Marin Software Incorporated (NYSE:MRIN) major shareholder Esw Capital, Llc purchased 398,447 shares of the company’s stock in a transaction dated Monday, August 21st. The stock was purchased at an average price of $1.10 per share, with a total value of $438,291.70. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Large shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

Esw Capital, Llc also recently made the following trade(s):

  • On Wednesday, August 23rd, Esw Capital, Llc purchased 2,702 shares of Marin Software stock. The stock was purchased at an average price of $1.05 per share, with a total value of $2,837.10.
  • On Friday, August 18th, Esw Capital, Llc purchased 3,339 shares of Marin Software stock. The stock was purchased at an average price of $1.05 per share, with a total value of $3,505.95.
  • On Thursday, August 17th, Esw Capital, Llc purchased 181 shares of Marin Software stock. The stock was purchased at an average price of $1.10 per share, with a total value of $199.10.
  • On Thursday, August 24th, Esw Capital, Llc purchased 409,172 shares of Marin Software stock. The stock was purchased at an average price of $1.10 per share, with a total value of $450,089.20.

Shares of Marin Software Incorporated (NYSE MRIN) traded up 4.76% on Friday, hitting $1.10. The stock had a trading volume of 23,942 shares. Marin Software Incorporated has a 1-year low of $1.00 and a 1-year high of $2.74. The firm has a 50-day moving average of $1.16 and a 200 day moving average of $1.52. The company’s market capitalization is $43.50 million.

Marin Software (NYSE:MRIN) last issued its quarterly earnings data on Thursday, August 10th. The software maker reported ($0.17) EPS for the quarter, missing analysts’ consensus estimates of ($0.08) by $0.09. Marin Software had a negative return on equity of 21.25% and a negative net margin of 28.27%. The business had revenue of $18.74 million during the quarter. On average, equities analysts anticipate that Marin Software Incorporated will post ($0.33) earnings per share for the current fiscal year.

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Institutional investors have recently modified their holdings of the company. Spark Investment Management LLC boosted its position in shares of Marin Software by 47.3% in the first quarter. Spark Investment Management LLC now owns 70,392 shares of the software maker’s stock worth $126,000 after buying an additional 22,592 shares during the last quarter. Royce & Associates LP boosted its position in shares of Marin Software by 30.2% in the first quarter. Royce & Associates LP now owns 972,697 shares of the software maker’s stock worth $1,751,000 after buying an additional 225,347 shares during the last quarter. Vanguard Group Inc. boosted its position in shares of Marin Software by 59.3% in the second quarter. Vanguard Group Inc. now owns 742,727 shares of the software maker’s stock worth $966,000 after buying an additional 276,491 shares during the last quarter. Finally, Penn Capital Management Co. Inc. boosted its position in shares of Marin Software by 1.0% in the second quarter. Penn Capital Management Co. Inc. now owns 737,758 shares of the software maker’s stock worth $959,000 after buying an additional 7,448 shares during the last quarter. 32.06% of the stock is owned by institutional investors and hedge funds.

About Marin Software

Marin Software Incorporated provides a cross-channel, cross-device, enterprise marketing software platform for search, display and social advertising channels. The Company’s enterprise marketing software platform is offered as an integrated software-as-a-service (SaaS) solution for advertisers and agencies.

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