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February 28, 2014
07:57 EDTYUMEYuMe sell-off a buying opportunity, says Needham
Needham views the post-earnings pullback in shares of YuMe as a buying opportunity. The firm says customer spending is reaccelerating in Q1 and its maintains a Buy rating on the stock with a $13 price target.
News For YUME From The Last 14 Days
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February 12, 2016
12:52 EDTYUMEEdenbrook reports activist stake in YuMe, wants more disclosure
Edenbrook Capital reports a 5.1% activist stake in YuMe. Edenbrook said that over the past two years, it has have worked with members of management on "expanding the level of disclosure provided to the investment community." Edenbrook believes that the company "can provide significantly more information, the disclosure of which could lead to a significant re-rating of the stock price to a higher level." It added, "Specifically, because the Issuer reports its profitable domestic and unprofitable international operations as one consolidated entity, the core profitability of the business is masked. With a current enterprise value of less than $32 million, the Reporting Persons believe the market is valuing the entire company for less than two times the core profitability of the business."

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