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Marin Software (NASDAQ:MRIN) CEO David A. Yovanno purchased 3,185 shares of the company’s stock in a transaction dated Monday, August 11th. The shares were purchased at an average cost of $7.80 per share, with a total value of $24,843.00. Following the transaction, the chief executive officer now directly owns 3,185 shares in the company, valued at approximately $24,843. The purchase was disclosed in a legal filing with the SEC, which is available at this link.

Several analysts have recently commented on the stock. Analysts at Goldman Sachs downgraded shares of Marin Software from a “buy” rating to a “neutral” rating in a research note on Wednesday. They now have a $9.00 price target on the stock, down previously from $13.00. Separately, analysts at Stifel Nicolaus cut their price target on shares of Marin Software from $16.00 to $14.00 in a research note on Thursday, August 7th. They now have a “buy” rating on the stock. Finally, analysts at TheStreet upgraded shares of Marin Software from a “sell” rating to a “hold” rating in a research note on Thursday, June 19th.

Marin Software (NASDAQ:MRIN) opened at 7.59 on Friday. Marin Software has a 52-week low of $7.30 and a 52-week high of $14.37. The stock has a 50-day moving average of $9.6 and a 200-day moving average of $10.18. The company’s market cap is $264.2 million.

Marin Software (NASDAQ:MRIN) last posted its quarterly earnings results on Wednesday, August 6th. The company reported ($0.22) EPS for the quarter, beating the analysts’ consensus estimate of ($0.27) by $0.05. The company had revenue of $23.90 million for the quarter, compared to the consensus estimate of $23.17 million. During the same quarter last year, the company posted ($0.26) earnings per share. Marin Software’s revenue was up 31.3% compared to the same quarter last year. Analysts expect that Marin Software will post $-0.86 EPS for the current fiscal year.

Marin Software Incorporated provides cloud-based digital advertising management platform to advertisers and agencies.

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