Albert Fried & Company reissued their buy rating on shares of TubeMogul Inc. (NASDAQ:TUBE) in a research note released on Sunday morning. They currently have a $14.00 target price on the stock.

Several other research analysts have also recently issued reports on TUBE. Citigroup Inc. cut their price objective on TubeMogul from $18.00 to $15.00 and set a buy rating for the company in a research report on Tuesday, August 9th. Stephens reiterated a buy rating on shares of TubeMogul in a research report on Wednesday, June 15th. B. Riley began coverage on TubeMogul in a research report on Wednesday. They issued a buy rating and a $13.00 price objective for the company. JPMorgan Chase & Co. reiterated a buy rating and issued a $17.00 price objective on shares of TubeMogul in a research report on Tuesday, September 27th. Finally, First Analysis cut TubeMogul from an overweight rating to an equal weight rating and cut their price objective for the stock from $17.00 to $11.00 in a research report on Tuesday, August 16th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and twelve have issued a buy rating to the company. The company presently has an average rating of Buy and a consensus target price of $15.00.

Analyst Recommendations for TubeMogul (NASDAQ:TUBE)

TubeMogul (NASDAQ:TUBE) opened at 8.83 on Friday. TubeMogul has a 12 month low of $8.75 and a 12 month high of $14.46. The stock’s 50 day moving average is $9.15 and its 200 day moving average is $11.34. The firm’s market cap is $319.82 million.

TubeMogul (NASDAQ:TUBE) last issued its quarterly earnings results on Monday, August 8th. The company reported ($0.11) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.07) by $0.04. TubeMogul had a negative return on equity of 13.51% and a negative net margin of 8.56%. The company had revenue of $55.40 million for the quarter, compared to analyst estimates of $58.14 million. During the same period in the prior year, the business earned ($0.04) earnings per share. TubeMogul’s revenue for the quarter was up 22.0% compared to the same quarter last year. On average, equities analysts forecast that TubeMogul will post ($0.58) earnings per share for the current year.

In related news, major shareholder Foundation Capital Management sold 39,309 shares of TubeMogul stock in a transaction dated Tuesday, October 4th. The stock was sold at an average price of $9.05, for a total transaction of $355,746.45. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Brett Wilson sold 30,000 shares of TubeMogul stock in a transaction dated Friday, July 15th. The stock was sold at an average price of $11.25, for a total value of $337,500.00. The disclosure for this sale can be found here. Corporate insiders own 22.20% of the company’s stock.

A number of hedge funds have recently bought and sold shares of TUBE. Murphy Michael R boosted its stake in TubeMogul by 12.7% in the second quarter. Murphy Michael R now owns 2,478,190 shares of the company’s stock worth $29,490,000 after buying an additional 278,871 shares in the last quarter. Adage Capital Partners GP L.L.C. boosted its stake in TubeMogul by 5.7% in the first quarter. Adage Capital Partners GP L.L.C. now owns 1,050,200 shares of the company’s stock worth $13,590,000 after buying an additional 56,481 shares in the last quarter. Elk Creek Partners LLC boosted its stake in TubeMogul by 20.8% in the second quarter. Elk Creek Partners LLC now owns 1,010,201 shares of the company’s stock worth $6,098,000 after buying an additional 173,633 shares in the last quarter. Vanguard Group Inc. boosted its stake in TubeMogul by 6.7% in the second quarter. Vanguard Group Inc. now owns 658,957 shares of the company’s stock worth $7,843,000 after buying an additional 41,263 shares in the last quarter. Finally, BlackRock Fund Advisors boosted its stake in TubeMogul by 42.2% in the second quarter. BlackRock Fund Advisors now owns 570,837 shares of the company’s stock worth $6,793,000 after buying an additional 169,455 shares in the last quarter. Hedge funds and other institutional investors own 60.49% of the company’s stock.

About TubeMogul

TubeMogul, Inc provides software for brand advertising. The Company’s software platform is used by advertisers to plan, buy, measure and optimize their global brand advertising. Its self-serve software platform enables advertisers to buy advertisement inventory across various advertising channels, including linear television, video-on-demand, connected television, digital video, digital display and social media.

5 Day Chart for NASDAQ:TUBE

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