TubeMogul Inc. (NASDAQ:TUBE) shares saw strong trading volume on Wednesday . 822,672 shares were traded during mid-day trading, an increase of 114% from the previous session’s volume of 384,551 shares.The stock last traded at $9.73 and had previously closed at $10.04.

A number of equities analysts have recently issued reports on the stock. Bank of America Corp. restated a “buy” rating on shares of TubeMogul in a research note on Sunday, May 22nd. Albert Fried & Company reiterated a “buy” rating on shares of TubeMogul in a research report on Sunday, May 22nd. Citigroup Inc. dropped their target price on shares of TubeMogul from $18.00 to $15.00 and set a “buy” rating for the company in a research report on Tuesday. Zacks Investment Research cut shares of TubeMogul from a “buy” rating to a “hold” rating in a research report on Friday, May 13th. Finally, TheStreet cut shares of TubeMogul from a “hold” rating to a “sell” rating in a research report on Thursday, May 26th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and twelve have issued a buy rating to the company’s stock. TubeMogul currently has an average rating of “Buy” and a consensus price target of $17.18.

The firm’s market cap is $351.84 million. The stock’s 50-day moving average is $11.23 and its 200 day moving average is $12.08.

TubeMogul (NASDAQ:TUBE) last announced its earnings results on Monday, August 8th. The company reported ($0.11) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.07) by $0.04. The firm had revenue of $55.40 million for the quarter, compared to the consensus estimate of $58.14 million. The business’s revenue for the quarter was up 22.0% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.04) earnings per share. On average, equities research analysts expect that TubeMogul Inc. will post ($0.33) earnings per share for the current fiscal year.

In other news, General Counsel Eric Deeds sold 2,531 shares of the business’s stock in a transaction dated Monday, May 23rd. The shares were sold at an average price of $13.00, for a total value of $32,903.00. Following the completion of the sale, the general counsel now owns 63,796 shares of the company’s stock, valued at $829,348. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, major shareholder William B. Elmore sold 4,631 shares of the business’s stock in a transaction dated Tuesday, May 31st. The shares were sold at an average price of $12.32, for a total transaction of $57,053.92. The disclosure for this sale can be found here.

A hedge fund recently bought a new stake in TubeMogul stock. Eaton Vance Management acquired a new stake in TubeMogul Inc. (NASDAQ:TUBE) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 86,207 shares of the company’s stock, valued at approximately $1,172,000. Eaton Vance Management owned 0.25% of TubeMogul as of its most recent SEC filing.

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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