Market Runner: Time to Buy Marin Software Inc After Today’s Huge Decline?

Market Runner: Time to Buy Marin Software Inc After Today's Huge Decline?

The stock of Marin Software Inc (NYSE:MRIN) is a huge mover today! The stock closed at $2.25 during the last session. It is up 27.18% since April 6, 2016 and is downtrending. It has underperformed by 29.14% the S&P500.
The move comes after 6 months negative chart setup for the $86.54 million company. It was reported on Nov, 8 by Barchart.com. We have $1.94 PT which if reached, will make NYSE:MRIN worth $12.12 million less.

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. The stock has “Buy” rating given by UBS on Thursday, August 6. Stifel Nicolaus maintained Marin Software Inc (NYSE:MRIN) rating on Friday, May 6. Stifel Nicolaus has “Buy” rating and $6 price target. The stock of Marin Software Inc (NYSE:MRIN) earned “Buy” rating by Deutsche Bank on Thursday, August 6. The company was downgraded on Thursday, August 25 by Stifel Nicolaus. Stifel Nicolaus maintained Marin Software Inc (NYSE:MRIN) rating on Thursday, August 6. Stifel Nicolaus has “Buy” rating and $10 price target. The firm earned “Buy” rating on Monday, February 22 by UBS.

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 worsened, 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.
Kcg last reported 0% of its portfolio in the stock. Huntington Commercial Bank holds 0% of its portfolio in Marin Software Inc (NYSE:MRIN) for 402 shares. J Goldman & Lp has 0.08% invested in the company for 653,982 shares. Deutsche State Bank Ag last reported 168,173 shares in the company. The New Mexico-based Thornburg Invest Mgmt has invested 0.04% in Marin Software Inc (NYSE:MRIN). Temasek Hldg (Private) last reported 2.53M shares in the company. Moreover, Envestnet Asset Mngmt has 0% invested in Marin Software Inc (NYSE:MRIN) for 13,284 shares. Blackrock Institutional Tru Com Na has 0% invested in the company for 13,569 shares. Grandeur Peak Global Advsr Ltd Llc has 96,400 shares for 0.06% of their US portfolio. Dimensional Fund Advsrs L P has 0% invested in the company for 22,129 shares. Tfs Limited Liability Corporation holds 12,386 shares or 0.01% of its portfolio. Mycio Wealth Prtnrs Limited Company last reported 0% of its portfolio in the stock. Goldman Sachs accumulated 0% or 66,286 shares. Tower Rech Cap Lc (Trc) owns 33,278 shares or 0.01% of their US portfolio. Jpmorgan Chase &, a New York-based fund reported 790 shares.

More 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 the news titled: “News Marin Software Inc.MRIN” on March 22, 2013. Techcrunch.com‘s news article titled: “Marin Software Buys France’s SocialMoov For Up To $20.75M” with publication date: February 05, 2015 was also an interesting one.

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.

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