Smith Graham & Co Investment Advisors LP Has Increased Its Position in Synchronoss Technologies (SNCR) as Stock Price Declined; As Asml Holding N V (ASML) Market Valuation Rose, Shareholder Minerva Advisors Cut Holding

February 15, 2018 - By Louis Casey

Smith Graham & Co Investment Advisors Lp increased its stake in Synchronoss Technologies Inc (SNCR) by 11.59% based on its latest 2017Q3 regulatory filing with the SEC. Smith Graham & Co Investment Advisors Lp bought 79,300 shares as the company’s stock declined 59.16% while stock markets rallied. The institutional investor held 763,638 shares of the technology company at the end of 2017Q3, valued at $7.13M, up from 684,338 at the end of the previous reported quarter. Smith Graham & Co Investment Advisors Lp who had been investing in Synchronoss Technologies Inc for a number of months, seems to be bullish on the $355.89M market cap company. The stock increased 1.22% or $0.09 during the last trading session, reaching $7.49. About 172,783 shares traded. Synchronoss Technologies, Inc. (NASDAQ:SNCR) has declined 60.71% since February 15, 2017 and is downtrending. It has underperformed by 77.41% the S&P500.

Minerva Advisors Llc decreased its stake in Asml Holding N V (ASML) by 80.9% based on its latest 2017Q3 regulatory filing with the SEC. Minerva Advisors Llc sold 7,652 shares as the company’s stock rose 6.28% with the market. The hedge fund held 1,807 shares of the industrial machinery and components company at the end of 2017Q3, valued at $309,000, down from 9,459 at the end of the previous reported quarter. Minerva Advisors Llc who had been investing in Asml Holding N V for a number of months, seems to be less bullish one the $82.18B market cap company. The stock increased 0.62% or $1.19 during the last trading session, reaching $192.53. About 852,176 shares traded. ASML Holding N.V. (NASDAQ:ASML) has risen 44.52% since February 15, 2017 and is uptrending. It has outperformed by 27.82% the S&P500.

Among 17 analysts covering ASML Holding NV (NASDAQ:ASML), 11 have Buy rating, 0 Sell and 6 Hold. Therefore 65% are positive. ASML Holding NV had 36 analyst reports since July 21, 2015 according to SRatingsIntel. SNS Securities upgraded the stock to “Add” rating in Tuesday, July 21 report. On Friday, March 10 the stock rating was upgraded by UBS to “Buy”. As per Wednesday, February 8, the company rating was upgraded by BNP Paribas. The firm has “Buy” rating by Credit Suisse given on Monday, January 15. The stock of ASML Holding N.V. (NASDAQ:ASML) earned “Neutral” rating by Credit Suisse on Tuesday, January 17. The stock of ASML Holding N.V. (NASDAQ:ASML) earned “Hold” rating by RBC Capital Markets on Monday, June 5. The stock of ASML Holding N.V. (NASDAQ:ASML) has “Underperform” rating given on Thursday, March 31 by BNP Paribas. The firm has “Sector Perform” rating by RBC Capital Markets given on Thursday, July 21. The stock of ASML Holding N.V. (NASDAQ:ASML) has “Hold” rating given on Wednesday, January 17 by RBC Capital Markets. The rating was maintained by B. Riley & Co on Thursday, January 21 with “Neutral”.

Among 8 analysts covering Synchronoss Technologies Inc. (NASDAQ:SNCR), 3 have Buy rating, 1 Sell and 4 Hold. Therefore 38% are positive. Synchronoss Technologies Inc. had 19 analyst reports since July 31, 2015 according to SRatingsIntel. The firm has “Buy” rating by Drexel Hamilton given on Wednesday, June 1. The rating was maintained by Credit Suisse on Thursday, December 7 with “Sell”. The rating was downgraded by Stifel Nicolaus on Thursday, February 4 to “Hold”. As per Wednesday, January 25, the company rating was initiated by JP Morgan. The stock of Synchronoss Technologies, Inc. (NASDAQ:SNCR) has “Underperform” rating given on Monday, May 22 by Credit Suisse. The firm has “Hold” rating by Stifel Nicolaus given on Tuesday, September 19. The firm has “Overweight” rating by Stephens given on Wednesday, August 10. The rating was maintained by Stifel Nicolaus with “Hold” on Wednesday, November 29. The firm earned “Hold” rating on Wednesday, October 18 by Stifel Nicolaus. The rating was upgraded by Raymond James to “Strong Buy” on Thursday, October 29.

Since January 30, 2018, it had 0 insider buys, and 1 insider sale for $5,549 activity.

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