Insider Selling: YuMe EVP Sells 1,507 Shares of Stock (YUME)
YuMe (NASDAQ:YUME) EVP Bryan Everett unloaded 1,507 shares of YuMe stock in a transaction that occurred on Wednesday, August 20th. The shares were sold at an average price of $5.12, for a total transaction of $7,715.84. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
YuMe (NASDAQ:YUME) traded up 2.80% during mid-day trading on Friday, hitting $5.50. 331,628 shares of the company’s stock traded hands. YuMe has a 52-week low of $4.72 and a 52-week high of $12.08. The stock’s 50-day moving average is $5.80 and its 200-day moving average is $6.24. The company’s market cap is $179.6 million.
YuMe (NASDAQ:YUME) last posted its quarterly earnings results 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. Analysts expect that YuMe will post $-0.13 EPS for the current fiscal year.
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.
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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