Synchronoss Technologies, Inc. (NASDAQ:SNCR) EVP Patrick Joseph Doran Sells 1,669 Shares

Synchronoss Technologies, Inc. (NASDAQ:SNCRGet Free Report) EVP Patrick Joseph Doran sold 1,669 shares of the business’s stock in a transaction on Thursday, April 18th. The stock was sold at an average price of $6.42, for a total transaction of $10,714.98. Following the transaction, the executive vice president now owns 66,939 shares in the company, valued at $429,748.38. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Patrick Joseph Doran also recently made the following trade(s):

  • On Wednesday, April 10th, Patrick Joseph Doran sold 700 shares of Synchronoss Technologies stock. The shares were sold at an average price of $7.68, for a total transaction of $5,376.00.
  • On Tuesday, March 5th, Patrick Joseph Doran sold 2,750 shares of Synchronoss Technologies stock. The shares were sold at an average price of $9.33, for a total transaction of $25,657.50.

Synchronoss Technologies Trading Down 1.7 %

Shares of Synchronoss Technologies stock opened at $6.31 on Monday. The firm has a 50-day moving average of $8.78 and a 200-day moving average of $6.47. The stock has a market cap of $65.06 million, a PE ratio of -0.95 and a beta of 1.66. Synchronoss Technologies, Inc. has a 52-week low of $2.70 and a 52-week high of $13.97. The company has a debt-to-equity ratio of 5.11, a quick ratio of 1.72 and a current ratio of 1.72.

Synchronoss Technologies (NASDAQ:SNCRGet Free Report) last posted its quarterly earnings data on Tuesday, March 12th. The software maker reported ($0.90) earnings per share for the quarter, missing the consensus estimate of ($0.19) by ($0.71). Synchronoss Technologies had a negative return on equity of 17.99% and a negative net margin of 25.43%. The firm had revenue of $41.40 million for the quarter, compared to the consensus estimate of $43.76 million. As a group, sell-side analysts forecast that Synchronoss Technologies, Inc. will post -2.06 EPS for the current year.

Institutional Investors Weigh In On Synchronoss Technologies

Several institutional investors and hedge funds have recently bought and sold shares of SNCR. AWM Investment Company Inc. lifted its position in Synchronoss Technologies by 24.1% during the third quarter. AWM Investment Company Inc. now owns 4,403,591 shares of the software maker’s stock worth $4,227,000 after purchasing an additional 854,411 shares during the period. Vanguard Group Inc. lifted its holdings in shares of Synchronoss Technologies by 17.9% in the third quarter. Vanguard Group Inc. now owns 5,146,816 shares of the software maker’s stock worth $4,941,000 after acquiring an additional 783,000 shares during the last quarter. Equitec Proprietary Markets LLC lifted its holdings in shares of Synchronoss Technologies by 48.5% in the third quarter. Equitec Proprietary Markets LLC now owns 1,913,141 shares of the software maker’s stock worth $1,837,000 after acquiring an additional 624,627 shares during the last quarter. Boothbay Fund Management LLC bought a new position in shares of Synchronoss Technologies in the fourth quarter worth about $385,000. Finally, Fuller & Thaler Asset Management Inc. bought a new position in shares of Synchronoss Technologies in the first quarter worth about $1,032,000. Institutional investors own 51.71% of the company’s stock.

About Synchronoss Technologies

(Get Free Report)

Synchronoss Technologies, Inc provides cloud, messaging, digital, and network management solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers Synchronoss Personal Cloud platform that allows customers' subscribers to backup and protect, engage with, and manage their personal content.

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Insider Buying and Selling by Quarter for Synchronoss Technologies (NASDAQ:SNCR)

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