Royce & Associates LP lessened its holdings in Marin Software Inc (NYSE:MRIN) by 14.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 167,673 shares of the software maker’s stock after selling 29,394 shares during the quarter. Royce & Associates LP owned 2.93% of Marin Software worth $973,000 as of its most recent filing with the Securities and Exchange Commission.

Separately, ValuEngine raised Marin Software from a “strong sell” rating to a “sell” rating in a report on Saturday, June 2nd.

Shares of MRIN opened at $3.39 on Friday. Marin Software Inc has a twelve month low of $3.25 and a twelve month high of $15.45. The company has a quick ratio of 3.15, a current ratio of 3.15 and a debt-to-equity ratio of 0.02.

About Marin Software

Marin Software Incorporated operates a cross-channel, cross-device, enterprise marketing software platform in the United States and internationally. Its platform allows marketing professionals to manage their digital advertising spend across search, social, and display advertising channels. The company's platform consists of various modules, including Optimization module that helps advertisers to manage bids across publishers to meet revenue goals and identify opportunities for campaign improvements; Reporting and Analytics module that enables advertisers to report results at a business level and analyze cross-channel performance trends; Campaign Management module, which provides the digital advertiser with an interface to create, manage, and optimize campaigns across various publishers; and Connect module that enables advertisers to automate and streamline the capture of revenue, cost, and audience data from a range of sources, such as advertisement servers, analytics systems, CRM platforms, publishers, and third party databases.

Recommended Story: Leveraged Buyout (LBO) Explained

Want to see what other hedge funds are holding MRIN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Marin Software Inc (NYSE:MRIN).

Institutional Ownership by Quarter for Marin Software (NYSE:MRIN)

Receive News & Ratings for Marin Software Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Marin Software and related companies with MarketBeat.com's FREE daily email newsletter.