TubeMogul Inc. (NASDAQ:TUBE) was down 4% during mid-day trading on Tuesday . The stock traded as low as $9.26 and last traded at $9.57, with a volume of 482,728 shares changing hands. The stock had previously closed at $9.97.

Several equities research analysts have recently weighed in on the stock. Albert Fried & Company reaffirmed a “buy” rating on shares of TubeMogul in a report on Sunday, May 22nd. Bank of America Corp. reaffirmed a “buy” rating on shares of TubeMogul in a report on Sunday, May 22nd. TheStreet lowered shares of TubeMogul from a “hold” rating to a “sell” rating in a report on Thursday, May 26th. Zacks Investment Research raised shares of TubeMogul from a “hold” rating to a “buy” rating and set a $13.00 target price on the stock in a report on Thursday, May 12th. Finally, Piper Jaffray Cos. reaffirmed a “buy” rating and issued a $23.00 target price on shares of TubeMogul in a report on Tuesday, May 10th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and eleven have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $16.09.

The firm’s market cap is $349.52 million. The stock’s 50-day moving average price is $11.07 and its 200-day moving average price is $12.07.

TubeMogul (NASDAQ:TUBE) last posted its earnings results on Monday, August 8th. The company reported ($0.11) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.07) by $0.04. During the same period in the prior year, the company earned ($0.04) earnings per share. The firm earned $55.40 million during the quarter, compared to the consensus estimate of $58.14 million. The business’s quarterly revenue was up 22.0% on a year-over-year basis. Analysts anticipate that TubeMogul Inc. will post ($0.52) earnings per share for the current year.

In related news, major shareholder William B. Elmore sold 39,294 shares of the firm’s stock in a transaction on Wednesday, July 6th. The stock was sold at an average price of $10.70, for a total value of $420,445.80. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Brett Wilson sold 30,000 shares of the firm’s stock in a transaction on Tuesday, August 2nd. The stock was sold at an average price of $11.06, for a total value of $331,800.00. The disclosure for this sale can be found here.

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

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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