Intellisync Corp (NASDAQ:SYNC) Shifting Institutional Investors Sentiment

November 10, 2018 - By Hugh Holland

Synacor, Inc. (NASDAQ:SYNC) Logo

Sentiment for Intellisync Corp (NASDAQ:SYNC)

Intellisync Corp (NASDAQ:SYNC) institutional sentiment increased to 1.44 in 2018 Q2. Its up 0.44, from 1 in 2018Q1. The ratio improved, as 13 institutional investors increased and opened new holdings, while 9 sold and reduced holdings in Intellisync Corp. The institutional investors in our partner’s database reported: 9.57 million shares, down from 10.33 million shares in 2018Q1. Also, the number of institutional investors holding Intellisync Corp in their top 10 holdings was flat from 1 to 1 for the same number . Sold All: 6 Reduced: 3 Increased: 5 New Position: 8.

Synacor, Inc. operates as a technology development, multiplatform services, and revenue partner for video, Internet, and communications providers; and device manufacturers, governments, and enterprises. The company has market cap of $61.96 million. It enables its clients to provide their clients engaging, multiscreen experiences with products that require scale, and actionable data and implementation. It currently has negative earnings. The company, through its managed portals and advertising solutions, enables its clients to earn revenue by monetizing media among their consumers.

The stock decreased 9.66% or $0.17 during the last trading session, reaching $1.59. About 410,260 shares traded or 333.61% up from the average. Synacor, Inc. (NASDAQ:SYNC) has declined 33.33% since November 10, 2017 and is downtrending. It has underperformed by 48.95% the S&P500.

Intel Corp holds 0.41% of its portfolio in Synacor, Inc. for 866,884 shares. Raffles Associates Lp owns 80,139 shares or 0.14% of their US portfolio. Moreover, Ariel Investments Llc has 0.09% invested in the company for 3.98 million shares. The New Jersey-based Nj State Employees Deferred Compensation Plan has invested 0.07% in the stock. Ancora Advisors Llc, a Us-based fund reported 557,655 shares.

Another recent and important Synacor, Inc. (NASDAQ:SYNC) news was published by Streetinsider.com which published an article titled: “Synacor (SYNC) Reports In-Line Q3 EPS, Revenues Miss; Offers FY18 Revenue Guidance Below Consensus” on November 08, 2018.

Synacor, Inc. (NASDAQ:SYNC) Institutional Positions Chart

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