Insider Buying: Tremor Video Insider Acquires 5,000 Shares of Stock (TRMR)
Tremor Video (NASDAQ:TRMR) Insider William C. Day bought 5,000 shares of the company’s stock in a transaction that occurred on Thursday, August 21st. The stock was purchased at an average price of $2.95 per share, with a total value of $14,750.00. Following the completion of the acquisition, the insider now directly owns 38,000 shares of the company’s stock, valued at approximately $112,100. The purchase was disclosed in a filing with the SEC, which is available at this link.
Tremor Video (NASDAQ:TRMR) traded down 2.61% on Monday, hitting $2.98. 92,094 shares of the company’s stock traded hands. Tremor Video has a one year low of $2.90 and a one year high of $11.09. The stock has a 50-day moving average of $3.51 and a 200-day moving average of $4.15. The company’s market cap is $151.5 million.
Tremor Video (NASDAQ:TRMR) last announced its earnings results on Wednesday, August 6th. The company reported ($0.11) earnings per share for the quarter, beating the analysts’ 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 last year, the company posted ($0.04) earnings per share. Tremor Video’s revenue was up 23.1% compared to the same quarter last year. 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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