Insider Buying: Tremor Video Director Acquires 2,500 Shares of Stock (TRMR)
Tremor Video (NASDAQ:TRMR) Director Rachel Lam bought 2,500 shares of the company’s stock in a transaction dated Monday, August 11th. The shares were purchased at an average cost of $3.25 per share, for a total transaction of $8,125.00. Following the completion of the acquisition, the director now directly owns 10,500 shares in the company, valued at approximately $34,125. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Tremor Video (NASDAQ:TRMR) traded down 1.66% during mid-day trading on Tuesday, hitting $2.97. 284,731 shares of the company’s stock traded hands. Tremor Video has a 1-year low of $3.01 and a 1-year high of $11.09. The stock’s 50-day moving average is $3.94 and its 200-day moving average is $4.24. The company’s market cap is $149.7 million.
Tremor Video (NASDAQ:TRMR) last posted its quarterly earnings results on Wednesday, August 6th. The company reported ($0.11) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.13) by $0.02. The company had revenue of $43.70 million for the quarter, compared to the consensus estimate of $40.20 million. During the same quarter in the previous year, the company posted ($0.04) earnings per share. The company’s revenue for the quarter was up 23.1% on a year-over-year basis. On average, analysts predict that Tremor Video will post $-0.36 earnings per share for the current fiscal year.
Tremor Video, Inc(NASDAQ:TRMR) is a provider of technology-driven video advertising solutions enabling brand advertisers to engage consumers across multiple Internet-connected devices, including computers, smartphones, tablets and connected televisions.
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