The Rubicon Project Inc (RUBI) Insider Sells $51,525.00 in Stock
The Rubicon Project Inc (NYSE:RUBI) insider Blima Tuller sold 7,500 shares of the stock in a transaction on Tuesday, March 12th. The shares were sold at an average price of $6.87, for a total value of $51,525.00. Following the completion of the transaction, the insider now directly owns 149,260 shares in the company, valued at approximately $1,025,416.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
RUBI traded up $0.26 during trading on Friday, reaching $6.90. The stock had a trading volume of 1,386,168 shares, compared to its average volume of 561,041. The stock has a market cap of $356.97 million, a PE ratio of -8.12 and a beta of 1.59. The Rubicon Project Inc has a one year low of $1.65 and a one year high of $6.96.
The Rubicon Project (NYSE:RUBI) last released its earnings results on Wednesday, February 27th. The software maker reported $0.03 EPS for the quarter, beating the Zacks’ consensus estimate of ($0.05) by $0.08. The Rubicon Project had a negative return on equity of 33.92% and a negative net margin of 49.58%. As a group, equities research analysts predict that The Rubicon Project Inc will post -0.28 EPS for the current year.
A number of research firms recently commented on RUBI. Zacks Investment Research cut The Rubicon Project from a “buy” rating to a “hold” rating in a research note on Tuesday, March 12th. ValuEngine raised The Rubicon Project from a “sell” rating to a “hold” rating in a research note on Wednesday, January 2nd.
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The Rubicon Project Company Profile
The Rubicon Project, Inc 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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