48,704 worth of shares were sold by Toth David on Thursday, June 16. Nakache Patricia sold $4,677 worth of stock. On Friday, May 20 Deeds Eric sold $11,390 worth of the stock or 976 shares. Shares for $50,000 were sold by LAZAR JACK R on Thursday, August 11. $2,897 worth of TubeMogul Inc (NASDAQ:TUBE) shares were sold by Foundation Capital Management Co. VI – LLC. The insider ELMORE WILLIAM B sold $420,604.
More notable recent TubeMogul Inc (NASDAQ:TUBE) news were published by: Fool.com which released: “Why TubeMogul Inc’s Shares Plunged 19% in August” on September 11, 2016, also Fool.com with their article: “Why TubeMogul, Inc. Shares Plunged Today” published on August 09, 2016, Fool.com published: “TubeMogul Inc Slashes Earnings Outlook” on August 17, 2016. More interesting news about TubeMogul Inc (NASDAQ:TUBE) were released by: Fool.com and their article: “Platform Direct Growth Drives TubeMogul Inc. Sales 39% Higher” published on May 14, 2016 as well as Fool.com‘s news article titled: “Why TubeMogul, Inc. Shares Jumped Today” with publication date: August 04, 2016.
TUBE Company Profile
TubeMogul, Inc., incorporated on January 21, 2014, provides software for brand advertising. The Company’s software platform is used by advertisers to plan, buy, measure and optimize their global brand advertising. The Company’s 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. By integrating programmatic technologies and disparate sources of inventory within a single platform, it enables the clients to launch advertising campaigns onto digital devices and televisions. The Company’s clients are primarily brands and the advertising agencies that serve them. Brands refer to companies, or product lines within companies, that control advertising budgets for a single marketing brand or a group of marketing brands. Agency trading desks, advertisement networks and publishers also use its platform.
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