TubeMogul Inc. (NASDAQ:TUBE) shares were down 3.8% during mid-day trading on Monday . The stock traded as low as $10.97 and last traded at $11.00, with a volume of 261,010 shares traded. The stock had previously closed at $11.43.

Several research analysts recently issued reports on TUBE shares. Zacks Investment Research upgraded shares of TubeMogul from a “hold” rating to a “buy” rating and set a $13.00 price target for the company in a research note on Thursday, May 12th. Citigroup Inc. started coverage on shares of TubeMogul in a research note on Monday, April 11th. They issued a “buy” rating and a $18.00 price target for the company. Piper Jaffray Cos. reiterated a “buy” rating and issued a $23.00 price target on shares of TubeMogul in a research note on Tuesday, May 10th. Oppenheimer Holdings Inc. reiterated a “buy” rating and issued a $18.00 price target on shares of TubeMogul in a research note on Tuesday, May 10th. Finally, TheStreet upgraded shares of TubeMogul from a “sell” rating to a “hold” rating in a research note on Wednesday, April 20th. One research analyst has rated the stock with a sell rating, three have given a hold rating and eleven have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $17.90.

The company’s market cap is $393.35 million. The stock’s 50 day moving average price is $11.65 and its 200 day moving average price is $12.18.

TubeMogul (NASDAQ:TUBE) last announced its quarterly earnings data on Monday, May 9th. The company reported ($0.23) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.23). The company earned $42.08 million during the quarter, compared to analysts’ expectations of $41.77 million. During the same quarter in the previous year, the business posted ($0.24) EPS. The business’s quarterly revenue was up 38.8% compared to the same quarter last year. On average, analysts forecast that TubeMogul Inc. will post ($0.30) earnings per share for the current year.

In other news, CEO Brett Wilson sold 29,734 shares of TubeMogul stock in a transaction dated Tuesday, May 3rd. The stock was sold at an average price of $13.08, for a total value of $388,920.72. Following the completion of the transaction, the chief executive officer now owns 1,401,117 shares in the company, valued at approximately $18,326,610.36. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Ashu Garg sold 6,978 shares of TubeMogul stock in a transaction dated Monday, June 6th. The shares were sold at an average price of $12.69, for a total value of $88,550.82. Following the completion of the transaction, the director now owns 3,174 shares of the company’s stock, valued at approximately $40,278.06. The disclosure for this sale can be found here.

A hedge fund recently raised its stake in TubeMogul stock. Russell Frank Co increased its stake in shares of TubeMogul Inc. (NASDAQ:TUBE) by 23.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 104,594 shares of the company’s stock after buying an additional 19,802 shares during the period. Russell Frank Co owned 0.30% of TubeMogul worth $1,410,000 at the end of the most recent quarter.

TubeMogul, Inc provides software for brand advertising. The Company’s software platform is used by advertisers to plan, buy, measure and optimize their global brand advertising. Its 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.

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