Insider Trading Alert - SNCR, ALTR And KAR Traded By Insiders

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Yesterday, Aug. 18, 2014, 105 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $81.56 to $73,500,000,000.00.

Highlighted Stocks Traded by Insiders:

Synchronoss Technologies (SNCR) - FREE Research Report

Lazzaro Nicholas P, who is EVP & Pres of Emerging Markets at Synchronoss Technologies, sold 862 shares at $39.27 on Aug. 18, 2014. Following this transaction, the EVP & Pres of Emerging Markets owned 38,875 shares meaning that the stake was reduced by 2.17% with the 862-share transaction.

The shares most recently traded at $40.87, up $1.60, or 3.91% since the insider transaction. Historical insider transactions for Synchronoss Technologies go as follows:

  • 4-Week # shares sold: 1,067
  • 12-Week # shares sold: 3,032
  • 24-Week # shares sold: 19,753

The average volume for Synchronoss Technologies has been 377,300 shares per day over the past 30 days. Synchronoss Technologies has a market cap of $1.7 billion and is part of the technology sector and computer software & services industry. Shares are up 30.64% year-to-date as of the close of trading on Monday.

Synchronoss Technologies, Inc. provides cloud solutions and software-based activation for connected devices worldwide. The company has a P/E ratio of 45.9. Currently, there are 7 analysts who rate Synchronoss Technologies a buy, no analysts rate it a sell, and 1 rates it a hold.

Exclusive Offer: Get the latest Stock Analysis on SNCR - FREE

TheStreet Quant Ratings rates Synchronoss Technologies as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, increase in stock price during the past year, reasonable valuation levels and compelling growth in net income. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Synchronoss Technologies Ratings Report from TheStreet Quant Ratings now.

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