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

Key Points

• Major shareholder Jason Christopher Dorsett purchased 11,000 RTB shares at an average price of $8.32, investing $91,520 and increasing his direct holdings by 0.26% to 4.20 million shares. He also bought 19,000 shares on September 17 at $10.36 each.
• RTB shares recently traded at $10.26, with a 52-week range of $3.25 to $20.75 and a market capitalization of approximately $143.7 million.
• The company reported a quarterly loss of $1.24 per share on $2.33 million in revenue, alongside deeply negative profitability metrics. Analyst coverage remains cautious, with a consensus rating of “Reduce.”

RTB Digital, Inc. Common Stock (NASDAQ:RTB - Get Free Report) major shareholder Jason Christopher Dorsett purchased 11,000 shares of the firm's stock in a transaction that occurred on Monday, September 21st. The stock was bought at an average price of $8.32 per share, for a total transaction of $91,520.00. Following the transaction, the insider directly owned 4,204,028 shares of the company's stock, valued at $34,977,512.96. This trade represents a 0.26% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Large shareholders that own at least 10% of a company's shares are required to disclose their transactions 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 shares were purchased at an average price of $10.36 per share, for a total transaction of $196,840.00.

RTB Digital, Inc. Common Stock Price Performance

RTB stock traded up $0.71 during mid-day trading on Wednesday, hitting $10.26. The stock had a trading volume of 139,655 shares, compared to its average volume of 181,485. The firm has a fifty day simple moving average of $13.60 and a 200 day simple moving average of $9.55. The firm has a market capitalization of $143.74 million, a P/E ratio of -1.61 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.

RTB Digital, Inc. Common Stock (NASDAQ:RTB - Get Free Report) last posted 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 return on equity of 342.57% and a negative net margin of 216.56%.The firm had revenue of $2.33 million for the quarter.

Wall Street Analyst Weigh In

RTB has been the subject of a number of research reports. Weiss Ratings raised shares of RTB Digital, Inc. Common Stock from a "sell (e)" rating to a "sell (e+)" rating in a report on Wednesday, September 16th. 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. One equities research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Reduce".

About RTB Digital, Inc. Common Stock

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.

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