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Marin Software (NASDAQ:MRIN) Director Paul R. Auvil III bought 1,200 shares of the company’s stock on the open market in a transaction that occurred on Friday, August 15th. The shares were purchased at an average cost of $7.55 per share, with a total value of $9,060.00. Following the completion of the purchase, the director now directly owns 21,750 shares in the company, valued at approximately $164,213. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Shares of Marin Software (NASDAQ:MRIN) traded down 0.13% on Friday, hitting $7.58. The stock had a trading volume of 354,875 shares. Marin Software has a 1-year low of $7.30 and a 1-year high of $14.37. The stock has a 50-day moving average of $9.56 and a 200-day moving average of $10.17. The company’s market cap is $263.8 million.

Marin Software (NASDAQ:MRIN) last issued its quarterly earnings data on Wednesday, August 6th. The company reported ($0.22) earnings per share (EPS) for the quarter, beating the 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 in the previous year, the company posted ($0.26) earnings per share. The company’s revenue for the quarter was up 31.3% on a year-over-year basis. On average, analysts predict that Marin Software will post $-0.86 earnings per share for the current fiscal year.

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

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