1 week Ago By Defense World Staff
Bank of Montreal Can acquired a new position in shares of Digital Turbine, Inc. ( NASDAQ:APPS – Free Report ) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 45,836 shares of the software maker’s stock, valued at approximately $77,000.
Other institutional investors and hedge funds have also bought and sold shares of the company. Barclays PLC boosted its position in shares of Digital Turbine by 62.5% during the 3rd quarter.
Barclays PLC now owns 252,673 shares of the software maker’s stock worth $776,000 after acquiring an additional 97,196 shares in the last quarter. Geode Capital Management LLC lifted its stake in Digital Turbine by 8.4% during the third quarter.
Geode Capital Management LLC now owns 2,334,648 shares of the software maker’s stock worth $7,169,000 after purchasing an additional 181,032 shares during the last quarter. Franklin Resources Inc. acquired a new stake in shares of Digital Turbine in the 3rd quarter valued at $185,000.
JPMorgan Chase & Co. increased its stake in shares of Digital Turbine by 719.6% in the 3rd quarter.
JPMorgan Chase & Co. now owns 387,834 shares of the software maker’s stock valued at $1,191,000 after purchasing an additional 340,512 shares during the last quarter. Finally, Baader Bank Aktiengesellschaft raised its holdings in shares of Digital Turbine by 22.
1% during the 4th quarter. Baader Bank Aktiengesellschaft now owns 532,325 shares of the software maker’s stock worth $899,000 after buying an additional 96,393 shares in the last quarter. Institutional investors own 63.
66% of the company’s stock. Wall Street Analysts Forecast Growth Separately, StockNews.com lowered shares of Digital Turbine from a “hold” rating to a “sell” rating in a report on Monday, March 24th.
Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and one has assigned a buy rating to the company. According to MarketBeat.com, Digital Turbine currently has an average rating of “Hold” and a consensus target price of $2.
38. Digital Turbine Price Performance Shares of APPS opened at $3.39 on Friday.
The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 2.
50. The stock has a market cap of $355.97 million, a PE ratio of -1.
12 and a beta of 2.48. Digital Turbine, Inc.
has a 12-month low of $1.18 and a 12-month high of $6.86.
The business has a 50-day simple moving average of $3.18 and a two-hundred day simple moving average of $2.71.
Digital Turbine ( NASDAQ:APPS – Get Free Report ) last released its quarterly earnings data on Wednesday, February 5th. The software maker reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.
13 by ($0.08). Digital Turbine had a negative net margin of 64.
06% and a positive return on equity of 3.41%. Analysts anticipate that Digital Turbine, Inc.
will post -0.03 earnings per share for the current fiscal year. Digital Turbine Profile ( Free Report ) Digital Turbine, Inc, through its subsidiaries, operates a mobile growth platform for advertisers, publishers, carriers, and device original equipment manufacturers (OEMs).
The company operates through two segments, On Device Solutions and App Growth Platform. Its application media platform delivers mobile applications to various publishers, carriers, OEMs, and devices; and content media platform offers news, weather, sports, and other content, as well as programmatic advertising and media content delivery services, and sponsored and editorial content media. Featured Stories Five stocks we like better than Digital Turbine Canada Bond Market Holiday: How to Invest and Trade Markets Think Robinhood Earnings Could Send the Stock Up What Investors Need to Know to Beat the Market Churchill Downs Stock: Could Tariff Fears Dampen Derby Gains? What is the S&P 500 and How It is Distinct from Other Indexes AT&T: Subscriber Growth & Buybacks Signal Bullish Turnaround Want to see what other hedge funds are holding APPS? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Digital Turbine, Inc. ( NASDAQ:APPS – Free Report ). Receive News & Ratings for Digital Turbine Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Digital Turbine and related companies with MarketBeat.
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