TubeMogul Inc (NASDAQ:TUBE), a leading enterprise software company for brand advertising, announced that Matthew Dybwad has joined the company as Head of Political and Public Affairs and will open the company’s newWashington D.C. office. Dybwad will report directly to TubeMogul’s VP of Media, Mark Rotblat.
Dybwad brings over 15 years of experience as a digital media executive in political and public affairs advertising. Before joining TubeMogul, he co-founded CRAFT, an integrated political communications agency, where he was responsible for building and overseeing the digital practice, including the formation of the agency’s internal programmatic unit. Prior to that he was Senior Director of Internet Strategy at emotive, a leading online political direct marketing firm. He is also an adjunct professor at George Washington University Graduate School of Political Management.
“We are delighted to have someone with Matthew’s political savvy spearhead the growth of our new D.C. office,” said Mark Rotblat, VP of Media,TubeMogul. “Washington is poised for meaningful digital innovation in the upcoming election cycle, and in an effort to continue building on our momentum, we’ve tailor-made our cross-screen buying platform to help political advertisers engage voters more effectively.”
“I’m thrilled to join TubeMogul because they’ve pioneered a solution that empowers political advertisers to drive persuasion and reach their audience as they move across screens,” said Matthew Dybwad, Head of Political and Public Affairs, TubeMogul. (Original Source)
Shares of TubeMogul Inc closed last Friday at $15.49. TUBE has a 1-year high of $23.83 and a 1-year low of $8.90. The stock’s 50-day moving average is $15.00 and its 200-day moving average is $15.14.
On the ratings front, TubeMogul has been the subject of a number of recent research reports. In a report issued on July 9, J.P. Morgan analyst Doug Anmuth initiated coverage with a Buy rating on TUBE and a price target of $20, which represents a potential upside of 29.1% from where the stock is currently trading. Separately, on June 15, RBC’s Rohit Kulkarni reiterated a Buy rating on the stock and has a price target of $20.
According to TipRanks.com, which ranks over 7,500 financial analysts and bloggers to gauge the performance of their past recommendations, Doug Anmuth and Rohit Kulkarni have a total average return of 25.2% and 1.7% respectively. Anmuth has a success rate of 67.2% and is ranked #19 out of 3712 analysts, while Kulkarni has a success rate of 41.3% and is ranked #1816.
Overall, 4 research analysts have given a Buy rating to the stock. When considering if perhaps the stock is under or overvalued, the average price target is $22.33 which is 44.2% above where the stock closed last Friday.
TubeMogul Inc is an enterprise software company for digital branding. The Company’s platform enables advertisers to gain control of digital video advertising spend and achieve brand advertising objectives.