Royce & Associates LP Buys 88,000 Shares of Marin Software Inc (MRIN)
Royce & Associates LP boosted its stake in shares of Marin Software Inc (NYSE:MRIN) by 7.3% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 1,287,849 shares of the software maker’s stock after buying an additional 88,000 shares during the period. Royce & Associates LP owned approximately 22.79% of Marin Software worth $2,254,000 at the end of the most recent quarter.
Separately, Vanguard Group Inc. increased its stake in 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 purchasing an additional 276,491 shares during the period.
Shares of Marin Software Inc (MRIN) opened at $11.05 on Thursday. The company has a quick ratio of 3.62, a current ratio of 3.62 and a debt-to-equity ratio of 0.02. Marin Software Inc has a 52 week low of $7.00 and a 52 week high of $19.18.
Separately, ValuEngine upgraded Marin Software from a “sell” rating to a “hold” rating in a research note on Friday, October 6th.
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Marin Software Profile
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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