The Rubicon Project Inc (RUBI) Insider Blima Tuller Sells 7,500 Shares

The Rubicon Project Inc (NYSE:RUBI) insider Blima Tuller sold 7,500 shares of the company’s stock in a transaction that occurred on Tuesday, March 12th. The stock was sold at an average price of $6.87, for a total value of $51,525.00. Following the transaction, the insider now directly owns 149,260 shares in the company, valued at $1,025,416.20. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

Shares of The Rubicon Project stock traded down $0.24 on Thursday, hitting $6.64. The company had a trading volume of 874,526 shares, compared to its average volume of 544,540. The company has a market cap of $356.97 million, a PE ratio of -7.81 and a beta of 1.59. The Rubicon Project Inc has a 1 year low of $1.65 and a 1 year high of $6.95.

The Rubicon Project (NYSE:RUBI) last issued its quarterly earnings data on Wednesday, February 27th. The software maker reported $0.03 EPS for the quarter, topping the consensus estimate of ($0.05) by $0.08. The Rubicon Project had a negative return on equity of 33.92% and a negative net margin of 49.58%. Equities analysts expect that The Rubicon Project Inc will post -0.28 EPS for the current fiscal year.

A number of research analysts recently weighed in on the company. Zacks Investment Research downgraded The Rubicon Project from a “buy” rating to a “hold” rating in a research note on Tuesday. ValuEngine raised The Rubicon Project from a “sell” rating to a “hold” rating in a research note on Wednesday, January 2nd.

Several institutional investors have recently modified their holdings of the company. Northern Trust Corp raised its stake in shares of The Rubicon Project by 3.9% in the fourth quarter. Northern Trust Corp now owns 132,380 shares of the software maker’s stock worth $494,000 after purchasing an additional 4,920 shares during the last quarter. Cetera Advisor Networks LLC purchased a new stake in shares of The Rubicon Project in the fourth quarter worth approximately $46,000. Two Sigma Advisers LP raised its stake in shares of The Rubicon Project by 3.6% in the fourth quarter. Two Sigma Advisers LP now owns 456,325 shares of the software maker’s stock worth $1,702,000 after purchasing an additional 15,700 shares during the last quarter. California Public Employees Retirement System raised its stake in shares of The Rubicon Project by 13.8% in the fourth quarter. California Public Employees Retirement System now owns 137,090 shares of the software maker’s stock worth $511,000 after purchasing an additional 16,644 shares during the last quarter. Finally, BlackRock Inc. raised its stake in shares of The Rubicon Project by 3.0% in the third quarter. BlackRock Inc. now owns 792,302 shares of the software maker’s stock worth $2,853,000 after purchasing an additional 23,298 shares during the last quarter. 63.90% of the stock is owned by hedge funds and other institutional investors.

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About The Rubicon Project

The Rubicon Project, Inc 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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