Marin Software (NYSE:MRIN) issued its quarterly earnings data on Thursday. The software maker reported ($1.28) earnings per share for the quarter, Bloomberg Earnings reports. Marin Software had a negative net margin of 35.92% and a negative return on equity of 27.35%.
Shares of Marin Software (MRIN) traded down $0.05 on Thursday, hitting $9.10. 11,235 shares of the stock traded hands, compared to its average volume of 7,169. The company has a market capitalization of $51.44, a price-to-earnings ratio of -1.77 and a beta of 1.32. Marin Software has a 52 week low of $7.00 and a 52 week high of $16.80. The company has a debt-to-equity ratio of 0.02, a current ratio of 3.62 and a quick ratio of 3.62.
In related news, EVP Wister Walcott acquired 4,000 shares of the company’s stock in a transaction dated Thursday, February 15th. The shares were bought at an average cost of $9.68 per share, with a total value of $38,720.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 9.70% of the stock is owned by corporate insiders.
An institutional investor recently raised its position in Marin Software stock. Vanguard Group Inc. increased its holdings in shares of Marin Software Inc (NYSE:MRIN) by 59.3% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 742,727 shares of the software maker’s stock after acquiring an additional 276,491 shares during the quarter. Vanguard Group Inc. owned about 1.88% of Marin Software worth $966,000 as of its most recent filing with the SEC.
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Marin Software Company 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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