Tag: NASDAQ:PLCM

  • Market Movers: Nuance Communications Inc. (NASDAQ:NUAN), Sonic Foundry Inc (NASDAQ:SOFO), Polycom Inc (NASDAQ:PLCM), Priceline Group Inc (NASDAQ:PCLN), Berkshire Hathaway Inc. (NYSE:BRK.A)

    Shares of Nuance Communications Inc (NASDAQ:NUAN) were the recipient of a large decline in short interest in April. As of April 30th, there was short interest totalling 32,270,858 shares, a decline of 4.7% from the April 15th total of 33,875,884 shares, AmericanBankingNews.com reports. Approximately 10.5% of the company’s shares are short sold. Based on an average daily volume of 2,506,898 shares, the short-interest ratio is presently 12.9 days. Nuance Communications Inc. (NASDAQ:NUAN) net profit margin is -7.90% and weekly performance is 1.66%. On last trading day company shares ended up $15.28. Analysts mean target price for the company is $ 18.50. Nuance Communications Inc. (NASDAQ:NUAN) distance from 50-day simple moving average (SMA50) is -5.49%.

    Sonic Foundry Inc (NASDAQ:SOFO) was downgraded by Zacksfrom a “neutral” rating to an “underperform” rating in a report issued on Thursday, Stock Ratings Network reports. They currently have a $10.40 price target on the stock. Zacks‘s price target suggests a potential downside of 5.45% from the company’s current price. Sonic Foundry Inc (NASDAQ:SOFO) shares advanced 1.11% in last trading session and ended the day on $10.70. Gross Margin is 72.50% and its return on assets is -5.70%. Sonic Foundry Inc (NASDAQ:SOFO) quarterly performance is 9.52 %.

    Polycom, Inc. (NASDAQ:PLCM), recently announced Michael Frendo as the new Executive Vice President of Worldwide Engineering, effective from Tuesday. In this role, Frendo will be responsible for global engineering delivery and execution, driving efficient business operations, and lifecycle management for Polycom’s portfolio of video, voice and content collaboration solutions. Polycom Inc (NASDAQ:PLCM) shares moved up 0.33% in last trading session and was closed at $12.15, while trading in range of $11.99 – $12.19. Polycom Inc (NASDAQ:PLCM) year to date (YTD) performance is 8.19%.

    Priceline Group Inc (NASDAQ:PCLN) Director Jeffery H. Boyd sold 3,000 shares of the company’s stock on the open market in a transaction dated Thursday, May 15th. The stock was sold at an average price of $1,134.83, for a total value of $3,404,490.00. Following the completion of the transaction, the director now directly owns 200,125 shares in the company, valued at approximately $227,107,854. Priceline Group Inc (NASDAQ:PCLN) ended the last trading day at $1,137.16. Company weekly volatility is calculated as 1.85% and price to cash ratio as 8.88. Priceline Group Inc (NASDAQ:PCLN) showed a positive weekly performance of 0.11%.

    Berkshire Hathaway Inc. (NYSE:BRK.A) revealed the changes in its $106 billion portfolio in documents filed yesterday with the Securities and Exchange Commission. Among other changes, Berkshire also increased its holdings in MasterCard and Liberty Global, and it sold some of its shares in General Motors and DirecTV. Berkshire Hathaway Inc. (NYSE:BRK.A) on last trading day company shares ended up $190,210.00.