The stock of Voltari Corp (NASDAQ:VLTC) is a huge mover today! About 278,298 shares traded hands or 119.64% up from the average. Voltari Corp (NASDAQ:VLTC) has declined 32.50% since April 27, 2016 and is downtrending. It has underperformed by 37.73% the S&P500.
The move comes after 5 months positive chart setup for the $25.68 million company. It was reported on Nov, 30 by Barchart.com. We have $3.09 PT which if reached, will make NASDAQ:VLTC worth $2.05M more.
Analysts await Voltari Corp (NASDAQ:VLTC) to report earnings on March, 15.
According to Zacks Investment Research, “Voltari Corporation offers mobile data service solutions through service platform. The Company provides mobile advertising, mobile marketing, mobile merchandising and predictive analytics solutions to mobile operators, consumer brands and advertising agencies. Voltari Corporation is headquartered in New York.”
Insitutional Activity: The institutional sentiment increased to 3.67 in 2016 Q2. Its up 2.67, from 1 in 2016Q1. The ratio improved, as 1 funds sold all Voltari Corp shares owned while 6 reduced positions. 5 funds bought stakes while 2 increased positions. They now own 5.16 million shares or 1.03% more from 5.11 million shares in 2016Q1.
Barclays Public Ltd Liability Corp, a United Kingdom-based fund reported 17 shares. Morgan Stanley accumulated 0% or 1,376 shares. Reilly Advisors Ltd Liability Company accumulated 1,000 shares or 0% of the stock. Commercial Bank Of America De, a North Carolina-based fund reported 676 shares. Tower Capital Limited Liability Corp (Trc) holds 0% or 158 shares in its portfolio. Da Davidson & last reported 22 shares in the company. Moreover, Blackrock Institutional Tru Comm Na has 0% invested in Voltari Corp (NASDAQ:VLTC) for 116,551 shares. Gmt Cap has 52,455 shares for 0% of their US portfolio. Architects Inc holds 0% or 2,170 shares in its portfolio. Icahn Carl C holds 4.74M shares or 0.08% of its portfolio. Manufacturers Life Insur The owns 54 shares or 0% of their US portfolio. American Financial Group reported 14,130 shares or 0% of all its holdings. The Pennsylvania-based Vanguard Group has invested 0% in Voltari Corp (NASDAQ:VLTC). Art Advisors Ltd Liability accumulated 27,041 shares or 0% of the stock. Geode Cap Mgmt Limited Liability Corp has 0% invested in the company for 27,235 shares.
More news for Voltari Corp (NASDAQ:VLTC) were recently published by: Quotes.Wsj.com, which released: “News Voltari Corp.VLTC” on April 12, 2013. Investorplace.com‘s article titled: “How Carl Icahn Sent Voltari Stock Up Nearly 500% in April (VLTC)” and published on April 09, 2015 is yet another important article.
VLTC Company Profile
Voltari Corporation, incorporated on December 14, 2012, is engaged in the business of acquiring, financing and leasing commercial real properties. The Firm owns approximately one commercial real property in Long Branch, New Jersey, which it leases to JPMorgan Chase Bank, N.A. (Chase) pursuant to a triple net lease (the Long Branch Lease). The Firm intends to acquire additional properties primarily in the Northeast United States.
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