Roumell Asset Management buys $5,119,174 stake in Sizmek Inc (SZMK)

Sizmek Inc (SZMK) : Roumell Asset Management scooped up 176,884 additional shares in Sizmek Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 12, 2016. The investment management firm now holds a total of 1,322,784 shares of Sizmek Inc which is valued at $5,119,174.Sizmek Inc makes up approximately 10.37% of Roumell Asset Management’s portfolio.

Other Hedge Funds, Including , Renaissance Technologies boosted its stake in SZMK in the latest quarter, The investment management firm added 140,300 additional shares and now holds a total of 978,500 shares of Sizmek Inc which is valued at $3,786,795. Sizmek Inc makes up approx 0.01% of Renaissance Technologies’s portfolio.Blackrock Group Ltd boosted its stake in SZMK in the latest quarter, The investment management firm added 1,379 additional shares and now holds a total of 33,978 shares of Sizmek Inc which is valued at $131,495. Alambic Investment Management sold out all of its stake in SZMK during the most recent quarter. The investment firm sold 14,461 shares of SZMK which is valued $56,109. State Board Of Administration Of Florida Retirement System sold out all of its stake in SZMK during the most recent quarter. The investment firm sold 26,587 shares of SZMK which is valued $102,626.

Sizmek Inc opened for trading at $3.88 and hit $3.9401 on the upside on Monday, eventually ending the session at $3.89, with a gain of 0.52% or 0.02 points. The heightened volatility saw the trading volume jump to 4,17,889 shares. Company has a market cap of $113 M.

Sizmek Inc. (Sizmek) is an open ad management company. The Company operates an independent online ad campaign management and distribution platform as measured by the number of advertising impressions served and the number of countries in which it serves customers. The Company helps advertisers agencies and publishers engage with consumers across multiple online media channels (mobile display rich media video and social). Its online campaign management platform Sizmek MDX helps advertisers agencies and publishers in managing their advertising budgets across multiple online media channels and formats such as desktop mobile rich media social media in-stream video interactive video display and search. Its online ad serving technologies are divided into three categories which include distribution technologies analysis technologies and logic technologies. It connects approximately 17000 advertisers and over 3500 agencies to audiences in approximately 60 countries.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Sizmek Inc - Is it time to Sell?

Top Brokerage Firms are advising their investors on Sizmek Inc. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.