1 day Ago By ABMN Staff
Arrowstreet Capital Limited Partnership raised its position in Synchronoss Technologies, Inc. ( NASDAQ:SNCR – Free Report ) by 9.8% in the fourth quarter, according to its most recent Form 13F filing with the SEC.
The institutional investor owned 80,633 shares of the software maker’s stock after buying an additional 7,171 shares during the period. Arrowstreet Capital Limited Partnership’s holdings in Synchronoss Technologies were worth $774,000 at the end of the most recent quarter. A number of other large investors have also modified their holdings of the company.
Allspring Global Investments Holdings LLC increased its stake in shares of Synchronoss Technologies by 2.0% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 574,999 shares of the software maker’s stock valued at $5,468,000 after purchasing an additional 11,023 shares in the last quarter.
Geode Capital Management LLC grew its holdings in Synchronoss Technologies by 4.1% in the third quarter. Geode Capital Management LLC now owns 104,557 shares of the software maker’s stock valued at $1,557,000 after purchasing an additional 4,159 shares during the period.
JPMorgan Chase & Co. increased its position in shares of Synchronoss Technologies by 22.6% in the fourth quarter.
JPMorgan Chase & Co. now owns 72,107 shares of the software maker’s stock valued at $692,000 after buying an additional 13,310 shares in the last quarter. State Street Corp raised its stake in shares of Synchronoss Technologies by 12.
9% during the 3rd quarter. State Street Corp now owns 35,075 shares of the software maker’s stock worth $522,000 after buying an additional 4,000 shares during the period. Finally, XTX Topco Ltd purchased a new position in shares of Synchronoss Technologies during the 3rd quarter valued at approximately $237,000.
Institutional investors and hedge funds own 51.71% of the company’s stock. Synchronoss Technologies Stock Up 0.
9 % Shares of SNCR opened at $9.83 on Friday. The stock has a 50 day moving average price of $10.
21 and a 200 day moving average price of $10.33. Synchronoss Technologies, Inc.
has a one year low of $6.02 and a one year high of $15.46.
The company has a debt-to-equity ratio of 5.75, a quick ratio of 1.88 and a current ratio of 1.
88. The stock has a market capitalization of $112.96 million, a price-to-earnings ratio of -2.
53 and a beta of 1.78. Analyst Ratings Changes Separately, StockNews.
com upgraded shares of Synchronoss Technologies from a “hold” rating to a “buy” rating in a research report on Friday, March 14th. Read Our Latest Analysis on SNCR Insiders Place Their Bets In other Synchronoss Technologies news, CEO Jeffrey George Miller sold 17,389 shares of the company’s stock in a transaction on Thursday, February 13th. The stock was sold at an average price of $10.
34, for a total value of $179,802.26. Following the completion of the sale, the chief executive officer now directly owns 336,232 shares in the company, valued at $3,476,638.
88. This represents a 4.92 % decrease in their position.
The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website . Corporate insiders own 17.90% of the company’s stock.
About Synchronoss Technologies ( 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. Read More Want to see what other hedge funds are holding SNCR? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Synchronoss Technologies, Inc. ( NASDAQ:SNCR – Free Report ). Receive News & Ratings for Synchronoss Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Synchronoss Technologies and related companies with MarketBeat.
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