The Rubicon Project Inc (NYSE:RUBI) CAO Blima Tuller sold 4,099 shares of the stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $5.43, for a total value of $22,257.57. Following the completion of the sale, the chief accounting officer now directly owns 164,602 shares in the company, valued at approximately $893,788.86. The transaction was disclosed in a document filed with the SEC, which is available through this link.
Blima Tuller also recently made the following trade(s):
- On Wednesday, May 20th, Blima Tuller sold 4,766 shares of The Rubicon Project stock. The shares were sold at an average price of $5.13, for a total value of $24,449.58.
NYSE:RUBI opened at $5.17 on Friday. The stock’s 50 day moving average price is $5.68 and its 200 day moving average price is $8.00. The company has a market capitalization of $563.26 million, a PE ratio of -12.02 and a beta of 1.70. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 0.14. The Rubicon Project Inc has a 52-week low of $4.09 and a 52-week high of $13.11.
The Rubicon Project (NYSE:RUBI) last released its quarterly earnings results on Wednesday, May 6th. The software maker reported ($0.06) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.14) by $0.08. The firm had revenue of $36.30 million for the quarter, compared to the consensus estimate of $35.22 million. The Rubicon Project had a negative return on equity of 14.34% and a negative net margin of 14.10%. As a group, sell-side analysts anticipate that The Rubicon Project Inc will post -0.48 EPS for the current fiscal year.
A number of large investors have recently added to or reduced their stakes in RUBI. State Street Corp grew its stake in The Rubicon Project by 37.4% during the 3rd quarter. State Street Corp now owns 1,088,673 shares of the software maker’s stock worth $9,482,000 after buying an additional 296,496 shares during the last quarter. Stifel Financial Corp purchased a new position in The Rubicon Project during the 3rd quarter worth approximately $126,000. Strs Ohio lifted its position in The Rubicon Project by 30.9% during the 4th quarter. Strs Ohio now owns 91,000 shares of the software maker’s stock worth $742,000 after acquiring an additional 21,500 shares during the period. California Public Employees Retirement System lifted its position in The Rubicon Project by 5.5% during the 4th quarter. California Public Employees Retirement System now owns 62,596 shares of the software maker’s stock worth $511,000 after acquiring an additional 3,239 shares during the period. Finally, SG Americas Securities LLC acquired a new stake in The Rubicon Project during the 4th quarter worth approximately $83,000. Hedge funds and other institutional investors own 73.96% of the company’s stock.
A number of research analysts have recently commented on RUBI shares. SunTrust Banks dropped their price objective on The Rubicon Project from $10.00 to $7.00 and set a “buy” rating on the stock in a report on Friday, April 3rd. Zacks Investment Research downgraded The Rubicon Project from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 22nd. Craig Hallum dropped their price objective on The Rubicon Project from $14.00 to $9.00 and set a “buy” rating on the stock in a report on Thursday, April 2nd. ValuEngine upgraded The Rubicon Project from a “hold” rating to a “buy” rating in a report on Thursday, April 2nd. Finally, B. Riley dropped their price objective on The Rubicon Project from $10.00 to $9.50 and set a “buy” rating on the stock in a report on Thursday, May 7th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. The Rubicon Project currently has a consensus rating of “Buy” and a consensus price target of $10.10.
The Rubicon Project Company Profile
The Rubicon Project, Inc, together with its subsidiaries, provides technology solutions to automate the purchase and sale of digital advertising inventory for buyers and sellers in the United States and internationally. It offers applications and services for digital advertising inventory sellers, including Websites, mobile applications, and other digital media properties, to sell their advertising inventory; applications and services for buyers, such as advertisers, agencies, agency trading desks, and demand side platforms, to buy advertising inventory; and a marketplace over which such transactions are executed.
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