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YuMe (NASDAQ:YUME) Director Daniel D. Springer bought 4,313 shares of the stock in a transaction dated Wednesday, August 27th. The shares were purchased at an average cost of $5.19 per share, for a total transaction of $22,384.47. Following the acquisition, the director now directly owns 100,000 shares of the company’s stock, valued at approximately $519,000. The purchase was disclosed in a filing with the SEC, which can be accessed through this link.

Shares of YuMe (NASDAQ:YUME) opened at 5.28 on Monday. 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 $5.71 and its 200-day moving average is $6.19. The company’s market cap is $172.4 million.

YuMe (NASDAQ:YUME) last posted its quarterly earnings results on Wednesday, August 13th. The company reported $0.08 earnings per share (EPS) for the quarter, beating the 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 research firms have recently commented on YUME. 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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