YuMe Inc (YUME) Shares Sold by Spark Investment Management LLC
Spark Investment Management LLC lowered its stake in YuMe Inc (NYSE:YUME) by 27.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 229,700 shares of the business services provider’s stock after selling 87,000 shares during the period. Spark Investment Management LLC’s holdings in YuMe were worth $1,097,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. Wells Fargo & Company MN raised its holdings in shares of YuMe by 233.7% in the fourth quarter. Wells Fargo & Company MN now owns 25,808 shares of the business services provider’s stock worth $123,000 after buying an additional 18,074 shares during the last quarter. K2 Principal Fund L.P. purchased a new position in shares of YuMe in the third quarter worth $232,000. Bank of New York Mellon Corp raised its holdings in shares of YuMe by 54.4% in the third quarter. Bank of New York Mellon Corp now owns 52,517 shares of the business services provider’s stock worth $243,000 after buying an additional 18,508 shares during the last quarter. Northern Trust Corp raised its holdings in shares of YuMe by 4.3% in the second quarter. Northern Trust Corp now owns 56,851 shares of the business services provider’s stock worth $267,000 after buying an additional 2,333 shares during the last quarter. Finally, Russell Investments Group Ltd. raised its holdings in shares of YuMe by 503.0% in the third quarter. Russell Investments Group Ltd. now owns 91,230 shares of the business services provider’s stock worth $422,000 after buying an additional 76,100 shares during the last quarter. 48.24% of the stock is owned by institutional investors and hedge funds.
YuMe Inc (NYSE YUME) opened at $3.70 on Friday. The stock has a market cap of $129.30, a price-to-earnings ratio of 15.42 and a beta of 0.17. YuMe Inc has a fifty-two week low of $3.35 and a fifty-two week high of $6.06. The company has a quick ratio of 2.19, a current ratio of 2.19 and a debt-to-equity ratio of 0.01.
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YuMe, Inc (YuMe) is an independent provider of multi-screen video advertising technology, connecting brand advertisers, digital media property owners and consumers of video content across a range of Internet-connected devices. The Company operating segments include Domestic and International. The Company offers advertising customers end-to-end marketing solutions by combining data-driven technologies with deep insight into audience behavior.
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