Noteworthy Ownership Action: Sonic Foundry Inc 2016 Q2 Institutional Investor Sentiment Better Than Expected

November 18, 2016 - By Vivian Park   ·   0 Comments

Noteworthy Ownership Action: Sonic Foundry Inc  2016 Q2 Institutional Investor Sentiment  Better Than Expected

Sentiment for Sonic Foundry Inc (NASDAQ:SOFO)

Sonic Foundry Inc (NASDAQ:SOFO) institutional sentiment increased to Infinity in Q2 2016. Its up Infinity, from 1.33 in 2016Q1. The ratio increased, as 4 funds started new and increased stock positions, while 3 cut down and sold stakes in Sonic Foundry Inc. The funds in our partner’s database reported: 796,888 shares, up from 785,500 shares in 2016Q1. Also, the number of funds holding Sonic Foundry Inc in their top 10 stock positions was flat from 0 to 0 for the same number . Sold All: 1 Reduced: 2 Increased: 4 New Position: 0.

Sonic Foundry, Inc. is engaged in the business of providing enterprise solutions and services for the Web communications market. The company has a market cap of $24.90 million. The Firm operates in geographic regions, including the United States, Europe and Middle East, and Asia. It currently has negative earnings. The Firm is engaged in offering video capture, management and Webcasting solutions in sectors, such as education, business and government.

About 366 shares traded hands. Sonic Foundry Inc (NASDAQ:SOFO) has declined 24.07% since April 18, 2016 and is downtrending. It has underperformed by 28.50% the S&P500.

Analysts await Sonic Foundry Inc (NASDAQ:SOFO) to report earnings on December, 8.

According to Zacks Investment Research, “Sonic Foundry, Inc. provides enterprise solutions and services for education institutions, corporations, and government agencies worldwide. Its principal product line, Mediasite, is a rich media webcasting and video content management platform. The company develops and sells: Mediasite Recorders and My Mediasite for capturing video and media presentations; Mediasite Enterprise Video Platform for distributing, managing, securing and archiving live and on-demand content; Mediasite Events for turnkey meeting, conference, and event webcasting services; Mediasite Services for hosting, installation, training, and integration; Mediasite Customer Assurance for annual hardware and software maintenance and technical support. The company sells its products through system integrator, consultant and reseller channels, as well as direct sales. Sonic Foundry, Inc. was founded in 1991 and is headquartered in Madison, Wisconsin.”

Wealthtrust Axiom Llc holds 1.22% of its portfolio in Sonic Foundry Inc for 527,919 shares. Manatuck Hill Partners Llc owns 27,000 shares or 0.07% of their US portfolio. Moreover, Firstmerit Bank N A Trustee has 0.01% invested in the company for 19,972 shares. The Delaware-based Blackrock Advisors Llc has invested 0% in the stock. Blackrock Fund Advisors, a California-based fund reported 703 shares.#img1#

SOFO Company Profile

Sonic Foundry, Inc., incorporated on August 1, 1996, is engaged in the business of providing enterprise solutions and services for the Web communications market. The Firm operates in geographic regions, including the United States, Europe and Middle East, and Asia. The Firm is engaged in offering video capture, management and Webcasting solutions in sectors, such as education, business and government. The Company’s Mediasite Video Platform transforms communications, training, education and events for its customers. The Firm sells Mediasite recorders and server software products and related services contracts, such as customer support, installation, customization services, training, content hosting and event services.

More recent Sonic Foundry Inc (NASDAQ:SOFO) news were published by: Marketwatch.com which released: “Sonic Foundry Inc.” on December 21, 2009. Also Jsonline.com published the news titled: “Sonic Foundry revenue up, but losses widen” on May 09, 2014. Investorplace.com‘s news article titled: “Hottest Manufacturing Stocks Now – FLKS PTX MBII ADXS” with publication date: November 04, 2016 was also an interesting one.

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By Vivian Park


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