The Rubicon Project Inc (NYSE:RUBI) CAO Blima Tuller sold 2,860 shares of the firm’s stock in a transaction dated Thursday, May 16th. The stock was sold at an average price of $6.19, for a total transaction of $17,703.40. Following the completion of the transaction, the chief accounting officer now owns 146,400 shares of the company’s stock, valued at $906,216. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Blima Tuller also recently made the following trade(s):

  • On Tuesday, March 12th, Blima Tuller sold 7,500 shares of The Rubicon Project stock. The stock was sold at an average price of $6.87, for a total transaction of $51,525.00.

Shares of NYSE RUBI traded up $0.04 during mid-day trading on Friday, reaching $6.24. The company had a trading volume of 773,300 shares, compared to its average volume of 692,646. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.25 and a quick ratio of 1.25. The firm has a market capitalization of $330.85 million, a price-to-earnings ratio of -7.34 and a beta of 1.59. The Rubicon Project Inc has a 12-month low of $2.19 and a 12-month high of $7.50.

The Rubicon Project (NYSE:RUBI) last posted its quarterly earnings results on Wednesday, May 1st. The software maker reported ($0.14) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.20) by $0.06. The business had revenue of $32.42 million during the quarter, compared to analyst estimates of $31.20 million. The Rubicon Project had a negative net margin of 35.21% and a negative return on equity of 23.77%. On average, analysts predict that The Rubicon Project Inc will post -0.66 EPS for the current year.

Several hedge funds and other institutional investors have recently bought and sold shares of RUBI. Weiss Asset Management LP bought a new position in The Rubicon Project during the first quarter valued at approximately $128,000. Jane Street Group LLC bought a new position in The Rubicon Project during the first quarter valued at approximately $122,000. BlueCrest Capital Management Ltd raised its position in The Rubicon Project by 57.4% during the first quarter. BlueCrest Capital Management Ltd now owns 52,130 shares of the software maker’s stock valued at $317,000 after acquiring an additional 19,016 shares in the last quarter. SEI Investments Co bought a new position in The Rubicon Project during the first quarter valued at approximately $599,000. Finally, Goldman Sachs Group Inc. raised its position in The Rubicon Project by 209.1% during the first quarter. Goldman Sachs Group Inc. now owns 311,095 shares of the software maker’s stock valued at $1,891,000 after acquiring an additional 210,451 shares in the last quarter. 62.86% of the stock is owned by institutional investors and hedge funds.

Several research analysts have commented on RUBI shares. Zacks Investment Research cut shares of The Rubicon Project from a “hold” rating to a “sell” rating in a report on Thursday, January 17th. B. Riley started coverage on shares of The Rubicon Project in a report on Wednesday, April 17th. They issued a “buy” rating and a $9.00 target price for the company. Finally, ValuEngine upgraded shares of The Rubicon Project from a “hold” rating to a “buy” rating in a report on Wednesday, April 24th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $7.00.

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About The Rubicon Project

The Rubicon Project, Inc, together with its subsidiaries, provides technology solutions to automate the purchase and sale of digital advertising inventory for buyers and sellers in the United States and internationally. It offers applications and services for digital advertising inventory sellers, including Websites, mobile applications, and other digital media properties, to sell their advertising inventory; applications and services for buyers, such as advertisers, agencies, agency trading desks, and demand side platforms, to buy advertising inventory; and a marketplace over which such transactions are executed.

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Insider Buying and Selling by Quarter for The Rubicon Project (NYSE:RUBI)

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