Connor Clark & Lunn Investment Management Ltd. Acquires 233,852 Shares of The Rubicon Project Inc (NYSE:RUBI)
Summary
Connor Clark & Lunn Investment Management Ltd. increased its holdings in The Rubicon Project Inc (NYSE:RUBI) by 65.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). Connor Clark & Lunn Investment Management Ltd. owned approximately 1.12% of The Rubicon Project worth $3,760,000 as of its most recent filing with the Securities and Exchange Commission (SEC). As a group, sell-side analysts forecast that The Rubicon Project Inc will post -0.54 earnings per share for the current fiscal year. In related news, Director Frank Addante sold 12,500 shares of the company’s stock in a transaction on Monday, July 15th. The Rubicon Project, Inc, together with its subsidiaries, provides technology solutions to automate the purchase and sale of digital advertising inventory for buyers and sellers in the United States and internationally.