RTB Digital, Inc. Common Stock (NASDAQ:RTB) Major Shareholder Acquires $196,840.00 in Stock

RTB Digital, Inc. Common Stock (NASDAQ:RTB) major shareholder Jason Christopher Dorsett bought 19,000 shares of the business’s stock in a transaction on Thursday, September 17th. The shares were acquired at an average cost of $10.36 per share, for a total transaction of $196,840.00. Following the purchase, the insider directly owned 4,193,028 shares in the company, valued at $43,439,770.08. This represents a 0.46% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Major shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

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

• On Monday, September 21st, Jason Christopher Dorsett acquired 11,000 shares of RTB Digital, Inc. Common Stock stock. The stock was bought at an average cost of $8.32 per share, with a total value of $91,520.00.

RTB Digital, Inc. Common Stock Stock Up 3.0%

RTB stock opened at $9.84 on Thursday. The company has a market capitalization of $137.86 million, a price-to-earnings ratio of -1.55 and a beta of 2.14. The company has a current ratio of 1.37, a quick ratio of 1.37 and a debt-to-equity ratio of 0.05. RTB Digital, Inc. Common Stock has a 52 week low of $3.25 and a 52 week high of $20.75. The firm’s 50-day moving average is $13.45 and its two-hundred day moving average is $9.58.

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

Wall Street Analyst Weigh In

Several analysts recently commented on RTB shares. Wall Street Zen upgraded shares of RTB Digital, Inc. Common Stock from a “sell” rating to a “hold” rating in a report 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 investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, RTB Digital, Inc. Common Stock presently has a consensus 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.