Insider Buying: RTB Digital, Inc. Common Stock (NASDAQ:RTB) Major Shareholder Acquires $91,520.00 in Stock

RTB Digital, Inc. Common Stock (NASDAQ:RTB) major shareholder Jason Christopher Dorsett acquired 11,000 shares of RTB Digital, Inc. Common Stock stock in a transaction on Monday, September 21st. The shares were purchased at an average cost of $8.32 per share, for a total transaction of $91,520.00. Following the acquisition, the insider owned 4,204,028 shares in the company, valued at approximately $34,977,512.96. This represents a 0.26% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

Jason Christopher Dorsett also recently made the following trade(s):

• On Thursday, September 17th, Jason Christopher Dorsett bought 19,000 shares of RTB Digital, Inc. Common Stock stock. The stock was purchased at an average cost of $10.36 per share, with a total value of $196,840.00.

RTB Digital, Inc. Common Stock Trading Down 0.5%

RTB stock opened at $10.27 on Friday. The company has a quick ratio of 1.37, a current ratio of 1.37 and a debt-to-equity ratio of 0.05. RTB Digital, Inc. Common Stock has a twelve month low of $3.25 and a twelve month high of $20.75. The company has a market cap of $143.88 million, a P/E ratio of -1.61 and a beta of 2.14. The business has a fifty day moving average of $13.20 and a 200-day moving average of $9.62.

RTB Digital, Inc. Common Stock (NASDAQ:RTB) last announced its quarterly earnings data on Friday, August 14th. The company reported ($1.24) earnings per share for the quarter. The firm had revenue of $2.33 million for the quarter. RTB Digital, Inc. Common Stock had a negative return on equity of 342.57% and a negative net margin of 216.56%.

Analyst Upgrades and Downgrades

RTB has been the topic of several analyst reports. Wall Street Zen upgraded shares of RTB Digital, Inc. Common Stock from a “sell” rating to a “hold” rating in a report on Saturday, July 18th. Weiss Ratings upgraded shares of RTB Digital, Inc. Common Stock from a “sell (e)” rating to a “sell (e+)” rating in a research report on Wednesday, September 16th. One investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Reduce”.

RTB Digital, Inc. Common Stock Company Profile

Ryvyl Inc, a technology company, engages in the development, marketing, and sale of blockchain-based payment solutions in North America, Europe, and Asia. The company's blockchain-based systems facilitate, record, and store a volume of tokenized assets representing cash or data on a blockchain-based ledger. Its products include QuickCard Payment System, a physical and virtual payment card processing management system, including software that facilitates on and off ramp e-wallet management; Coyni, a digital token platform, which offers custodial assurance by utilizing its stable coin and blockchain technology in a closed-loop ecosystem; and ChargeSavvy, an end-to-end POS solution comprising software and hardware for the restaurant and hospitality industry.