TubeMogul Inc. (NASDAQ:TUBE) saw unusually-high trading volume on Wednesday . Approximately 299,280 shares changed hands during trading, a decline of 1% from the previous session’s volume of 301,389 shares.The stock last traded at $10.80 and had previously closed at $11.01.

TUBE has been the topic of several recent analyst reports. Albert Fried & Company reiterated an “overweight” rating and set a $21.00 price objective on shares of TubeMogul in a report on Wednesday, March 16th. Citigroup Inc. initiated coverage on shares of TubeMogul in a report on Monday, April 11th. They set a “buy” rating and a $18.00 price objective on the stock. TheStreet upgraded shares of TubeMogul from a “sell” rating to a “hold” rating in a report on Wednesday, April 20th. Oppenheimer Holdings Inc. reiterated a “buy” rating and set a $18.00 price objective on shares of TubeMogul in a report on Tuesday, May 10th. Finally, Piper Jaffray Cos. reiterated a “buy” rating and set a $23.00 price objective on shares of TubeMogul in a report on Tuesday, May 10th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and twelve have given a buy rating to the stock. TubeMogul currently has an average rating of “Buy” and an average target price of $18.09.

The stock’s market cap is $387.27 million. The stock’s 50 day moving average price is $12.06 and its 200-day moving average price is $12.38.

TubeMogul (NASDAQ:TUBE) last posted its quarterly earnings data on Monday, May 9th. The company reported ($0.23) earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of ($0.23). During the same quarter in the previous year, the business posted ($0.24) earnings per share. The firm had revenue of $42.08 million for the quarter, compared to the consensus estimate of $41.77 million. The firm’s quarterly revenue was up 38.8% compared to the same quarter last year. On average, equities analysts predict that TubeMogul Inc. will post ($0.31) EPS for the current year.

In related news, major shareholder Eric Deeds sold 7,500 shares of the stock in a transaction that occurred on Thursday, April 28th. The stock was sold at an average price of $13.25, for a total transaction of $99,375.00. Following the completion of the transaction, the insider now directly owns 71,299 shares of the company’s stock, valued at $944,711.75. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, major shareholder William B. Elmore sold 22,842 shares of the stock in a transaction that occurred on Thursday, May 26th. The shares were sold at an average price of $12.54, for a total value of $286,438.68. The disclosure for this sale can be found here.

Other hedge funds and institutional investors recently modified their holdings of the company. Eaton Vance Management bought a new position in shares of TubeMogul during the fourth quarter valued at approximately $1,172,000. Russell Frank Co boosted its position in shares of TubeMogul by 23.4% in the fourth quarter. Russell Frank Co now owns 104,594 shares of the company’s stock valued at $1,410,000 after buying an additional 19,802 shares during the period. Finally, Timpani Capital Management LLC boosted its position in shares of TubeMogul by 18.9% in the fourth quarter. Timpani Capital Management LLC now owns 216,519 shares of the company’s stock valued at $2,945,000 after buying an additional 34,371 shares during the period.

TubeMogul, Inc is an enterprise software company for digital branding. The Company offers a platform that enables customers to launch digital video advertising campaigns onto any digital device. The Company’s customers primarily include brands, companies, or product lines within companies. Agency trading desks, ad networks and publishers also uses its platform.

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