Synchronoss Technologies, Inc. (NASDAQ:SNCR) is on recovery track with 51.79% gain from a 1-year low price of $3.9. The company lost -4.67% to attain the price of $5.92 on 3/15/2019. Throughout the recent session, the prices were hovering between $5.85 and $6.22. These shares are 18.24% off its target price of $7 and the current market capitalization stands at $251.13M. The recent change has given its price a -20.69% deficit over SMA 50 and -51.16% deficit over its 52-week high. The stock witnessed -28.76% declines, -4.05% declines and -0.5% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found SNCR’s volatility during a week at 6.26% and during a month it has been found around 4.31%.

Synchronoss Technologies, Inc. (SNCR) Top Holders

Institutional investors currently hold around $100 million or 44.9% in SNCR stock. Look at its top three institutional owners: Elk Creek Partners, Llc owns $19.24 million in Synchronoss Technologies, Inc., which represents roughly 7.66% of the company’s market cap and approximately 19.24% of the institutional ownership. Similar statistics are true for the second largest owner, Archon Capital Management Llc, which owns 2,047,823 shares of the stock are valued at $12.12 million. The third largest holder is Dimensional Fund Advisors Lp, which currently holds $8.88 million worth of this stock and that ownership represents nearly 3.54% of its market capitalization.

Synchronoss Technologies, Inc. 13F Filings

At the end of December reporting period, 75 institutional holders increased their position in Synchronoss Technologies, Inc. (NASDAQ:SNCR) by some 16,454,543 shares, 4 decreased positions by 597,283 and 2 held positions by -176,820. That puts total institutional holdings at 16,875,006 shares, according to SEC filings. The stock grabbed 73 new institutional investments totaling 16,425,565 shares while 2 institutional investors sold out their entire positions totaling 38,875 shares.

Synchronoss Technologies, Inc. (SNCR) Analyst Guide

Several analysts have released their opinion on Synchronoss Technologies, Inc. (NASDAQ:SNCR), with 0 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 3 average brokerage recommendation [T1].