ValuEngine upgraded shares of Tremor Video, Inc. (NYSE:TRMR) from a sell rating to a hold rating in a report issued on Monday.

TRMR has been the topic of a number of other reports. Canaccord Genuity restated a buy rating and set a $3.00 price objective on shares of Tremor Video in a report on Friday, May 5th. Jefferies Group LLC restated a buy rating and set a $3.25 price objective (up from $2.75) on shares of Tremor Video in a report on Sunday, May 14th. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The stock has a consensus rating of Hold and a consensus price target of $3.13.

Tremor Video (NYSE:TRMR) traded up 2.12% during trading on Monday, hitting $2.41. 67,753 shares of the stock traded hands. The company’s market capitalization is $120.79 million. Tremor Video has a one year low of $1.45 and a one year high of $2.76. The company’s 50 day moving average is $2.29 and its 200 day moving average is $2.25.

Tremor Video (NYSE:TRMR) last issued its quarterly earnings data on Thursday, August 3rd. The software maker reported ($0.05) EPS for the quarter, topping analysts’ consensus estimates of ($0.09) by $0.04. Tremor Video had a negative net margin of 7.11% and a negative return on equity of 16.26%. The business had revenue of $48.90 million for the quarter, compared to analyst estimates of $43.46 million. During the same period last year, the business posted ($0.11) earnings per share. The firm’s quarterly revenue was up 31.8% on a year-over-year basis. On average, equities analysts forecast that Tremor Video will post ($0.16) EPS for the current fiscal year.

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A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TRMR. Spark Investment Management LLC increased its position in Tremor Video by 27.4% in the second quarter. Spark Investment Management LLC now owns 252,900 shares of the software maker’s stock worth $629,000 after buying an additional 54,400 shares during the period. Evanson Asset Management LLC increased its position in Tremor Video by 30.8% in the second quarter. Evanson Asset Management LLC now owns 110,376 shares of the software maker’s stock worth $275,000 after buying an additional 26,013 shares during the period. Goldman Sachs Group Inc. increased its position in Tremor Video by 317.8% in the first quarter. Goldman Sachs Group Inc. now owns 114,789 shares of the software maker’s stock worth $230,000 after buying an additional 87,314 shares during the period. S Squared Technology LLC increased its position in Tremor Video by 10.7% in the first quarter. S Squared Technology LLC now owns 724,735 shares of the software maker’s stock worth $1,449,000 after buying an additional 69,903 shares during the period. Finally, Renaissance Technologies LLC increased its position in Tremor Video by 18.4% in the fourth quarter. Renaissance Technologies LLC now owns 1,173,100 shares of the software maker’s stock worth $2,921,000 after buying an additional 182,104 shares during the period. 36.52% of the stock is owned by institutional investors and hedge funds.

Tremor Video Company Profile

Tremor Video, Inc is an advertising technology company. The Company provides software for video advertising effectiveness. The Company operates through online video advertising services segment. Its technology optimizes performance of video advertisement campaigns across all screens, including computers, smartphones, tablets and connected televisions.

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