Short Interest: A Reversal for Tubemogul Incorporated (NASDAQ:TUBE) Is Near. The Stock Has Decrease in Shorts

November 18, 2016 - By kentuckypostne   ·   0 Comments

Short Interest: A Reversal for Tubemogul Incorporated (NASDAQ:TUBE) Is Near. The Stock Has Decrease in Shorts

The stock of Tubemogul Incorporated (NASDAQ:TUBE) registered a decrease of 2.72% in short interest. TUBE’s total short interest was 3.31M shares in November as published by FINRA. Its down 2.72% from 3.40M shares, reported previously. With 258,000 shares average volume, it will take short sellers 13 days to cover their TUBE’s short positions. The short interest to Tubemogul Incorporated’s float is 16.27%. About 448,270 shares traded hands. TubeMogul Inc (NASDAQ:TUBE) has declined 1.20% since April 18, 2016 and is downtrending. It has underperformed by 5.63% the S&P500.

TubeMogul, Inc. provides software for brand advertising. The company has a market cap of $517.07 million. The Company’s software platform is used by advertisers to plan, buy, measure and optimize their global brand advertising. It currently has negative earnings. 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.

Insitutional Activity: The institutional sentiment decreased to 1.29 in 2016 Q2. Its down 0.59, from 1.88 in 2016Q1. The ratio is negative, 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.
Wall Street Associate has 222,843 shares for 1.06% of their US portfolio. Winslow Evans & Crocker has invested 0% of its portfolio in TubeMogul Inc (NASDAQ:TUBE). Schwab Charles Management owns 29,288 shares or 0% of their US portfolio. Blackrock Llc holds 9,424 shares or 0% of its portfolio. Comml Bank Of Mellon accumulated 77,780 shares or 0% of the stock. The Massachusetts-based Putnam Invs Limited Liability Co has invested 0.01% in TubeMogul Inc (NASDAQ:TUBE). Foundation Cap Ltd Liability Corp owns 6.71 million shares or 19.37% of their US portfolio. Blackrock Fund last reported 570,837 shares in the company. Metropolitan Life Ins reported 12,236 shares or 0% of all its holdings. The Georgia-based Voya Ltd Limited Liability Company has invested 0% in TubeMogul Inc (NASDAQ:TUBE). Fred Alger Management accumulated 0.17% or 2.65M shares. Bnp Paribas Arbitrage Sa has 0% invested in the company for 857 shares. Geode Management Limited Liability Corporation holds 126,276 shares or 0% of its portfolio. Moreover, Tower Capital Ltd Co (Trc) has 0% invested in TubeMogul Inc (NASDAQ:TUBE) for 114 shares. The California-based California State Teachers Retirement has invested 0% in TubeMogul Inc (NASDAQ:TUBE).

Insider Transactions: Since May 20, 2016, the stock had 0 insider purchases, and 18 insider sales for $2.55 million net activity. Shares for $6,170 were sold by Nakache Patricia. The insider Eadie Keith sold $76,661. LAZAR JACK R sold $50,000 worth of TubeMogul Inc (NASDAQ:TUBE) on Thursday, August 11. On Wednesday, July 20 the insider Deeds Eric sold $18,235. On Monday, August 1 Wilson Brett sold $331,650 worth of the stock or 30,000 shares. 22,842 shares were sold by ELMORE WILLIAM B, worth $286,473. Foundation Capital Management Co. VI – LLC also sold $355,875 worth of TubeMogul Inc (NASDAQ:TUBE) on Monday, October 3.

TubeMogul Inc (NASDAQ:TUBE) Ratings Coverage

Out of 9 analysts covering TubeMogul (NASDAQ:TUBE), 5 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 56% are positive. TubeMogul has been the topic of 16 analyst reports since August 10, 2015 according to StockzIntelligence Inc. As per Tuesday, August 9, the company rating was maintained by JP Morgan. The firm has “Market Perform” rating given on Tuesday, August 9 by JMP Securities. The firm has “Buy” rating given on Tuesday, September 13 by Citigroup. The stock of TubeMogul Inc (NASDAQ:TUBE) has “Buy” rating given on Tuesday, December 22 by Suntrust Robinson. The firm has “Buy” rating given on Thursday, October 6 by B. Riley & Co. BMO Capital Markets downgraded the stock to “Outperform” rating in Wednesday, August 12 report. The firm earned “Outperform” rating on Tuesday, August 11 by RBC Capital Markets. The firm has “Neutral” rating given on Friday, November 11 by Citigroup. The firm has “Neutral” rating given on Friday, November 11 by B. Riley & Co. The rating was downgraded by First Analysis on Tuesday, August 16 to “Equal-Weight”.

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.

More important recent TubeMogul Inc (NASDAQ:TUBE) news were published by: Fool.com which released: “TubeMogul Inc. Sales Rise 21% Ahead of Acquisition by Adobe” on November 11, 2016, also Businesswire.com published article titled: “TUBEMOGUL, INC. SHAREHOLDER ALERT: Former SEC Attorney Willie Briscoe and …”, Finance.Yahoo.com published: “Harwood Feffer LLP Announces Investigation of TubeMogul, Inc.” on November 11, 2016. More interesting news about TubeMogul Inc (NASDAQ:TUBE) was released by: Businesswire.com and their article: “SHAREHOLDER ALERT: Brower Piven Commences An Investigation Into The Proposed …” with publication date: November 11, 2016.

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.

By kentuckypostne


Readers Comments (0)





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>