November 16, 2016 - By Ruchi Gupta · 0 Comments
Intellisync Corp (NASDAQ:SYNC) institutional sentiment decreased to 0.87 in 2016 Q2. Its down -0.96, from 1.83 in 2016Q1. The ratio has worsened, as 13 funds opened new and increased equity positions, while 15 reduced and sold their positions in Intellisync Corp. The funds in our partner’s database now own: 3.62 million shares, down from 4.24 million shares in 2016Q1. Also, the number of funds holding Intellisync Corp in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 10 Reduced: 5 Increased: 9 New Position: 4.
Synacor, Inc. is a technology development, multiplatform services and revenue partner for video, Internet and communications providers, device manufacturers and enterprises. The company has a market cap of $86.36 million. The Firm enables its clients to provide their clients engaging, multiscreen experiences with products that require scale, actionable data and implementation. It currently has negative earnings. Through its Managed Portals and Advertising solutions, the Company enables its clients to earn revenue by monetizing media among their consumers.
The stock closed at $2.8 during the last session. It is down 97.18% since April 14, 2016 and is uptrending. It has outperformed by 92.50% the S&P500.
According to Zacks Investment Research, “Synacor, Inc. is a provider of solutions for delivery of online content and services. Synacor clients including cable, telecom, satellite and consumer electronics companies, use Synacor’s Platform to deliver TV shows, movies, music, news, games, sports, email, tech support and other value-added services to their end-customers, across multiple connected devices. Its platform includes Website design and development, unified registration and login (single sign-on), billing integration, personalization, video delivery capability, content management system, household management, toolbar and television listings. Synacor, Inc. is headquartered in Buffalo, New York.”
Diversified Investment Strategies Llc holds 1.59% of its portfolio in Synacor Inc for 514,225 shares. Spark Investment Management Llc owns 459,900 shares or 0.13% of their US portfolio. Moreover, Boothbay Fund Management Llc has 0.04% invested in the company for 27,408 shares. The Texas-based Bridgeway Capital Management Inc has invested 0.01% in the stock. Renaissance Technologies Llc, a New York-based fund reported 898,900 shares.#img1#
Synacor, Inc., incorporated on November 6, 2002, is a technology development, multiplatform services and revenue partner for video, Internet and communications providers, device manufacturers and enterprises. The Firm enables its clients to provide their clients engaging, multiscreen experiences with products that require scale, actionable data and implementation. Through its Managed Portals and Advertising solutions, the Company enables its clients to earn revenue by monetizing media among their consumers. The Company’s Managed Portals are delivered across devices and under its customers’ own brand names. The Firm delivers content, such as top news, entertainment, and long- and short-form video and applications, on its Managed Portals. In addition, clients have the ability through portals to manage their e-mail and messaging, pay bills, receive special promotions and perform other account management needs.
More recent Synacor Inc (NASDAQ:SYNC) news were published by: Marketwatch.com which released: “Synacor Inc. NASDAQ: SYNC” on May 04, 2011. Also Buffalonews.com published the news titled: “Synacor pushes back launch of new AT&T portal” on November 15, 2016. Bizjournals.com‘s news article titled: “Showdown on at Synacor Inc.” with publication date: February 23, 2015 was also an interesting one.
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By Ruchi Gupta