A Director at Glu Mobile is Exercising Options

By Carrie Williams

Today, a Director at Glu Mobile, Ann Mather, exercised options of Glu Mobile for $270K. The options were close to expired and Ann Mather disposed stocks.

Following Ann Mather’s last GLUU Sell transaction on June 09, 2017, the stock climbed by 3.0%.

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Based on Glu Mobile’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $81.44 million and GAAP net loss of $7.21 million. In comparison, last year the company earned revenue of $56.79 million and had a GAAP net loss of $22.76 million. Currently, Glu Mobile has an average volume of 1.35M.

The insider sentiment on Glu Mobile has been negative according to 80 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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Glu Mobile, Inc. designs, markets and sells mobile games. It develops, publishes and markets a portfolio of games designed to appeal to a broad cross section of the users of smartphones and tablet devices who download and make purchases within its games through direct-to-consumer digital storefronts, such as the Apple App Store, Google Play Store, Amazon Appstore and others. The company was founded in May 2001 and is headquartered in San Francisco, CA.