Is Marin Software Incorporated (NYSE:MRIN) a Buy? The Stock Reported more Sellers

March 21, 2018 - By Linda Rogers

 Is Marin Software Incorporated (NYSE:MRIN) a Buy? The Stock Reported more Sellers

Investors sentiment increased to 0.8 in 2017 Q3. Its up 0.09, from 0.71 in 2017Q2. It is positive, as 3 investors sold Marin Software Incorporated shares while 7 reduced holdings. 4 funds opened positions while 4 raised stakes. 7.35 million shares or 12.99% less from 8.45 million shares in 2017Q2 were reported.
Bancorp Of New York Mellon Corp stated it has 0% in Marin Software Incorporated (NYSE:MRIN). State Street Corp holds 0% in Marin Software Incorporated (NYSE:MRIN) or 19,300 shares. Northern Tru Corp holds 44,941 shares. Tower Research Cap Limited Company (Trc) invested 0% of its portfolio in Marin Software Incorporated (NYSE:MRIN). National Bank & Trust Of America De has 0% invested in Marin Software Incorporated (NYSE:MRIN) for 22,349 shares. California Employees Retirement invested in 32,200 shares. Geode Cap Llc accumulated 87,117 shares. State Of New Jersey Common Pension Fund D holds 0% or 40,000 shares in its portfolio. Two Sigma Ltd owns 31,998 shares for 0.01% of their portfolio. The Ontario – Canada-based Royal Fincl Bank Of Canada has invested 0% in Marin Software Incorporated (NYSE:MRIN). Check Cap Inc Ca has invested 0% in Marin Software Incorporated (NYSE:MRIN). The Texas-based Bridgeway Cap Management Incorporated has invested 0.01% in Marin Software Incorporated (NYSE:MRIN). Dimensional Fund Limited Partnership invested in 15,322 shares. Morgan Stanley holds 0% or 29,867 shares. Citigroup holds 0% in Marin Software Incorporated (NYSE:MRIN) or 2,700 shares.

Since October 20, 2017, it had 3 insider buys, and 0 insider sales for $5.14 million activity. Another trade for 4,000 shares valued at $38,700 was bought by Walcott Wister.

The stock of Marin Software Incorporated (NYSE:MRIN) registered an increase of 38.22% in short interest. MRIN’s total short interest was 65,100 shares in March as published by FINRA. Its up 38.22% from 47,100 shares, reported previously. With 8,900 shares average volume, it will take short sellers 7 days to cover their MRIN’s short positions. The short interest to Marin Software Incorporated’s float is 2.54%.

The stock increased 0.71% or $0.05 during the last trading session, reaching $7.05. About 7,402 shares traded. Marin Software Incorporated (NYSE:MRIN) has declined 39.81% since March 21, 2017 and is downtrending. It has underperformed by 56.51% the S&P500.

Marin Software Incorporated operates a cross-channel advertising cloud platform in the United States and internationally. The company has market cap of $40.43 million. The Company’s platform allows marketing professionals to manage their digital advertising spend across search, social, and display channels. It currently has negative earnings. The companyÂ’s platform consists of various modules, including Optimization module that helps advertisers to manage bids across publishers to meet revenue goals and identify opportunities for campaign improvements; Reporting and Analytics module that enables advertisers to report results at a business level and analyze cross-channel performance trends; and Campaign Management module, which provides the digital advertiser with an interface to create, manage, and optimize campaigns across various publishers.

Marin Software Incorporated (NYSE:MRIN) Ratings Coverage

Among 3 analysts covering Marin Software (NYSE:MRIN), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Marin Software has $10 highest and $5 lowest target. $6.67’s average target is -5.39% below currents $7.05 stock price. Marin Software had 6 analyst reports since August 6, 2015 according to SRatingsIntel. The stock has “Buy” rating by UBS on Thursday, August 6. As per Thursday, August 6, the company rating was maintained by Stifel Nicolaus. Stifel Nicolaus maintained Marin Software Incorporated (NYSE:MRIN) rating on Friday, May 6. Stifel Nicolaus has “Buy” rating and $6 target. The rating was maintained by Deutsche Bank on Thursday, August 6 with “Buy”. UBS maintained Marin Software Incorporated (NYSE:MRIN) rating on Monday, February 22. UBS has “Buy” rating and $5 target. Stifel Nicolaus downgraded the stock to “Hold” rating in Thursday, August 25 report.

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