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YuMe (NASDAQ:YUME) CFO Anthony Carvalho sold 3,097 shares of the stock on the open market in a transaction dated Wednesday, August 20th. The stock was sold at an average price of $5.12, for a total value of $15,856.64. Following the completion of the transaction, the chief financial officer now directly owns 11,820 shares of the company’s stock, valued at approximately $60,518. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

YuMe (NASDAQ:YUME) opened at 5.50 on Monday. YuMe has a one year low of $4.72 and a one year 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 released its earnings data on Wednesday, August 13th. The company reported $0.08 EPS for the quarter, beating the Thomson Reuters 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.

A number of analysts have recently weighed in on YUME shares. 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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