The Rubicon Project Inc (NYSE:RUBI) Director Frank Addante sold 12,500 shares of the firm’s stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $9.21, for a total transaction of $115,125.00. Following the sale, the director now owns 1,234,819 shares of the company’s stock, valued at approximately $11,372,682.99. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Frank Addante also recently made the following trade(s):

  • On Thursday, August 15th, Frank Addante sold 12,500 shares of The Rubicon Project stock. The stock was sold at an average price of $9.40, for a total transaction of $117,500.00.
  • On Monday, July 15th, Frank Addante sold 12,500 shares of The Rubicon Project stock. The stock was sold at an average price of $6.82, for a total transaction of $85,250.00.

Shares of NYSE RUBI traded up $0.10 during mid-day trading on Thursday, reaching $9.56. 15,396 shares of the company were exchanged, compared to its average volume of 735,631. The company’s 50-day simple moving average is $9.75 and its 200-day simple moving average is $7.20. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 0.08. The stock has a market capitalization of $513.47 million, a P/E ratio of -11.26 and a beta of 1.67. The Rubicon Project Inc has a twelve month low of $3.00 and a twelve month high of $10.85.

The Rubicon Project (NYSE:RUBI) last posted its earnings results on Wednesday, July 31st. The software maker reported ($0.15) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.21) by $0.06. The company had revenue of $37.87 million during the quarter, compared to analysts’ expectations of $35.65 million. The Rubicon Project had a negative net margin of 26.05% and a negative return on equity of 19.85%. As a group, equities research analysts expect that The Rubicon Project Inc will post -0.54 EPS for the current year.

Several hedge funds and other institutional investors have recently bought and sold shares of RUBI. Bank of Montreal Can acquired a new stake in The Rubicon Project during the 2nd quarter worth approximately $25,000. Aperio Group LLC acquired a new stake in The Rubicon Project during the 2nd quarter worth approximately $48,000. Fox Run Management L.L.C. acquired a new stake in The Rubicon Project during the 2nd quarter worth approximately $64,000. Marshall Wace North America L.P. acquired a new stake in The Rubicon Project during the 2nd quarter worth approximately $65,000. Finally, 361 Capital LLC acquired a new stake in The Rubicon Project during the 1st quarter worth approximately $75,000. Institutional investors own 65.37% of the company’s stock.

Separately, Zacks Investment Research cut shares of The Rubicon Project from a “buy” rating to a “hold” rating in a research note on Wednesday, July 31st. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. The Rubicon Project has a consensus rating of “Buy” and a consensus price target of $7.42.

The Rubicon Project Company Profile

The Rubicon Project, Inc, together with its subsidiaries, provides technology solutions to automate the purchase and sale of digital advertising inventory for buyers and sellers in the United States and internationally. It offers applications and services for digital advertising inventory sellers, including Websites, mobile applications, and other digital media properties, to sell their advertising inventory; applications and services for buyers, such as advertisers, agencies, agency trading desks, and demand side platforms, to buy advertising inventory; and a marketplace over which such transactions are executed.

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Insider Buying and Selling by Quarter for The Rubicon Project (NYSE:RUBI)

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