Intellisync Corp’s (NASDAQ:SYNC) Sentiment is 1

July 14, 2018 - By Ash Ash

Synacor, Inc. (NASDAQ:SYNC) Logo

Sentiment for Intellisync Corp (NASDAQ:SYNC)

Intellisync Corp (NASDAQ:SYNC) institutional sentiment decreased to 1 in Q1 2018. Its down -0.13, from 1.13 in 2017Q4. The ratio has worsened, as 16 hedge funds opened new and increased positions, while 16 sold and reduced their stock positions in Intellisync Corp. The hedge funds in our partner’s database now possess: 10.33 million shares, down from 11.76 million shares in 2017Q4. Also, the number of hedge funds holding Intellisync Corp in their top 10 positions increased from 0 to 1 for an increase of 1. Sold All: 8 Reduced: 8 Increased: 11 New Position: 5.

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 $77.59 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.

It closed at $2 lastly. It is down 42.03% since July 14, 2017 and is downtrending. It has underperformed by 54.60% the S&P500.

Intel Corp holds 0.23% of its portfolio in Synacor, Inc. for 866,884 shares. Ariel Investments Llc owns 4.05 million shares or 0.07% of their US portfolio. Moreover, Northpointe Capital Llc has 0.05% invested in the company for 255,534 shares. The Us-based Ancora Advisors Llc has invested 0.03% in the stock. Alyeska Investment Group L.P., a Illinois-based fund reported 890,536 shares.

Synacor, Inc. (NASDAQ:SYNC) Ratings Coverage

Ratings analysis reveals 50% of Synacor’s analysts are positive. Out of 2 Wall Street analysts rating Synacor, 1 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. SYNC was included in 2 notes of analysts from March 16, 2018. The firm has “Buy” rating by Rosenblatt given on Thursday, May 10. The firm has “Hold” rating given on Friday, March 16 by Canaccord Genuity.

More recent Synacor, Inc. (NASDAQ:SYNC) news were published by: Businesswire.com which released: “Haeggquist & Eck, LLP is Investigating Claims Against Synacor, Inc.’s Directors and Officers for Breach of Fiduciary Duty” on July 09, 2018. Also Streetinsider.com published the news titled: “Synacor (SYNC) Could Benefit as AT&T Pivots Toward Ads – Needham & Company” on June 21, 2018. Businesswire.com‘s news article titled: “Scott+Scott Attorneys at Law LLP Investigating Derivative Claims on Behalf of Shareholders of Synacor, Inc. – SYNC” with publication date: June 27, 2018 was also an interesting one.

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

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