YuMe Director Christopher B. Paisley Purchases 20,000 Shares (YUME)
YuMe (NASDAQ:YUME) Director Christopher B. Paisley acquired 20,000 shares of the company’s stock in a transaction dated Monday, August 18th. The shares were purchased at an average price of $4.88 per share, with a total value of $97,600.00. Following the completion of the transaction, the director now directly owns 40,000 shares in the company, valued at approximately $195,200. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Several analysts have recently commented on the stock. Analysts at Citigroup Inc. reiterated a “neutral” rating on shares of YuMe in a research note on Thursday, August 14th. They now have a $6.00 price target on the stock, down previously from $7.00. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of YuMe in a research note on Thursday, August 14th. They now have a $8.00 price target on the stock, down previously from $10.00. Finally, analysts at Piper Jaffray reiterated an “overweight” rating on shares of YuMe in a research note on Thursday, August 14th. They now have a $8.00 price target on the stock, down previously from $10.00.
Shares of YuMe (NASDAQ:YUME) traded down 0.82% during mid-day trading on Tuesday, hitting $4.85. 430,023 shares of the company’s stock traded hands. YuMe has a 1-year low of $4.72 and a 1-year high of $12.08. The stock’s 50-day moving average is $5.89 and its 200-day moving average is $6.29. The company’s market cap is $158.4 million.
YuMe (NASDAQ:YUME) last released its earnings data on Wednesday, August 13th. The company reported $0.08 earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.11) by $0.19. The company had revenue of $40.40 million for the quarter, compared to the consensus estimate of $41.50 million. On average, analysts predict that YuMe will post $-0.13 earnings per share for the current fiscal year.
YuMe, Inc is engaged in providing digital video brand advertising solutions. Its technologies serve the specific needs of brand advertisers and enable them to find and target large, brand-receptive audiences across a range of Internet-connected devices and digital media properties.
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