Nuance Communications, Inc. (NUAN) Stock Ownership And Insider News

Nuance Communications, Inc. (NASDAQ:NUAN) reached 25.39% versus a 1-year low price of $14.02. The stock was last seen 5.21% higher, reaching at $17.58 on 03/08/2018. At recent session, the prices were hovering between $16.75 and $17.59. This company shares are 25.14% off its target price of $22 and the current market capitalization stands at $5.12B. The recent change has given its price a 4.13% lead over SMA 50 and -11.79% deficit over its 52-week high. The stock witnessed 3.59% gains, 16.73% gains and 10.5% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found NUAN’s volatility during a week at 3.13% and during a month it has been found around 2.87%.

Nuance Communications, Inc. (NUAN) Top Holders

Institutional investors currently hold around $4.2 billion or 87.5% in NUAN stock. Look at its top three institutional owners. Vanguard Group Inc owns $392.94 million in Nuance Communications, Inc., which represents roughly 7.67% of the company’s market cap and approximately 9.36% of the institutional ownership. Similar statistics are true for the second largest owner, Ameriprise Financial Inc, which owns 21,841,942 shares of the stock are valued at $364.98 million. The third largest holder is Clearbridge Investments, Llc, which currently holds $357.46 million worth of this stock and that ownership represents nearly 6.98% of its market capitalization.

Nuance Communications, Inc. 13F Filings

At the end of 12/31/2017 reporting period, 186 institutional holders increased their position in Nuance Communications, Inc. (NASDAQ:NUAN) by some 40,996,767 shares, 205 decreased positions by 38,043,843 and 55 held positions by 172,127,477. That puts total institutional holdings at 251,168,087 shares, according to SEC filings. The stock grabbed 66 new institutional investments totaling 9,003,566 shares while 89 institutional investors sold out their entire positions totaling 13,844,628 shares.

Nuance Communications, Inc. (NASDAQ:NUAN) Insider Trades

Multiple company employees have indulged in significant insider trading. Nuance Communications, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that EVP & Chief Legal Officer Siegel Kenneth M has sold 4,682 shares of Nuance Communications, Inc. (NUAN) in trading session dated Nov. 14, 2017. These shares are worth $67,421 and were traded at $14.4 each. The SEC filing shows that Siegel Kenneth M performed a sale of 4,682 shares. The EVP & Chief Legal Officer disposed these shares by way of transaction on Oct. 06, 2017. The company’s shares were given away at $16 per share worth to an income of some $74,912 on account of Siegel Kenneth M.

Executive Vice President and C, Tempesta Daniel David, sold 6,500 common shares of Nuance Communications, Inc. (NUAN) in the open market. In a transaction dated Oct. 02, 2017, the shares were put up for sale at an average price of $15.58, raking in a sum of $101,270. After this sale, 232,211 common shares of NUAN are directly owned by the insider, with total stake valued at $4,082,269.

In the transaction dated Sep. 01, 2017, the great number of shares disposed came courtesy the Executive Vice President and C; Tempesta Daniel David disposed a total of 6,500 shares at an average price of $15.99, amounting to approximately $103,935. The insider now directly owns 264,677 shares worth $4,653,022.

Nuance Communications, Inc. (NUAN) Analyst Guide

Several analysts have released their opinion on Nuance Communications, Inc. (NASDAQ:NUAN), with 5 analysts believing it is a strong buy. Whereas 1 of them predict the stock is a hold. Also, there are 0 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.33 average brokerage recommendation.

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