Nuance Communications, Inc. (NUAN) Recent Ownership Changes

Nuance Communications, Inc. (NASDAQ:NUAN) has made a 22.33% comeback from a 12-month low price of $12.18. It was seen -0.07% lower, changing the price to $14.9, when the closing bell rang on 07/10/2018. At recent session, the prices were hovering between $14.65 and $14.96. This company shares are 22.15% off its target price of $18.2 and the current market capitalization stands at $4.38B. The recent change has given its price a 5.91% lead over SMA 50 and -20.53% deficit over its 52-week high. The stock witnessed 7.74% gains, -1% declines and -12.92% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found NUAN’s volatility during a week at 2.12% and during a month it has been found around 2.31%.

Nuance Communications, Inc. (NUAN) Top Holders

Institutional investors currently hold around $3.82 billion or 88.7% in NUAN stock. Look at its top three institutional owners. Vanguard Group Inc owns $364.11 million in Nuance Communications, Inc., which represents roughly 8.31% of the company’s market cap and approximately 9.52% of the institutional ownership. Similar statistics are true for the second largest owner, Ameriprise Financial Inc, which owns 22,523,942 shares of the stock are valued at $335.83 million. The third largest holder is Clearbridge Investments, Llc, which currently holds $321.02 million worth of this stock and that ownership represents nearly 7.33% of its market capitalization.

Nuance Communications, Inc. 13F Filings

At the end of March reporting period, 191 institutional holders increased their position in Nuance Communications, Inc. (NASDAQ:NUAN) by some 32,867,857 shares, 165 decreased positions by 28,316,026 and 56 held positions by 195,267,967. That puts total institutional holdings at 256,451,850 shares, according to SEC filings. The stock grabbed 59 new institutional investments totaling 13,669,276 shares while 56 institutional investors sold out their entire positions totaling 6,561,105 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 Director Laret Mark R has sold 15,000 shares of Nuance Communications, Inc. (NUAN) in trading session dated May. 23, 2018. These shares are worth $209,700 and were traded at $13.98 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 Nov. 14, 2017. The company’s shares were given away at $14.4 per share worth to an income of some $67,421 on account of Siegel Kenneth M.

EVP & Chief Legal Officer, Siegel Kenneth M, sold 4,682 common shares of Nuance Communications, Inc. (NUAN) in the open market. In a transaction dated Oct. 06, 2017, the shares were put up for sale at an average price of $16, raking in a sum of $74,912. After this sale, 53,437 common shares of NUAN are directly owned by the insider, with total stake valued at $796,211.

In the transaction dated Oct. 02, 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 $15.58, amounting to approximately $101,270. The insider now directly owns 232,211 shares worth $3,459,944.

Nuance Communications, Inc. (NUAN) Analyst Guide

Several analysts have released their opinion on Nuance Communications, Inc. (NASDAQ:NUAN), with 4 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 1.4 average brokerage recommendation.