The stock of TubeMogul Inc (NASDAQ:TUBE) is a huge mover today! About 21.05 million shares traded hands or 6802.18% up from the average. TubeMogul Inc (NASDAQ:TUBE) has declined 45.49% since April 8, 2016 and is downtrending. It has underperformed by 51.14% the S&P500.
The move comes after 9 months positive chart setup for the $503.60M company. It was reported on Nov, 10 by Barchart.com. We have $21.19 PT which if reached, will make NASDAQ:TUBE worth $261.87M more.
Analysts await TubeMogul Inc (NASDAQ:TUBE) to report earnings on November, 14. They expect $-0.22 earnings per share, down 100.00% or $0.11 from last year’s $-0.11 per share. After $-0.11 actual earnings per share 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 rating was initiated by B. Riley & Co with “Buy” on Thursday, October 6. JMP Securities downgraded TubeMogul Inc (NASDAQ:TUBE) on Tuesday, August 9 to “Market Perform” rating. BMO Capital Markets downgraded it to “Outperform” rating and $15 target price in Wednesday, August 12 report. First Analysis downgraded the stock to “Equal-Weight” rating in Tuesday, August 16 report. RBC Capital Markets maintained it with “Outperform” rating and $18 target price in Tuesday, August 11 report. BMO Capital Markets downgraded TubeMogul Inc (NASDAQ:TUBE) on Monday, August 10 to “Outperform” rating. Citigroup maintained the stock with “Buy” rating in Tuesday, August 9 report. The rating was maintained by Citigroup on Tuesday, September 13 with “Buy”. On Tuesday, December 22 the stock rating was initiated by Suntrust Robinson with “Buy”. The stock of TubeMogul Inc (NASDAQ:TUBE) has “Outperform” rating given on Tuesday, August 9 by Oppenheimer.
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.
Citadel Advsrs reported 16,338 shares or 0% of all its holdings. Art Ltd accumulated 0.01% or 11,578 shares. Ladenburg Thalmann Finance Svcs last reported 500 shares in the company. The California-based California Employees Retirement Systems has invested 0% in TubeMogul Inc (NASDAQ:TUBE). New York State Common Retirement Fund last reported 12,800 shares in the company. Barclays Public Limited reported 98 shares or 0% of all its holdings. Schwab Charles Inv Mgmt Incorporated accumulated 0% or 29,288 shares. California State Teachers Retirement System last reported 0% of its portfolio in the stock. Bnp Paribas Arbitrage Sa holds 857 shares or 0% of its portfolio. State Street Corp has 304,206 shares for 0% of their US portfolio. Creative Planning accumulated 0% or 700 shares. Baker Avenue Asset Lp accumulated 0.04% or 19,990 shares. Strs Ohio has 0% invested in the company for 400 shares. Timpani Cap Ltd Liability owns 239,984 shares or 1.21% of their US portfolio. Tocqueville Asset Mngmt Limited Partnership accumulated 0.01% or 35,000 shares.
Insider Transactions: Since May 20, 2016, the stock had 0 buys, and 19 sales for $2.56 million net activity. Another trade for 5,000 shares valued at $50,000 was made by LAZAR JACK R on Thursday, August 11. Shares for $3,366 were sold by ELMORE WILLIAM B. Another trade for 30,000 shares valued at $256,913 was sold by Wilson Brett. Deeds Eric sold 2,531 shares worth $32,903. Foundation Capital Management Co. VI – LLC had sold 268 shares worth $2,897. $48,704 worth of TubeMogul Inc (NASDAQ:TUBE) shares were sold by Toth David. Shares for $76,661 were sold by Eadie Keith on Friday, October 14.
More important recent TubeMogul Inc (NASDAQ:TUBE) news were published by: Nasdaq.com which released: “Earnings Reaction History: TUBEMOGUL INC, 28.6% Follow-Through Indicator, 14.6 …” on November 09, 2016, also Fool.com published article titled: “Why TubeMogul, Inc. Shares Plunged Today”, Fool.com published: “TubeMogul Inc Slashes Earnings Outlook” on August 17, 2016. More interesting news about TubeMogul Inc (NASDAQ:TUBE) was released by: Fool.com and their article: “Why TubeMogul Inc’s Shares Plunged 19% in August” with publication date: September 11, 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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