Two Sigma Investments LP lowered its position in YuMe Inc (NYSE:YUME) by 41.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 82,868 shares of the business services provider’s stock after selling 59,716 shares during the quarter. Two Sigma Investments LP’s holdings in YuMe were worth $396,000 at the end of the most recent quarter.
A number of other hedge funds have also recently modified their holdings of YUME. Nationwide Fund Advisors acquired a new stake in shares of YuMe in the 3rd quarter valued at about $575,000. Russell Investments Group Ltd. raised its stake in shares of YuMe by 503.0% in the 3rd quarter. Russell Investments Group Ltd. now owns 91,230 shares of the business services provider’s stock valued at $422,000 after purchasing an additional 76,100 shares in the last quarter. GSA Capital Partners LLP acquired a new stake in shares of YuMe in the 3rd quarter valued at about $480,000. Dimensional Fund Advisors LP raised its stake in shares of YuMe by 65.7% in the 3rd quarter. Dimensional Fund Advisors LP now owns 593,729 shares of the business services provider’s stock valued at $2,749,000 after purchasing an additional 235,475 shares in the last quarter. Finally, Algert Global LLC raised its stake in shares of YuMe by 2.5% in the 4th quarter. Algert Global LLC now owns 646,499 shares of the business services provider’s stock valued at $3,090,000 after purchasing an additional 16,055 shares in the last quarter. Hedge funds and other institutional investors own 48.24% of the company’s stock.
Shares of YuMe stock opened at $3.70 on Tuesday. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.19 and a quick ratio of 2.19. YuMe Inc has a 1 year low of $3.35 and a 1 year high of $6.06.
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YuMe, Inc (YuMe) is an independent provider of multi-screen video advertising technology, connecting brand advertisers, digital media property owners and consumers of video content across a range of Internet-connected devices. The Company operating segments include Domestic and International. The Company offers advertising customers end-to-end marketing solutions by combining data-driven technologies with deep insight into audience behavior.
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