Integre Asset Management LLC Increased Its Stake in Synchronoss Technologies INC (SNCR) by $5.64 Million as Share Price Declined

July 18, 2017 - By Vivian Park

Investors sentiment increased to 1.45 in Q4 2016. Its up 0.12, from 1.33 in 2016Q3. It increased, as 23 investors sold SNCR shares while 63 reduced holdings. 40 funds opened positions while 85 raised stakes. 37.09 million shares or 1.50% more from 36.54 million shares in 2016Q3 were reported. Paw Capital Corporation holds 90,000 shares. Ny State Teachers Retirement holds 0.01% or 62,975 shares in its portfolio. Canada Pension Plan Invest Board invested in 25,300 shares. Employees Retirement Of Texas reported 25,000 shares or 0.01% of all its holdings. Clinton Gp owns 6,930 shares for 0.02% of their portfolio. Great West Life Assurance Can stated it has 0.01% in Synchronoss Technologies, Inc. (NASDAQ:SNCR). Matarin Cap Lc holds 0% in Synchronoss Technologies, Inc. (NASDAQ:SNCR) or 216,546 shares. Moreover, San Francisco Sentry Group (Ca) has 0.17% invested in Synchronoss Technologies, Inc. (NASDAQ:SNCR) for 7,800 shares. Brown Advisory Inc holds 0.1% or 702,759 shares. Stevens Mgmt Limited Partnership has 0.01% invested in Synchronoss Technologies, Inc. (NASDAQ:SNCR) for 7,001 shares. Renaissance Lc invested in 73,700 shares or 0% of the stock. Webster Bank & Trust N A owns 1,890 shares for 0.01% of their portfolio. State Of Tennessee Treasury Department accumulated 33,417 shares. Salem Investment Counselors reported 65 shares or 0% of all its holdings. Anderson Hoagland & Company holds 0.48% or 21,306 shares in its portfolio.

Since January 23, 2017, it had 1 buying transaction, and 22 insider sales for $18.05 million activity. Rosenberger Karen sold $30,365 worth of Synchronoss Technologies, Inc. (NASDAQ:SNCR) on Monday, January 23. Waldis Stephen G also sold $387,086 worth of Synchronoss Technologies, Inc. (NASDAQ:SNCR) shares. The insider Prague Ronald sold 924 shares worth $36,036. Garcia Robert also sold $346,744 worth of Synchronoss Technologies, Inc. (NASDAQ:SNCR) shares. Schuette David sold $2,975 worth of stock. On Tuesday, May 2 the insider Silver Private Holdings I – LLC bought $21.57M.

Integre Asset Management Llc increased its stake in Synchronoss Technologies Inc. (SNCR) by 1676.91% based on its latest 2016Q4 regulatory filing with the SEC. Integre Asset Management Llc bought 148,474 shares as the company’s stock declined 59.16% while stock markets rallied. The institutional investor held 157,328 shares of the technology company at the end of 2016Q4, valued at $6.03M, up from 8,854 at the end of the previous reported quarter. Integre Asset Management Llc who had been investing in Synchronoss Technologies Inc. for a number of months, seems to be bullish on the $756.83M market cap company. The stock decreased 0.12% or $0.02 during the last trading session, reaching $16.2. About shares traded. Synchronoss Technologies, Inc. (NASDAQ:SNCR) has declined 60.71% since July 18, 2016 and is downtrending. It has underperformed by 77.41% the S&P500.

More notable recent Synchronoss Technologies, Inc. (NASDAQ:SNCR) news were published by: Fool.com which released: “Why Synchronoss Technologies, Inc. Stock Jumped 28.7% in June” on July 04, 2017, also Streetinsider.com with their article: “Synchronoss Technologies (SNCR) Commences Management Streamlining and …” published on June 20, 2017, Marketwatch.com published: “Synchronoss Technologies up 9% after company considers selling itself” on July 06, 2017. More interesting news about Synchronoss Technologies, Inc. (NASDAQ:SNCR) were released by: Prnewswire.com and their article: “SNCR ALERT Rosen Law Firm Reminds Synchronoss Technologies, Inc. Investors of …” published on June 23, 2017 as well as Seekingalpha.com‘s news article titled: “Synchronoss submits plan to regain Nasdaq compliance” with publication date: July 17, 2017.

Synchronoss Technologies, Inc. (NASDAQ:SNCR) Ratings Coverage

Among 7 analysts covering Synchronoss Technologies Inc. (NASDAQ:SNCR), 3 have Buy rating, 1 Sell and 3 Hold. Therefore 43% are positive. Synchronoss Technologies Inc. has $65 highest and $1600 lowest target. $41.25’s average target is 154.63% above currents $16.2 stock price. Synchronoss Technologies Inc. had 13 analyst reports since July 31, 2015 according to SRatingsIntel. The rating was downgraded by Drexel Hamilton to “Hold” on Wednesday, June 14. The company was maintained on Friday, June 23 by Stifel Nicolaus. The firm has “Overweight” rating given on Wednesday, January 25 by JP Morgan. The stock has “Strong Buy” rating by Raymond James on Thursday, October 29. The rating was downgraded by Stifel Nicolaus on Thursday, February 4 to “Hold”. The rating was initiated by Stephens with “Overweight” on Wednesday, August 10. Drexel Hamilton initiated the stock with “Buy” rating in Wednesday, June 1 report. The firm has “Underperform” rating by Credit Suisse given on Monday, May 22.

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