Tremor Video Inc (NYSE:TRMR)‘s stock had its “buy” rating reiterated by analysts at Jefferies Group LLC in a research note issued to investors on Sunday. They currently have a $3.25 price objective on the software maker’s stock, up from their prior price objective of $2.75. Jefferies Group LLC’s target price would indicate a potential upside of 33.20% from the company’s previous close.

Separately, Canaccord Genuity restated a “buy” rating and issued a $3.00 target price on shares of Tremor Video in a research report on Friday, May 5th.

Tremor Video (NYSE:TRMR) traded up 0.41% on Friday, hitting $2.44. The stock had a trading volume of 530,214 shares. The company’s 50 day moving average is $2.15 and its 200-day moving average is $2.17. The stock’s market cap is $122.16 million. Tremor Video has a 12 month low of $1.45 and a 12 month high of $2.76.

Tremor Video (NYSE:TRMR) last issued its quarterly earnings results on Tuesday, May 9th. The software maker reported ($0.14) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.15) by $0.01. The company had revenue of $41.40 million for the quarter, compared to the consensus estimate of $35.82 million. Tremor Video had a negative return on equity of 20.79% and a negative net margin of 12.56%. Tremor Video’s revenue for the quarter was up 19.8% on a year-over-year basis. During the same quarter in the prior year, the business posted ($0.21) earnings per share. Analysts forecast that Tremor Video will post ($0.18) EPS for the current year.

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Large investors have recently bought and sold shares of the company. Vanguard Group Inc. boosted its stake in Tremor Video by 4.4% in the first quarter. Vanguard Group Inc. now owns 995,714 shares of the software maker’s stock valued at $1,991,000 after buying an additional 41,585 shares during the period. Dimensional Fund Advisors LP boosted its stake in Tremor Video by 28.6% in the first quarter. Dimensional Fund Advisors LP now owns 217,609 shares of the software maker’s stock valued at $435,000 after buying an additional 48,384 shares during the period. S Squared Technology LLC boosted its stake in Tremor Video by 10.7% in the first quarter. S Squared Technology LLC now owns 724,735 shares of the software maker’s stock valued at $1,449,000 after buying an additional 69,903 shares during the period. Morgan Stanley boosted its stake in shares of Tremor Video by 599.8% in the first quarter. Morgan Stanley now owns 116,206 shares of the software maker’s stock worth $233,000 after buying an additional 99,601 shares during the last quarter. Finally, Royce & Associates LP boosted its stake in shares of Tremor Video by 7.4% in the fourth quarter. Royce & Associates LP now owns 1,866,506 shares of the software maker’s stock worth $4,648,000 after buying an additional 129,200 shares during the last quarter. 35.10% of the stock is owned by institutional investors.

About Tremor Video

Tremor Video, Inc is an advertising technology company. The Company provides software for video advertising effectiveness. The Company operates through online video advertising services segment. Its technology optimizes performance of video advertisement campaigns across all screens, including computers, smartphones, tablets and connected televisions.

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