RTB Digital, Inc. Common Stock (NASDAQ:RTB) Stock: Insider Jason Christopher Dorsett Acquires 11,000 Shares

RTB Digital, Inc. Common Stock (NASDAQ:RTB) major shareholder Jason Christopher Dorsett purchased 11,000 shares of RTB Digital, Inc. Common Stock stock in a transaction that occurred on Monday, September 21st. The stock was acquired at an average cost of $8.32 per share, with a total value of $91,520.00. Following the acquisition, the insider directly owned 4,204,028 shares in the company, valued at $34,977,512.96. This trade represents a 0.26% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Major shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Jason Christopher Dorsett also recently made the following trade(s):

• On Thursday, September 17th, Jason Christopher Dorsett acquired 19,000 shares of RTB Digital, Inc. Common Stock stock. The stock was acquired at an average cost of $10.36 per share, for a total transaction of $196,840.00.

RTB Digital, Inc. Common Stock Stock Up 4.9%

RTB Digital, Inc. Common Stock stock opened at $10.32 on Friday. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.37 and a quick ratio of 1.37. The stock has a market capitalization of $144.58 million, a PE ratio of -1.62 and a beta of 2.14. The business has a 50 day simple moving average of $13.32 and a 200-day simple moving average of $9.62. RTB Digital, Inc. Common Stock has a 12 month low of $3.25 and a 12 month high of $20.75.

RTB Digital, Inc. Common Stock (NASDAQ:RTB) last released its quarterly earnings results on Friday, August 14th. The company reported ($1.24) earnings per share (EPS) for the quarter. The company had revenue of $2.33 million during the quarter. RTB Digital, Inc. Common Stock had a negative net margin of 216.56% and a negative return on equity of 342.57%.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on RTB. Wall Street Zen raised shares of RTB Digital, Inc. Common Stock from a “sell” rating to a “hold” rating in a research note on Saturday, July 18th. Weiss Ratings upgraded RTB Digital, Inc. Common Stock from a “sell (e)” rating to a “sell (e+)” rating in a research note on Wednesday, September 16th. One analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Reduce”.

RTB Digital, Inc. Common Stock Company Profile

Ryvyl Inc, a technology company, engages in the development, marketing, and sale of blockchain-based payment solutions in North America, Europe, and Asia. The company's blockchain-based systems facilitate, record, and store a volume of tokenized assets representing cash or data on a blockchain-based ledger. Its products include QuickCard Payment System, a physical and virtual payment card processing management system, including software that facilitates on and off ramp e-wallet management; Coyni, a digital token platform, which offers custodial assurance by utilizing its stable coin and blockchain technology in a closed-loop ecosystem; and ChargeSavvy, an end-to-end POS solution comprising software and hardware for the restaurant and hospitality industry.