November 18, 2016 - By Peter Erickson · 0 Comments
Intercloud Systems Inc (OTCMKTS:ICLD) institutional sentiment decreased to 0 in Q2 2016. Its down -2.00, from 2 in 2016Q1. The ratio has worsened, as 10 investment managers increased and opened new equity positions, while 5 decreased and sold their holdings in Intercloud Systems Inc. The investment managers in our partner’s database now own: 1.13 million shares, up from 1.11 million shares in 2016Q1. Also, the number of investment managers holding Intercloud Systems Inc in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 2 Reduced: 3 Increased: 3 New Position: 7.
InterCloud Systems, Inc. is a provider of cloud networking orchestration and automation for software-defined networking and network function virtualization (NFV) cloud environments. The company has a market cap of $5.52 million. The Firm operates through four divisions: applications and infrastructure, professional services, managed services and cloud services. It currently has negative earnings. The applications and infrastructure segment provides engineering and professional consulting services, and voice, data and optical solutions.
About 2.21 million shares traded hands or 53.47% up from the average. InterCloud Systems Inc (OTCMKTS:ICLD) has declined 92.67% since April 18, 2016 and is downtrending. It has underperformed by 97.10% the S&P500.
According to Zacks Investment Research, “InterCloud Systems, Inc. operates as an end-to-end solution provider of professional services and infrastructure to the telecommunications industry, major corporations and governmental entities. The Company’s services include engineering, construction, maintenance, and installation services to telecommunications providers; underground facility locating services to various utilities and other construction and maintenance services to electric and gas utilities. It also provides telecommunications network infrastructure solutions for development, procurement, design, engineering, construction management, and on-going maintenance and operation of telecommunications network projects. InterCloud Systems, Inc. is based in Boca Raton, Florida.”
Carl Domino Inc holds 0.03% of its portfolio in InterCloud Systems Inc for 39,800 shares. Advisory Services Network Llc owns 1,000 shares or 0% of their US portfolio. Moreover, Bank Of America Corp De has 0% invested in the company for 4,239 shares. The New York-based Bank Of New York Mellon Corp has invested 0% in the stock. Blackrock Fund Advisors, a California-based fund reported 5,417 shares.#img1#
InterCloud Systems, Inc., incorporated on November 24, 1999, is a well-known provider of cloud networking orchestration and automation, for software-defined networking (SDN) and network function virtualization (NFV) cloud environments. The Firm operates through four divisions: applications and infrastructure, professional services, managed services and cloud services. The applications and infrastructure segment provides engineering and professional consulting services, and voice, data and optical solutions. The professional services segment provides outsourced services to the wireless and wireline industry and information technology industry. The cloud services segment provides cloud computing and storage services to customers. The managed services segment provides hardware and software products to customers, and provides maintenance and support for those products. The Firm offers its solutions to the telecommunications service well-known provider (carrier) and corporate enterprise markets through cloud solutions and professional services.
Another recent and important InterCloud Systems Inc (OTCMKTS:ICLD) news was published by Thestreet.com which published an article titled: “One Reason Intercloud Systems (ICLD) Stock Is Soaring” on May 06, 2015.
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By Peter Erickson