Tuesday, 22 January, 2019

Nuance Communications, Inc. (NASDAQ:NUAN) Insider Trading Report

Theresa Hayes | 12 February, 2017, 04:45

Citigroup Inc. reiterated an outperform rating on shares of Nuance Communications in a report on Wednesday. (NASDAQ:NUAN) for the current quarter is 0 percent.

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock.

Earnings per share (ttm) for Nuance Communications, Inc. The stock has a quick ratio of 0.20 and a current ratio of 1.50.

Zendesk, Inc. (NYSE:ZEN), maintained return on investment for the last twelve months at -33.83, higher than what Reuters data shows regarding industry's average. The company's market capitalization is $4.82 billion. Numeric Investors LLC boosted its stake in shares of Nuance Communications by 83.0% in the second quarter. Following the transaction, the director now owns 120,900 shares in the company, valued at $1,997,268. New York State Teachers Retirement System now owns 19,400 shares of the company's stock worth $303,000 after buying an additional 12,000 shares during the period. Los Angeles Capital Management & Equity Research Inc. bought a new stake in Nuance Communications during the second quarter valued at approximately $49,969,000. Raymond James analysts disclosed their opinion on Nuance Communications, Inc. (NASDAQ:NUAN) is $20.78 while their mean recommendation is 2.00 (1=Buy, 5=sell). Corporate insiders own 1.67% of the company's stock.

Moving toward other technical indicators, stock is wondering in considerable region as it has 20 days moving average of 5.13% and struggles for 50 days moving average of buoyant run is 6.29%.

Nuance Communications, Inc. (NASDAQ:NUAN) closed up +0.14 points or 0.84% at $16.74 with 6.14 mln shares exchanging hands.

When the current quarter ends, Wall Street expects Nuance Communications, Inc.to have earnings per share of $0.38. Company price to earnings (P/E) ratio, which measures the relationship between the earnings of a company. Revenues for the fourth quarter of 2016 totaled $215.0 million, compared with $188.2 million in the fourth quarter of 2015, and $205.0 million in the third quarter of 2016. One quarter earlier, revenue for the stock was at $512.45 million, with earnings at $0.41/share. The company earned $487.70 million during the quarter, compared to analyst estimates of $490.37 million. Zacks Investment Research cut shares of Nuance Communications from a "hold" rating to a "strong sell" rating in a report on Wednesday, October 5th.

LogMeIn, Inc. (NASDAQ:LOGM) also making a luring appeal, share price swings at $100.45 with percentage change of -0.64% in most recent trading session. Canaccord Genuity reiterated a "buy" rating on shares of Nuance Communications in a report on Friday, November 18th. The highest analyst price target is $26.00, which implies a rally of 45 percent. The company has an average rating of "Buy" and an average price target of $22.63.

A number of analysts rated the stock as well: 3 analysts believe that the stock is a STRONG BUY while 3 reported it as Buy.3 analysts assigned a HOLD rating, 0 said it's UNDERPERFORM and 0 say that this stock is a SELL. Also, EVP Kenneth M. Siegel sold 6,243 shares of the business's stock in a transaction dated Monday, November 28th. The shares were sold at an average price of $16.52, for a total transaction of $165,200.00. Following the completion of the transaction, the executive vice president now owns 89,494 shares in the company, valued at approximately $1,496,339.68. The stock appeared $20.56 above its 52-week highs and is up 4.69% for the last five trades. The disclosure for this sale can be found here. In the last 27 earnings reports, the company has topped earnings-per-share estimates 54% percent of times.

Many Insiders have done trades inside the company. The Healthcare segment provides clinical speech and clinical language understanding solutions. KLAS conducts independent evaluations with healthcare providers on vendor performance recognizing companies like Nuance that excel in helping providers deliver better care as top performers in the Best in KLAS: Software & Services report.